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RE: Steem Basic Income, rShares, and Automation
Was going to ask, if there is an maximum for the internal rshares balance.
But that sounds quite fair.
So it will be a "tax" (fee, whatever) above a specific threshold of rshares as a saturation function against 100%. It will function basically as a limit.
Will be interesting to hear at which amount the tax will start, how fast the tax will rise to 100% and what the limit ist. 👍
Once I define this we will make an announcement. It's not a critical function, so it will be in future development, not part of core automation. Most likely it would be 'when months inactive = n, where n is any whole number, then rshares_taxed = rshares * (n / 100)'
So basically at one month inactive, 1% of rshares are lost. At two months, 2% are lost, etc. until 100 months when rshares after the tax would be 0 and the member would be deleted. Eight years seems really like though. I will have to think about this more.
Here's a question that might be relevant someday. Will SBI be inheritable?
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