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RE: The Game Theory Behind Speculator Fees

in #hive3 years ago (edited)

We should start with a 10% tax for instant power down practices, and postpone or reschedule a 5% tax on power-up.

If this proves to be the right choice, we can gradually implement more other variations.

Hive needs smart contracts. Once they are deployed, we can play around with different ideas on how to reward long-term holders as opposed to short-term speculators.

Given that #Hive is feeless by a design, I doubt there will be any Hive-based Dex using Hive as a native currency, however, no one said that HP holders can't have any benefits.

For instance, discount on fees.

Going further, launchpads are extremely popular these days, and HP could be a good parameter to get the most loyal community members whitelisted before speculators.

Things like that actually improve the demand side.
Something like you've done with sip and miners.

X10 that I boom, there will be a lot less supply.
Taking 5% of the rewards won't save us, like cutting the inflation will not save us either.

10% on instant power down is a great idea, but I wouldn't go beyond that, at least not for now.