RE: It's time to start paying attention to Steem
SP can be “powered down”,
then why is it that many users are hodling?
it makes the platform look like monopolized specially when one gets to join and see how it works voting on one's own posts or comments
it also makes it look like you need to keep Steem or earn less even if your posts provides value
one experienced investor's few questions about it are ... why would you need to have so much SP just to have that much weight of voting influence? What good of an investment it would be if you can't sell and profit from it when the price is ripe ? How is this community different from the blue pill holders which empowers those who have more as well?
Would the reward pool be refilled during the HF20 like it did during the HF19 ??
I hope you get to reply, thank you very much.
PS upvoting my comment for visibility
The reason that influence is based on the amount of SP held is explained in the Steem whitepaper.
You can calculate how much an upvote is worth based on current conditions using this calculator: https://www.steemnow.com/upvotecalc.html
There are multiple ways to handle this. One would be to have some liquid STEEM ready to sell, while keeping the rest powered up. Otherwise, long-term holding is an option too.
I'm not familiar with that protocol, but the Steem blockchain is designed to empower those who hold more SP tokens more than those with less.
There are no changes to the rewards pool planned for HF20. You can read all of the changes here.