Laying It Out, Again

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(Edited)


Delegations have been a hot topic during the past couple of days and the discussion surrounding them has been interesting to follow.

@bitcoinflood made a brilliant post yesterday which has kicked off the discussions and it's been well received by the community. Make sure to check it out.

Since I have a sizeable delegation from @proofofbrainio, I felt like it would be wise to give some insight into my efforts here within the Proof Of Brain community for others to comment on or raise any concerns. I've not dug too deep into the causality behind the delegation or how others feel about it, so it would be great to get some feedback.


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image courtesy - Clem Onojeghuo



I received the 5000 POB delegation about 14 days ago and a couple of days after this I shared a post called Who's Rewarding Who?.

In this post, I laid out some of my decisions for voting and selling tokens while also highlighting a train of thought for the 50/50 author/curation reward split.

The four main decisions that I shared were the following;

  • 95% of my votes will be exclusively made on the POB front-end (this has held up to be valid over the past couple of weeks, I believe it's around 98-99%)

  • I plan to sell 5-10% of my rewards on the market to hold some liquidity for future buying opportunities (my plan now is to only sell rewards gained on a Saturday, the rest will be staked or used for WOTW)

  • I'll put up the 175 POB per week for the POB WOTW Contest (this has been increased to 350 POB per week and I'm planning to increase the winning positions to 5 because of the contests recent activity, the prize fund will likely increase to 500 POB)

  • 5% beneficiary will be added to every post towards pob-fund (this is back up to 10% per post and will increase as my stake increases)

I'm content with these decisions and I'm more than happy to stand by them, although I'd like to look further into my voting habits to increase the distribution of the token to more members.

At the moment, a portion of my voting goes to replies I receive, typically at 5 or 10% vote weights, but this could be seen as favorable voting since these are people with who I regularly interact (for the most part).


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I allocate the rest of my votes daily on other posts in the main POB tag and on quality comments in these posts. My vote strength rarely drops below 85% and never below 80%. My typical vote weights are the following:

Comments

  • 5% - genuine response to a post/comment
  • 10% - as above, but further adds more to the conversation, sparks discussion
  • 15-20% - as above, high-quality response, thoughtful, or if the person is new to the community I'll give the vote a boost
  • 50-100% - important message/view that I think deserves attention (very rare)

Posts

  • 25-33% - decent post, useful info
  • 50% - an interesting read, personal touch
  • 75% - great quality post, personal touch, originality evident
  • 100% - excellent quality, fresh perspective, superb information

These are my own metrics on a rudimentary level and somewhat show how I decide to apply a vote. This isn't to say it's the exact guidelines for why I would vote a specific amount.

I much prefer posts that have a certain authentic nature and provide a look into how someone thinks or feels, that's just my preference.


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I've started to give out delegations to people I've seen interacting and engaging with other members of the community. These delegations are for two reasons;

  1. The tokens will spread out further to others who I may not interact with
  2. I want to be able to support those who are active and engaging with others

These are going to be delegations in the range of 100-500 POB and I'll likely swap them up every couple of months so that more people have opportunities to grow their stakes to a solid position. I think the best way to approach this is in a 'delegation matching' method.

For example, someone says they'll stake 300 POB by the 1st of May, if they make it, I'll match with a 300 POB delegation for 2 months.

This shows that people are willing to commit to the platform and are strapped in for the ride. That doubling of the stake is a great boost at the right time.


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In terms of the POB WOTW, I am very pleased with the responses and I'm enjoying the buzz that's been generated from it. I'll be continuing the prizes for the foreseeable future and making the changes as of next week for what I mentioned above.

The post on Sunday will also have some new information about the following week's word being shared in advance. This is to give an opportunity for those who can't find the time or inspiration for the current word. It should increase the quality of posts even further as well.

The plan is to stick with the current guidelines and keep pushing at the engagement element of the contest although there will be possible changes down the line that may deviate from the standard 1st, 2nd, and 3rd, style of winning.


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I think that's pretty much it.

I'm open to heavy criticism and suggestions. The platform is barely walking and we've only just passed the 400K total tokens issued so there is plenty of room for improvement.

Let me know what you think and I'll be sure to respond as usual.





Visit the Ongoing POB Discussion Thread to find recent posts about important POB-related topics.
I know, we need an update.


Don't forget to write your post for this week's POB Word of the Week!

There is 350 POB (liquid) up for grabs. That's about 248 HIVE at today's current price.


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Delegation is such a complex dilemma, and very much depends on what you ultimately want to achieve on Hive. Being active takes a huge a amount of time ~ Some people are just too busy with their "day jobs" to search and read articles here. For them, perhaps delegation is the best or ONLY option... 🤔

In the past, I have tried doing quite large delegations to the best known curation whales! However, after a few months I felt that I had lost control of my own account, and decided that I wanted my Power back. My HP is not huge, but it's MINE 😎

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Everything on these platforms seems like a complex dilemma, lol. I guess that is what to expect when 'money' enters the mix. Good to hear that you've taken back control of your HP bud. I removed all my fanbase and curation trails on this account when I returned and I just do it fully manual now, takes some time but it's as honest as it comes.


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I'm glad to see the rewards of the 300 delegate POBs won from you. Currently I have an accumulated 325 POB. The delegations are good because it helps a person to heal and support the community and grow with the community ... The metrics used to heal are very good ...

Thanks for your support
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Congratulations @calumam! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s) :

You received more than 8000 upvotes.
Your next target is to reach 9000 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out the last post from @hivebuzz:

Hive Power Up Day - May 1st 2021 - Hive Power Delegation
Support the HiveBuzz project. Vote for our proposal!
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superb demonstration @calumam . i like the integrity and the credibility that is being established on the platform.
as for suggestion:
I Think that we should have a sub tags for pob's like : pob-life , pob-culture pob-business , ...
therefore, we can grand more members and frequent use of these tags will spread the community activity further more


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It's the first post that I've come across the Hive ecosystem that lays out the technicalities of voting, delegation and reward distribution as well as the construct / thinking pattern behind it. So far I've only come across posts about hard fork 25 , some cluttered and confusing ways of distributing rewards across frontends etc. This is very helpful @calumam. Have bookmarked it!


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Right? Was actually thinking I should probably change my voting habits as more often than not I just vote 100% (also because my votes aren't spectacular anyway so I hope that way I can give something really) it's great to see someone lay out their actual strategy and the thoughts behind it.


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Cheers @kriszrokk, glad to hear it was helpful for you, it definitely wasn't my intention to make it that way, lol. I was just trying to get as much info out about my voting strategies so I can free up some more space in my mind.

I think because I use this front-end exclusively and just interact with the community here, I shut myself off from a lot of the typical HIVE goings on. It's a blessing and a curse. I should try to find some balance.


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So many wonderful users on this platform have created so many awesome initiative that will keep making this platform to grow...


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With the (limited) knowledge I have at this moment I don't really think the delegation feature in and of itself is a problem but that it CAN cause problems in certain situations where too much, ends up with too few accounts that aren't doing the right things with it.

Ideally people delegating will at least check who's behind the account or what they're doing with it/what the aim of the project is. And after delegating also manage it; as in check every now and again if it's still doing what they set out to do and not abusing the delegated power.

As the platform is growing there will be many more users, some who will find the time to learn and do their own curation, many who don't and rather delegate and a few more setting up projects to use delegations.

With more projects running there will again be more diversification in how curation is being done and it will simulate/approach how the user base would like to see the content curated, or at least that's how I imagine it would be..

The transparency you show in this post, how you go about curating and using the rewards is probably something all projects accepting delegation should start doing, as a sort of best practice. It's great when you at least have some communication about the project to build trust with the people getting involved with it.


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it CAN cause problems in certain situations where too much, ends up with too few accounts that aren't doing the right things with it.

Yeah, I think this is the main takeaway from it all. It's helpful and often needed to provide the extra 'manpower' that's required to reach a larger amount of posts etc, although it has downsides if it's not monitored somewhat.

When it comes to transparency and sharing, I'll take the compliment but it's as much for my own gain as anything else. People can dig into your interactions on the blockchain with relatively fine precision.


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True, this will also evolve and people will learn and evaluate and more projects will start curating so in the end many projects will be curating with the delegations of many many more users. If everything grows it will be better balanced I think.


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Posts
25-33% - decent post, useful info
50% - an interesting read, personal touch
75% - great quality post, personal touch, originality evident
100% - excellent quality, fresh perspective, superb information

@calumam I admire your transparency and the way you pass interesting and useful information via your posts....


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Cheers bud, I just mentioned in another comment that the transparency is as much for my own gain as it is for others to see. The thing about the blockchain is that every one of your actions is out there for the world to see, always best to be aware of that.


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(Edited)

Jesus. That's complicated. It has to be this way, because you carry responsibility, but I don't envy you.

I have a very complicated system too:

  1. I like it? I vote it!
  2. The end.

I guess at some point, I will have to work out a better system, but I'm pretty happy with my simple life right now.

Browsing a little bit of POB, finding about 10 posts/comments I like, giving each a full upvote and leaving the town riding into the sunset on my trusty old donkey.

Edit:
Btw. How did you get those seperating lines with the POB symbol? Are they selfmade or is there a markdown code for them?


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Seems like it's pretty complicated with how I've laid it out, it's fairly automatic for me and I usually get to plenty of posts during the day to read for fun. It's just a case of having some kind of framework there for why I vote what I vote. I've got my routine and it works for me.

That's just a little divider I made up a while ago, feel free to save it and use it however you like bud.


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Makes sense. You're probably just following your intuition but it takes a lot to put it into words for others.

Thanks. I might pick you up on that offer. It looks so natural in the frontend, I thought it was part of the theme. :D


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It looks so natural in the frontend

Simple is usually best! From day one I wanted my posts to show that they were done on specific front-ends. I changed the colours for my posts on CineTV and made a simple divider for there also. Just a little thing to help with the design. I like things spaced out and formatted neatly also.


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Nice. I admire people who have an eye for such things. Even your profile pic is very minimalistic and clean.

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(Edited)

I vote whatever the fuck I feel like!

Voted you 50% because you scared the crap out of me

Chill out dude, have some fun....

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I get you and cheers for reminding me that, lol. Easy to get caught up in this shit and lose sight of the fun.

I'll be honest though, it's all pretty automatic for me, and I get round to posts which I enjoy reading on the daily so the fun is still there. My main reason for laying this all out was due to the delegation. I shouldn't really give a fuck what people think, but I'd rather be a step ahead.


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I still don't know where I can look at the delegations, last week and thank God I was on the winners' podium and I read that there would be some delegations but I still don't know where they are reflected, I am still committed to reaching my goal of 1000 POB blocked and just starting with 23 POB that I had a few weeks ago, I have just over 200 and will continue to Block more POB until I reach the goal! hence I will rethink a second goal that is at least double at a given time!


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Oh, well because you came 2nd you received 100 POB in liquid, I transferred it to you straight after the post was published.

Best of luck with your goal of 1000 POB staked, bud. I have no doubts that you'll get there.


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If I'm sorry, I misunderstood and thank you friend, little by little it is going up and it is only a matter of time and a little perception and I will be really happy when I reach that goal, and I will only get the impulse to go for another!


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I think there are good delegations and there are bad delegations. The 'proof-of-brain' is in choosing the delegation that improves the community rather than one that only seeks to maximize returns.

Just like in real life, we make a decision to donate to worthy causes such as poverty alleviation or cancer research. So now more brains are no longer restricted by capital and can thus improve society better and faster than any single brain can.


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(Edited)

So now more brains are no longer restricted by capital and can thus improve society better and faster than any single brain can.

Well said. I've found that the delegation has improved my ability to help others grow their stakes more than anything else. Yeah, it's great to be able to grow my own stake alongside this but I am not out to maximise my earnings or stake and I see much greater benefits in getting others into a solid position here too. It takes a village.


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Thanks for the transparency. I think that you're using your power wisely and making a good job of growing our community 👏

This is why delegations have huge potential! I believe it's just about who you're delegating to that matters, and I personally think that poeple who are not using their power should consider delegations.


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(Edited)

Cheers @crazy-unicorn, much appreciated. Everyone is different at the end of the day and I'm not going to go out and say that those with larger stakes should use similar methods. I do feel like help is needed for those who are putting in effort outside of just voting, but that's just my opinion and what I think is beneficial to the success of the overall platform.


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I mentioned this on @bitcoinflood 's post as well as @amr008 's post. Delegations are necessary. We cannot expect @proofofbrainio to curate 24/7 to distribute POB tokens. Delegating lightens the load. Yes, it could leave things open to abuse, but if that was the case, the delegator can just take back what is theirs. In order to grow from this very early position, delegations will certainly help put more POB in more accounts and leave curation to more accounts and spread more wealth... all good things.

I appreciate your transparency on these matters.


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We cannot expect @proofofbrainio to curate 24/7 to distribute POB tokens.

Definitely, this is an important point and something that has popped up a few times before. If you are manually curating with such large votes, you're constantly under pressure to allocate those votes in a responsible way. Some may say that it's not that big of a deal, but I beg to differ.

Responsible distribution of the tokens is priority numero uno, in my opinion.


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How were you able to secure such a large delegation? That is incredible


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Couple bottles of wine and one hell of a night, the next day it was allocated to my account.


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I believe you deserve every bit of the delegated POB to you from @proofofbrainio and deserve more if anything. You have been great on helping the platform grow and I appreciate you upvoting content on POB front end as well as everything else you do for our POB tribe.

I am also only upvoting POB content and powering up all my rewards. Almost at 1k POB. Just haven’t had the time to post as much as I would like to. But I still curate and try to engage with posts daily.


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Thanks for the encouraging words @californiacrypto, I'm really enjoying the platform and I'm learning a lot about myself and others in the process.

Keep up the staking mate, you're doing a great job.


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I liked the idea of matching a stake, means people get a bit of skin in the game but also a boost as well.


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There aren't many downsides to it, at least from what I have considered. The only real issue is finding people organically and getting the timing right.


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I think @proofofbrain clarified somewhere that he is giving delegations to people who are adding value to this platform.

Rewarding people for their contribution is the core essence of "Proof of Brain"

Since you add value through content creation, distribution of rewards (on comments & posts) in a decentralized manner, and helping others to find their way - it makes sense that you are one of those people who got it.

I plan to sell 5-10% of my rewards on the market to hold some liquidity for future buying opportunities (my plan now is to only sell rewards gained on a Saturday, the rest will be staked or used for WOTW)

Btw I really liked this strategy. May add this or a variation of this in my "Cool Strategies Box" :D Cheers!


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Glad you found some use in the strategy @finguru, it keeps it simple and means I don't have to mess around with too much data. Plus it makes it easy to follow and if I want to change it to a different day it's not as big of a problem for me.


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Love to see how both community and token try increase impressive and i believe great initiative such as POB-WOTW will increase more engagement in community and all curators doing great as well to encouraged others keep their consistency and produce quality content


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dang.....I've had delegation tons of times and honestly sorta feel pretty "live and let live" on most things so the fact you laid out a roadmap is a cool take. I feel like if @proofofbrainio deemed you good for a delegation then awesome, more power to you. ;)
oh and most who are gonna give ya' some noise are in some cases maybe jealous they aren't making as much/deli etc.
take it ez,
Axey


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Ah yeah, it does have a bit of a roadmap vibe. It's not completely necessary, just gives me peace of mind from the characters that you pointed out. Always good to be a step ahead in that way.


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VERY agreed sir, crypto is chaotic and things are not always what they appear so am always down for roadmaps as long as they aren't so long and complicated that the average user is like........say what?
OH I made a happy POB post :P more of a rap song, maybe I'll get on voice and sing or rap it so people can laugh, it's a rare commodity some days


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I'm gonna be over to give it a deek in a short while, I just saw your other comment, good to see!

so people can laugh, it's a rare commodity some days

You aren't wrong there. So many miserable cunts floating about.


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