I haven't studied the voting power of whales but I don't think they use it all up every day. With a different split of say 60/40 or 67/33, they could probably earn the same amount of rewards by voting more. At the same time authors get more rewards to stake and grow a stronger middle class.
To avoid circle-jerking maybe whales can agree not to vote for each other and their alt accounts or on anyone with pob power above a certain threshold (e.g. 10,000 pob power)? The bar could be raised as more accounts cross the threshold. This is very idealistic and requires the good faith of all involved.
From a price perspective, i'm not sure it will result in a dump. On one hand, authors who are going to dump will have more to do so, but whales can always control that by choosing not to reward them. Ultimately, when one has too much of a resource, they will dump it for something else elsewhere. It's true whether it is a whale or a minnow.
@calumam this is a very thoughtful post that has kept a lot of people thinking for a long while.
I was about to make my suggestion s known but I decided to read through the comments first, it has been interesting all the way seeing different opinions with strong backings.
When I read @charcoalbuffet opinions which lined with mine to an extent.
At the first paragraph, I was thinking of a readjustment in the persentage, something like (60/40)% is very much on track.
For the second paragraph, I don't think that would happen. Good contents are meant to be rewarded no matter if the creator is a whale or not, having more stakes shouldn't deprive you from getting adequate rewards
Thanks, corporateay. Regarding paragraph 2, it is a modification of something that happened back in 2017. Not sure what the conclusion of that experiment was but I thought it was an awesome period for the platform.
Anyway, it will require folks with that much stake to decide whether doing so would be for the benefit of the community, otherwise it won't work.
On an individual post, definitely agree. Whales do make a lot more from their curation so I'm not sure if they would mind their occasional post not being rewarded as much.
I wouldn't want to tell anyone how they should vote. Ultimately, we create the community/society we deserve through our votes or lack thereof.