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RE: LeoThread 2024-03-22 17:20

in LeoFinance7 months ago

Here's an "RC menu", just switch from nodes to RC view. However, delegating like 10 HP should be sufficient for any real user. 150 HP could keep a spambot !rewarding you with all those virtual beers, wines, joints and so forever.

https://beacon.peakd.com

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I don't want to delegate HP. That's a waste of my HP and they should be either buying that or earning it. I delegated 150 billion RC, and kept my HP. I have no clue why people are still delegating HP for these purposes.

I actually do that occasionally. It feels good when you can earn a little bit of curation rewards and hooks you to the ecosystem. Besided, as I believe, it is the purpose of HP. Just about 100 HP works for that. True, I usually delegate that to my fellow-countrymen that blog in Czech and have no ambition to go international.

More productive feedback loop is to keep your HP and vote for them so they earn. That way you're able to provide what they earn without decreasing what you give. End result is still them being able to earn curation rewards, eventually.

Yep, but that takes a week :) Many people are not that patient ;) Besides, I don't really mind sharing a bit of my HP, however stupid it is.

10k scattered HP isn't as effective as 10k contained HP. Take Leo.voter outgoing HP delegations as example. Look how many of those accounts aren't even active. Wasted HP.

do you have any data to back this claim?

Genuinely curious because we have a script that undelegates based on activity

So if you’re making a factual claim, I would look into it

Looking at that account as an example, you'll find several accounts with 10 HP and no activity. Scaled up across the entirety of Hive, you'll find several instances of inactive HP. Good you have a timer. Others don't and it sits idle.#fact

I've stated on a few occasions delegations should automatically expire after 12 months, similar to witness votes. People lose keys or pass away while others enjoy the benefits of their stake. I see this as a problem.

The point I'm trying to make in this thread is even you folks would be better off delegating RC and maintaining control of your HP. Especially since it's the RC they need and the RC is the reason you delegate. HP delegation is money wasted.

Everything I'm saying stems from observing reality. Using my brain to collect data. By clicking on accounts at random I discovered many were inactive, therefore that HP is standing idle and will remain that way until changes go into effect.

Statistically speaking, some of that HP is standing idle or ineffective. Therefore the total HP delegated is not as effective as its true potential. Reality backs up my claim.

Following the context of this thread. If I delegate 100HP to 100, statistically speaking that 10k HP is less effective than if 1 controls it since some sits idle 100% of the time if 100 control it. Evidence of this claim has been provided.

HP sitting idle=wasted money. RC sitting idle=not wasted money. I have way more RC than I'll ever need but I'm shooting myself in the foot delegating HP to provide RC.

Also better for ecosystem if HP is purchased rather than given.

Context of this thread: In this scenario you'd have more HP to vote with, only provide HP @ no cost once they become active if you voted for their post; a post that can only happen with RC delegation 1st.
Cause and effect. Less waste. UC?

From business perspective, if people are using your money to create accounts but not using your products, your business is being used and their actions come at a cost to you. RC delegation naturally acts as a loss prevention mechanism.

My personal experience: I've been burned every time I've delegated HP to new members. They quit before the training wheels can come off or cash out the earnings taking advantage of the free transactions provided rather than powering up.

A few more clicks and I noticed leo.voter is delegating 10HP to active accounts with enough earned HP of their own. Also noticed a couple using delegated HP for wallet transactions and gaming only. This adds up and you're paying for it.

I suggest RC delegation and a script that pulls it once it detects HP in the wallet combined with a clear message that's what will happen when creating the account. Also make it clear free RC available for limited time only. Set a time.

Not saying it's stupid. If I delegate 100 to 100, all I've done is decreased my vote value and theirs are still hardly effective. Meanwhile RC sits there collecting dust. With that they can comment/post more, potentially earn more. #math

This individual already has a 15HP delegation and burned through the available RC in no time. Roughly 30 billion.

That's for my alt account (@actifit-godfish) with 100 delegated HP and like 40 own HP. I only use it to post Actifit reports; besides it follows my voting. It's basically unlimited: