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RE: Goodbye Tiers, Hello Multiplier! We need some input and feedback!
That seems to mean we no longer pay to go on tier 1 and 2 as they won't exist any more.
It's hard for me to understand this proposal as I have only recently joined and am just beginning to understand the tier system.
Does it mean you will accept delegations lower than 100SP? If so that sounds good to me. It would let people like me afford to delegate some funds more quickly than at present.
Otherwise, I think the upvote I will get under the new system sounds a lot lower than at present.
Looking forward to seeing some feedback from members who understand it better than me.
We will accept delegations lower than 100 SP, we have been thinking of making the lowest delegation around 10 SP as a suggested minimum. The upvote under the new system is either the same or higher. It is much better for minnows as the lowest vote you could get is 0.03 SBD
Okay, that sounds reasonable. It won't lower our voting power too much to delegate in small steps like 10 SP as we can afford it.
Voting power is low for many of us. Votes are less value than 0.05.
We realise that, that is why we are trying to keep the 100% upvote support for the minnows. The votes are generally worth about 0.001 and we give 0.03 back. We know this is especially appreciated by those with very little
Thank you.