RE: HF Proposal: Vote AGAINST Reducing Power Down Period to 4 Weeks
They don´t understand DAOs, the decision was already made! Those people uncomfortable with 13 Weeks already exited and have no Power left to back their claim. It is a pseudo decision --> biased towards people comfortable with holding. If those proposals are designed to please bag holders...fine. If we really want to leverage the "wisdom of the crowd" (if there is any), we should read some articles by Buterin, Merkle and other folks about what a DAO actually is. The inner German Wall was designed to hold people in the country but at the same time was the biggest incentive for people to leave at every opportunity. On the other hand VC funds have lock-ups of 10 years - industry standard...There is a point in having long investor lockups... However, I wish the whales and the community the best luck to make the right decision. Probably not everything should be polled, and if there is a poll it should be without those statistical-text-book flaws. A poll like this should not be accepted because it is potentially harmfull.