Relevant clips from 6-8 Hangout (part 1) ...32:22:
fuzzy : How will wallet host be compensated?
32:59:
bytemaster : Wallet host will end up registered the most users and will be compensated by the referral program.
33:35:
bytemaster : All migration paths are documented on BitShares website. If you can't find an answer post a question on the forum. Short answer, every delegate who is 5% and below will be migrated as a Witness only. Any delegate over 5% will be migrated as a Witness and a Worker. And all initial delegate positions will be held by the developers until others are voted in. In the new system delegates have control over proposing changing transaction fees and blockchain parameters.
34:34:
bytemaster : The referral cash back system is the centerpiece of BitShares 2.0. The idea is, we have different type of accounts, free regular user accounts do not qualify and pay transaction fees (approx 20 cents). Another account is a lifetime member, pays one time fee of about $100 (fees can be changed by delegates), gets 80% discount on all fees (cash back), can refer other users and get 80% of referred regular user fees. System cannot be abused. Target is to have half accounts lifetime accounts, half pay as you go users paying full transaction fees.
38:03:
bytemaster : We also have an Annual Subscription Membership where you pay a $20 fee, get 50% off all transactions for year and 50% of referral income from referrals.
38:30:
bytemaster : Every fee you get in a cash back must vest for 1 year. Incintive structure could be compromised otherwise.
51:46:
bytemaster : It's designed to be profitable and the cost of user acquisition below the lifetime value of each user and in the long run should be deflationary, there is a fixed supply and spending limit. It should bring future fees into the present from users upgrading accounts. It should bring economic incentives to migrate users in bulk for merchants.