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RE: Some information about the Hive(previously steem) proposal system/sps/steem.dao/hive development fund/hdf

in #hive4 years ago

The problem with delegations is, who decides who gets them.
If we decide via the HIVE fund, what happens if delegations need to be adjusted? Some delegatee might go rogue and misuse the delegated stake. (it's unlikely but could happen; Sun using exchanges to overthrow Steem was also unlikely...)

You undelegate them even though the HIVE fund decided who gets the delegation? That's gonna be a PR nightmare... even if they misused the delegated stake.

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I don't see why we could not have hive fund delegations if we really wanted to do the development (I'm not exactly in favor for it but hey why not).

Just have a part of the hive tokens be powered up on the sps account, and then add a new kind of proposals where you ask for sp delegations instead of daily HBD. And then do the same system where if you no longer have enough support you lose your delegation.

The system I explain above would work much better as a decentralized community than when we had steemit delegations because we can be more agile and reasons are more clear than when it was behind closed doors.

"Request a delegation" is a good solution to the problem I mentioned. Thanks for your reply.

The only downside is dealing with the 5 day wind down for delegations in some way. Likely making a special delegation rule specifically for sps delegations.