RE: Steem Budget Proposals Whitepaper!

[libertyteeth]

Maybe to avoid any kind of massive dumps on payout days, the payout could be made in the form of Steem Power directly. I don't think that is currently possible, if it is, I would not mind being corrected.

I am pretty sure it is possible. I purchased some STEEM Power from blocktrades.us, using SBDs -- so, I know that STEEM Power can be delivered to one's wallet. I really like your idea, something like, "a ~3 month CD is your payout" (except you can withdraw weekly, prior to expiration, and will have all funds at expiration).

I think an ongoing project that wants money should easily be able to spend less money than they want, to create a proposal... Especially if it's nearly similar to the previous month, it should take a few minutes to write it up.

Comments

[smooth]

STEEM Power can be delivered to one's wallet

It is possible to power up to another wallet even in the GUI. Click 'advanced' after choosing power up.

[libertyteeth]

Cool, thanks!

[dj123]

Hi @smooth,

sorry for my noob's dumb question:

1. What happens when we powerup to another account, will it then stay in the other account when the option to powers down happens in 14 weeks?yes?

1. Can we powerdown to another account? yes?/no?/(in blockchain but not coded yet in Steemit?)

[smooth]

1. When you power up to another account the other account then has full control of the steem power and all of the usual rules about powering down apply (13 weeks, etc.)
2. Yes you can power down to another account using vesting withdraw routes. That is implemented in the blockchain and CLI wallet (and maybe Vessel?) but not in steemit.com

[meno]

Well this is good news then, it would be done with SP...perfect... I guess you might be right, on your second point. I could see it, how it could work.