It's not the dumping that would concern me. I'm all for a shorter holding time. What concerns me is the potential for abuse. We've already seen the type of abuse that happens with a much longer holding period. If the ability to cash out relatively quickly is realized, then the abusers would certainly have no problem stepping up the abuse and cashing out an even larger percentage of rewards. That's why I said we would need other highly influential users to be vigilant and do what they can to counteract it, rather than ignore it. Ignoring it - even as it continues today - has largely been the preferred method.
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Yeah, I get it. It's just that trying to control markets almost always backfires. And I'm not sure if almost needs to be inserted. Markets will always be abused, manipulated, etc. This becomes more readily done the more that they're controlled. If folks want to sell, then they sell. It'll get sorted out in the long-term and the market will eventually mature so that it moves at least someone what intuitively. Right now none of the cryptos really have enough history to peg them to any sense of normality, except maybe BTC. We see how much that's manipulated all the time.
I agree. I'm not asking for market controls, just to be clear. I'm basically asking for more/better involvement with abuse matters on the platform, especially when large stakeholders are involved. But you know what I'm talking about, so I'll leave it at that.
I don't understand how your concept helps with abuse. Abusers even if caught can still continue to power down and eventually cash out 100% (even if it takes two years). In order for this to be a meaningful deterrent there would have to be a mechanism for taking back stake from abusers before they could withdraw it. I haven't seen that even proposed.