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Powerdown

General

Short Duration

  • Welcoming to people wanting to try out the ecosystem without being locked in (@wolf)
  • Disincentivizes exchanges powering up => no staking return exchange hodlers (m1) (@wolf)

Long Duration

  • Secure against governance takeover (@wolf)
  • Disincentivizes exchanges powering up => governance security (@wolf)

(13-4 week) + Instant Powerdown + Entry & Exit & Claimed Reward Tax

PRO

  • Welcoming to people wanting to try out the ecosystem without being locked in (@theycallmedan)
  • Secure against governance takeover (@theycallmedan)
  • Disincentivizes exchanges powering up (@theycallmedan)
  • Increases APY for long term hodlers with no extra inflation at the expense of speculators & leechers (@theycallmedan)
  • Lets investors take advantage of price volatility (@theycallmedan)
  • DEFI has made entry/exit taxes standard, so the market is already familiar and accepting of the approach (battle-tested) (@theycallmedan)

CON

  • Increased risk of users being phished and losing all funds- Possible solutions: (2fa, account recovery partner sign off, creating a new instant PD key, using owner key) (@theycallmedan)

3 Days

PRO

  • try out the voting system without risk (@wolf)

CON

4 Weeks

PRO

  • retains the utility of the 30 day recovery period. It would be pretty disappointing to get back your phished account after 8 days only to have all the value gone. (@smooth)

CON

  • retains the utility of the 30 day recovery period > That's not a great reason though, as 30 days was also just made up. (@smooth)

13 Weeks

PRO

CON

Media

  • m1
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