First off, it looks like the reward pool has been more like 51K/day lately.
Second off, you act as though someone is putting this in their pocket. This benefits Hive, not any specific person. In fact, it has a large impact on the current price of Hive which is many times higher than it was when this started. Hive has also be extremely stable, in fact it has been better than many tokens.
Granted it is ugly, but it is effective.
I also believe the reward pool is larger than what we need for the current user base and quality of content. Many times I have a hard time finding anything to vote and putting it into the DHF is a better option. It is much easier to vote when you have a small amount of stake, but when your vote is $200+, it becomes far more time consuming and difficult to distribute that stake well.
So at the moment, it's on the HIGH end, with hbd.funder taking in 10-15 of the 51 (20-30%), correct?
Through the curation rewards, 50% of this is going directly into people's pockets.
I certainly agree. Especially when some of these same folks are zeroing out content creators for political reasons, calling it "rewards disagreements," then dropping $300-600 upvotes on literal spam.
What a simple, practical argument for much more decentralization of stake! Why not delegate yours out to any of the dozens of communities getting by with a couple thousand HP? That's always been my model personally, to simply delegate out the earned HP - because james' delegation is more than enough for anybody to have the keys to.
I haven’t kept track of hbdfunder rewards.
Yes the same rewards they would get for voting anything else. Net zero change.
In your example someone was benefiting in this no one is.
Not sure how you get that. My stake is spread out to almost 300 unique authors a week. More so than most anyone. I don’t delegate out my stake, I prefer to use my influence how I please.
I have a spreadsheed with all of them, since it started commenting - that's where the charts came from.
Without the benefit of 50% of that being distributed to creators - as you mention you are doing with yours quite well.
You were describing how much harder and more time consuming it is to vote with a $200 vote. So don't. Seems like having that much centralization of stake is having a negative impact on your experience... that's what I was getting at, from your comment.
As has been explained to you many times, the benefit of that 50% is being distributed to HBD stabilizer and then to DHF, where it then goes to developers, marketers, those operating infrastructure, etc.
You may thing it would be better to go to creators, while others think it is better going to HBD stabilizer and DHF for developers, marketers, etc. Stakeholders get to vote on this.
They certainly do. And by bringing this activity into the light (less than 5 people I've talked to had any idea about this activity) it helps ALL stakeholders make more informed decisions. Just like seeing how pharesim/curangel/azircon are systematically nuking users for purely political reasons, or how acidyo/OCDB likes to publish libel about people on the chain.
And maybe in the future your social circle can start paying a little more attention to the happenings on chain. In my comment that you have conveniently muted, I explained, whether people were for it or against it, this was no secret. That says a lot about how far disconnected from this place you folks are if less than five knew. That needs to improve. If people aren't truly fully informing themselves around here, like so many others, how are they even in a position to comment...
Pay attention.
No, it points to the issue that others have brought up here as well. Hive is obscure, too technical for most, not well documented, and designed to make information harder and harder to find the older it is.
Of course it is, I'd rather just collect 100% of my stake and do nothing to get it while sitting on the beach. I try to use my stake that helps as many people who I feel I putting in effort. I vote everyone the same 10% without favorites.
Right. I'm not actually trying to say you "should" do this or that, was just leaning into your comment to make a point about how a much more decentralized Hive would be better for everyone.
I can definitely appreciate that, and I don't recall a time that I've had issues with you, your curation etc. Thanks for doing what you can for the community!