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RE: Steem Powerdown needs to take 1 week // Creating a major sink for STEEM tokens

in #proposal5 years ago

I really like the idea of having 7 days withdrawal window. If it were 7 days to get SP back, I can powerup liquid steem, use it to vote, and then powerdown to pay server bills or buy steemmonsters cards.

I think if we had 7 days lockdown period, more people would be willing to power up and keep less liquid on exchanges.

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How exactly it would work is not something im talking about here outside the 2 options since its hard to say at this point. There are a few things to consider when deciding how to balance this.

I think that less liquid would be kept on markets but you wouldnt really see that since Steem would have much more mobility. I assume the only thing that would show that is increased number of transactions...

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