You are viewing a single comment's thread from:

RE: Liquified risk and reward

in LeoFinance4 years ago

Liquification of rewards means it can be sold on payout, normally curation is given as HP and one has to power down. So it's a short term outlook. A solution could be an option to send it as vested.
Higher curation % means less % is going to the author. If the goal of curangel is to help authors, this is a contradiction.
It incentivizes voting with is inorganic. This applies to SBI. Quality is difficult enough to judge as it is without all the incentivized rewarding going on.

Are these problems? They can be if misused a lot (I don't want to elaborate). Besides, we have downvoting if they become problems.

Sort:  

there are many reasons that people have to push against these things, but there are also many reasons to experiment in different ways and see what comes of it.

It incentivizes voting with is inorganic.

I think that if people are active, it might actually encourage organic voting more. This could be tweaked in several ways by for example changing the way it distributes, rather than just following the reverse auction and stacking effects.

It can also encourage other organic activity such as engagement, etc. Nothing is simple. All of it has to be judged case by case and unless it is overwhelmlingf negative and cannot be controlled (bid bots before free downvotes), I tend to think it's good.
I'm trying to think of the bad, not my actual opinion.

The vast majority of curation rewards will still be in the form of vested HP. Authors who want “fast cash” are probably already choosing 50/50.

For what it’s worth, I’m for now leaving @reward.app at the 4% default and plan to power up something like 90% of any liquid rewards I get. I’m here for the long haul.

I think many people are doing what you do, except those who aren't. We cannot assume any of it is abuse or bad, most of it probably is just fine or good. Giving 4% extra curation is a nice gesture. I like the diversity all these options allow for.

I want to try using rewarding.app, especially for moly posts that are lower effort (things like ask hive where others put in a lot of effort, too~ or single photo posts that take less than 30 minutes to put together).

Thank you for your engagement on this post, you have recieved ENGAGE tokens.

again the problem is, only a limited number of people downvote. those who does at at their limit... this just adds work.

I do wish there were ways to delegate just for the purpose of downvoting (separate the 2 types). This would be the ultimate solution.

This would indeed be nice.