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RE: Hive Blog Rewards Will Need to Go

in #reward-pool7 months ago

I guess, during town-hall, my point was misinterpreted because I couldn't present it well.

Here is what I suggested - wild & random thoughts for food

Screenshot 2023-12-01 at 11.15.22 PM.png

Solution 1

  • Instead of 65% for the reward pool, bring it down to 50%
  • 15% for locking hive for 13 weeks / Hive Power
  • Extra 15% for locking hive for 1 year
  • With this people will be driven for staking more for better rewards.
  • These numbers can vary. It's just for an example

Solution 2

  • Only keep tipping feature to authors instead of reward pools
  • With this we never have to worry about 7 days time line for curation, or downvotes or upvotes.
  • With this content creators can post & earn from tipping anytime.
  • After earning from tipping, they are encouraged to power-up for better rewards.
  • Now, this tipping can be anything - it already exists by many comments like Hive, ALIVE, BEER etc.
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  1. I don't think fiddling with the % is going to have any meaningful impact on things. In fact, if people think rewards bring such value, I'm actually wondering why nobody proposes a bigger reward pool.

  2. This is already possible, so either it won't work, or people don't find content here valuable.

I don't think fiddling with the % is going to have any meaningful impact on things. In fact, if people think rewards bring such value, I'm actually wondering why nobody proposes a bigger reward pool.

Okay. So, what solution do you have in mind?

This is already possible, so either it won't work, or people don't find content here valuable.

If people aren't willing to tip but eager to vote & inflate, we must ponder over this problem.