jsup 2.1 - investor's relief (experiment on separation of investment and SNS)

by joviansummer original STEEMIT post: https://steemit.com/blog/@joviansummer/jsup-2-1-investor-s-relief-experiment-on-separation-of-investment-and-sns Hello, this is @joviansummer(witness: @jswit). I'm starting a new experiment regarding my @jsup vote service. The purpose of this experiment is to separate STEEM investment and social interaction(posting/commenting). For many people, writing a post daily(literally 365 posts per year) is not easy. It's not fun, and mandatory daily post only written for self-voting delegation service tends to result in useless low-quality content. I hope this new function of @jsup will reduce those posts, and also make it a bit more easy to invest in STEEM without worrying about daily posting. I think pressure of daily posting significantly undermines Steem as SNS. It's not fun. This is how it works: From 11:45 PM to 11:50 PM every night(reference time zone is GMT+9), @jsup checks if eligible delegators wrote something and received daily v...

GentBG - why bother to burn STEEM?

by joviansummer
original STEEMIT post: https://steemit.com/blog/@joviansummer/gentbg-why-bother-to-burn-steem


GentBG - a new experiment to burn STEEM

Hello, this is @joviansummer(witness: @jswit). I'd like to briefly explain why I bothered to start @gentbg experiment.

Unlike bitcoin, STEEM has no supply limit. As long as STEEM exists, newly minted STEEM will be added to total supply. If we can't maintain corresponding demand or reduce supply, downward pressure on STEEM price can be a big challenge.

@gentbg project is an experiment to reduce STEEM supply by burning. @gentbg will burn liquid author reward and delegate SP reward to @jsup to get amplified upvotes. The main purpose is to create a perpetual STEEM burning loop.

I added a bit of fun factor via AI-generated images, to incentivize giving upvotes to @gentbg's posts.

If you have some spare voting power, you can contribute to burning STEEM by giving upvotes to @gentbg's posts. Initial run of this experiment will last for 2 months.

Thank you for reading, and have a wonderful day!


@joviansummer's STEEM projects

@jswit witness:
I'm running a STEEM witness node. I'd really appreciate it if you vote for my witness account @jswit. (https://steemitwallet.com/~witnesses)
[ENG] Introducing @jswit witness project

@jsup curation:
[ENG] Introduction to @jsup curation project
[ENG] Using @jsup curation project as an auto-voting agent
[ENG] jsup 2.0 - make your upvote great again

Steemit-Search:
Steemit-Search: a simple website for post searching

jSTEEM:
jSTEEM project - STEEM blockchain explorer on Telegram messenger

gentbg

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