RE: Forum steem
Reply to SPS Inflation Funding Split Proposal
Regarding the proposed funding split of 65, 15, 10, 10, I would like to appeal to witnesses to reconsider this. firstly 10% to SPS is a bit high especially with all the talk around how it can be gamed, hence the 10 SBD submission fee etc. It is largely unproven so 7% might be a more prudent starting point, also @trafalgar and I really feel vesting interest should be reduced, and he asked who is fighting to keep that intact anyway? As I have said before, no external parties even know about it, even the latest indepth article about Steem on bravenewcoin.com didn't even mention vesting interest, the UI doesn't show it either so not sure what the point of it is from an investor attraction standpoint, there are always other delegation tools and markets that can earn you far in excess of 1.8% pa anyway.
I also think 1% reduction from the witnesses is a good PR move in solidarity with the community.