I'm not a big numbers person but the first instinct is putting a tax on for anyone who wants to power up already puts us on the back foot.
But a lot of people willingly pay 2, 3, 5% fees to provide liquidity on DeFi platforms...of course if the benefit of powering up is there, people will take it, just the same way they see benefits to paying fees for providing liquidity.....no?
I like the scale idea
Depends on the roi and what % people will get back in return either daily or weekly. If the return works out enough to cover the tax, it may be attractive for investors like some of the defi platforms out there. At the moment, I think Hive gives just over 3% apr for holders but taxing 5% looks like a loss instantly unless the % is reduced significantly. I am just looking on the simple level of attracting investors, what return will they get and why they want to invest with us where there are many other defi platforms out there providing good daily returns.
Many of us on here are Hive lovers so there is no doubt about that but to get new faces on here willing to put in their money, invest and lock it in, we need to think in their shoes.