You are viewing a single comment's thread from:
RE: Locking stake for 100% passive income, improving content, helping apps
I delegate a little bit around the place. Some to bidbots, some on the DLM and some donated to communities. Now, if I can lockup stake for max returns then here's how I play... (spoiler alert voting goes to zero).
Speaking only of my community delegations, I'm best to take those back and lockup that stake and then distribute the rewards to the communities instead. That means no voting on their posts by a steady supply of liquid STEEM. Why, because it gives better ROI to do that than to upvote a minor tiny community post that'll only ever get a couple of bucks in upvotes.
I like the general concept, but the execution/details matter because there are side effects.
THat is fine because while your stake is locked, you have no pull on the pool. That means my active stake has more influence over the content and distribution. The applications won't/can't lock their stake either so they can still distribute also.
While locked stake wouldn't influence the distribution of the rewards in the pool, it would still have the same overall dillutionary effect on the value of steem. If the proportion of locked stake gets huge relative to the rewards pool then the value of each post becomes lower.
of course. The difference is that there are going to be apps (steem delegated must stay active) and accounts that won't lock their stake and will therefore have control over whatever is left. This means that they control the entire view of the platform. There will be others who lock part of their stake and keep part active to have influence over the pool. While you might choose to lock 100%, it doesn't mean everyone will as for some, eyes on and being able to reward is much more valuable than 10x votes.