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

in #steemdaolast year

4 weeks is still long. I prefer 1 week.
I think a long period of unstaking is not helpful to people who want to invest steem. And also Steem should introduce a way to burn the already issued coins.

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I don't think many people will vote for 1 week due to risk of losing all funds in a hack.

There is always the option of buying liquid Steem.

And I see no reason why investors would be scared of a 13 week Power Down when they can just buy liquid Steem.


I think this post confused some people into thinking, or forgetting, that liquid Steem is always available for people who don't want their $$ locked.