RE: On Downvotes, Stake and Power
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Yeah I'm not a fan of burning inflation either, at least not through curation, it'd be another thing if we could buy that hive up instead.
Yeah dunno i think rewarding users for effort and more than just posting content and somehow figuring out ways to get a lot of votes, some that may be backroom deals that may end up giving curators a higher return anyway, is better than just letting any overrewarding go wild. I've seen it get quite crazy and it'd be a disservice to others to not adjust the rewards there. Not to mention the entitlement and expectations it breeds where people start earning rewards for little to no effort and expect that to go on forever at the cost of all other stakeholders. I don't think you're considering all the options and occurrences of where overrewarding has become straight up abuse.
In my opinion overrewarding is a user problem.
Less users -> Less posts -> More overrewarded posts -> More reward adjustments.
You yourself said that most stakeholders think that all posts are overrewarded and that is plain simple reason why all posts are "overrewarded" nowadays. Too many curators, not enough posts. I am sure if we had 10x more posts, some of the overrewarding would alleviate by itself.