Mike | Abundance ๐ŸŒŸ pfp
Mike | Abundance ๐ŸŒŸ
@abundance
since Pro users are subsidizing Engagement Rewards at the protocol level, when will we have more say on the rewards algo?
2 replies
4 recasts
10 reactions

Tokenized Human pfp
Tokenized Human
@tokenizedhuman
That doesn't sound very egalitarian to me. Pro is a paid for subscription service and not an option economically for all users.
1 reply
0 recast
1 reaction

Mike | Abundance ๐ŸŒŸ pfp
Mike | Abundance ๐ŸŒŸ
@abundance
the pro subscription is def not egalitarian. I don't make the rules tho
1 reply
0 recast
0 reaction

Tokenized Human pfp
Tokenized Human
@tokenizedhuman
You're arguing that pro subscribers should have more say in how rewards are distributed. That's not egalitarian.
1 reply
0 recast
0 reaction

Mike | Abundance ๐ŸŒŸ pfp
Mike | Abundance ๐ŸŒŸ
@abundance
no, I'm arguing that none of us (pro or not) have any real say on the matter but since Pro accounts are subsidizing the rewards at the protocol level (unlike subscribing to a client) it's incumbent on a protocol to include pro accounts in the governance of said rewards
1 reply
0 recast
0 reaction

Tokenized Human pfp
Tokenized Human
@tokenizedhuman
No it's not. Just because pro subscription payments are being used to fund an app wide initiative it doesn't mean they should have a say in who they go to. If they are included it creates a situation where people who have the ability to pay for a pro account can create biased influence over those that don't. I'm surprised to hear you advocate for this.
1 reply
0 recast
0 reaction

Mike | Abundance ๐ŸŒŸ pfp
Mike | Abundance ๐ŸŒŸ
@abundance
I'm not "advocating for it" tho, just like I was against the Pro model to begin with (eg https://farcaster.xyz/abundance/0xd1f34516) but as I said, I don't make the rules. Farcaster currently operates as a monarchy. it makes all the decisions on how the protocol, algos, etc work without the community having any real say in the matter do you think that is preferable to the decisions being more decentralized? I don't would an egalitarian approach be preferable? absolutely. is Merkle receptive to that? no in my view more decentralization is still better than no decentralization
1 reply
0 recast
1 reaction