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In this video I talk about vote weight multipliers for Hive-engine tokens, and how to adjust them to use your full token voting power, enjoy!

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Graphic made in Desygner, photo by Erik Gustafsson

Hi there and welcome to my vlog, my name is Erik Gustafsson and I go by the handle @flaxz.

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#AliveAndThriving: Adjust Vote Weight Multipliers To Use Your Full Token Voting Power

So if you are voting with Hive-engine tokens, like ALIVE for example, using your main acount, then you are most likely not going to use the full voting power for that token.

One way to solve this is to have a separate voting account for each token, but that might not be the best solution in every case, and what you can do instead is to adjust your vote weight multipliers for each token.

Say that half of the votes you give have the #alive tag, and the other half does not, then you are only using half your ALIVE voting power, but by setting your vote weight multiplier for ALIVE to 2 then you are using your full voting power for ALIVE.

You can also set decimals here, I am not sure the limits for that, but I am using up to 2 decimals, so setting a multiplier to 1.65 for example is not a problem.

Vote weight multipliers can be set under Rewards in Leodex, however for some reason that does not always work, even if it's broadcasted successfully it does not always go through.

@achim03 has made a tool for this that actually works, you look up the voting power for each token, and then broadcast a change using Hive Keychain, and it's available here, https://www.ref-hunters.ch/votemultiplier

One thing to note here is to not do too big adjustments at one time as the swings can be very big, and setting them too high at once can drain it, so adjust in small increments and more often until you find a good spot.

Enjoy Watching The Video!

Thank You!

Thank you very much for watching my video, leave your thoughts in the comments below, and ...

Stay Awesome!

Sincerely,
Erik Gustafsson

My profile on PeakD

My profile on We Are Alive

This is my own personal opinion, do your own research before investing, and seek legal counsel if uncertain.

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Credits For Music

Royalty Free Music from Bensound, track Hey!

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Made in Desygner

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Made in Desygner

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@flaxz

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