I am inclined to be against this change. The original 2 year power-down was probably way too long, but 13 weeks is not so bad really and it encourages people to stay involved. We need lots of Steem powered up to get a better reward distribution. Reducing it will see a lot of people take the money and run. Speculation leads to volatility, but long-term thinking means you have to ride out the minor crises.
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In fact, more and longer locking increases volatility, it doesn't decrease it. Price discovery happens as a result of coins which are liquid and can trade. With fewer unlocked coins there is less liquidity in the market and more volatility.
I'm not saying that is good or bad, though, there are arguments for both.