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RE: Understanding Steem's Economic Flaw, Its Effects on the Network, and How to Fix It.

in #steem6 years ago

Hi Kevin, short term I also support your ideas. Lift curation rewards to 75%, then there is no need to sell your vote or delegate to bidbots.

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I think changing only the curation rewards to 75% is in effect the same as what we have now at 25%. There's a symmetry. For example, 0% curation rewards is in effect the same as if we use 100% curation rewards. When it's 0% curation rewards, users will highly likely farm their own posts only, which is the same as if there's 100% curation rewards. It boils down to what the inflation is being used for. That's why we chose 50% curation rewards as one part of the proposal.