did i got this right?
you stake, curate, vote get rewarded (amount) = you own hive, do nothing, get rewarded (amount)
most will chose the you do nothing, get rewarded option.
what happens with creators/authors?
You are viewing a single comment's thread from:
Not exactly. The current situation is "you stake, you auto-vote (essentially doing no work)" and you get the highest return. I'm just looking for ideas on how to change that.
I don't think it impacts creators/authors directly, unless we make a change that positively or negatively affects the coin price.
As much as I'd love for this to change, I think to be honest it never will as it stands -- I'll try to break down my thoughts a bit more here:
Even if a person sees Defi and foolish and not sustainable(it will have all the attention for a bit here in the coming 1 year).
On Defi you don't do anything. It's going to be hard to tell people that they have to perform manual operations, to earn 1/10th the APR at best.
Unfortunately I can't seem to get past this regardless. So its a good thought, to figure out a system where we can remove auto-voting and more on manual. It's a hard one, and kudos for Blocktrades to start the conversation.
Well, the only way I think that can be done is by getting manual voters 20-50% yields. Which is a nearly impossible, as anything can be gamed on a front-end operation. So we sort of have to rule that out.