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RE: 2 Year Anniversary - My Overview of Steemit as Well as Other Musings

in #steemit6 years ago

Halving curation rewards was a bad idea.
They should've stayed at 50:50.
Coinciding with the switch from quadratic to linear rewards (back then you could downvote a post by half with only 1/4 of the vote weight), then the SBD pump; all combined to make vote selling far more lucrative than actual curation.
Happily SMTs will let us experiment with lots of different models.

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I agree. I've even been in favour of 25% to the author and 75% to curators. Steemit caters to content creators too much. Consumers need incentives, as well.