Or, what if the savings wallet was used as a pseudo-stake wallet, that had voting capabilities with a three day powerdown, but it couldn't vote on governance and a portion of what it earned was burned?
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Or, what if the savings wallet was used as a pseudo-stake wallet, that had voting capabilities with a three day powerdown, but it couldn't vote on governance and a portion of what it earned was burned?
It's perfectly reasonable but I'm still wondering whether the value add is enough to be making that kind of change. I'm just not sure that people need dial-a-staking-period to this degree. The 13 weeks (6.5 avg) isn't that bad unless you are completely a drive-by.
You'd think. But I am one of the fools that is powering up :)
The problem is that it is important to have compelling reasons to buy and hopefully stake Hive, in an environment where the 15%ish on curation isn't competitive. There are heaps of positives to being staked on Hive, but as you know, many people still act on maximization of wealth, regardless of whether they enjoy it or not.
I don't see a big change there from a modestly shorter staking period.
The saving wallet has a three day unstaking period, which is quite a lot shorter, and could allow for that stake to be active without governing. I think it would need more than that to be attractive, but having it on chain and available, gives the potential to further build usecase for it.