#Safemoon is taking 10% in both directions(sell/buy), 5% of which is provided in the liquidity pool and 5% is distributed amongst stakeholders - your stake grows over time and it adds a bit different dynamic to the system.
What I find amazing, is that the system compels you to hold. Why? Well, from the moment you bought the token, in order to have an even trade, the price has to either increase by more than 20%, or you'll have to wait a bit until you compensate the initial loss.
Safemoon started out that way and you have to do it that way to get some, the spirit and rules of the crypto are known and by using it you agree to the terms.
Steem and hive didnt start out that way and taking my crypto away from me years later because you think others should get some is nonsense thinking. We didnt agree to do this, nor do we want what little crypto we make talent away and given to others. Dont add communism to this chain.
Well your'e already close of being fully liquid so I see no reason for you to worry
I'm turning most of mine liquid because I need to use it for development stuff and paying people. Not because I want to get rid of hive and dont like it.
That also doesnt invalidate what I wrote.
I wasn't being judgmental, just pointed out the fact. There's nothing wrong with selling some, quite contrary...
I sold some as well.
I've needed to digest everything, and I saw one of your comments , something along the lines "provide nfts, airdrops or other benefits to those who are part of the community for a longer time".
That's actually a good point.
Anyone who stayed through all the shitshow deserve to be compensated and rewarded, that's for sure.
Yes. And I just wanted to clarify I'm not selling my hive or hbd for usd. I'm using it to spend for services I need.
I don't know this is a system that would be cool for web3. Sure it works for ponzi coins, but web3 should be easy and open.
Dapps need to move sometimes funds and so on. Tax everything doesn't work imo, is leeching the system and really projects that care.
If I understood correctly there should remain normal powerdown period, tax would come in place after instant powerdown is activated?
Btw I wasn't referring to its fundamentals, rather approach to tokenomics and as I far as I can see it worked!
Hmmm we read the same text?
Tax on power up.
Tax on power down.
Tax on rewards.
Do you think this way would work web3? From we spread tokens to we enrich the holders? Like a hidden selfvote?
I don't see any match why an Dapp should try hive if they know they need to pay for users, for transactions (RC), and get taxed if they want to release some money.
I would tax only those who want to powerdown instantly - 10% should be fine for now.
Make it optional, if a user decide to powerdown through 4/13 weeks, he shouldn't pay any tax.
As for taxing when buying, I don't see an actual point other then making it a bit different in terms of dynamics.
So, if any dapp wants to powerdown in order to distribute rewards among its stakeholders, it can do it but only if regular power down is used
RC markets would loss any dynamics.
Makes again a barrier for power ups.
I don't like it at all. My vision for hive would be close to no barrier, free markets and everyone is welcome.
Try new things out and build web3. Thats why i make a proposal for dynamic power downs, without taxes.
Edit: And instant power downs makes wallet recovery pointless.
We gotta do something, 13 weeks is ridiculous and obviously no investor is willing to take such a risk.
I wish it was different, but it's not