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RE: Dissecting Tokenomics and Game Theory

in Hive Governance10 months ago

The lock content is an idea but one I feel wont do anything. Instead it just adds yet another layer of complexity and understanding to hive. Not sure how to bring Hive real value besides offering a higher APR on it but more over giving people a reason to hold it. One would think giving more towards curation over author or the other way around would be a good idea but that's been proven bad idea before so the 50/50 current setup makes the most sense so no adjustment there.

The real question is what do we have to do or build to make hive valuable. Why would you want hive and to hold on to it. Well the biggest things at first would be decent APR which is very low right now but you also want people voting on valued content. Issue there is 95% of people don't really care to read posts and truly vote up valued content. They simply just vote on what's under 24 hours and has a decent payout so far because they will earn more curation rewards for doing so with very little effort.

Until Hive can answer why someone would want to hold on to and own some hive it's going to have major issues with growth and holding value. Hive is currently looked at as a social platform to post threads and articles and get paid for doing so. Thus a cashing out mindset. Either that mindset needs to be adjusted or you need to build applications that bring value as to why you would want to own and hold more hive.

So perhaps with what you said above with the locking. An idea of locking of 100% means you get total payout but it all gets locked up into powered up hive after 7 days.

or

80/20 split if you choose to now power all of it up after a weeks payout on the article. That means 80% gets paid out to you in a 40/40 split 40% powered up and 40% liquid like we see now and 20% gets burned. Thus incentivizing people to want to fully power up their article rewards and being rewarded a little extra for doing so since they are committing to a 13 week unlocking period of which a partial of it could be unlocked through power down per week.

For search terms
Stablecoin APR ( Is 10 searches per month)
and best stablecoin APR is roughly the same if not a little less.
There's no real traffic there people really are not searching this stuff.