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RE: My PALNET Updates:
We're working diligently to add decimal precision asap, so you'll be seeing curation rewards sooner rather than later. This was a huge oversight on our part, as the token was originally planned to have a much larger distribution initially, but with a distribution of less than a factor of 10 of steem's, decimal precision (possibly to the 8th place) will be essential.
It's not about the distribution, it's about the valuation. If you had targeted a valuation of 0.01 and released 100x as many to everyone, then the lack of decimal precision would be much less of a problem, even without wide distribution. In fact, wider distribution would make the problem worse, because the wider the distribution the fewer the tokens each average individual holds.
The fact that nobody ever sat down with a calculator and asked 'how much PAL does an account need to deliver 1 PAL in rewards?' and used that to guide the coin/drop parameters is a glaring oversight. The minimum needed to deliver a 2 PAL upvote (1 PAL each at 50/50) was greater than the maximum coindrop of 2500 PAL.
Nobody can earn curation unless they were inner circle or bought in. That's a little bigger than an 'oops'.
Distribution is definitely a factor, as it gives a frame of reference. When you say that 2500 PALcoin stake should reward 2 PAL on a post, you're essentially saying that a 37k SP account on steem should award 30 steem for an upvote. Your logic is faulty because you're basing this off what you've expected on steem, and this token has a much lower supply than steem. The problem is decimal precision, and that's being fixed asap.
Decimal precision and valuation are opposite sides of the same PALcoin.
0.01 PAL with PAL at 1 STEEM is the same thing as 1 PAL at 0.01 STEEM
For the record, what's done is done and at this point decimal precision is the solution. My point is not that it should by 1 PAL, it's that your 'average' user should be able to earn the minimum transferable increment from a 100% upvote. If that's 1 PAL at 0.000001 STEEM each or 0.000001 PAL at 1 STEEM each is completely irrelevant.
Edit: I didn't say that 2500 should reward 2 PAL; obviously that would be a totally broken inflation rate. What I said is that the tokenomics should have been checked to ensure that you didn't have to be an insider to earn curation.
Like I wrote in my comment it is easier tot criticize than to make something!
But it is great that the project team has this on the roadmap!
As long as a project evolves it is great! Some choices will turn out wrong, some spot on! As long as there are more correct decisions then wrong ones, it will head into a great project!
Cheers,
Petet