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RE: Enter a whale's mind

in #steem7 years ago (edited)

Self voting is another issue and I don't think services like blocktrades will increase self voting. If people want to self vote they can just buy SP and do it.
The thing I want to solve is curation incentives so that people stop voting for the same authors over and over again and starts supporting new authors. Vote diversification basically.
My suggestion with curation percentage would actually discourage self voting as people could earn very significant rewards by voting other people. The reason people self vote is because curation is not really profitable anymore, currently there is a huge gap between rewards you get from curating and those you get from self voting.

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Self voting is another issue and I don't think services like blocktrades will increase self voting

I disagree and made a post about it:

https://steemit.com/steem/@onthewayout/why-steem-power-delegation-services-are-bad

I am with you on the gap between curation and self voting.

I didn't know that @blocktrades's service is only profitable if you upvote yourself, you did a great analysis. I've resteemed your post.
Also I'm pretty sure @blocktrades started this service because like everyone else he thought curating was not worth it any more, he used to curate great content. The change to 25/75 was detrimental imo.

Your idea in regard to curation percentage is a very interesting one.

@abit is making 200 SBDs a week more in curation rewards, than @snowflake made selling his vote to @minnowbooster - this is great news for the platform imo!

"Self voting is another issue and I don't think services like blocktrades will increase self voting. If people want to self vote they can just buy SP and do it."

Lessors will always be able to sell their delegated SP for cheaper than it is for the lessee to buy it outright themselves. Otherwise there would be no reason for anyone to lease out their SP reserves.