You are viewing a single comment's thread from:

RE: the @hive.curation scheme

in #pob3 years ago

I'm not sure, never looked into them properly. Maybe @good-karma can give us some insight on that.

I'm assuming there's limits and it's not offering just self-votes back but also something that highlights your posts on their dapp as it goes through it. I also doubt the focus there is to maximize rewards for posts and returns for delegators where that's the main shtick here with hive.curation.

As you said yourself the 16% APR is too good to ignore, yet you ignore the effects it may have on the ecosystem or your investment in general compared to proper curation and distribution of inflation.

Sort:  

Delegation to @ecency gives Ecency points daily and we started to return all curation reward back to delegators because we mainly need delegation for onboarding people. Points have some use cases within Ecency where you can promote and boost content, tip others, etc. all reviewed and we do manually curation. We don't promote self voting or have any special rule for self voting. I will just mention @cwow2 so he sees as well. Also we will likely remove all this hassle once RC delegation is out so we can continue onboarding people...

Yeah I figured there's more to it than what was mentioned, the main drive for delegations being account credits is really good and I respect that, at the same time returning all curation rewards to delegators. Thanks for chiming in.

I understand how it works, I just have trouble seeing how thats different :D
I delegate to lots of different things including Ecency, but also Hive.curation.

Ecency never promises a vote, since all reviewed you might not get curated at all. Here from what I understand problem is automated self voting encouragement. Haven’t read in details just quickly skimmed through the post.

That is a good point.
Well its like self-voting since 20x is getting advetised for delegations above 5000k.

Under that you just get the hive curation but no vlotes

Also it may every promise a vote, but it can be a bit scruwed. I try to test this, where I boost different kind of posts and from what I can see, if a post doesn't have a picture then its not considered to be worthy.
But some of my actifit posts are worthy and I would say that a lot of my other posts are way more valuable that just actifit posts.

Oh I didn’t know that, me personally don’t mind if post doesn’t have any images, so that maybe personal preference of curator

I don't see a problem with, I just found it funny that they can get boosted my another more indepth / better post, didn't xD

Just a coincidence/random then, depending who checks that particular boost. Anyway, keep up the good work!

So if Hive.curation made a token on HE and you could exchange those tokens you earn via delegation for upvotes, then it would be ok and legit?

That just sounds like the same thing with a side token. There's no extra value being created or efforts being put into curation, etc.

Okay so thats the difference. So because of onboarding efforts from Ecency and Actifit and other added values to the Hive ecosystem, than that makes it okay to exchange points for upvotes or getting upvote just from using the app (actifit).

I'm unsure about actifit but ecency does place a lot of value on Hive with their dapp and like good-karma mentioned above the main point behind the delegations and point system is not to enrich or unfairly reward the delegators and their users compared to the rest of stakeholders.

I agree. Ecency is creating a lot of value for hive and I use their mobile exclusively.
I just think the margin is thin and tricky when it comes to stuff like this.

But I have undelegated 1k from Hive.curation now :)

Yeah but you must see that hive.curation does pretty much nothing but automate everything and collect a cut (most likely). That doesn't bring a lot of value to the ecosystem, if anything it takes value from other deserving authors since we share the same rewardpool and gives it back to those who delegate to it.

I don't know who he votes for or what the pattern is, but ye. I guess he doesn't spread it out to people who deserves it but keeps it in a small circle, I can imagine.

But the problem is not being value to the ecosystem. Thats the cut off point-.

@cwow2, I'm asking myself the same question.
I don't know about actifit but I can't see how using ecency points to boost your own post with an upvote up to $3.17 is different than what hive.curation does.
I have no take in either by the way, just trying to understand why one is ok, but not the other.

My understanding from this post is that the main problem is self voting, whatever way it happens, no?
Well, personally I never do it simply because it doesn't make sense to me and is unfair to everybody else. However, the authors of most of the posts I read and upvote do it. I've also actually noticed a few influential people on Hive doing it. One of them was actually mentioned and commented on this post.... I find it a bit ironic to point the fingers on one side at the little guys but let it go on the other because it's a friend or someone who's doing a lot for the community.... we should all be equal, no?

Well. Your self-upvote is 1-1 equal to your HP stake. But if you delegate 1000hp to hive.curation then you can get an upvote x20 = 200000 hp. Thats where the unfairness is