The payout structure was originally 50/50 between author and curators; but it was changed a long time ago.
I wrote a piece suggesting we go back. We're still in beta, that's when changes are made, and unmade.
The payout structure was originally 50/50 between author and curators; but it was changed a long time ago.
I wrote a piece suggesting we go back. We're still in beta, that's when changes are made, and unmade.
50/50 between author/curator is pretty steep but could work if curation was spread wide enough. I would prefer 65 Author/35 Curator or just giving curators the 50/50 SBD/Steem split like other payouts.
The high SBD price has certainly incentivised self voting over curation, as has the change from 104 week powerdowns; and the change from quadratic to linear rewards.
We adapt, I suppose. I make most of my rewards from renting out my voting power.
The high SBD price means every man and his dog is knocking on my door.
Very interesting! I have to agree, there is currently a lot of incentive to upvote yourself. Where can I read about your voting power rental program? I like the sound of that.
I charge 2% per calendar month; so my main customer, @silvergoldbotty gets to use 50K of my steem power and pays me 1000 steem each month for the privilege.
I also have two smaller customers, who each pay 200 steem per month for 10K SP.
I like it because it increases my exposure to the steem price.
They get to upvote their communities and causes without a massive initial outlay and I make out like VISA with zero risk of default.
Hmmm! You get 2% leasing fees AND earn lots of curation too, right?!
No, the customer gets the curation rewards.
Oh, gotcha.
Some guys are charging up to 3%, with this SBD pump but I'd rather keep my prices down :)
There are a few other players leasing out, @blocktrades, @msp, @dang007, @berniesanders, but pretty much all the SP available has been leased out.