Witness clayop update 2016/12/3steemCreated with Sketch.

in #witness-category8 years ago

Last week, I continued put my efforts on discussion about witness paramater policies, such as price feed discount and interest rates. In this context, I started to write ECON 101 for Witness series to provide firm knowledge-base for witnesses as well as all stakeholders.

My discount rate is still 0%, and now I am considering to decrease below zero level, if STEEM price keeps increasing. For interest rate, I reduced it to 7.5% in order to 1) facilitate SBD conversion, and 2) decrease the network's burden.

My witness node is updated to the latest v0.16.0, at the same time I am running my backup node in v0.15.0 to cope with unexpected bug in the new version.

Pegging SBD work is still going, and the profit is similar(around 10%). I will use a part of the profit to help a Korean community member who hacked 12 BTC from Bittrex.

I always thank for all your support, and see you on the new Steem soon.

Best,
clayop

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Oops... forgot to choose decline payout. The rewards will be burnt.

I guess you need a license/permission to use that avatar.

Good point..

clayop, Keep up the good work.
Shared on twitter

Steem_Land Steem_Land tweeted @ 04 Dec 2016 - 01:59 UTC

Witness clayop update 2016/12/3 — Steemit

steemit.com/witness-catego… / https://t.co/7ja5xcP7PS

@SteemUps @SteemitPosts @steemit @steemiobot

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