Should We Divide the LEO Rewards Pool to Allocate Threads & Posts?
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
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Why not make another token specific for threads? You also sell miners !LOLZ
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I honestly think of this opinion too, but I think still having Leo token for Leo threads will also increases the Valid of Leo token
The new token can also bring benefit to leo token. We just have to work on tokenomics.
There r multiple stock examples from parent company that benefit them.
That is definitely a good one to look into in as much it will add to the value of Leo token in the market too
Considero que después de hacer un estudio pueden replantearse pero no dividir, han funcionado y siguen funcionando, Dios les bendiga por ese gran trabajo.
Not sure if this is a good idea as it might damage the fungibility of leo while lowering the utility and increasing the complexity. Need to think on it more though.
So far I haven't seen any change in the thread side of leofinance. I wonder what it would look like if microblogs start getting some upvotes. But then again you might be right, but it might be worth a try for about a week...
Bad idea, if you ask me. Reward pool is working fine as it is. Taskmaster has hit some posts with 100% upvote, it was an accident but it did happen.
Devaluing long form is really bad idea. Leofinance is not tiktok to approach content with same mindset. Long form is why people come to leofinance, to read about finance content.
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