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RE: No-Brainer SBD Potato Top Up Proposal

in #sbdpotato4 years ago

The problem is you can’t force people to burn, it is voluntary, and currently rewards are paid in Steem so will only be burning Steem, won’t address the issue of burning SBD. The think is the existing SBD supply is too high in relation to the Steem marcap so we need to get rid of some of the existing SBD excess, a burn tax on new emissions won’t solve that.

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I understand at the moment burn is voluntary, but that's what hardforks are for.

Also, maybe I have a different version of STEEM but I see an option to take rewards as 100% Steempower or 50% SBD and 50% Steempower when I create a post. Am I wrong about this?

Why is it impossible to adjust the payout structure by adding @null as a non optional beneficiary on the next hardfork? In fact, there should also be the ability to increase the amount on top of the mandatory burn.

So Again, using 5% as a possible figure the rewards payout would be

95% to be split between author and curators and 5% to null upon post payout.

In regards to the SBD payout option , same thing as above but it will go to wherever it would need to go to get pegged (lol, this term makes me laugh).

An easier way would just be reduce the inflation by 5%, atm this next HF is full loaded with SMT changes and Steemit inc doesnt want to change too much else. Will have to wait for next next HF, the 50% sbd payout is not technically correct anymore, due to the oversupply of SBD, the blockchain is only printing Steem now, so effectively 50% liquid steem 50% SP

ok, I see. The inflation reduction also sounds like a very reasonable and easy fix. Lets hope it does get adjusted somehow in the next HF!
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