- 2Replacing ALGO upvotes with tips to author 💸 Based on feedback about the "upvote with algo" functionality, we are phasing out this functionality and transitioning to a more straightforward "tipping" option. Here's why: - The large value discrepancy between POST and ALGO complicates the calculation of post scores. This issue has become even more problematic with downvotes, as currently you can negate the effect of 1 ALGO upvote with 1 POST downvote. Assigning different weights to ALGO and POST upvotes is doable but very complicated in practice - The "tax" on algo upvotes: this is not a secret, but it is also not very obvious, and it is eroding trust in the decentralization of the platform The new tipping feature lets you send algos directly to post authors, with a trackable note. These tips will be displayed below the post, distinctly from upvotes. Upvoting and downvoting with POST tokens is unaffected. As always, any feedback or differing opinions are welcome :)
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While crunching some numbers, I realized the claimable algo calculation was incorrect 🤦 If you were affected by this, you should have just received a transaction with the missing rewards.
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I suggest you still allow algo, but first use the algo to buy post in a liquidity pool. This would be the best of both worlds imo because everyone will not necessarily want to hold post. It would also be good for liquidity providers IF this is possible, something to consider. Keep up the great work!!
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>>LEQIUPH2QA I really like this idea! I think it could be done (I know tinyman v2 allows chaining transactions in the same group as the swap). Will look into it as soon as the wallet connection revamp is done (the website is barely usable now because of this, so it is the current focus)