My issue with steem is the current powerdown model is broken.
Shortening it to 13 weeks made sense, but allowing people to vote with all of it while on powerdown is a problem. Basically it allows you to maximize liquidity by having 1/13 of your SP available on a weekly basis. Combine it with bidbots and the system is as broken or more than POS. It's also got a serious learning curve to figure this out which is off putting.
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I was thinking maybe a burn model where you burn a small % of your steem if you want to withdraw it early. Burns helps increase the price of Steem.
I have thought of a similar idea. The more % you burn the faster you recieve it.
Also trickling it back is the problem in my opinion because it allows people to maintain a semi liquidity state with more benefit than not doing a powerdown. Maybe I'll call it gel steem. You can make around 1 steem a week / 100 sp with agressive sp activity, 1steem / 500sp curating, but 10 steem / 100 steem bidding. The imbalance is very large.
If we use your other idea of increasing curation to 33% or 50% it will also fix the issue.
So maybe incorporating both ideas while also having less activity possible on powerdowns may do it.
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This has already been addressed in HF20. The moment you initiate a power-down you can't vote with that amount.
What do you mean by can't vote?
Does this mean 1/13 of my sp i powerdown is gone or all of it?
I just tested about an hour ago with a 4550 sp powerdown (350steem /week). Steemworld took 1/13 of my powering down away and has 5730-700-350 or around 4680sp.
Steemit and partiko are both showing 5030sp and not considering it.
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If you have 13,000 SP and you initiate a power down (13 weeks) a 1000 SP will be 'removed' from your voting power instantly.
In other words, you can only vote with the power of 12,000SP from the moment you started the power down.
After 7 days that 1000SP will become 1000 STEEM (liquid).
Thanks. So it seems steemworld is correct, but steemit and partiko are either incorrect or slow at noticing.
Depending on what one plans to do with their liquid steem in a week, it seems fair.
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No problem! I hope you consider Steem less broken now :)
Every app displays my SP a little different btw I have noticed. Some discount the SP I delegated some don't.
I guess it depends on where they are finding the info from and their specific programming.
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