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RE: A Vision for Hive

in #hivelast year

Remove Social Rewards

I'd wait until we have something to replace that, mainly SMTs. Once that happens, calling for that is probably favorable, but not right now. We are already seeing how HE tribes are doing great, and something like that baked right into Hive would be amazing. We can see how removing the rewards has affected other chains, and its not too good.

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“Once that happens, calling for that is probably favorable, but not right now.”

That’s why I said this is a mid- to long-term vision. I agree that a replacement on layer two should be ready to go before removing the social rewards on the base layer.

I also believe that community leaders and developers can take the initiative to get things done right now and have systems set up and operating for when the time comes.

Did Leo Finance wait for SMTs? They seem to be doing fairly well with their second-layer solutions.

But I agree that having that kind of tokenization system on Hive’s base layer would be great, in theory. I’m just not sure that it’s practical or preferable.