Are you aware of how easy it is to cheat KE? You're really putting a lot of weight on it by the looks of your comments.
If people are placing value on Hive it doesn't matter what they do with the rewards they get. What if some small users are actively bringing 10s of new users to hive on a weekly basis while others are just minding their own business trading votes and centralizing distribution to get a bigger and bigger pie of inflation but keeping their KE looking "clean", are you going to favor them over those actually bringing value to the chain? Then one day they unstake everything and after 3 months they're gone, are you gonna feel like you've done a good job spending thousands of votes on those users over others?
This example isn't directed at "you" personally, but people with the mentality that KE is that important and we should just starve everyone else while favoring those keeping the stake they own. It goes against proof of brain in and of itself as well.
How do you cheat KE? The only way I know that you can cheat KE is to buy Hive and stake it :)
Sending beneficiaries to another account, then powering those up, this won't count as you having earned it on the account you trying to improve your KE on. Powering down witness rewards and powering those up on the account you want to improve your KE on, etc. Delegating your HP away so you don't earn curation rewards but liquid hive instead. Probably some more ways.
That makes sense, thank you.
HP inflation as well.
Just trying to say that it's not all black and white, someone could be selling all their hive to fund a project that takes us 200 mcaps higher, someone could be selling to ride other coins to the top to buy 50x more hive later, for people to judge them solely on KE is absurd.
I definitely see your point even better now. KE is definitely just one metric, it could be useful to make a preliminary judgement, but definitely there are more things to consider. Even extremely extractive users could be bringing value to Hive if their content is unique and attracting new eyeballs here.
For myself, I don't really chase the KE, but I do try to build up my HP :) After around a year of taking Hive seriously I made it into top 1,000 HP holders at # 832 :)
Nice, I've been trying to grow this account as well the past couple years but am unfortunately forced to also spend a lot of hive on holozing. Hopefully things turn around there soon.