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RE: Hive Value Props

in #hive4 years ago

I just thought of something. What about defi curation? People stake to a pool in which curators can access (can get blacklisted if they abuse) and stakers can earn passive income by staking to these curation pools. I need to game theory it more but wanted to put it out there incase I forget the idea.

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I'm working on such a project. A curation account as a tokenized asset. People contribute with liquid hive that is powered up. Investors get tokens according to the invested amount. The value of the token is defined by the hive power of the account divided by the number of tokens in circulation. A market maker ensures the liquididty of the token.

The account generates income through curation rewards that is powered up and hence increases the value of each token. Investors can participate in the curation return just by holding the token. No need to power up or down.

Reach out to me this sounds awesome. Maybe I can help

That would be an interesting use case for sure and if planned well, should remove a lot of the potential for abuse that bidbots brought.

In a way current curation system is similar to that. The difference is you are talking about a single curation pool, vs. current model of multiple curation projects where indiduals delegate.

DLease does that in a centralized manner. Of course, delegating requires powering up and locking up one's stake for 13 weeks.

In steem I made a test of Defi curation where I gave a return to users who delegated us in @votovzla, we can say that several people liked the idea.

Those who delegated received a share of our profits or ultimatives from our curations and income from other activities.

We stopped doing this because Hive came along and we are discussing how we can improve the idea or abandon it.

Great idea @theycallmedan! But I think that everyone can become their own curation pool by borrowing hp on https://hive.dlease.io/market and then just have their own curation bot running or sign up to a curation trail on hive.vote that gives a higher APY than the HP loan they took out on dlease.io. On the other hand, the community leaders with tons of followers could also have a delegation pool system kind of like tipu and pay the delegators daily with HIVE tokens and/or other hive-engine tokens.

Also, I wish that hive.vote would actually list and rank all the curation trails by their efficiency and APY. Would help a great deal. This way, whales could power up their Hive tokens and sign up to a trail of their choosing (or several trails and weigh them accordingly) and use their Hive accounts as high APY savings/investment accounts, which they already do I assume. But this whole system needs to become easier to understand and more user friendly for the new and smaller accounts.

That is exactly what @curangel does if I'm not mistaken. You delegate to the account instead of staking to a pool, but same thing.