By the way @josephsavage...i checked your account also, and saw that you would lose in this proposal. I was confused (temporarily) why you would be so passionate about this change that would put you in the red.
just checked steemworld and saw just how much you stand to make with these changes on all the @steembasicincome accounts.
I am no longer confused.
Wow. Just.... Wow.
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Curation rewards earned by @steembasicincome accounts pass through directly to members. Did you also look at the upvote distribution while you were checking the curation earnings? We have delivered more than 700,000 total upvotes... 3471 in the last week.
I am opposed to the EIP, and have publicly posted that on my own profile and on the @steembasicincome explanations of EIP impact.
I do think that 50/50 curation will be better for content creators, and I'm on the record saying that at least 18 months ago, long before @steembasicincome was earning much in the way of curation rewards. Even before I started @steembasicincome, I started with a curation digest that rewarded curators much more than featured authors... also to incentivize curation.
@steembasicincome is a curation initiative that shifts the emphasis from curating content to curating accounts (via sponsorship for dedicated stake). It has always been 50/50, as each time you curate an account (by sponsoring it for SBI) you are enrolled for the same level of SBI support. The success of the model shows that people are more than happy to curate at 50/50...
Good curation results in better rewards for high quality content. In spite of the other EIP components that I think are very problematic, I expect to see a long-term equilibrium where higher curation rewards results in a much higher maximum payout norm on organically curated content.
My passion for 50/50 is because I think getting curation rewards right will attract more organic curators, make it easier for quality content creators to get organic rewards, and result in dramatic long-term price increases. I stand to gain a lot more from long-term STEEM price gains than from a little more curation income... especially since that extra curation income passes through to SBI members.
Awesome! When you start making twice as much curation - everyone's votes should increase too! Cuz you'll have all that more to give back to the community!!!
yay steem!
Yes, that is a very brief summary of what I just said.... and what we published in our analysis of 50/50's impact on Steem Basic Income:
https://steempeak.com/hf21/@steembasicincome/sbi-in-an-hf21-world-part-1-50-50-rewards