You are viewing a single comment's thread from:

RE: Steemit Power Down Proposal

in #steemit5 years ago

If they added this, it would be a sure way to keep investors away from STEEM.

You effectively increased the powerdown times for everyone across the board since the incentive is moved much further down the line.

If 13 weeks is too long right now and you earn max ROI at that point, by adding this change the 13 week SP would no longer earn max ROI . Some would just leave STEEM because in order to earn the same they would have to lock their SP for longer.

1,2,3,4,5 year powerup would earn more so if youre looking for ROI you pick the highest %ROI option.

This would be a sure way to kill STEEM since there are rarely any crypto investors willing to lock up their funds for so long while shorter powerup times are pointless.
Investors would just stay away even more so.

This is by far the worst idea made in this discussion.