Do you mean less rewards for authors in case they set 50% ? Authors are already sharing 50% with curators, why they need to share an other 10% as a tax, that will not motivate people to create. The tax or the fee should be only for power down, not from the hard work of authors who already earn only during 7 days and if their content is not noticed, they will not earn at all.
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Yes, less if they set 50% liquid payout. Or said in another way: That they don't pay the tax that @theycallmedan is proposing if they choose 100% power up.
Are there any creators on Hive right now that would make $100 per month anywhere else on the web with the amount of views that their content gets? My impression is that we are paying creators many times more than what their effort to attract views and engagement deserves.
We desperately need more platform economic models to help people monetize their following, engagement, views and contribution outside of the reward pool.
I don't view the tokens creators get from inflation as a reward mechanism, I view it as a mechanism to decentralized Hive by making users co-owners in the blockchain and thus get a say. Keep in mind that with this proposal, authors who choose to continuously power up their author rewards would be earning more and more "passive income" from the distributed tax.
So no, I don't think this would take anything away from anyone who deserves anything. Rather, it will give more to those who do.