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RE: Rewards From Delegating to Boomerang Have Cratered

in #boomerang7 years ago (edited)

I'm not sure why @boomerang restricted themselves to a 2.5 day post age for voting eligibility either. This considerably limits the number of users that would utilize the service. @booster is the only other voting service with such a constraint. The rest are 3 days or higher.

I have no problem with limiting the post age, but the voting services should be free to determine this of their own accord and not be pressured into it. If the platform itself allows votes up to seven days after users publish them, then the issue is the rules of the platform.

It seems the Witnesses and Steemit Inc aren't doing anything about changing the rules of the platform for all users, so Grumpy Cat and other whales have taken matters into their own hands. Meanwhile, there is nothing to stop whales from up-voting themselves and reaping the benefits. What a conundrum.

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Yeah I agree 100%. Strange situation. I think these issues will eventually get worked out, at least I hope so. It's definitely the wild west right now, and I think the problem is that there is no real algorithm-based answer that has gained acceptance enough to be potentially included in an upcoming hardfork.

It's been a few weeks since your post and I just thought I'd offer a few more comments given some observations I've made.

I've noticed that Boomerang has not been actively posting updates to delegators - there used to be a post once a week to summarize the weekly curation reward distribution. I'm not sure why the communication has fizzled.

I would also argue that to be competitive with other bots, the maximum post age should be increased from 2.5 days to 3.5 days. With nearly 600K SP delegated to boomerang now, it makes sense to equalize the competitive playing field with other voting services and give users more options. The 2.5 day constraint limits this and there is no reason for it when 3.5 days is sufficient to be compliant with the Grumpy Cat initiative.

Just not sure how to get this across to Boomerang. Thoughts?

Yeah i agree 100%. At this point i can't seem to find any better passive steem investments so I'm just sticking with boomerang for now. If you ever find something with a better return let me know. Right now I'm delegating 4300 sp or so, getting 5-6 sbd a day.