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RE: Locking stake for 100% passive income, improving content, helping apps

in #steem6 years ago

The STEEM blockchain has an inflation rate which is partially paid to participants who lock up their free STEEM in STEEM Power.

Now free STEEM does not contribute to one's voting power but STEEM Power does.

If I understand your proposal correctly:

  • STEEM Power would still contribute to one's voting power.
  • STEEM Power locked up would benefit from an inflation rate.

This would seem to be a simple change. Instead of sharing the STEEM blockchain inflation rate with all STEEM Power holders, the shared inflation rate would only go to "lock up" STEEM Power.

This method would still give investors in STEEM Power an incentive to hold STEEM Power.

Interesting idea!

Have a great weekend!
Steem on,
Mike