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RE: My thoughts on the future of Spinvest
Thanks for the post jk6276, I like the idea of moving @spinvest to dividends, for SPI holders, weekly or monthly. One of the selling points of @spinvest-leo is the weekly dividend. I have another SPUD day coming soon and as always part will go to Leo and be delegated to spinvest-leo because of the weekly div.
That being said moving @spinvest to dividends and @spinvest-leo away from dividends seems to be going in two different directions...
@silverstakeruk talked about maybe a community upvote, maybe this would supplement or reduce dividends....
Just thinking, and as always you are very much appreciated!😀
Hey, the community upvote was an example. I personally do not think that an upvoting service is best suited for SPinvest on STEEM. That being said, i think it would make sense to convert spinvest-leo into a Leo tribe upvoting service. There are already delegators in place, some would stay, some would undelegate. ( @jk6276, this can be 80% automated very easily. ) Delegators would get daily upvotes and spinvest-leo would earn curation. No selling any Leo tokens and providing a service for the tribe.
A dividend payment from SPinvest would be Proof of Holding payouts meaning no staking required, just have SPI tokens in your wallet. Were still talking a long time down the road but converting spinvest-leo into a Leo tribe upvoting service could be something to look into.
Posted via Steemleo
Weekly dividends are awesome, and not going away any time soon for LEO delegators. Long term, I think that is the direction the overall Spinvest should go.
That said, running the delegation program is time consuming - and I have no skills to automate any of it.
As to moving spinvest to dividends and spinvest-leo away, this would only be the case if I ended the delegation program at some point in the future. A portion of the leo account earnings would be sent to spinvest and go in to the dividend pot - under this proposal. So dividends would still come, just all via spinvest. That is only if I end the delegation reward program.
Thanks for the input and support.
JK.