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RE: How to increase demand for steem and steem power?

in #steem8 years ago (edited)

This is my idea for a sink, BTW. Kaioken voting.

Lets say I can vote at 100% now and my vote is worth one dollar. I can multiply my vote power by X where X is up to a hundred.

For each X, 1% of my vests and the steem associated with them are permanently destroyed. Though i think its pretty cool, IMO the value problem is still on the demand side

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Interesting idea! I have to think about that more. I prefer keeping the voting mechanism as simply as possible, but this might have some chances to actually work.

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