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RE: A cute idea for curation rewards
So are both the curation rewards, and the non curation rewards going to come out of whats currently the curation reward pool? If so, how do you determine how much of the current pool goes to curation reward buyback? Is it a fixed amount (in which case it will go down if more people are getting paid for not voting) or is it scaleable (the more people who opt in and get paid for not voting, the less available rewards for curation.
If its not coming out of the curation reward pool, then how are we going to handle the extra inflation? Cause we kind of just switched things around to get inflation under control. With the new SP incentives model, i don't think there's enough in just SP incentives to just fund it out of that.
My hope would be to pay for the buyback using the current inflation. But as you point out elsewhere, it's not clear that this would be enough money.
yeah realized that on the reread. I actually have no idea what the current rate of SP incentive inflation is.
Also a big part of the problem with incentivizing whale inactivity is that it might not be possible to exclude the steemit account, which would eat up almost half of the rewards.
It looks like there's right around 200 GV (besides the steemit account) above the 250MV mark. By my guesstimation in my other post, if you got rid of curation rewards entirely, and used all of the proceeds to fund inactivity incentives, you would be able to offer around a 2.6% APR non compounding return. Which is a worse deal than powering down and buying into SBD.
Yeah, that's kind of terrible.