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RE: Governance Model for a Community Bot
That is the purpose of the Power Down Threshold - To limit the damage caused by a recalcitrant Community Bot Operator who refuses to hand over the Master Key. They might get away with some funds by clearly fraudulent means but the community is protected from a large scale misappropriation.
Sounds good. I think it makes sense now. The only issue is trusting the operator and yes this is a good approach to limit the damage. It's the same with business accounts: How do you give an account key to a s staff and invest in it if at all? Powering down after every 500 steem power is a good option