About volumes and improvements on Steem

alexvan(79)
Published in
#steem
Words
306
Reading
2 min
Listen
Play
7y

image.png


Hello,

you might know and have noticed that I see it as positive that there are different tokens on the Steem blockchain, even if they are centralized on steem-engine.

It is a step forward this wonderful economy and in the end can bring a lot of value to the chain.

Not all are useful or have an inherent value, but there are some that compensate for it. I see everywhere the Pareto principle. Maybe not exactly at 20% to 80%, but not far away. This 20% we need to foster to grow.

If you check the total volume you will see that we are only at the start as the highest traded or better said bought token is a miner token and has a volume of something of 18k $/day. And this is an outlier as the next are somewhere at 2k $ to 1k $/day.

This volumes are not that relevant for the crypto world, but very relevant for Steem. It shows that there is some kind of activity and the drop in active users can be stopped with new incentives.


Let's face it, most users on Steem are leaching and not investing. This is the harsh truth. If we would have a switch and people would stop leaching and start investing or compounding we would have a bigger value of Steem.

The token market would also grow. We have now mostly sellers of airdrops or tag abusers. If all would stop selling and keep their tokens stacked for a couple of months or trade with them, the whole network would benefit.


Regarding the growth value I might have 2 extreme ideas:

  1. Stop printing Steem with the exception of Witnesses. Incentive only with the tokens, but yo should need Steem to operate tokens, transactions,etc.

  2. Add a fee to PowerDowns.

Thank you


discord.gif

About volumes and improvements on Steem | Ecency