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RE: Are we ready to drop author rewards by 20% for the new Steem Proposal System?

in #witness5 years ago

After the system is in place and gives enough proof then I don’t see any issue with reducing author rewards. As a developer, I will also try to earn from this system so getting a stable fund will be for my advantage but I want to protect the content creators at this moment until we can build a safe environment for them.

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Protect them from what? The real community content creators are not going to run for the hills because the community is more important to them, by and large, than the pittance most make by posting. Reward whores, who flip any steem they get to fiat putting downward pressure on the market, might be driven off as the lower price in steem seems to have done. Good riddance to them in my opinion.

Im not talking about these kind of content creators but real ones who create content because they like creating content and still stay around whatever the prices are. We do have users who deliver great content but yet receive small rewards. I don’t think reducing their reward by 20% for a new system that has not proven its effectiveness is the way to start.

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