RE: Steem Powerdown needs to take 1 week // Creating a major sink for STEEM tokens

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Steem Powerdown needs to take 1 week // Creating a major sink for STEEM tokens

in proposal •  5 years ago 

This is a great idea, I would at least charge 10% for "cash out within a week". Burning or returning into rewardpool if possible. But is it realistic to get it implemented anytime soon? Would require another HF I guess?

By the way, no way that 8% inflation is the main driver of the current underperformance of Steem. There is more than that.

proposal
5 years ago by

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      ·  5 years ago 

    I would prefer burning...

    But is it realistic to get it implemented anytime soon?

    Unfortunately not. Ive chated with @andrarchy the other day in Steem telegram and there is simply not enough big stake behind this idea or talking about it (there were a few mentions) to consider this will be implemented any time soon, if ever.

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        ·  5 years ago 

      By the way, no way that 8% inflation is the main driver of the current underperformance of Steem.

      Inflation is probably far higher than 8% because of SBD conversions.

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