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RE: Power Down Time

in #powerdown4 years ago

I love the idea of the power down tax. I've been powering up pretty much everything, all the tokens, so if someone wants to dump some tax onto me and the general HIVE ecosystem as a whole, and they can take profit, that sounds fair.

I'm worried about the power up tax disincentivizing users to staking. I understand that long term staking rewards would recuperate the 5% tax loss, but I can say from personal experience I usually have to eat a bunch of fees and whatnot to even buy HIVE and get it onto my account in the first place. Then having to eat another 5% on top if I stake it seems like even less appealing. Just my 2 cents.