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RE: BlockTrades beginning development of Steem Proposal System
I support this 100%
This proposed 11% cut on author rewards are 0.943 % of 8.574% total inflation. Exactly like @blocktrades proposed as 1%.
What this means for the author rewards:
Author rewards are 4.467% of total inflation. It will be 3.515% of total inflation after implementation if approved.
Curation rewards are 1.406% of total inflation, I agree with @ats-david that a balance between author and curation rewards would be a great incentive to keep the social media experience viable into the future.