Yup Steem badly need that

content consumer

thanks for sharing and popping up the issues, here are some thoughts for all to consider to help Steem curation rewards go from

this:

to this:

how about actually creating anticipatory and user interaction curation using proven economic ideas, instead of just a statically rebalancing a number ..... aka get good behavior by rewarding folks who really enjoy finding content instead of farming it out (or really enjoy getting paid for finding content), and make folks really be recognize for their duration and seniority of steempowerness (was going to type SteemProwessness ...Ha!):

1. Reduce delegated voting power to 80%....see what happens (or more radical make delegation start at 50% SP and increases over time to 80 or 90%)

2. Why not propose increase curation by 5% every minor hf so it goes from 25% to 50% over say 6-12 months (or 48 months)....and we all see what happens? imagine Steem anticipation goes up and people buy before each hardfork....like dividend quarter payment to stock

and if you want something more radical that can really shake things up and bring Steem purchaser (who normally keep it only in their exchange) to actually create a Steem account powerup even if they don't create content:

1. Reduce power down to 3 days (say 1/3 every 24 hours), then we don't need savings since savings IS powerup.... AND balance it up with:

2. Let those who Vest earn 20-25% of the reward pool (instead of a measly 10%)....but let the vesting accrue geometrically to 20-25% over say 13 weeks or 1 month, or 13days....just imagine, suddenly it's really like that 2% you get in a bank CD (or savings in the 80s) for keeping you Steem powered in a personal wallet and another reason to visit the ecosystem.

3. Let the max curation reward (100% of 50% Curation) be dependent upon duration vesting/powerup, the longer you powerup (or delegate, many of the top witness who runs bot will hate this....but it really makes sense) the more curation you should get....so all new Curation reward will also take time to vest

Example for #3....SP start as low as inflation percentage so ~8% (so a 10,000SP veteran holder has more power than a new orca whale with 100,000K Steem) or 50% at most (if you're a pussy or feel like a little prick) and grows to 100% over a period of time in say at least 3-6 months about 1 economic winter to really reward the loyal peeps (of whatever curation reward.....this will radically change behavior)

now if you're asking wtf will this do....there will be a ton of benefits....including forcing (by temptation) the whales to liquidate at higher prices bringing greater decentralization to ownership, disrupting bot payout, increasing curation reward for long-term curators, rewarding long-term Steem power...hell SP-ing might become a bigger addiction, improve or as some say return some value to proof of brain, basically everyone will be powering up, averaging out the % of powerup will out way almost every other stake/vested coin if we go this route, you can also bet folks will be reviewing their auto vote from time to time to make sure they are not missing out at 8-100% SP Vest within a dynamic power up ecosystem that gives you now a meaningful long term 50% curation, tons of game example, tons of behavioral freedom example, and if we get promising results with this level 1 mod...yes we can even take this to level 2 with improvement and gradually become visible for many to see like an open source proof-of-brain algo that is google-ques worthy, ...etc, etc.

_{could do a trending post on this but i'm too lazy.....so feel free to chat me up goto COM discord link somewhere in @comedyopenmic / #comedyopenmic and I'll give you the economic details}

this kinda better mouse-trap "Fairness" will disrupt and make people Vest more, curate more, delegate wholesale less (sorry bot owners), .....

what else would could we expect as the alternative outcome? if it's only 50% curation alone, then 2016 brief 50% experiment would just sort of repeat itself only with a bigger populous of scammers....ahem I mean bot and/or alt self-upvoters, and other short term thinkers

look the point is, if we're going to experiment, then lets really experiment, if we don't give it a fair shakeup then we can't really so we gave it our best shot (which btw. we should do new experiment as evolving Steem its really the ultimate form of proof of brain neh? :P)

btw. this is no simple 3 lines of code here, but it's doable by Steemit Inc, and can be calculated rather effectively, suddenly all the long term thinkers get rewarded alot more......then watch what happens to newbies investors, traders, and the shift in the mentality of Steem holders who has any significant Steem (hackers, scammers, and bored dads and your social aunt at home surfing the web included)