To encourage the Power Up, and decrease the Power Down, I would also suggest an annual increase in the interest rate on HP by for example 1% (from 2.8% to 3.8%, 4.8% etc.). The bonus percentage will reset in the event of a Power Down.
You are viewing a single comment's thread from:
This would counter the fact the inflation rate is dropping yearly.
Posted Using LeoFinance Beta
The inflation rate of HIVE is secondary as set by the blockchain. That said one reason not to change it is credibility. A chain that keeps monkeying with its rate of distribution is not going to be credible.
With the conversion, the inflation of HIVE will be altered as people convert. Over the past year, according to @dalz, we actually saw a decrease in the amount of HIVE outstanding.
You bring up a good point which is worthy of exploring: providing further incentive to power up. But that has to be done in other ways in my opinion.
For example:
instead of burning HIVE on account creation, put that towards those powering up.
charge a small fee on conversion that go to the stake holders
If this is something that is serious, we can explore it. I am sure the community can come up with a lot of good ideas.
Time to apply some business building techniques to Hive.
Posted Using LeoFinance Beta
Really a great thought here. In fact this post made me to notice that HBD savings at 12% was still giving a higher interest to Hive curation.
The balance is really crucial.
Posted Using LeoFinance Beta
Yes, your proposals are absolutely acceptable. many users earn HP for free from their posts, and then use it to sell it on exchanges, after doing Power Down.
It is something that should be discouraged. So rewarding stakeholders is an extra stimulus.
Posted Using LeoFinance Beta