What Steem needs to do to make me (actively) witness again
Nothing new here, I've been saying this stuff for a long time now. But, I'll keep this as a brief summary.
- Cancel SBD. Execute a one-time conversion to STEEM for remaining SBD.
- Cancel the common reward pool*.
- Reduce inflation to <2%.
- Reduce STEEM POWER lock-in period to the minimum required. (7 days?)
Simple. There's many more, but I'll cover the bare essentials for starters.
*Build SMT & Communities, offer a user-friendly turnkey solution for people to start their own communities and tokens. Make STEEM a utility token to power said SMTs. The current reward pool can transition to being a legacy SMT.
Yes, I'm well aware this will take time, and also of the downsides. That's my personal bias, I'd rather see a functional social network than short-term higher price.
Of course, I have no expectations that my requests will ever be met, but I'm just expressing my opinion for no good reason.