You are viewing a single comment's thread from:
RE: Make Steemit Great Again: Fork This Place!
In reality, due to the reverse auction on early curating, the actual curation payouts are only around 12%. The rest of the 88% of rewards goes to authors. This throws the entire incentive structure of the platform out of balance and is the main reason why there is increased automation.
Is this not a good reason to use the golden ratio also here and transform author:curators rewards to 38:62 !!! (and due to the reverse auction on early curating it would actually represent a split of rewards between them)
That's a good point. I'm wondering why the "golden ratio" is used for a new comment rewards pool. What's the "golden ratio" for blog posts and curation rewards? Apparently, that ratio is at or below 7.5% for curating. Not good for the platform's investors.