RE: Steem experiment: Burn post #521
mr. smooth , on the next hardfork why can't the burn be automatically be built into the rewards payout. What I mean is there is currently the choice to recieve 100% STEEMpower or 50% SBD / 50% STEEMpower. Why not change the options to receive 95% STEEMpower (or another percentage) and 5% automatically gets burned. This would apply to every post therefore reducing or eliminating the need for burn posts. I really have no idea how the SBD peg works or why it's broken but perhaps there could be a way to also distribute the SBD reward option to be Mr. Potatofied aka sent to the internal market and changed to STEEM etc. Can't these 2 activities be built right in and automated directly into every post payout? If anyone does not like the rewards burn they are not forced to post here and there are bills to pay. I'd rather that option than see burn posts and a bunch of Mr. potato heads on trending. These votes should all be going to new members , minnows and consistent quality content posters. These current actions are artificial and are just band aids on a much bigger problem. In addition the optics of these posts cluttering the trending page is not pretty. We need more organic interaction or this is all being done in vein.
Anyone can do this now using the beneficiaries feature.
For example, @steemitblog makes their posts with 50% going to burn (@null) and 50% going to SPS funding (@steem.dao). I'm sure they get more votes as a result (I know I vote for their posts and wouldn't otherwise).
There is no reason other people can't make better, more appealing burn posts than mine or potato. I'd even vote for them.
Some posters try to have their cake and eat it too by sending a tiny amount (say 3% or 5%) to @null while keeping most of the rewards, but that doesn't really work as it isn't enough.
yes, I see you can Manually set those rewards to the beneficiaries but my thoughts are to make that automatic by default. So every person posting will have an agreed upon % of rewards sent to "null". We are currently discussing creating more "compelling" burn posts. I appreciate you discussing this and I have a better understanding of the situation and reasoning behind these posts.I'm hoping for a recovery of the economics. Perhaps the SMT's and communities will arrive just in time to turn this around.
Sure, there is definitely a lot of richness missing from the user experience, including ability to have defaults on things like beneficiaries. Hopefully over time that can be improved.