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RE: HF Proposal: Vote to Reduce Power Down Period to 4 Weeks

in #steemdaolast year

A big fat YES!

And it should be 1 week. Absolutely no reason why it should not be 1 week.

And the safety feature some are clammoring about .... don't be idiots. That feature is important in 0.01% of cases and does not justify such a long powerdown and losing so many potential investors.
99% of tokens have no staking and they offer satisfactory safety for your funds.
So this is a non argument.

This is the only thing that could potentially save steem. Not the smts not something else... This.
Save our shitty volume, and attract exchanges and investors.

I can't stress enough how important this change would be.

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perfect thanks for your support, 4 weeks is a good interim reduction that will not get too much push back, can look at reducing to 1 week on next HF if this proves to be successful. There is however the risk of exchanges then powering up user stake and voting like on EOS, in such a case we can blacklist exchange accounts from voting.

I think you are forgetting that "investors" who don't like staking can already buy liquid Steem, just like they can with Bitcoin @lordbutterlfy.