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RE: Steem experiment: Burn post #521

in #steem5 years ago (edited)

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.

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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.