I did stake my pal coin. But I do not think I will be voting over there or logging in much. Too confusing and I am already working on curation issues on steem. I've recently more than doubled my daily curation revenue and I do not want to throw a new curve until I get this figured out.
I am now using the palnet tag on all my posts and will look at this again in a month. I'm getting 0-3 pals on my posts, so it is not worth my time to investigate. Lots of the same big guys on trending over there, so I really don't feel like watching the rich get richer and getting depressed :(
I understand you very well @fitinfun, first off, I do not work for Palnet.io or any of their partners or anything like that, so what I am going to say is from a commoners view point. I read their whitepaper and saw the people behind it are great develops that have been making things happen on Steem with services and projects offered for a long time. So when this one came on board I quickly jumped on it because I am looking at the future of the project and not the current challenges they are facing because my belief in their capacity is the they can overcome those challenges and they have been shown to be doing.
What is required is patience and support. I claimed 405 PAL and staked it but when I gave 100% upvote I didn't see any change. Lol. I have been buying little by little as my payout comes in, I got additional 1200+ which I bought in the range of 0.05 to 0.061 but the good thing is that it is now trading at 0.17211. Whether it goes lower or higher is not a bother to me because I'll continue buying and staking them until I probably get to 10000. I initially targeted 2500 which was the max anybody could claim but as I approached that target I moved it to 5000 but now I think buying up the way to10000 at this early stage. I ain't got the money to do a one time purchase but the little that comes i continue to buy. If someday the price goes up to 0.5 to 1 Steem, i'll know I made the right choice. It is as if we all started at the beginning, some sold their PAL, some Claimed it, some claimed and staked it while some bought more. The decisions we are taking today will determine our influence on palnet.io as we move along.
As regards the same guys trending with big PAL pay, I think it is only logical, people want to have a piece of the pie as regards the 50% curation. Members that have staked their token look for members who have also staked their own token and are upvoting them because their own stake helps the earn more PAL from other members who staked theirs too and have the potentials of earning higher rewards.
Using the tag #palnet I don't think will hurt, decimalization is coming soon so your 0 to 3 PAL will see more additions and most importantly, if prices go up, it will add up to something meaningful. Remember, it is like additional freebies added to your Steem earnings. Cheers.
I found out elsewhere that a 100% vote with a stake of 1600-2000 pal gets 1 pal. I live off the STEEM I take out of here weekly, so I will not be buying any pal. I am looking at this as a little bonus. Keyword - little, lol.