Temporary Changes To Voting Power Usage

Temporary Changes To Voting Power Usage

Earlier today our team was notified of a temporary withdrawal of the Steemit Inc delegation to Utopian.io. The delegation is due to return in a week and the reason for this temporary withdrawal is moving of stakes by Steemit Inc.

To ensure Utopian.io continues to review and score your contributions, we’re making some changes to the distribution of voting power by @utopian-io to reduce VP consumption until the delegation is returned.

updates

Contribution Incentives

The process of reviewing submissions to Utopian.io and scoring them for potential review will remain unchanged, and the same voting power percentage will be used to upvote the reviewed submissions according to their score. Though the upvote value of this percentage is significantly lower as a result of our temporarily reduced delegation, contributions are, as always, very welcome.

Moderator & Community Manager Rewards

To conserve voting power, moderation rewards will be reduced by 50% as of 00:00 UTC today. In addition, community managers will not be awarded the regular fixed reward, but can still receive incentives for actively reviewing and scoring contribution to their respective categories.

Utopian.io Innovation Trail

For the time being, we are reducing our support of the communities in the Utopian.io Innovation Trail by lowering the voting power reserved for the trail by 50%.

Tipping

The tipping system will be temporary disabled until the delegation is returned.

We are sorry for the inconvenience caused, and wish to resume normal operation within the coming week. We are working closely with Steemit Inc. to make sure the process is smooth and will be sure to update you as it progresses.

Thank you for your patience and ongoing support!

We would also like to take this chance to thank our team for the quick response and patience, and to our friends in other companies on the blockchain who were quick to offer their support while we work to return to normal operations.

For any update or question don’t hesitate to get in touch with us on the Utopian Discord server.


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