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RE: HF Proposal: Vote AGAINST Reducing Power Down Period to 4 Weeks

in #steemdao10 months ago

Dear @thecryptodrive

I value your work on Steem a lot and it's difficult for me to be against your proposal. However i really don't see much benefits and at the same time I'm worried about negative impact of this change.

Perhaps sometime in the future this proposal would make more sense. However right now it would speed up powering down of all those, who are currently moving away from steem blockchain. Speeding up their power downs would end up with tons of steem being rapidly sold and bringing price again to all time lows.

I really don't think it's a right time for such a move. Perhaps if steem price would recover partly. But I don't see a reason to do it now.

Yours, Piotr


Sure that is no problem, this is a democracy so vote for whichever one is right for you. I am very pleased however that we have established a standard for democratic voting using the Steem dao. It is a great platform for the community to join together and discuss economic and development improvement ideas.

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