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RE: The Speak Network Incentive Layer (Hive Fest)

in #speak3 years ago (edited)

This is way too complex imo. Now youre adding 3 more tokens on top of HP, HIVE and HBD.
You guys dont feel thats excessive?
You should have gone the DEFI yield farm route and simply had 1 token be the miner, the governance token and the reward.
It can be done.
I mean even Dtube did it and all it took is some adjustment to the tokenomics.

This has a convoluted feeling and you should have really streamlined it with yield farming (once you make Wspeak it would be a nice fit) which this does look extremely similar to in result but not in presentation.

I like the fact that youre airdropping based on Hive balance and not HP. That could help the price movement of HIVE before the snapshot and makes sure we get some new blood.
I still think you guys have made this unnecessarily convoluted.

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There is a very good reason for three tokens, and not one. Trying to cram everything into one token for ease of use puts a ceiling of innovation and positive economic tokenomics. Read the comment on this thread I left to marki99 who asked the same question, and I also touch on it about 5min + in my video today.