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RE: PROJECT HOPE ECONOMY EXPLAINED [2021]
The way i understand it you you are supposed to set the rewards to 50/50 and then you can sell the STEEM and need keep the VEST.
Not that there will be much left if you follow all the rules:
50% goes to the curators.
25% (half of what is left) goes to the @project.hope
12.5 % (half of what is left) will be payed out in VEST.
12.5% is the share you can sell.
I only wanted to mention that having liquid assets is a huge advantage if market conditions change quickly. (And crypto markets are changing fast all the time.) For example, if a crypto surges from $0.8 to $3.2 in days and you can't sell because you staked it all, may be a disadvantage.
(Not really my problem, I have a part of my cryptos in exchanges.)
I understand that @deathcross
However, from my point of view supporting people who would sell all rewards instead of growing their HP is absolutely pointless. I've done it for first over 1 year of existance of Project.hope. And after a year, hardly anyone within PH would grow their voting power.
In my eyes, my efforts were going nowhere. Not only as a community we didn't grow, but also all earned tokens were dumped - creating more selling pressure and decreasing value of my STEEM holdings.
Hopefully you can see it from my angle,
Cheers, Piotr
(Another side effect: I better leave my 2,000 Steem on Binance for the case the price skyrockets suddenly. Anyway, I have 3,000 on Steemit.
But that is the way of thinking of an investor, not of a blogger or blockchain-enthusiast.)
I understand you now.