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RE: 1 Week Powerdown proposal. Share it

in LeoFinance4 years ago

I don't understand some of this proposal. What do you mean by

Gov votes charge every week 1/13. So no one can take over.

Do you mean your votes lose 1/13 of their strength each week? Or something else?

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they charge every week.

it prevents exchanges to power up the funds and take over the chain.

So you need 13 weeks of power-up time to have 100% of votes for proposals and witness votes.

each week you become 1/13.

Today you need 30 days of power-up time to 100%.

So it would become more secure.

Ah, okay. I see what you're getting at. Governance votes take longer to get to full weight. alright, you got my support on this one.