RE: RE: Thought Experiment: Centralized Exchange Offers Instant HP Powerdown
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RE: Thought Experiment: Centralized Exchange Offers Instant HP Powerdown

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2y

Obviously that is all good advice. It very much is a fuck around and find out situation with exchanges. It only takes getting burned one time to have a lasting effect.

At the same time the spirit of the original post doesn't care about what you or I think or do. This is a global discussion about incentives and how users are going to act on aggregate.

Right now Hive gets a huge inflation benefit in that all this money sitting on exchanges can't earn yield and just gets constantly diluted by our inflation rate. The problem is that they have the power to not only change this but also provide instant powerdowns with there liquidity and lure all the tokens to their platform. Not that Upbit needs more than 120M tokens, that's already enough to hijack all 20 witnesses.

@edicted: Obviously that | Ecency