Staking & Curating

in #hardfork215 years ago (edited)


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Steem has traditionally about rewarding users for the content they create and because of the 75/25 rule on rewards many users felt an obligation to post content regularly to get as much of the reward pool as possible. This behaviour often leads to poor content, post farming, comment farming, shitposting and along with a lot of self upvoting along the way.

Very few normal steemians bothered with curation and this was left up to groups that formed as communities to curate content. Many users have seen Steemit has been a "me first" arena and because of it, the platform has suffered.

Hard Fork 21 is on its way and it looks like the witnesses are all about ready to approve the new changes and we will be living life a little differently on the chain once the new changes are in place.

Just like with Steem Tribes curation and post rewards will be a 50/50 split and while that means fewer rewards for authors it does incentivize two very important user behaviours.

Curating

One would be curating other steemians and hopefully, this trickles down to authors who have been overlooked by the current system and encourages more votes being spread out across the ecosystem.

Staking

In the old system, many authors would post, get their rewards and power down and continue to do so, not that some won't continue to do the same but they will earn less from their efforts. With more rewards going to curation you will need to have a stake if you want to access those rewards, the more stake you have the more you will earn, which encourages users to keep powering up, or at least the ones who want to benefit from the new system.

What do you think? Will it help improve retention of STEEM by authors?

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To me it will be fair, both writers and curators are the people investing into Steemit and they should be both encouraged and rewarded fairly. Investing into Steemit helps everyone.

I’m getting prepared this weekend! Let’s see what happens on Tuesday 🤑

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I'm lost as to what this all will mean for the steem community. Personally I have decided to work harder to create more/better content while not reducing my work to shit posts. I'm sure at first I will see a reduction in earnings (not like I am raking in a win fall now) but I will not allow that to stop me.

brick by brick I will follow my goals.

Good luck to all of us

Yup ! :) 💙

Staking Curating Staking Curating Staking Curating Staking Curating Staking Curating Staking Curating Staking Curating ∞

will Steem ♨ On !

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Nanlalamig ang iba

Posted using Partiko Android

Friend @purepinay, I do not know in depth the statistics of what the authors earn and how much the curators currently and it would be good to make an analysis of how much they would earn with the changes hf21 brings, God willing and be good for everyone. Happiness always.

Posted using Partiko Android

I share your point of view, it is interesting when you see it from the perspective of encouraging the increase of voting power, to have access to better rewards for curatorship. And the fact is that really curing is as important as creating content. The good functioning of the platform depends on that balance.

A hug.

#lavidaesbella

Posted using Partiko Android

you are gerat,,,to help me i steemit a new,,,you help me to big men

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