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RE: Vault Dividends: Clarification and Conclusion

in #steem5 years ago

Meanwhile we're going to change the powerdown from 13 weeks to 4.

We need to make up our mind whether we want (or are expecting) people to lock their crypto up, or whether we want to let them remain liquid.

No point fighting against the tide if it's going against you.....

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This idea is totally in sync with the idea that we need more stake-lock options that allow users to take advantage of the platform without over-committing. Not sure why youre claiming the opposite.

I'm not claiming anything. I'm just pointing out that there is a change very likely to happen that is related and then hinting that we should figure out holistically what we're really trying to achieve before pushing through multiple (related) changes.

very likely to happen

Why do you think so?
It's essentially Steemit Inc's decision. No one else has the expertise to push a hard-fork and have it approved by the witnesses.


It's a very inconsequential change IMO. It still takes a week to get a chunk of coins. They are making that chunk much bigger? Shouldn't matter to a lot of stake holders. Often the 1/13th of the total coins is more than they wanted to take out in the first place. The slow payout promotes making more informed decisions not based on tilted in-the-moment FUD/FOMO plays.

Why do you think so?

It is currently the top voted Worker Proposal that you can see on the list HERE

I was of the impression that the proposal system and steem.dao was intended to decentralise the development dependency away from steemit. From memory I also thought the last HF had significant development resources provided from the Build Team rather than steemit.

I admit, I may be wrong on this and up until recently the only ones with expertise to push a HF through is steemit but I didn't think this was the way the blockchain was heading.

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