"...pay users to purposefully do the opposite and take liquidity away from the market."
This was YOUR idea. I liked it because it enabled ROI to be predictable, and not dependent on curation, which is extremely difficult to undertake with substantial stake to attain nominal returns. A whale can't read 500 posts a day and upvote enough to generate ROI, and even if they could they couldn't do that without skewing content and imbalancing author rewards towards their biases. We need to let ordinary folk curate the content per their common biases to attract the biggest userbase thereby to grow Hive. Biases of extraordinary coders, or financial wizards, aren't biases the general market tends to share, and draws users from those limited corners of the market, preventing the broader growth of the Hive community. We need more cat pics and memes. We want Hive to corner the market on cat pics and memes, ayliums and conspiracy theories, foodie pics and travelogues, and financial advice and coding help, to actually grow. Fakebook, Youtool, Twatter, Plebbit, all these Web2 platforms are in trouble, reeling from dissatisfaction with their ever worsening censorship. Let's give those folks a home.
If we could move to AMM liquidity pools instead of curation for ROI on stake, I could get behind that. We need to be rid of curation rewards as THE mechanism for ROI, which is the main reason I was for the HBD savings accounts at a yield comparable to curation rewards (15% is too low for that). Now you say you're over it and want to move to AMM liquidity pools. I'm ok with that too, even if it's less predictable than savings accounts. We need to stop replacing curative intent with financial interest to do good content curation. You say we need liquidity instead of savings accounts. Ok, I'm game, but those liquidity pools need to prevent curation rewards like savings accounts did. Hopefully better.
Thanks!
RE: Long Term Goals for HBD Changes (AMM/Bonds Commentary)