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RE: Power Down Time

in #powerdown3 years ago

I 95% agree, the 5% I don't agree with is Power Up tax, why penalise that which everything else is meant to encourage, that just doesn't make any sense!

I love the idea of the instant PD but with a tax and incentivising longer term Power Ups, and as you say NOW it all seems very feasible as DEFI has introduced this.

It'd be nice to have a smooth sliding scale - from 10% tax for instant down to free for 13 weeks or more, why not extend it while we're at it.

Man, Hive could take DEFI to the next level!

One more thing - our 10% is staking return for curation, and add in now the returns to come on HBD savings, that's precisely the rate most sensible DEFI and CEFI platforms seem to be settling on.

The only thing I can't figure out is why Hive isn't at $10 already!?

Great idea.

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Yep I'm definitely not sold on the additional taxes however this big one about taxing power down sounds like an absolutely phenomenal way we can balance this.

Definitely don't tax powering up.

But let's stick to the main issue and circle back to the win-win for the community.