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Yes, we see it as an earner for investors, extra passive income, and also as a smart regulator for the price of block production. This should be very investor friendly and witness friendly as the market value will find its balance. Kind of like "block difficulty" on the Bitcoin network if you think of it.

Sounds more like an effort to get bribes from witnesses.

Firstly, Fyrst (lol) I'd like to thank you for putting forth innovations and new ways to use the STEEM Blockchain, and it's "assets". Very forward thinking. All I got from my people was negative feedback so far. But I did appreciate the candor. Sometimes it seems there is a lot of "passive agreement" or apathy. Not on THIS! lol

Thanks again and I will always be watching for the "next big thing" whatever it may be...

bad vibes....:)

THANK YOU for the input! :^)

Since each account has 30 Witness Votes, this voter will ROTATE the recipients on a 29 day basis so as to always have an opening for the daily auctions! Makes Sense, @Big_ViKING

😎

Is there a 2,000 M-Vest already in place? When does the bidding commence?

That is correct. We have over 1 Million SP/2000 million VESTS in proxies already from the start, and growing as more people Proxy to us.