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RE: Reward Pool is under 1Million Steem

in #hf197 years ago (edited)

I think we need to lock posts in Trending to much shorter timeframes. Maybe as little as an hour and you're gone from trending. We need a lot more turnover there, the page looks almost the same day to day, and it's probably one of the first thing new users hit. Seems like an underutilized asset.

"the top 1% of accounts have 93% of the steem."

Not sure how you get around this one without some kind of forced distribution, unfortunately. What percentage of the quality content do you think those 1% of accounts are producing? I'd say it's at least well over 1% (ie more than proportional).

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Well, that's basically what hot is. I still think we need a way to incentivize upvoting minnows. I do get worried though it's going to incentivize self voting through smurfs. IDK. We collectively need to come up with an answer.

Is there a way to give higher curation rewards scaled against a LOWER target SP (more rewards for curating a minnow to $1k than a whale post to $1k) that won't be immediately abused via sock-puppet posting? Maybe the lower SP target would need a minimum time since registration or minimum number of upvotes received...neither of those sounds like that smooth of an idea.

one idea is to separate the rewards pool for posts and comments. It's not really abused through posts because it's too easy to catch and the whole community sees it. It's abused through comments. One option is to cap comments at 3% of the pool. That stops the amount of abuse accessible through there, but it also hurts actual comments. I'm not sure of a way to do this yet without unintended consequences.

Yeah, commenting is kind of how you get started on the platform. I have gotten a few $30+ comments which in turn boosted my followers when I had next to none. However, I feel like if you restrict it to posts, people will just make more posts. I don't think there are enough flags to go around.

Flag wars are destructive and best used only by the biggest set of whale balls around.

How about separating voting power between posts and comments. Everyone gets 10 (or 20 or whatever is a good number) % of their voting power to spend on comments, when it's used up it's used up. The rest is delegated to voting on posts.

I rather see the comments being worth more than 3% as we need both readers as creators to balance things out.