Then I'm out

Would even prefer for 98-2, as content adds value.

But I'm just plankton

Yep, Whales (also known as legend accounts) have me for breakfast, lunch or dinner. So why even bother posting about this subject? Well because I think I am not alone in this and also some more well known Steemians might move house. ,Dolphins_, you might call them, somewhere at Hero and Super-Hero level. The ones that I enjoy their publications of. Many of them who landed here just like me in early 2016.

No, I stay away from the trending page, just like I dislike watching adverts. It is a bot thing you know and those voting to get a part of the 25% for curation. It is part of the game, one can choose to stay away from. But to change the potential payout split from 75-25 to 50-50 is going to hit everbody who publishes at Steem. This is mainly an investors thing, as I have come to understand. Because they have put some of their own skin in the game, as a Steem Power investment.

Sure I can understand it, but what does add potential value to that investment? Without publishers that gain attraction Steem would lose attention and the value would drop. And I do not see Steem succeed on investments only. So, we are all in this together, it is a co-operation on a blockchain. But without fresh attention attracting content it would lose its core reason for excisting. Then it would just be some Legend level Steemians bot controlled self upvoting accounts.

Dividend on Steem Power {SP}

The holders of SP, investors, already get a slice of the newly created Steem. Even if they would not be curating this would add up quite nicely. The bigger the amount of SP, the higher the chunck of the 25% curation reward of the post payout. Adding to the Steem Power already in wallet. And so forth and so on. What I want to point out here is that investors/curators already get rewarded nicely for doing so. Yes, I know it sucks when Steem started to drop in value, but that also influences the publishers.

Some publishers also have a lot of Steem Power too. And every Steem held as SP generates more Steem Power. But, they already share 25% of their post payout with those who curated it. And thanks to a kind of dividend on SP they get some compensation for that. Less than with a 98-2 deal probably, but we are all in the same boat here, so 75-25% might be an okay deal. Where as I see 50-50 as just a good deal for huge SP holding accounts. It will be bad for the whole Steem platform.

Does it matter?

Well, I could review my witness votes. And maybe you could do so too. This might be some witnesses though who signal that the payment per block and the dividend on held Steem Power is too low for them. Meaning that they have to cut into their own flesh to keep things going. That is actually something I could understand. Just like a different Power Down cycle, maybe a more dynamic one.

Maybe with changes like 50% after the first week, 25% after the second and so on. Or different values, and with a limit on the first 7 weeks. Still adding up to 13 weeks in total. And maybe part of the newly created Steem need to be going to the witnesses and the stand by ones. Kind of how Teleos is doing it. It maybe worth looking at how other DPOS {Delegated Proof Of Stake} blockchain handle it. If it is good, copy it, if it is bad, forget it.

Tweak and keep

And I would be okay with a higher reward for Witnesses. Or even going for a different inflation rate setup, going to 12% for instance and then drop by half a percent a year. Where a bigger chuck of Steem goes towards the Witnesses and the stand by ones. Maybe raising the virtual dividend on holding SP to 16% a year, relative to the reservation for this. There are some numbers that can be tweaked like that, I think.

The market price for Steem is probably not even going to change that much if these tweaks have been done. Yet it could help the co-operation on a blockchain move forward in a healthy and steady way. But drasticly changing the payout percentages from 75-25 to 50-50 is a huge cut for the income of the publishers. They who create content add value to Steem. Investors can earn dividend on their SP and then some more by curating. Especially by deploying upvote-bots. Going 50-50 will have lot of Steemians move house, me included.

Have a great one!

Steem could go to 12 USA$, I once thought.

Digital drawing cc-by-sa @oaldamster