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General Discussion / Is there any downside to rewarding the voters?
« on: April 05, 2015, 04:21:36 pm »
In vast majority of PoS coin, when you stake your coin, you get something back, it might be tiny like 1% annually. But in Bitshares, when you stake(vote) for 101 delegates, there's no reward associated with it. So a lot of people might not bother to vote, especially those who are new to the community and don't know most of the delegates, they don't have any incentive to spend time to research delegates and vote.
So is there any downside to giving a financial reward for voters? Similar to the interest on BitUSD.
For example, for every 30 days you have voted, you get 0.0001 BTS per delegate per BTS you voted?, so for a person with 1M BTS voted 101 delegates, he would be rewarded 101 BTS every 30 days
So is there any downside to giving a financial reward for voters? Similar to the interest on BitUSD.
For example, for every 30 days you have voted, you get 0.0001 BTS per delegate per BTS you voted?, so for a person with 1M BTS voted 101 delegates, he would be rewarded 101 BTS every 30 days