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RE: Witness consensus status to fix the actual steem’s economic flows (ENG)
The sales pitch is
- Curation is broken. A too-large and increasing portion of the reward pool is going to self votes and paid votes that bear little to no relation to quality or value brought to Steem
- As a dedicated quality contributor this is hurting you.
- By making a set of changes, including (but not limited to) changing from a 75/25 to a 50/50 allocation between posters and voters, we are attempting to shift the economic incentives away from this sort of self- and paid-voting and toward curating on the basis of a high quality, high value contributions as determined by a system better turned to measure stakeholder consensus (as opposed to unilaterally-decided self votes and/or paid votes)
- As a dedicated quality contributor this would likely benefit you.
- Can we promise that the 33% decrease in gross rewards will be made up for by a combinations of a) A larger share of rewards going to your quality contributions; and b) Growing the value of Steem thereby increasing the entire reward pool (including your share)? No! We can not guarantee this but we think it is a very plausible outcome.
- We also believe that doing nothing and continuing the failure of its premiere feature (stakeholder/voter-allocated rewards used to promote growth) will likely result in Steem continuing to stagnate, and likely continuing to decline in value. Your rewards will decline with it.
- Please support this initiative for the benefit of the entire Steem community, including you.
Alright, let me try.
https://steemit.com/fifty-fifty/@fyrstikken/bloggers-would-you-mind-sharing-50-50-with-those-that-upvote-you