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RE: My Views On The EIP
would not be a good idea, transferable SP will equal zero powerdown time
we give almost >2% to exchanges per trade anyways, 1% to trade, 1% to withdraw
might be worth introducing 5% burn to null for faster powerdown up to a certain limit, say 50% so it limits entire account powerdown during every bull market
You have 1000 SP and you transfer it to me, it's still powered up. In order to sell it I'd need to power it down.
There might be a couple of hired goons coming to break your legs and you need the money now.
I want to buy STEEM and power it up.
You advertise 1000 SP available for 750 STEEM. I accept.
I get a 25% discount on STEEM I already planned on powering up; you get instant liquidity.
as an account holder that really want to shorten the power down period, i can't agree more than a shorter powerdown, which is to my advantage
i used to have like 20+K powered up, and i used to upvote 95% of others, and about 5% for myself, then i got auto-flagged because i don't use an alt account to upvote...the flags came from some good intention dev w stakes from transisto, etc, and i discuss with them in discord that there is diminishing return in their algo as a fellow dev along with better ideas for flagging
today i've holding liquid most (>90%) of my Steem, reason I'm keeping it liquid has alos changed, helps with trading and not just be under the self-flag bot radar, etc.....basically no other way to convience them to stop flagging curatiors who only self-upvote themselves a small %, so basically that's like saying I@m 90% left Steem as a steempower stake holder...which was good for me, as my trade has increased my stake by some 130% higher than my highest SP stake
so yeah, i'm all for shorter powerdown....but that's not the point
it seems to me that in DPOS, powering up is a big indicator for others to pay attention to wealth, status, whatever, but if we're going to attract investors and content creator alike, we have to have some incentive for investors to show curation support as well as exit quicker, and some incentives for content creators to show their commitment, success, and to attract viewers, and be fair in the process of time staking
the moment we can transfer SP like transferring liquid Steem, for a reasonable amount upto a point (easily 1000 SP) SP transfer will be equivalent to liquid Steem transfer and then we break the DPOS model experiment, the only exception will be for very large amounts say 100K or 1Mil SP (even then, perhaps not)
in time arbitrage, time has value, 13 weeks is worth easily 5-15% easily depending on volatility, see options time decay, like the Black Scholes model (as few investors/traders would want to risk capital lockup for 13 weeks before selling very large amounts)
anyways, the idea of time staking for possible distribution sharing (PoB or Investor Stake Selling, whatever) requires some commitment, we can't negate staking by enabling SP transfer, UNLESS, we can make it happen with a cost eg. 3% burn to null in SP transfer (that 3% might still be to low, but i suppose you can buy it for some % discount say >5%...but i think if that happens, would probably be worth less as now the DPOS proof of stake is now in question)
think of it this way, why do you think EOS only has a 3 day powerdown?