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RE: Hive Staking Rewards

in #hive5 years ago

This is too complicated. It's hard enough getting people to understand that when you "like" someone's content they are rewarded 50% and you get 50% also, and it comes from a "rewards pool" not your own money, but how much "money" you have does determine how much each of you get each time you "like" content. And then there's posts, self-voting, delegation... I don't see how making this even more complicated helps.
In terms of incentivizing people to buy more Hive, as much as I don't like the knock-on effects, the most practical thing is to encourage the investment as a way of increasing the amount you can upvote your own posts and also what you can earn by delegating to those who want to upvote their own posts. Of course it's problematic, but it is genuinely the most likely thing to lead to most people being willing to make the investment in this coin when they could instead buy Tezos and stake it for passive returns.