Following on from the recent Blog explaining the importance of having STEEM Bonds, in a short 7min video by Matt @Starkerz and I we explain why they are important.
#SteemBonds - Part 2
The importance of having #SteemBonds - Part 2.
Following on from the recent Blog explaining the importance of having #SteemBonds, Matt @Starkerz and I have put together a short 7 minute video explaining why #SteemBonds are important to the stability of the #Steem Ecosystem.
Part 1
Should anyone have missed Part 1, please see the attached link below...
The importance of having STEEM Bonds. This was highlighted in a recent interview with @Starkerz, @AshleyPeat and @TomasGeorge at Steemfest.
Locking away #Steem Power in return for Delegated #Steem
There are many ways that the terms of the #SteemBonds could be purchased, with multiple options available for reward.
One way that #SteemBonds could be rewarded would be Delegated #Steem in return for locking away #Steem Power for a fixed length of time.
Terms of the #SteemBond would be tailor-made and recorded on the #Blockchain, but in essence would effectively be an agreement to lock away #Steem Power held by the Bond Holder in return for Delegated #Steem.
The Delegated #Steem Power would effectively act as the interest on the Bond.
Simply locking #Steem Power away for a fixed period set out in accordance with the Terms of the #SteemBond would effectively take the #Steem off the Market for the duration of the Bond.
Taking #Steem off the market would strengthen the #Steem Ecosystem by effectively suppressing any fall in the price off #Steem.
Matt @Starkerz and I would be more than happy to discuss #SteemBonds further if it is something that the Community would be interested to see.
Thanks again for reading/watching.
Stephen
Please feel free to use the recent created #Investors-Group tag for: Stocks, Cryptocurrencies, Commodities and other Investment related Blogs.
We need an explanatory video for the Spanish-speaking community
A good initiative
Thank you for the comment. I have passed this comment to Matt @Starkerz to see if he knows someone who can translate it into Spanish. Stephen
Nice
Hello friend, i think this is perfect post. Thank you for your information.
thank you @stephenkendal
When I met you guys live those bond bubbles didn't zap out of your mouth....hehe Ideas are moving fast! Have a good week, Cheers.
Ive tried bond programs before on here or delegations but I always end up making more If I actually read and upvote a post on my own
Nothing will change then and you can carry on doing what you are doing. What these #SteemBonds will do will lock away your Steem Power for a longer period instead of the shorter 13 weeks. Say 3 years. In reward for this you will earn more rewards for curation. It is simple a way of saying thanks for being committed to the #Steem Ecosystem. Currently I have +32,000 Steem Power and I would be more than happy to lock that away for 3 years and not power down once in 3 years for a higher curation reward. The purpose of the Blog was to see just how many more would be interested in doing it as well. I have said all along that I am on a "one-way, Power-Up all the way" ticket and will not be powering down for at least 3-5 years. Stephen
Ah I see I see thank you kindly for replying back and explain it in further detail. I would be interested for sure but I am still currently in my building phase of having enough steem power myself my goal is 50k steem power before I start investing etc.