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RE: RobinHoodWhale: Who Really Benefits?

in #steemit8 years ago (edited)

RHW is funded by Steem members ("investors"), who in return receive 90% of the account's monthly power down, presumably proportioned according to their investment.

but not limited nor a prerequest to help out the initiative

The other 10% of monthly power down is reserved for: repholder, instructor2121, kyriacos, (let's assume they are different people...), plus an alleged 7 other anonymous users.

We are all different people. A power down is worth 130 SP per week (at current ~13K SP) so 1.3SP per curator per week or roughly $4 a month each.

To clarify: RHW's SP pool must gain 10% value to recoup your investment.

25% of the funds are our 2 posts (the intro poem and the real intro) all liquid rewards were powered up.

40% was funded by Smooth
15% was funded by myself
10% was funded by Steempty

We have 2 ideas to be able to beat both the MVEST deflation and the power down including the curator "cut"

  1. Posting "daily featured authors" growing the RHW SP and dividing the SD between the Authors.

  2. Making a RHW witness. If we break the top #19 all investors get a 1000% return at current SP levels of the RHW account.

It's an inefficient and centralized way to distribute vote wealth, which could be replaced at zero cost

As I mentioned in Steemitchat:
Make something better and I am willing to retire RHW.

Investing SP into their pool, only helps you to lose money

We have added a disclaimer to be transparent. Like most "investments" there are no guarantees.

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