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RE: Can We Please Not Use Hive Reward Pool For Another HBD Stabilization Attempt?

in LeoFinance3 years ago

I love the enthusiasm of large stakeholder and participation in voting. I would rather see those votes go to real author posts. We need authors making hundreds of dollars if not thousands in trending. But having project funding auto posts being at the top just defeats the purpose.

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It's my perception that many of those involved are not big supporters of the content rewards being on layer 1. (Hive).

Hive as Gas/gov token would work, but at the current stage, it doesn't.

Posted Using LeoFinance Beta

I agree it isn't time yet to remove incentives to hold Hive although I am not opposed in the future.

For now, I recommend being polite in stating your views.
You can downvote the posts.
You can unvote or not support those in charge or contributing to posts.

At the end of the day DPOS the large stakeholders decide how to steer the project and others have a choice to invest time and money on the platform or not. That's the beautiful and sometimes frustrating part of decentralization managed by Stake.

full agree.

But tell someone their own opinion about things is also necessary. Otherwise, we would never discuss things.

Which is good too. I think we should remove the Hive rewards pool from rewarding content too. We can create another coin for that.

That's why I have been telling stakeholders how awesome Leofinance is. It doesn't rely on Hive reward pool. It has shown how rewards don't have to be distributed from the core blockchain coin.

In fact, Leofinance does a better job in rewarding content and curation.

I'm not opposed to moving in this direction, but for now Hive needs to keep whatever incentives there are for people to hold.

without rewards the revenue plan for Hive becomes... Resource credits, which requires traffic. :)