I completely agree!
I especially liked the idea of reordering the promoted tab based on a weighted algorithm. You could also combine this with the trending and/or hot tabs, where the chance and position of a promoted post appearing is weighted by it's price.
I also like the idea of the amount paid being eaten away. This might also mean lower quality content wouldn't get as good of a return, since they would have a lower view to upvote ratio.
I actually had the same idea of promoted posts on the side. Perhaps auto-scrolling. It might be a bit redudent, but it highly increases the chance a promoted post would be read. This would almost requires your post randomization idea though, so it wouldn't always be the same posts on the side.
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Yeah, I think we will have to have some sort of weighted rotation when the posts appear on the sides and in the hot/trending sections. Otherwise it will just be the same top post every time... Thanks for the comment!