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RE: Shakeout in Governance: DHF enters Savings Mode // EDIT: ok not anymore

in #hive8 months ago

Also thanks to you for taking the time for a quality comment and not the tilting ''great post''.

Building a bitcoin reserve for HIVE would be a cheap way to get exposure out there, but has the problem of ''who holds the keys'' fortunately we have multisig. It would be better to start buying at the bottom of a bear market and not now though.

Regarding VSC, I'm very excited to see what they bring onto the table. vaultec gives me good vibes in the sense.

Those who can't do this simple thing will lose their 3% free inflation which those who so it will therefore get a tiny bit more than 3% as the same pie is cut into less pieces.

You're missing a point there.

If let's say only 80M HIVE POWER are actively votting in governance the yield with this 15% of daily inflation is much more than 3%.

It would be closer to 6-7% (since it's the same amount of inflation tokens but being shared between less stakeholders).

Since you're already staked 3 months with hive power, participate in governance costs u nothing! And a 6-7% APR is a great incentive (before adding curation rewards).

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I'm stacking HP with the goal of Orca asap, so I welcome 6-7% APR which I would get with your proposal since I do vote for witnesses and proposals.

Re-blogged for a little more reach. Thanks for the interaction!