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Currently, downzaps go 70% to the territory founder, 30% to the rewards pool.
This is pretty misaligned because the territory founder is paid for attracting bad content in a way. We plan on making 100% go to the rewards pool which is better. I'm not sure if the downzap proceeds going to SN is better than that. The rewards pool kind of allows incentives to diffuse.
Downzapping reduces the visibility of a post, but it doesn't have a big effect unless multiple trusted users downzap.
For No Trust November, this will change. I'm thinking outlawed = downsats == max(1000, 0.3 * upsats). 0.3 * upsats is because it's the sybil fee paid for the upsats so far. I'm also thinking we allow downzaps to decrement the displayed sats awarded to a post so that they also convey a social signal.
Boosts will similarly be changed so that the effect is identical to a self-zap from a sockpuppet, ie boost of 30 sats will be equivalent to a 100 sat zap from another account. Boost will still allow for pinning but only for a week. And, when territory founders boost their own posts 100% will go to the rewards pool.
21 sats \ 3 replies \ @supratic 17h
I'm not sure if the downzap proceeds going to SN is better than that.
You can just remove the reward pool and the downzap proceeds goes to SN. It make much more sense. The incentives to join and stick around shouldn't be monetary, or at least should not bet her first reason one come over here. Maybe the third or fourth reason after, 1. Great, supportive and fun community, 2. Valuable unique content/signal 3. An amazing text-editor I know sox is building for writers... then zaps
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10 sats \ 2 replies \ @k00b 17h
Rewards will change with these other changes.
The rewards pool is the only direct incentive for zapping that we have. We're thinking of making the rewards pool only go to zappers again.
Most people do not zap absent direct incentives. Signal cannot be distilled without zaps. More zaps, more signal. If the rewards pool can incentivize more zaps, it's worth keeping.
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SN users and SN rewards = Dog eat dog šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚šŸ˜‚
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great, let them keep competing for 1 sat zaps (coming soon to SN!)
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21 sats \ 0 replies \ @k00b 17h
Most of this is up in the air. I'll try to create a discussion at some point and get everyone's thoughts.
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