The EIP will create incentives that are likely to increase both bid not usage and delegations to bid bots.
I believe the EIP could be fixed in that respect (while also attenuating part of the negative impact of some of the measures on new users and the potential to onboard new content creators) with a few simple changes, most described here.
One simple change missing, I think, is bringing down the dust level treshold from $0.020 (after curration) to $0.007 (or less).
I feel that without these fixes, the EIP lacks any kind of holistic attributes, and simple simulations will show the insentives created by the EIP will:
- Hinder onboarding and with it ecconomic growth.
- Increase bid not usage
- Increase delegations to bid bots
Dear @pibara
Thank you for accepting my invitation.
I realized just now that I never actually thanked you for your amazing comment. I appreciate your time :)
Have a great monday.
Piotr