https://t.me/EOSproject/1966492
Exactly correct. I don’t feel this is clearly explained in the smart proxy announcement. When the idea was floated to us before it became public our feedback was that we would support it if it were not exclusive to one proxy which will consolidate power. The underlying message that wasn’t transparently explained seems to be that Eden feels that it’s ready to take control of the chain but I am unsure if that is true yet. We are still only figuring out Dans previous experiment (DPoS) and Eden is a ways behind that.
People shit on “vote trading/buying” (shit term btw, it’s just staking rewards like used on many chains) but the thing is that it’s open for all to participate in. Go ahead and create a rewards proxy, we have, Eos nation have and so have many others. None of us are trying to change the inflation rate to send to one over the other though.