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RE: Steemit Roadmap 2018: Community Input Requested
Remove the STEEM Power delegation function. It not only reduces user demand for STEEM on the open markets, but it has also created another avenue for widespread mismanagement and abuse/exploitation of the collective and limited reward pool.
What about groups like steemstem that partially (or even fully) depend on delegation?
When one minnow votes s/he gets the entire reward pool for that vote.
When one minnow and one whale vote the whale gets most of the pool and the minnow gets next to nothing.
Enlarging the numbers do not change the ratios.
Whales delegating sp that previously was not getting voted is what made my vote go from a dollar just after the hf to a dime today.
The only out I see is if folks with more than 35mvests don't vote, then all the little votes grow in influence and the little voters have a reason to be here.
Otherwise it will devolve into only the 'whales' circle jerking each other and the price will tank.
#m2c
Why are they so dependent on delegation? And if I recall correctly, SteemStem was operating fairly successfully long before delegation began.
so that votes of the main account are more powerful. This helps us gain curation rewards that can be used for projects.
and I would say overall its doing better than it ever has before