RE: "I'm voting the best content on hive"

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RE: "I'm voting the best content on hive"

themarkymark in LeoFinance • 9 months ago

Authors cannot control what curators earn. There is a little known feature to turn off curation completely but no one uses it and it doesn’t tell the voter this is the case.

I earn the exact same curation rewards as everyone on Hive. I make nothing off these burn posts and in fact it prevents upwards of $330,000 sell pressure a year.

I can vote this dudes shit posts or the burn posts and I get the exact same curation rewards. There is no special incentive to vote them outside of the reduced sell pressure and reduced inflation.

9 months ago in LeoFinance by themarkymark

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1 vote

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thatgermandude 9 months ago

Well, aside from it being actually a duty to find good content and not just grab your curation rewards for NOT curating anything.

I mean vote buying is clearly worse and all this automated voting is not good either.

What you are doing is clearly cheating the system, but I dont expect you to have anything resembling an actual moral code.

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2 votes

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themarkymark 9 months ago (edited)

My duty is to direct inflation where I believe it is most beneficial.

Regardless if you know my history where the last 1+ years I haven’t been able to curate due to multiple whales downvoting everything I posted and everything I curated so I stopped “curating” years ago and just voted the hbd stabilizer like all the other whales. When I was able to I switched to voting burning rewards as I disagree how the DHF funding is being used and burning rewards is the only way to even fractionally balancing the $3M/yr sell pressure created by proposals that are extracting 10x value from Hive than they provide.

Prior to being downvoted by multiple whales because I stopped their farming I was voting over 200 unique authors a week with zero influence. They all received 10% votes from my accounts evenly for like 4 years. You are barking up the wrong tree but feel free.

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1 vote

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thatgermandude 9 months ago (edited)

I remember that drama. Didn't think you would lose and while the other guy seemed crazy, I was in favor of your downfall back then.

I would gladly close that hole through that you are still breathing, but I wont hold it against you, since it seems its the only way you can get curation rewards.

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themarkymark 9 months ago

My voting has always been fair generous and without self interest. I didn’t give massive unbalanced votes or chase the chain favorites. But you are free to your opinions.

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thatgermandude 9 months ago

you forgot to mention 'I love downvoting Germans', but I taunted you enough for today.

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themarkymark 9 months ago

I don't love downvoting anyone, but as I said, my votes are without self interest.

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thatgermandude 9 months ago (edited)

Well, aside from the burn-posts/comments we discussed, You could just accept that your votes are not appreciated anymore and stop voting all together. And while you would make me really happy with that, I see why you feel like you have the right to the same curation rewards as everybody else.

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themarkymark 9 months ago

You could just accept that your votes are not appreciated anymore and stop voting all together.

I will be sure to never vote for you, so you will never have to be depreciate them.

And while you would make me really happy with, I see why you feel like you have the right to the same curation rewards as everybody else.

And in what world would I deserve less curation rewards than any other stake holder?

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mein-senf-dazu 9 months ago

That sucks, of course. I don't know the story, so that explains a bit. But couldn't there have been other ways?

Many people have already complained about the proposals, especially about Hivewatcher. I wrote that too. I also received a downvote for asking the proposal voters.

Unfortunately, those who vote for it have too much HP, so it would take a few million HP to stop it.

Which of the proposals do you think are good, apart from whether the amount of HBD is right? Not all of them are really bad, are they?

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themarkymark 9 months ago

That sucks, of course. I don't know the story, so that explains a bit. But couldn't there have been other ways?

Nope.

https://peakd.com/hive-167922/@themarkymark/my-last-post

Which of the proposals do you think are good, apart from whether the amount of HBD is right? Not all of them are really bad, are they?

Almost none. Most of them extract at least 10x the value they provide and almost none of them are getting new users to Hive.

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borsengelaber 8 months ago

Agree on the point that quite some DHF proposals seem to „extract“ more value with the funding they get compared to the value they provide in the direction of onboarding new users. That’s the main problem we have currently, since Splinterlands went down there is few projects focused to that.
We are small, not within the current hot narratives within crypto and don’t have a killer DApp either to attract new users. HIVE price is still in bear market and most probably won’t make it back to the old ATH. Users get disappointed and unmotivated.

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mein-senf-dazu 9 months ago

an author also does not control how many votes he receives. That's the voters' decision.

A very unknown function, so unknown that it has only been used 1000 times by 279 accounts between May 9th and today. The known frontends do show it, only Inleo does not.

The fact that you are preventing a sales pressure of 330 k per year is a milquetoast calculation. Not everyone sells their hive, most of the ones I know are just powering up. You could also exclude those who make powerdowns from a vote. The pressure to sell remains with the people who do it and their hives become worth more because there is less inflation.

Lower inflation is of course also an advantage for you ;)
I never expected you to vote my shitty posts or to stop voting, but there is so much good content and projects on Hive that are worth supporting.
And in my opinion that could lead to more onboarding, more than Inleo's proposal.

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themarkymark 9 months ago (edited)

A very unknown function, so unknown that it has only been used 1000 times by 279 accounts between May 9th and today. The known frontends do show it, only Inleo does not.

It's actually been used over 350K times, at over 50K comments/day that's a drop in the bucket for the 7+ years we have been here.

It was also largely used by dapps to try to get manipulate rewards, but they failed to understand how the feature actually works and that it doesn't in fact increase authors rewards.

Average users use it less than 0.0000000000001% of the times. I'd say less than 0.001% of Hive users even know it exists. Yeah it must be SUPER COMMON in your community.

The fact that you are preventing a sales pressure of 330 k per year is a milquetoast calculation. Not everyone sells their hive, most of the ones I know are just powering up. You could also exclude those who make powerdowns from a vote. The pressure to sell remains with the people who do it and their hives become worth more because there is less inflation.

Lower inflation is of course also an advantage for you ;)

LOL.

more than Inleo's proposal.

ROTFLMAO. This is their "marketing"
https://peakd.com/@leoglossary

This did more harm to Hive and Leo.

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