Do you prefer Steemit's stake to stay neutral?
Do you prefer Steemit's stake to stay neutral?
Steemit Inc. delegates 18.5m SP to some dApps and communities. Considering the delegatees spend their votes daily, this is a huge ninja-mined stake influencing the reward pool.
Let's do some quick math and calculate what 18.5m means:
| Total vesting shares | Steemit's delegated vesting shares |
|---|---|
| 412466507537 | 37145498659 |
It turns out 9% of the reward pool influence is delegated by @misterdelegation to other accounts.
As a stakeholder, your influence in the reward pool is getting a direct hit. If this ninja-mined stake would stay neutral, you would be getting more influence in the STEEM network and your vote would be more valuable.
On the other hand, your vote's worth is directly related to the market price and this price may get positive effects from the development of STEEM dApps and communities.
I am not implying that it's good or bad. I personally have mixed feelings about this practice and am curious as to what kind of ecosystem we see if these delegations were gone.
The question is:
Do you prefer Steemit's stake to stay neutral?
Make sure you cast your vote on dPoll and place some additional comments.
- Yes
- No
Answer the question at dpoll.xyz.
I vote for No.
Money should work. Steemit stake is part of the game which you accepted while buying STEEMs.
Agree. They are quite genuinely use their stake as a resourse of growth.
Fair point.
Voted for No.
It's a good question. My two cents:
The question is awfully asked, and is oriented. You are clearly wanting a Yes as an answer.
This steemit's stake will never be neutral. Even if they didn't delegate it, and didn't vote for it, and kept it just idle, it wouldn't be neutral. As long as these coins are part of the supply, they will never be neutral, as the threat of SteemIt starting to use it would still be there.
The question should be
Should SteemIt Inc burn all their tokens?, then watch people change their minds.Voted for Yes.
Yes.
But what reasons in particular can we think for StInc's stake to remain neutral vs any other miner account. Is it just a question of the magnitude of influence or is there more to it?
I would refer to the instances in which the stake has been abused to the detriment of the community for starters. dMania is one example that comes to mind.
I, personally, would be in favor of a tech solution for the the nullification of all premined stake. Think the early miners have had enough time to enjoy the advantage and its high time the distribution problem be addressed.
I believe could accelerate adoption especially to investors that have avoided Steem because of the centralization (perceived or actual) associated with a premine.
Let me guess that most people will vote YES because that supports their interests. I am no different. Steemit's delegation being neutral is essential for competition among DApp developers. Without that, we won't see proper improvement among DApps.
It's part of the Free Market. A lot of these dapps provide great value to the Steem blockchain, keep people on it, coming back and contributing, let alone all the programmers behind that putting all that time and effort to improve such dapps so that they can provide value for all of us.
Voted for Yes.
Yes, it was ninja-mined and it should be used only for creating accounts. And now it is not even used for this...
:)
No. That's money that should be put to work. There are tons of good initiatives that could do with funding. I don't mean any dreamer with an idea - but solid teams that have running code and a userbase can use support to scale. That's good for the blockchain overall.
If I voted yes because of the ninja mine then the only moral action would be that the ninja mine is burnt via transfer to null.
Voted for Yes.
Voted for Yes.
Let the users decide. Good to encourage DApps but wouldn't others do that if they stayed neutral? I think so. Its a good community
We have a great community for sure, 18m sp is not a value we can replace. Even with the recent lows :-)
Voted for Yes.
Thank you for brining this issue to our attention... I think it is way too much steem to be put in few hands. I guess there are some cases where the stake is used wisely and in some others maybe not so much.
I would particularly find it wrong if people who get does delegations are using it to vote for witnesses?, specially if those witnesses are their own.