In this clip we talk about LEO inflation and where its being paid out to. Many have asked us if Threads has or will have a separate inflation pool on LEO. In short - will we divide the current LEO Rewards pool in order to pay Threads Microblogging content.
My answer to this has been a resounding "no". At least, "not right now".
I don't see the need to divide the rewards pool between posts and threads. That would presume that there is a problem in getting LEO Curators to vote on Threads or vice versa.
Right now, there is actually a very natural shift of voting between posts and Threads. I've been following the data that we have on who is voting on Threads vs. Posts and what % of their voting habits have been going to each.
The natural breakdown is turning out to be very healthy for the LEO economy. I even saw @edicted jump in Discord chat and mention that he is earning less and less LEO on his posts than before but how he thinks that is a fantastic thing. LEO is getting spread to wider and wider hands.
@anomadsoul has been running incredible initiatives like LPUD - LEO Power Up Day (on the 15th of every month) - and we're tracking a lot of data that shows the middle-class of LEO holders is continually expanding.
In just the past few months, we've added hundreds of new LEO POWER holders. Whales are losing strength to this middle-class and that is a fantastic thing.
Gone are the days when certain authors earn all of the LEO for themselves and the middle-class gets little-to-nothing. Threads evens out that playing field in a lot of ways.
In this clip, I dive into some of my ideas around this:
- Idea of dividing inflation between threads and long form - Incentivize threads usage by making it hard coded or let users decide? Value in separating reward pools?
- Voting is some sort of governance on LF
- The vision is to provide the tools and let the users decide what to do with them, not enforce anything with code but with tools
- If user behavior is not focused on threads then we can look at code tweaking
- Voting on threads enhances your influence with separate pools, but dividing pools is not the way atm
- Natural shift of whales from posts to threads - might happen
- Dalz stats - what % of rewards are paying out to threads vs posts - threads % increasing?
- Onealfa, khal, many whales are focused on threads
- What % of the reward pool goes to threads in an ideal world? 10, 15, 20?
- Long form is how LF was born, you don’t want to neglect it
https://images.hive.blog/DQmTXsVnxYGZyRsnSEi4JqHhyzKF6m3Dd1RHT5Nyws5szYf/image.png
About LeoFinance
LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage & share micro and long-form content on the blockchain while earning cryptocurrency rewards.
Our mission is to democratize financial knowledge and access with Web3.
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Join Web3: https://leofinance.io/ Microblog on Hive: https://leofinance.io/threads LeoMobile (IOS): https://testflight.apple.com/join/cskYPK1a LeoMobile (Android): https://play.google.com/store/apps/details?id=io.leofi.mobile Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 2.8M HP Hivestats: https://hivestats.io LeoDex: https://leodex.io LeoFi: https://leofi.io BSC HBD (bHBD): https://wleo.io/hbd-bsc/ BSC HIVE (bHIVE): https://wleo.io/hive-bsc/ Earn 50%+ APR on HIVE/HBD: https://cubdefi.com/farms
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