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RE: Hardfork 21 - Steem Proposal System (SPS) + Economic Improvement Proposal (EIP)
So effectively, we’d really be changing from 75/25 to 45/45 rather than 50/50, i.e., author rewards would be falling even more than most people realize?
That is a disaster for smaller accounts, as they can´t get out much of curation either!
Did nobody consider, that Steem´s future is dependent on the - now - small accounts?
The math works out a little bit differently, but basically yes. As I said in the post, a "more than 50% reduction".
You’re right.
Currently, 0.75x0.75 (authors) and 0.75x0.25 (curators) of inflation.
Post-HF21, 0.65x0.50 and 0.65x0.50
So author rewards would be going from the current 56.25% of inflation to 32.5% of inflation, and curation rewards would change from the current 18.75% of inflation to 32.5% of inflation.
That is closer :) It technically gets even more complicated because 100% of the curation does not go to curators (if votes are placed within the first 15 minutes). But it is the correct line of thought.
Change from 56.25% to 32.5% is only 42.22% reduction.
#sbi-skip