Really well put, thank you for this comment and agree with most that was said.
That's also very interesting about removing the HBD APR decisions away from witnesses, I think most would agree with that. Maybe a stakebased system where stake can vote in favor of what % if any to have at any given time but with some checkpoints of how often it can change to not be annoying/unpredictable, I'm thinking similar to BTC mining difficulty but probably once every 4 weeks rather than 2.
De facto almost any type of voting (also for DHF) is already stake-based, isn´t it? Most of the witnesses who are whales are in the top 20. Coincidence only?
Well it's conflicted in this scenario, someone may want to vote for a witness but they're signaling either too high or too low APR. I.e. why should it be the job of witnesses to handle the economics of HBD when everyone could vote on it themselves specifically instead. It would also avoid certain scenarios I imagine have occurred where witnesses may signal higher or lower not based on what they think is best for hive but what they think is best for their position which doesn't sound like a great model to uphold.
Agree on this one.