If an account sells any of their earnings they have less overall power in terms of the % owned.
If you have 1mil hp, earn 100k hp in a year, sell 50k in the year, you have less % of the overall hp now. The only way to not lose % is to keep powered up.
Over time everyone who sells gets diluted slowly.
In year 5 you might have .5% of total hp and selling some now in year 6 you have .485% of total hp. In year 10 you might have .42%
The inflation is too slow to correct for the initial distribution, so the inflation being higher could fix that problem, while also keeping the price low so that people dont make too much on over voted posts
Ah, thought you were talking about selling votes off-chain. It'd only be the author diluting himself in that case while the voter earngs more, content wouldn't be fairly rewarded in terms of pob and that's another reason why downvotes are needed.
I think we could fix most of hives issues in a year or two if the inflation was raised, even if temporary, with an emphasis on smaller accounts being able to get a bonus when voted on. This would require some sort of snapshot and a master list compiled so that it only gave the bonus to real people who are currently posting
Yeah it's too complicated for implementation probably, one can dream
Well, anyone who votes dilutes their % when they sell the earnings, or if someone never votes their stake is diluted each year due to inflation as well.
To keep .5% of total hp, an account would have to never sell. Anytime they sell anything the % goes down. It does take a lot longer that way to dilute of course.