I like the idea a lot. I think this could be even better and more potent if it was also complemented with a change to add the same 5 or 10% "tax" to author payouts when choosing 50% liquid, but none if they choose all powered up. Then users are more incentivized to choose the 100% Power Up option, making PoB more potent as a decentralization mechanism of placing more actual stake in users hands, while also lowering sell pressure from liquid rewards. Users could still choose it, but then that benefits HP holders.
Do you mean less rewards for authors in case they set 50% ? Authors are already sharing 50% with curators, why they need to share an other 10% as a tax, that will not motivate people to create. The tax or the fee should be only for power down, not from the hard work of authors who already earn only during 7 days and if their content is not noticed, they will not earn at all.
Yes, less if they set 50% liquid payout. Or said in another way: That they don't pay the tax that @theycallmedan is proposing if they choose 100% power up.
Are there any creators on Hive right now that would make $100 per month anywhere else on the web with the amount of views that their content gets? My impression is that we are paying creators many times more than what their effort to attract views and engagement deserves.
We desperately need more platform economic models to help people monetize their following, engagement, views and contribution outside of the reward pool.
I don't view the tokens creators get from inflation as a reward mechanism, I view it as a mechanism to decentralized Hive by making users co-owners in the blockchain and thus get a say. Keep in mind that with this proposal, authors who choose to continuously power up their author rewards would be earning more and more "passive income" from the distributed tax.
So no, I don't think this would take anything away from anyone who deserves anything. Rather, it will give more to those who do.
Yes I completely agree, those who choose 100% HP rewards over liquid pay nothing into the pool.