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RE: VOTE FOR the 4 week powerdown time reduction proposal.

in #proposal4 years ago

Short term speculators provide a lot of value to long term investors.
Long term investors accumulate, short term speculators provide us a payout. Liquidity, etc.

Shorter powerup time benefits literally everyone. If it was possible to push this down lower or offer a dynamic powerup time id be all for it. 4 weeks is just a first step. Otherwise we stand in place and talk about options endlessly.

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First its 4 weeks

Then it’s a burn

Then it’s 1 week

Than it’s 1 hour

Just do all the bullshit in Hive savings and be done with it already.

They will never be happy till they can instantly sell at every 1% change in the market chasing profits but still expect some kind of gains for holding it for an hour as their “opportunity cost.” Which case they want to keep funds on an exchange to avoid fees and avoid having to wait for depo or risk wallets going “offline” to deposit during high volatile moments. Which is fair as Hive wallets on exchanges are always having issues.

Short term speculators are crack heads. Nothing else. They don’t care who or what gets them their next fix.

If the market really gave any kind of fucks about honest DEFI. Things like Cub would not be at $1.735 going down daily.