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RE: Fixing Steemit With Baby Steps (Part 1: The Vault)
There has to be a system that further rewards the Steemian to improve curation, content quality, and inversely remove junk, spam, and other non-value reducing activities like plagiarism, etc.
Education and long term investors are 1 way of doing it, the other way would be a system of rules that incentives like a half way between linear and some gradiant geometrical growth. Best would be a hybrid of both.
I would also propose the reward curve be dynamically calculated and proportion to the number prior day:
- x Active Users Daily (Upvoting, Posting, & Even Flagging) + Bonus % - Percentage of New User Joining Daily
Just my $0.02 SBD