since voting ranking (or even votes received) is not proportional to value add, this might not work.
100% delegates are supposed to contribute 33x more to the network than a 3% delegate. However, the #1 voted delegate is not expected to produce 33x more value than the 101 delegate. The "business model" of the delegate sets the payrate, but the binary "approve/disprove" gets them to execute the business plan.
I agree. Much better system to have it the way it is.
Is there a central delegate website that lists all the 'business model's as well as maybe a place to have weekly reports? That would be nice to have.
Only around 30 delegates are being paid 100%? Why so low? We should at least use multiple delegates to pay and incentivize developers since $ prices are so low.
Are transaction fees being burned? Why? Revenue should all be put back into the system. I mean we should be very selective with who to select, but we really need to fund growth.
I would use delegate pay to fund a referral team. The team would be primarily used to fund referral programs and oversee quality. I'll discuss this further on the other referral thread..