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RE: Power Down Time

in #powerdown3 years ago (edited)

I like.

How about underlined that part about power down taxes. Yep. I'm totally down with that. If you want a quicker dump without damaging the economy... Yes. Tax it to help us grow as community.

And rewarding the users that hodl!

And that tax should cover a ton. And should really provide liquidity for the community.

But keep it at just that. A tax for not waiting.

The rest? Why..... Why tax this and that when this is a big one that needs managed.

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With every tax increase, long term investors ROI. If people see that can make a lot by staking for a long time, it's better for the underlining economy. For example, a 5% powerup tax simply energizes the pool, and if you power up, you should be here for the long term, so you'd ROI that 5% relatively quickly.

The tax on rewards is simply to benefit long term authors and stakers over short term authors and speculators. If you power up, opt for the "free" power down, IE the 13/4 week one, you'll still be gaining that passive ROI back with your HP. So you only hit the hardest, the ones that instantly power down all of their rewards without ever keeping any powered up, which are the people that should pay the most. They don't get hit that hard. They get most of their rewards, and they get them quickly, a change most would still take over the current setup.

Yep I actually believe that the option to instantly power down coming with a donation to better the entire Community is absolutely a wonderful balance to this entire 13/4 argument.

The people who are investing and so forth on chain definitely need to see returns and rewarding the current users would be a lot easier if we implemented this absolutely phenomenal new idea.

Bravo bravo good job!!!

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