I think everybody was finally convinced that STEEM economic model was broken and it couldn't last any longer. And yes, I'm happy that it took only 3 years to make this change. That also means that no more burning investors money. The party is over.

Btw, this post says how it works in real life.

https://steemit.com/exyle/@exyle/spup5-goodbye-linear-exyle-welcome-liberated-exyle