Due to the recent deep of the Steem price I tried to come up with ideas about how Utopian could incentivise Power Ups?
Incentivising Power Ups
Utopian has a great voting power, almost 4 Million SP and it is capable to generate a crazy amount of author rewards.
I believe we should use this opportunity also to incentivise power ups.
@inquiringtimes also came up with the idea there should be a way to incentivise them.
When Utopian started, all the contributions were by default 100% powered up. We allowed 50/50 after many requests from the community.
While we are not looking to get back to force 100% powered up contributions, I do still believe we can do something.
What's your idea?
100% Powered Up Contributions = Bigger Rewards
The first idea that came to my mind was to give a 20% bigger upvote from Utopian for the contributions that are 100% powered up. After discussing with @espoem and @emrebeyler we came to the conclusion this is not gonna be beneficial, especially now that the value of Steem is down, while could be way more beneficial to incentivise powering up liquid Steem and SBD.
Incentivising Power Ups of Liquid STEEM and SBD
It is technically possible to estimate the percentage of powered up Steem compared to the amount of liquid Steem and SBD owned by an account. The Utopian Bot may take in consideration the percentage and give a bigger reward to those accounts that clearly have a bigger portion of Steem Power compared to their liquid Steem and SBD.
What do you think, could this be a way to incentivise Power Ups?