Healthy token distribution is key for a project to be sustainable in the long run. Token distribution via inflation allocated through votes is a good strategy, the more token holders you have, & the bigger your middle class is, the better.
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The key for this type of distribution is to have a community that wants to stack the tokens, and not just sell them when they receive them, effectively making Hive or Leo a cash cow for other investments or perhaps even daily expenses.
What good is it to have a good distribution system if the tokens will end up in the market & create sell pressure, extracting value from the token
For a Proof of Stake based blockchain, having more token holders means more decentralization
I read a lot about the past of Hive. Getting rid of the pre-mined stake from a centralized entity was a good move, but distributing the inflation correctly is as important. You don't want your inflation to end up in the market after 7 days.
You actually want to distribute this inflation to users who are in here for the long run, who believe holding $hive and $leo is better.
What good is to stack tokens via voting circles if only you & your friends hold said token long term.
An ecosystem as complicated as Hive/Leo needs to have users who are here for the long run, & reward their posts instead of posts form those who are here for the present rewards, who sell your ecosystem's inflation at the 1st chance they get
Downvotes are good, I'd never get rid of them. They allow the community to decide where token allocation goes. Having downvotes is a way to protect your ecosystem's inflation and try to decide in a decentralized way where it should go.
Curation projects are good as long as there is not a monopoly, which apparently is what happens on Hive. I don't see that happening in Leo Finance. From what I've seen, Hive users are lazy & prefer to delegate their voting allocation cont