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RE: Authors/Curators/Witnesses

in LeoFinancelast year (edited)

Yea I'm seeing some renewed discusion about author rewards and should they go, but in reality the rewards to authors are quite insignificant at the curent state of Hive. Around 1/3 of inflation is to authors, and half of that locked in HP. Aditionaly the votes for the stabilizer further reduce the author rewards for around 25% curently.

Furthermore there is a natural tendency from the community to vote on authors who keep their stake, so majority of what is left to authros goes to hodlers so to speak..

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Id hardly say they need to go. Hive used to be far more creator focused when it comes to rewards distribution than it is now. Thats what created problems. I dont think we have those issues now. Eventually removal of author rewards might come with L2 smart contracts and if that takes off.

Before moving author rewards on L1, L2 coins need more liquidity.

I have some ideas for that.