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RE: Steem Debates: Delegation - Helping The Rich Get Richer?

in #steemdebates5 years ago

This is very well understood and has been talked about at length. it is clear that some project will generate a profit and others will provide a valuable service to the community but won't generate a profit. We are developing an evaluation process that takes both types of project into account.

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Thanks for the reply. We'll be standing by for that process and tightening up the code in the meantime.

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That's good to hear @starkerz, and that goes some way to quelling my concerns that it is only rich projects that will be able to afford to apply for delegation. Thanks for stopping by and clearing that up.

Nice one, keep up the good work!

Cg

The price will certainly be raised as a point of discussion in the meeting tonight

I would say so far that you must note that these prices are applicable to delegation renewals only. This does not necessarily apply to new delegation applications. When the process for new delegation applications is issued by us, it is likely that the price will be lower in those cases

Aha! Okay that makes sense, I totally missed that one. I thought I read in the post it would be for old and new delegations.

Thanks for clearing that up for me and anyone reading!

Cg

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