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I've been part of r/EthTrader that is one of the subreddits that has this feature and had it for about 2 years now. Dynamics within subreddit members got so ba
by flixic 6y ago
I've been part of r/EthTrader that is one of the subreddits that has this feature and had it for about 2 years now.
Dynamics within subreddit members got so bad that the subreddit split, and now almost all the action happens in r/EthFinance that does not have any community currency. The main deterioration was actually corruption. Because "karma" had monetary values and "karma monetary policy" could be set by admins, there was massive concentration of wealth for mods, with no incentive to change the rules.
- cslarson 6y agoEthTrader now has 5% of distribution allocated to mods (changed by community vote). Initially it was 15% (I agree this was too high). These two new subs will be at 10% for the mods. Monetary policy was only influenced by mods for the initial distribution which was set at 15%. After that it required a vote and eventually it did get lowered.
- OGWhales 6y agoOh is that what the silly bot was? I had no idea why I was collecting these donuts and ended up blocking the bot so I wouldn’t see its messages.