You are viewing a single comment's thread from:
RE: Uncertainty for delegated applications and services
As I said, we'll have to figure out a way to put more money collectivelly to develop Steem and other projects, we can't just survive with SPS.
Posted using Partiko Android
SPS won't be enough for this by a long shot.
Not sure about that. Using SPS to pay for delegations on a leasing market you can get quite a bit.
Let's take anti-spam as an example because the amount is large, about 8000 MV, or 4M steem. Last I looked leasing markets were about 10%/year so this is 400K Steem per year. At current prices this is about 80K SBD, while SPS total funding is about 500K SBD/year. So it seems numerically feasible.
Whether stakeholders would vote for it is not certain but having stakeholders make that choice seems better than some unaccountable person at Steemit who didn't even pay attention to the recommendations of the committee they set up to make the delegations more sensible and accountable.
Ok, I just did the simple math in my head, so thanks for adding clarity.
Wholeheartedly agree. There is a very good opportunity here to make this place perform much better, although it is going to be painful.