RE: Investment Test: Steem Interest Rates (and liquidity sinks)

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If a guaranteed ROI equal to curation ROI for doing nothing was available most would just do nothing and youve essentially turned Steem into a a barebones blockchain like Whaleshares that does something similar.
There is a point to curation.
If i understood you correctly i think thats a really bad idea.

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If a guaranteed ROI equal to curation ROI for doing nothing was available...

Literally no part of that sentence is true.

  • 10% of our inflation goes to witnesses.
  • 15% of our inflation goes to interest.
  • 75% of our inflation goes to upvotes.
    • 50% of that 75% (37.5%) is distributed to either curators or @null.

guaranteed ROI equal to curation

The inflation pool I'm talking about is 15%, which is obviously less than half of 37.5%.

... for doing nothing

What do you mean for doing nothing?
You have to lock up coins.

In addition, everyone already receives the inflation for "doing nothing" already to this day simply for powering up. It's literally already happening anyway, might as well add some value to it.

This solution is a way to incentivize users to power down their stake and throw it into the bank account if they don't want to be curators. It would increase the value of everyone's upvotes because millions of powered up coins would be transferred to the bank account, giving everyone more VESTS for each coin they have powered up. There would be far less reward pool abuse because all the abusers moved their stake to the vault where it belongs. The chances of the bank accounts becoming over-saturated and competitive is very high (due to the short 3 day coin lock). It's good for everyone.

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Your comment history is embarrassing. Everything you say is some negative contrary remark. I haven't been taking you seriously for months now.

You've allowed yourself to be ultimately ruled by your emotions, and when the market turns around you'll jump back on the FOMO train and be just as wrong as you are now. Stop fishtailing. kk thanks.

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Bwahahaha.
Let me know how that November bull run goes. And I'm not the one to be taken seriously.😂

The interest is 2% passively.
I understood that you were talking about splitting the vote reward pool in half and paying out equal share to passive holders.
Thanks for clarifying. Lol.

The rest of your comment, youre wrong, and your remarks were not appreciated but not everyone can be a fan , I guess.
Haha.
I'll leave you to your bull runs. 😁

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Bwahahaha.

Haha.

Trolls gotta trollolol.

Never stop primping that pretty face of yours.
It pairs well with all these salty surprises, @lordbutterfly.

#jabaited

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😂😂😂 You gotta play on your strength. I'm no hotshot trader. I can't guess when the bitcoin whales will decide to pump the market.

Yabaited? Troll? Haha. I'm not the one with the douchbaggy dismissive comment, you are.

I'm a good boi with , as you said, a bag full of contrarian comments. Lol.

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It's impossible to pump the Bitcoin market with Bitcoin,
so calling them Bitcoin whales is a little weird.

In any case, the market is going to pump tomorrow for my birthday.
😂😂😂 That's how self-centered I am. 😂😂😂

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I'm expecting a bull run.
I'm hoping for the opposite.

Also, where does the rest of our inflation go?
That leaves 13% unaccounted for.

I remember reading that the passive interest was variable based on some such nonsense. That was over a year ago though when I was actually researching how Steem worked.

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(Edited)

SP holders are also paid interest on the balance of SP that remains vested. 15% of the yearly inflation is paid to SP holders as interest.
--- Page 8/32 of the whitepaper

Right, so when you say 2% you mean 15% * Steem's current yearly inflation rate for the total gains that SP will generate.

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