RE: Increasing Curation, Demand for Steem Power and Community Interaction
Both proposals will reduce and not increase the demand for steem. First, divesting already has a 2 year time schedule. If you make vests worthless during those two years by taking away their power to earn any curation rewards, then there will be much less incentive to actually own vests. Committing vests for 2 years already places a huge drag on demand. Completely neutering vests for 2 years will do even more damage.
Second, by having a voting pool that includes steemits vests, you reduce the value of all other vests. The incentive will be to power down, lose your voting rewards, then get a real identity and leverage steemit's vests instead.
The combination of these two proposals is to scrap any incentive to own vests becasue (1) they will be worthless as capital while powering down and (2) they will be unable to compete with steemit's vests when not powering down.
That's why it would be a good idea to provide a sliding scale.
There's a mechanism on a macro scale when liquid steem reaches around 10-13%.
Why shouldn't there be one on a micro level? Otherwise powering down just turns exiting into a tragedy of the commons.
Yes, also if you want to make vest or steem more valuable, trying to increase artificial demand is not going to help. What we need to focus on is quality content and growth. So instead of focusing on the investors, focus on the users. Especially winning new users and retaining them.
I have written a proposal yesterday about bounties that i think will help in this regard. Curation also needs to be improved though.
Yes, a bounty system would work (think of gamification). If new users do not get all the Steem Power at once but in interval, let's say 5 Steem Power for sign up and the next steem power tied to length of stay etc.
@steempowerwhale
upvoting your lifetime dreams!
Can you please look into my bounty proposal and give me feedback what you think of it: https://steemit.com/steemit/@knircky/the-potential-of-bounties-an-improvement-proposal-for-steem-to-double-its-value
@steemed really good points that someone like me who is just getting caught up to speed with the technical side as opposed to content creation aspect would have never considered. So much to learn. Thanks for the insight.