RE: My Stance on the Proposed Powerdown Period Change of 4 Weeks

You are viewing a single comment's thread:

4 weeks is no good. I suspect move to 12 weeks,

We must acknowledge that some people feel like they are being punished by powering up in a "market of fluctuations" - people shouldn't feel punished to power up and do the right thing and not have access to some of their steem in a reasonable timeframe. I imagine the answer would be have someone initiate a powerdown - a one week period elapses and 10% of their steem is released (an optional email could be sent out for security purposes) and week two 25%- 30% is released and then for remaining 10 weeks, 10% each time.

While it is a little confusing to the average observer, they are being protected in the first week (have up to two weeks to react if having been hacked) then get access the to a chunk for paying bills or whatever they need in the second week).

Such a tricky thing to find a compromise on this one. I wonder how this turned out? this post is a bit old and I'm late finding it.



0
0
0.000
0 comments