Should We Divide the LEO Rewards Pool to Allocate Threads & Posts?

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    khaleelkazi

    Published on Jan 26, 2023
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    In this clip we talk about LEO inflation and where its being paid out to. Many have asked us if Threads has or will have a separate inflation pool on LEO. In short - will we divide the current LEO Rewards pool in order to pay Threads Microblogging content.

    My answer to this has been a resounding "no". At least, "not right now".

    I don't see the need to divide the rewards pool between posts and threads. That would presume that there is a problem in getting LEO Curators to vote on Threads or vice versa.

    Right now, there is actually a very natural shift of voting between posts and Threads. I've been following the data that we have on who is voting on Threads vs. Posts and what % of their voting habits have been going to each.

    The natural breakdown is turning out to be very healthy for the LEO economy. I even saw @edicted jump in Discord chat and mention that he is earning less and less LEO on his posts than before but how he thinks that is a fantastic thing. LEO is getting spread to wider and wider hands.

    @anomadsoul has been running incredible initiatives like LPUD - LEO Power Up Day (on the 15th of every month) - and we're tracking a lot of data that shows the middle-class of LEO holders is continually expanding.

    In just the past few months, we've added hundreds of new LEO POWER holders. Whales are losing strength to this middle-class and that is a fantastic thing.

    Gone are the days when certain authors earn all of the LEO for themselves and the middle-class gets little-to-nothing. Threads evens out that playing field in a lot of ways.

    In this clip, I dive into some of my ideas around this:

    • Idea of dividing inflation between threads and long form - Incentivize threads usage by making it hard coded or let users decide? Value in separating reward pools?
    • Voting is some sort of governance on LF
    • The vision is to provide the tools and let the users decide what to do with them, not enforce anything with code but with tools
    • If user behavior is not focused on threads then we can look at code tweaking
    • Voting on threads enhances your influence with separate pools, but dividing pools is not the way atm
    • Natural shift of whales from posts to threads - might happen
    • Dalz stats - what % of rewards are paying out to threads vs posts - threads % increasing?
    • Onealfa, khal, many whales are focused on threads
    • What % of the reward pool goes to threads in an ideal world? 10, 15, 20?
    • Long form is how LF was born, you don’t want to neglect it

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