Interesting read. What Airdrop for LEO are you talking about and is it just for people powered up over there or is it mainly for activity?
I have a different thought process to where the market caps are going to be. I'm trying to stay more conservative and say we can go to 2Trillion marketcap.
Also while I think on a base level HIVE is interesting I don't feel it uses the inflation well and people don't want their money locked up for these longer time frames. There is no advantage of locking one's money up for months.
The power down should take no longer than 3 days for security reasons.
Plus the proposal system isn't utilized to market or anything.
Personally I think most things are going in the wrong direction. LeoFinance and DTube which is on it's own chain now are interesting though and seem to have better tokenomics.
Also
Leo is finishing a new app for microbloging, it will have it's own token and will be airdroped to everyone that has leo staked or in the uniswap pool. so most of the leo is staked. but even before that the staked % of leo was high.
they said it will be out end of February start of the March (if all goes to plan)
Locking up the stake is bad from a trader perspective, if you want pump and dump you don't want stake to be locked up.
If you see hive as a long term thing i don't see the problem with it. It could be shorter but 3 days don't really makes sense. If you look long term, you think about curation rewards that you can sell if you want to sell, and you use your stake to get more rewards.
3 days was something that exchanges wanted, and something that JS promised them, i would not want CZ and Binance to be able to have a say on the witness list. with 13 or maybe even 4-5 weeks they will never risk it.
over 30 days power down is a good thing to have if you do a major fuckup. enough to recover your account and not lose a lot of the stake.
we should have a proposal for marketing in short period of time. not sure how is that going, didn't really follow it in the last few weeks. we will see will it get funded and how will it look.
A marketing proposal for LEO Finance?
People just don't want to stake things for long durations. For instance with DeFi apps like Pancake Swap you can mistake and be liquid right away. Or with how DTube has it setup you are essentially always liquid.
The only reason I even say a 3 or 7 day power down is to allow a person to enter an email to notify them of a power down
I think a three-day powerdown period is absolutely too small. Remember what happened when the exchanges powered up STEEM held on them. The pain of not being able to pay users for three months was so intense that it's a deterrence against any of them doing so again.
I think a minimum of four weeks for full powerdown is appropriate. The strongest hands should be in control of the inflation.
Posted Using LeoFinance Beta