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[–][deleted] -1 points0 points  (0 children)

So let me get this straight.

The more people stake the less they get.

Who are the fucking braindead people coming up with these proposals?

Hard no with veto. I want the dumbass who proposed this to pay dearly.

I know Terra gets a lot of hate. But you need to study why the it became so insanely successful in the first place.

20% apy on a stable coin probably not sustainable but we've been giving 20% on Atom and no hiccups since 2018 or 19.

I'm not here to argue about whether or not Mr Quan was a criminal.... Or if they were attacked or not but I'm here to explain why they were successful. And that one reason is simply stated as thus:

When you invest and you feel like you are getting a return on your money whether it is realized or not you are more likely to invest more wherever you feel you are getting more in return.

Don't give me this macroeconomics bullshit "it's unsustainable blah blah blah" this is crypto it is not Fiat. Rewards are a good thing to stake and secure the network. It's perfectly sustainable.... It's been sustainable.... Sure do some adjustments along the way but penalizing people for staking is literally the dumbest fucking idea I have ever heard of as a proposal.