It would be an elimination of all curation rewards.
OK. Then it's a no-go for me. See my response to biophil.
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It would be an elimination of all curation rewards.
OK. Then it's a no-go for me. See my response to biophil.
I agree with @ats-david. Getting rid of curation rewards is a bad idea. It will kill off a large incentive to power up. But perhaps we can settle on a middle point for your idea. Rather than all the curation rewards going to interest payments for investors, maybe a percentage of curation rewards can be allocated to investors instead. I.e. Whales above 250MV would be paid interest proportional to their vests, and that has the benefit of them not having to actively curate but still receiving interest on their investment. This figure should be similar to what they would have received if they curated. Whereas curation rewards would still be paid to those with holdings below 250MV.
In this scenario, curation rewards would still be distributed similar to what it is now, but dolphins and minnows would have greater voting power, and would be incentivised to powerup more.
I could be on board with this as well. There's no reason the diverted curation rewards would have to goto accounts with >250MV, they could go to everyone.
I still want to see curation rewards removed though - or at very least replaced with a better system.
Right now, the curation rewards are only paid to the accounts that are actively curating. If the curation rewards for accounts above 250 MV were split among everyone with that much SP (without needing to curate), they would be a lot lower than someone could get for actively curating. There would still be an incentive for a whale to split their voting power into smaller accounts and actively vote.
Maybe the active curation should be twice or 50 percent more then the passive investors.
All the whales don't use all voting power do they? They leave some on the table. Those leaving money on table now would likely like the passive option.
Most whales use bot to curate so I'm not sure if this is really a benefit.. In my case I would probably split my accounts into 2 and chose curation rewards over this because I would earn more with an efficient bot than curation rewards given as inflation.
Perfect!