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RE: APR

in Hive Improvement • 3 years ago

I think there should be a way not to play the game if you don't want. If we had this, people wouldn't care what others did with their stake.

This! enjoy coming here reading, being involved. Have issues lately mixing pleasure with investing. thought at one stage i could combine both but hive code currently doesn't align the two for me.

3 years ago in Hive Improvement by
$0.30
  • Past Payouts $0.30
  • - Author $0.15
  • - Curators $0.15
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     3 years ago  

    what do you next of my next comment to this?

    • An idea that just hit me would be, if your VP is sitting at 100% you automatically earn interest (slightly smaller than avg curation would get.) That way, you can vote when you want, if you don't, you earn a bit less but at the cost of not having to do anything. Interest paid this way could be in the form of HP to lock them in. This is also cool because now it's compounding interest, IE powering up HP creates more HP, etc. Just a thought. So instead of "opting out" in some complicated way, you simply don't vote. And if you want to vote, you can but you won't earn that interest again until you are full HP.
    $0.03
    • Past Payouts $0.03
    • - Author $0.01
    • - Curators $0.01
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     3 years ago  

    If i understand this correctly. id set up two accounts. one for investment - keep at 100% and a smaller one to vote, have fun and communicate with.

    The power down time - really does affect me also though. Granted, long term investing, but when something has the potential to go from 10c to $1.00 in a matter of weeks - Doesn't seem smart to be all locked up.

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       3 years ago  

      no need for 2 accounts. Simply, once your voting power reaches 100% you earn extra interest. When it is below 100% you earn the normal interest that pays out currently.

      Example: Curation on avg pays 10-15% lets say. When your voting power reaches 100%, you earn 8-9% interest. That is 10-20%+ lower than the avg curator makes, however you still earn a decent amount and isnt the end of the world if you don't curator for a month or two, or ever. 8% vs 10% is not a deathnail to anyones stake in the form of being diluted.

      $0.33
      • Past Payouts $0.33
      • - Author $0.17
      • - Curators $0.17
      1 vote
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       3 years ago (edited) 

      Sounds good (without thinking of any potential pitfalls) 4 to 6 week power down, make it fair between auto voters and manual, and i'll be a happy camper ........ at least until we find an exploit that cant be solved by a few downvotes lol.

      [-]
       3 years ago (edited) 

      Example: Curation on avg pays 10-15% lets say. When your voting power reaches 100%, you earn 8-9% interest. That is 10-20%+ lower than the avg curator makes, however you still earn a decent amount and isnt the end of the world if you don't curator for a month or two, or ever. 8% vs 10% is not a deathnail to anyones stake in the form of being diluted.

      But how do we prevent curation collusion, where curators upvote their buddies/sockpuppets to gain curation + author rewards? If the auto staking-revenue would be curation + author, it would remove the need to curate unfairly and give content creators a reason to level up their content.

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         3 years ago  

        So you're referring to the fact that people can make curation + author by self voting. I believe free down votes will stop this. We have stopped the biggest, longest abusers of the system with free downvotes, so much so that pretty much every abuser has turned legit/semi-legit curator. We couldn't give passive stakers the equivalent of what self voters make, because self voters that milk the system is abusive and we don't want to set the standard at "you must abuse to earn at least what you'd make on passive."

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