RE: Feedback Wanted: 4 Week Power Down

[aggroed]

This is one of the better ideas I've heard about this. It's likely having classes of citizenship based on your level of time exposure.

You want to be a full citizen. Stake the thing.
You want to be eligible for rewards, but not have to stake for 13 weeks, ok, but then you don't get to participate in governance.

Comments

[therealwolf]

You want to be a full citizen. Stake the thing.
You want to be eligible for rewards, but not have to stake for 13 weeks, ok, but then you don't get to participate in governance.

Yes, but I'd do it a bit more granular. For example:

Action	Minimum Staking Duration
Rewards Pool Voting	1 week
Proposal Voting	2 weeks
Blockchain Governance Voting	1 month

And here some examples of how the staking duration (power-down period) could affect rewards. (really rough numbers)

Rewards	Staking Duration
2% p.a	1 week
4% p.a	1 month
8% p.a	3 months
14% p.a	6 months
20% p.a	1 year

[chrisrice]

I like your ideas about dynamic staking @therealwolf and I would prefer being able to Power Up longer than 1 month.

[allcapsonezero]

@therealwolf I would support this, not just throwing a 4 week powerdown through. I would encourage you to write more about this and try to gain support on it. I would certainly (for what it's worth) support, upvote, resteem etc.