Draft because I will bring this topic only as a debate. I'm using the LEO tag also because it's something that affects the tribe's economy, so I believe it fits the theme, since I'm going to address the POB theme, but it can be used in other tribes as well, modifying the values here presented.
As this is a draft, nothing here is definitive, and everything can be changed according to the comments, leaving the idea started crossed out and the new writing.
Maximum reward
I want to treat the topic maximum reward as a value as being the ceiling for a publication to be of value.
"What do you mean? Do you want to impose how much a publication can or cannot receive?"
No. I think more of a figurative value that the community understands as a "spending ceiling".
Since currency issuance causes inflation (a priori, obviously there are many other factors), trying to reduce its issuance may be something to combat this problem.
"So if you don't have to, what good is it?"
Let's go to practical examples, as this makes viewing easier.
The value has to be something that doesn't affect content creators too much so as not to discourage them from continuing, but neither does its implementation make a difference.
In POB I see this value as 200 POB.
Very few publications manage to exceed this value, and when they do, they don't go much further. What I believe that this cut would not make so much difference to the author, thus not discouraging him to continue writing.
I thought it was a small portion of publications that reached above 200 POB, but @onealfa.pob brought the following image in the comments, showing that there is a small group that is always above this ceiling
Click on image to check in larger size
"But if it's not going to impose a limit, how would it be resolved?"
I can see in two ways.
One of them is the curation look. As a curator, when I see a publication that has already reached this value, I don't vote for it, and I try to spread my vote for other posts, thus diversifying the authors that will be part of the pool.
The other is positive Downvote. When seeing that a post exceeded this value, people could perform a Downvote so that it goes back to 200 giving a functionality for the Downvote that does not generate hate or retaliation.
Obviously this value of 200 could be replaced by any other value you find better in the comments.
The thing is, people will always find a way to go around. You put 200 per post, they will write 2 posts per day, and still get the 400 they got now for a post. We need a better, more elegant solution. And not to forget, most of us are here for the money, and few of us are here for the fun and community.
Maybe a limit per user, from the other user curation, let's say monthly or weekly. like no more than X where X it is an acceptable majority voted value.
Maybe a limit per user, from the other user curation, let's say monthly or weekly. like no more than X where X it is an acceptable majority voted value.
Hey bro, I thought the initiative to address this topic was cool, and from what I read in the comments it generated a lot of engagement.
But, I completely disagree with a maximum value, in my opinion this would distort the perception of value about the token and the act of curating and authoring itself in a negative way, generating more problems arising from the distortion of supply and demand.
One thing we've learned in failed economies is that the more rules are enforced, the closer that economy tends to collapse.
Sounds truthful.
In general, I don't like such limiting rules either.
But, I just can not find what other solution could be effective against a malicious circle-jerk voting. Like the "circle" of lucylin-calumam-frot-richardcrill.
Especially in a situation, when even tribe's founder/owner is actively supporting it, and we are all limited to ONLY ONE full downvote per day.
How about you post one of those pictures of my pob voting trail?
Just who am I voting for again?
https://peakd.com/me/dashboard
thanks for being my number one fan!
I wonder how many of my 10 bots are up there too, I upvote comments but only with my main account.
In the back of my head with my current amount of Hive power I'm trying to buy everyone coffee everyday.
@darkflame and me have always treated this place like a coffee club and the goal is to get 1 upvote to be the cost of your coffee for the day.
That way we aren't aiming for minimum wage like some of the witnesses who want to live of the HDF.
Wow, I also have 10 accounts doing autovoting, while I manually vote on this one, and a rep of 69 too... odd huh?
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Protectionist mindstates are not my cup of tea either.
I voted no on both of the Downvote proposals.
I also see things as black and white, and detest the mediation and middle ground ideology where everyone has to make a sacrifice, may as well quit and start their own communities without the socialism.
I would have a lot more POB if it wasn't for this debate, I was going to try to match you @onealfa.pob but that idea was dead on arrival as soon as I heard my downvoted would be moderated.
I understand your frustration and would be livid if I had not sold any POB, as well as bought more.
I don't think it would work either, but I was fascinated by the concept though. I couldn't help but read on. I agree with your other points too.
You guys should make me understand why one content cannot have more than 200POB
I mean those who vote see it deserving, don't they?
Most of us don't vote based on rewards, we vote posts we have read and found it valuable
Also, I thought, the reason most posts gets more than enough votes is so that it can trend for more views on that particular post, probably, because of the message embedded in the article... I'm I wrong?
Wrong!
Because so many voting don't see that post at all ! Never!
Because the UV's goes out automatic, in whale's autovoting bots.
If you look closer, you will find that 90% of the low end upvoters brings only ~5% of the total reward.
At the same time 3-4 top whales bring 90-95% of all those massive rewards
And Most of that - in the autovoting mode, without even seing or reading the post.
Is this so hard to see and understand ???
Do you even know how and where to look, to find out how much and by whom each upvote has contributed?
Oh I understand that not everyone reads around here
And that most authors get rewarded by bots
Now, because of the privileges of being upvotes by the bots, some authors reduce their efforts to create deserving posts
They just churn out whatever they like, knowing that the bots will always serve them their rewards
For this folks, I think they deserve a DV
However, if there is an author who puts in the desire effort to come up with creative, educating, and thought-provoking articles, I think, he or she should be allowed to have his or her rewards even if its more than 200POB
question, where do I check if I want to see who one use votes and curate for one week or month interval? is that even possible in hive?
Please try and check out my opinion below @onealfa.pob
Still? I thought we were supposed to stop autovoting?
Yes, it is hard to see but not hard to understand.
It is difficult to easily see quickly how and when each person votes and how much they contribute without using queries. Speaking for many, we don't know.
200 is nice to get. I usually get less (but sometimes get more). It wouldn't bother me any if this was imposed, but I am not one to want to mess with the way things are. That said, if it becomes part of the culture I am quite alright with it... and I tend to vote that way already (but at 300).
My own personal opinion is to let the coins fall where the stake decides to put it... I also think your idea is not a bad one and I encourage you to run with it and see where it goes.
It's a topic that I brought up for debate, I don't know how it would be adhered to, I'm lately thinking about several situations to bring to the debate
It is a good discussion to have. Well done.
We are in the early days of POB, and our annual inflation over the year coming will be in the hundreds of percent! This is the journey BTC took. Although percentage wise Inflation is reducing, absolute inflation will be constant until the first halvening.
I don't think it should be up to us to limit the amount an author gets. It smacks of income limiting. Is the post worth my vote or and how much of it? That is where my thought process ends. It wont bother me whether you get more than $30 for this post.
i think there should be a way to reward writers i mean a fix reward for every content writer,but getting rids of fake and abusive content is necessary so i think this is where down vote is important, but i suggest that downvote should not reduce the reward but rather give signal to the admin to review the post and now judge the content if it is worthy of reward
I'm strongly agreed with you opinion especially those post that is creative and education it is never easy to write a post and you just see that the end of the day you end up with nothing ..that is not coursing at all
yes boss it is very discouraging,even before i write any post i do think twice but i just hope i see reward , but once there is fix reward for writers people will be ready and be willing to write any time
I like this!
At least first small steps against circle-jerkers. Count on my support on this route.
Are you serious? Very few? Don't go much further?
How about this:
[click for full size]
Only those posts above 230+ POB has been selected.
200+ POB they get on 95+% of their posts, no matter what's inside the post itself.
Thanks for this important comment, I think that if we started talking about highly valued publications without offering truly valuable content, we would fall into the same old thing.
I thought it was much less, it is in fact I was wrong
Get clarification on voting rules first. Trost's method of voting didn't work out as I don't believe 50% staked votes were even met.
Look. I like your draft. It's definitely not a method I've seen proposed yet in detail. I'd love to see one. Can you please also provide examples of what you feel are over-rewarded articles?
Honestly, I know it's putting you on the spot, but the biggest problem of these "over-rewarded" articles is a serious lack of objectivity. You read arguments about how:
I agree we need something in place, but we need the community to get behind it.
Thanks you for your time.
I used the term draft, as I still don't have a ready opinion on the subject, I believe the comments here can help me form an opinion. I don't know if limiting rewards is the right way. I could be completely wrong.
The idea came to my mind when I was re-reading a bill in Brazil called "Spending ceiling" that was used to limit a ceiling for public servants of 40 minimum wages as the highest salary to be paid.
Obviously there were loopholes, the judiciary received this ceiling as a payroll, but there are judges who receive up to 1,000 minimum wages per month using the excuse that this extra does not count as salary because they are necessary assistance such as: housing assistance, paleto assistance, sickness allowance (in case you get sick), and several other reasons they find to supplement their income.
Well, you should continue to refine it. You're not going to find all the loop holes. Payout limits. Not something I thought of myself. Looking forward to seeing the rest of the engagement in this post.
Must be my computer. I couldn't see anything. I'll try somewhere else.
Nope couldn't see it, but I did see the rewards. I tried ecency and peakd. Oh, those were only two authors?
He blurred the names of publications, presumably so there would be no retaliation, and left only the values showing.
Oh. I thought it was me lol
And here comes a small contest.
Be the first to guess who exactly were these two authors, (Author #1 and Author #2) in my screenshot above, and each right answer I will reward with 10 staked POB's. Let community know it's "heroes". :)
The two authors are myself, @calumam, and @lucylin.
For an example of an adequately rewarded post, please refer to the following link: an adequately rewarded post. 138'ish words
Only 0.64 pob/word? How unfortunate !
Compare to this
https://www.proofofbrain.io/hive-150329/@calumam/the-trip-of-life
BTW, why do you not downvoted then?
I think the rewards for both our posts are relatively similar in terms of takeaway author rewards since I added a 50% beneficiary for @pob-fund.
Still, we're back to the matter of "what is deemed as over-rewarded?" and I did touch on that within the post you shared, highlighting that we can't read minds, so we cannot truly say what value it brings to others.
@scholaris used the metric of word count there to determine what is over-rewarded, but as you know with photography posts, that isn't always a good metric to use.
also, adequate;
Ugh I know. Word count works for some things, horrible for others. It's almost like we need an arsenal to address every angle.
I couldn't DV your article if I wanted to:
The article you cite presents an interesting conundrum. I don't know how to proceed. While 50% of the beneficiary goes to the POB fund, currently about 100 goes to the author. Funds going to the POB fund doesn't shield from the appearance.
I still like this article though. I've never read about payout limits. I'm going to take your idea and expand upon it. Instead of two authors, I'm going to do a wide range of people top-down. Ask the community to discuss. We need to narrow down the subjectivity of this rewards nonsense.
Everyone needs to get on a similar page so we can just focus on damn content creation.
Although I understand your idea, I don't like the Downvote part.
I also don't see a problem if a publication goes above 300 POB or more. If she deserved it and was truly worthy. Someone will not always win this.
So limiting how much a person earns is boring and I would be discouraged from continuing to write as they put a limit. And remembering that POB along with VIBES are one of the few tribes that few tokens have in circulation from large and well-known communities...
Taking advantage of the fact that @onealfa.pob is in the comments would be something contrary to the maximum vote he gives, for example, in LEO and which does not repeat more than 1x per month for the same user.
So writing, studying and putting together a nice post to be limited? This is boring.
Now I agree with the issue of many other posts being above this limit equal to the same @onealfa.pob posted. And simply when the content is very generic or being favored always the same... Unfortunately this happens.
That's why a few days ago I put up this proposal for curating posts that bring some kind of involvement and contest to the POB and that it's like a real POB. HERE.
As for the price, it is the market trend. The POB just adjusted its values that before were mere speculation. As long as there is a lack of real projects and causes for the tribe, we will not see values as high as before. Only if a whale decides to take an interest as it used to. But it will be soon.
I appreciate your concerns regarding inflation and suggestions to carry out a more pulled back approach with curation in the community. I don't think capping rewards at any number would be a good idea. I have some reasons and more to say and I don't usually shy away writing essay kind of comments 😅 But since this has came up in a few threads several times before and is something relevant to the whole community, I will write a post. 🧐
Also there must be clear understanding of the proposal drafted,
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Thanks for this important topic the truth is that i don't really think it is better to write post. Cos the reward some people get does not usually correlate with effort spent in typing the post. I once discuss with someone who told me he loves posting but each time he post he always feel discourage and embarrassed because of the reward he do get from posting.
I have see a post today that someone post error and yet the person got 10pob just because of autovoting. I am even surprise that some that have high voting power still vote the content and this is the reason why i don't think autovoting is right. Check the post here to see reason why i think auto voting is wrong as well. Now compare it to a post like this having 1.54 pob. Tell me how do you expect someone like this to think of posting a meaningful post next time?
@vempromundo i second your opinion and i think something has to be done regarding this. I wish this my message can be sent to every other person as well.
Honestly the community can be discouraging to some creative writer.
Thanks for the words and for the alert, I already left a negative vote and a comment, to correct the rewards and obviously I supported the publication of @abimbola753, an excellent user of the community and regular of PobTalk
Whenever you see a post that the rewards are out of step, don't hesitate to tag me or even @onealfa.pob in it so we can fix it
Interesting proposal idea. We're definitely seeing a 150-200 POB baseline for the higher end posts at the moment, but that too will drop over time as more tokens are realised into the community. This highlights the need for some form of scaling basis if the limit was taken on board.
We're always going to fall into pitfalls if we look back at reward allocation from the past and compare it to the present (I recall yourself and madstacks having large rewards in the early days quite frequently and fortunately you're still around in the community), although it is important for us to weigh up multiple factors if we are going to judge based on post rewards alone.
Discussion about over-rewarded posts and what constitutes that is a good step forward. I think this was needed prior to @trostparadox's proposal about downvoting because it was an unanswered question that left some uncertainty in the air.
I agree, I made a similar suggestion years ago on Steemit. I would also suggest auto staking some of the earned POB when paying out. Auto stake will help with keeping POB off the sales market.
I think it's a good idea to set a max on rewards. It's fair to get rewards based on content, not on the number of followers or people that upvote you.
I also think it would be better when this will be handled technically instead of by the community via downvotes or better vote distribution. Stimulating better vote distribution is good, but won't solve the problem because of autovoting and voting trails. Downvoting when it is a quality post doesn't feel very well.
Isn't there a way to technically implement a ceiling?
While I completely agree that some people getting such high rewards everytime on their posts, no matter what they post, is wrong.
One day I was just going through the trending posts and trying to analyze what's in it that they are getting such heavy rewards and honestly, found some of them to be really absurd. I mean where I would not want to upvote at all. Again, that's a very subjective matter and I don't intend to disrespect either the author or the curators but we got to value the content that adds the most value.
That being said, I don't think capping is a really good idea because that would take away the charm of getting great upvotes. If I know the max I can get is this much, I would not put additional effort to get more. Some of us work really hard to get good upvotes and it's a great feeling to get a +100 POB upvote occasionally. And then the upvote value goes up to +150 sometimes. And it's so good to see that value rising. But if there's a cap on it, as an author, it would demotivate me to deliver good quality content.
it is an interesting idea I liked it and vote for it
I didn't even see this post, I vote no to ceiling
Hello everyone, I want to suggest that the maximum reward should be considered in USD fiat currency, not on POB. I wish POB reach $1 but what if it stays around 0.1 or 0.2$. Then you think 200 POB is very much amount. We can see Posts upto 100$ on hive and trending page. The community can decide the maximum amount, 50 or 100$ but my concern is it should be in usd. We don't know how pob price gonna change, so judging the amount of POB on a post is not fair. I also request the POB developers to add a option of displaying authors rewards in USD and POB both as we have in Leofinance. It's just my point of view, what say friends?
I strongly against measuring the limit in FIAT. Only in POB makes sense.
It is FAIR. And here is why.
I do not care at all, how many USD somebody on POB tribe will gain. The same way how I don't care (or envy), how many fiat dollars gain every day Elon Musk or Jeff Bezos.
According to POB algorithm, every day (24h) a 7200 new POB tokens are issued (24 x 6 x 50). This will stay so the next 3.5 years.
If calumam and lucylin together takes 10% of it (300+400) - does it seem fair to you ??? What if they start to post more than once a day? With enough support of their allies whales, they could reach even 20% or more.
How the newcomers to this tribe will feel seeing this ? Do you want this?
Reward pool is measured in POB. And the limit (if it will take place) should be measured also in POB
That's true, 👍. Over all it is a good proposal. We still though need to consider every aspect. It's a nice start to come up with draft and taking consideration from the community. It is a win win for all. It should be welcomed by the community, I am positive. 😊