RE: Running on Batteries
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Thanks!
Ok, so I wonder if it is better to keep more vouchers. No idea how many I will need in the future, but I bought some DEC-B with some and have about 500 left at the moment - earning more each day of course. Guess it is something :)
Seems like it is going to be far more a benefit to the whales (especially early ones), giving them more advantage with Land over others? Now there is also the possibility for "unlimited" card staking coming? That is going to be an interesting one - since again, that is going to favor a very few over the many....
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You should keep some vouchers. There is a promotion or two that is already 'half-announced' that is in the horizons near terms. Also you have hundreds of vouchers, not thousands. So better to keep them and do nothing.
Yes, land will have higher benefits for the alpha card holders. Its sad, but there you have it. They keep doing that, but as long as they balance it (which they are generally good at) it should be okay.
The trouble with all this is the fact that we are still very tiny
There are big numbers, but I will round up and make them legible. Due to two reason, buttering the early players/investors; and making new comers struggle have done the above top heavy stakeholding. This is typical of DPOS/POS systems.
There are 500M SPS staked in 350K accounts (rounding). That should amount to only 1428 SPS staked/account, for a perfectly even distribution. But you can see how top 10 stakes 13% and top 200 stakes 50%.
So 200 people control half the staking (therefore, governance, and staking benefits)!
Often I comment, that we are 5000 individuals rewarding ourselves. I am infact grossly exaggerating. I should comment we are just 400!!
Thanks for the simple breakdown of sps and dec batteries! Learning form comments and people efforts!
!PIZZA
Ok, I will start just collecting vouchers again instead. I don't have much Land anyway :)
Thanks for the explanation.