RE: Blurt Community Survey: Should We Fund Some Critical Infrastructure?

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Blurt Community Survey: Should We Fund Some Critical Infrastructure?

in blurt •  2 years ago 

Makes sense why they are running a proposal then. The proposal system on Hive seems to work a lot better since HBD is pegged to USD, which is how prices are determined. With Blurt, we never really know how much they are going to get paid. If the price of Blurt somehow shoots up, we are overpaying everyone in the proposal system. If it drops flat, we are underpaying. Has there been a good solution to this? Until then, I think post payouts might be the best way for everyone using the proposal system, and it allows for progress updates as well.

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  ·  2 years ago  ·   (edited)

I was thinking the same thing. The price of blurt can double, triple....or get cut in half so easily. Maybe there is another way all together like you suggest "post payouts".

One thing I can say with confidence, is like @megadrive.....you too seem to really know your shit. Glad to have you here as part of the conversation. Thank you for taking the time! :) Oh....and that goes for @randula too ;)

  ·  2 years ago  ·  

Cc @worldtravelpro, yeah that’s the downside, it’s also not a smart system as doesn’t pay on completed milestones, I don’t particilarly like the system, makes more sense if it pays to a central dao of a few qualified business oriented trustees to evaluate and pay manually on completed deliverables.

In some ways it is better we don’t have a stable coin as there is less regulatory risk.