Hey @theycallmedan,

I like the idea of an instant power down fee. I think there needs to be some flexible in regards to how much someone wants to instantly power down. For example, a person may only want to power down half their stake. Therefore, the 10% fee should be based on the amount desired to be powered down and not the full amount staked.

I understand the logic of the powering up fee and I see how it could greatly benefit anyone who wishes to remain powered up for a significant time. However, I think the fee will discourage people powering up, especially new investors who are still unsure about Hive and how long they want to be invested. I don’t believe speculators will be interested in powering up, as they are unlikely to remain powered up long enough to cover the 5% + 10% fees.

The fee on liquid rewards makes sense. Choosing 100% HP should produce a higher reward, as it has a cost of less liquidity. A fee would balance things out. When HBD is above $1, there is no incentive to choose 100% HP, as rewards are lower than when they are split 50/50. Fingers crossed HBD pegging problems can be fixed.

In summary, I’m in favour of the 10% power down fee and the 10% fee on liquid rewards. I’m not in favour of the 5% power up fee.

In regards to duration of power down

I think 13 weeks power down is rather long. I think many people are powering down because of this duration and want to be able to cash out some of what they have accumulated over the past years. I think 6 weeks would be an improvement. For example, someone may only want to want to sell 1/3^rd of their stake; a 6 week power down would enable them to do that in just 2 weeks.