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Stephan pfp
Stephan
@stephancill
what if storage fees were rebated if the fid's contribution to the network is valuable? (obviously by some subjective metric) storage fees don't contribute to the actual storage of the data, so if you consider it a "spam prevention stake" this could help apps cover onboarding fees for new users they are confident will contribute positively to the network could even turn this into an incentive mechanism - if a user doesn't "contribute positively" to the network within X weeks then they don't qualify for a rebate - these leftover fees are then somehow distributed to referrers/onboarders so you can earn a profit onboarding high quality farcaster users
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KMac🍌 ⏩ pfp
KMac🍌 ⏩
@kmacb.eth
🙌 💯 Let’s start with the hub operators & call it a monthly airdrop. 🤣 Kidn not kidn. We can’t forget the people with the largest hard costs. There’s $2.1 million in the protocol treasury. Before we accelerate the already bloated protocol with full time hires (Boyle’s Law), let’s first implement a reward system for the most valuable participants. https://dune.com/pixelhack/farcaster
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Ryan J. Shaw Ⓜ️🎩 pfp
Ryan J. Shaw Ⓜ️🎩
@rjs
If the hubs aren't being rewarded and there's so many of them in spite of that fact, why would you incentivize more of them?
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KMac🍌 ⏩ pfp
KMac🍌 ⏩
@kmacb.eth
Too many hubs? Oh wait, let’s not decentralize too much! That would be bad. 😂😭
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Ryan J. Shaw Ⓜ️🎩 pfp
Ryan J. Shaw Ⓜ️🎩
@rjs
I dunno... How do we objectively define "too few/many"?
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KMac🍌 ⏩ pfp
KMac🍌 ⏩
@kmacb.eth
I think a better question might be what’s causing a decentralized data sync protocol (verify/store/forward) to need to govern the number of nodes in it? The core idea for network wide incentives is that participants that contribute the most value to the network (over time) are rewarded. What is valuable? The market ie participants decide. I like where Ⓜ️oxie is pointing. Gets close to this but not explicitly for hub operators🤔 Got an idea. Hold my 🍺 😆
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