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RE: Proposal: reduce Hive inflation by reducing curation rewards

in Hive Improvement4 years ago (edited)

People don't want to discovery "new posts" because it's a lot easier to farm on defi and do nothing, earning 10-20x yield returns even if it does collapse.

The Auto Voting is a serious problem if you want a social unicorn. On the flip side, poor returns from APR yields is a serious problem if you want a blockchain unicorn. It's not to say by any means you need any APR, or staking for that matter, it's just for this comparison since rewarding is still in plans along with inflation.

It needs to to go strongly in one direction or the other. Currently all the mechanics are in the middle.

New Investors:

And it's important to get new investors unfortunately, because that's how the entire mechanics work for any asset class, stock or crypto for that matter.

We need to support more experimenting like @blocktrades proposal and attempt more radical changes(a bit less focusing on "finding the sweet spots"). More extremes imho.