RE: Steem Governance is Multiparty
I was reading interesting discussion in a post by @berniesanders earlies regarding attracting new investors to Steem. Also, read a post by @whatsup regarding current state of active users and their stakes. Since I see an arrow "proposing ideas" by users to Steemit Inc, I would like to share the following idea.
Steemit Inc backed SP delegation contracts to all or new liquid Steem holders to attract crypto hodlers during bear markets. One of the reasons new investors don't easily get into Steem is they can't easily withdraw their assets due to 3 months wait of power down.
Steemit Inc is the largest stakeholder and doesn't use its SP. What I propose is to delegate SP to those who buy Steem and hold as liquid in the accounts matching the amounts of liquid Steem they hold for a very small symbolic fee. This will give investors an option to withdraw anytime. SP will be undelegated the moment they withdraw. This will attract crypto hodlers to park their assets in Steem, earn while they hodl, and get to know Steem. Once they get to know Steem from within they may end up powering up down the road.
This may sound like a dumb idea. If so just ignore. Just trying to think outside the box.
New investors can buy Steem and hodl it without powering up, and withdraw it whenever they want. It's up to them whether to power up or not.
How would this plan stop current investors from powering down, creating new accounts, and getting the delegated SP?
Your are right, powering up or holding as liquid are the options investors have. Powering up might not be attractive for some because of 3 month lock of assets. Holding as liquid may not be attractive for some because there are many other options.
Third option I suggeated, I believe would attract many investors who already hold crypto assets.
Steemit Inc has enough SP to cover all new or old users. I doubt many whales would take advantage of it, as they would lose an ability to delegate themselves.
Once investors are in and get to know the Steem blockchain I believe they would choose to power up themselves.
This will come I think, but not via Steemit.inc.
And, I have heard many talk of the vesting withdrawal time (which was once much greater) being part of the lure to Steem, as a role to play in stability of the token.
At first read it sounded like a good idea to this Knight, geekgirl. However, thinking about it further - why should newbies get preferential access to tyhe reward pool over current investors?
Three months is not a long time to stake funds anyhow. Think of term deposits. Three month TDs are very common.
SirKnight.
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