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RE: Why are so many High Reputation steeminans in power down mode?

in #steemit7 years ago

Update on this comment - I have just found out that power down is no longer over a two year period - it is now 13 weeks - you may have already known this? Anyway it's new to me even though it was instigated 8 months ago - see the following post for info on the new power down period and also the reduction of 90% inflation to 10% inflation and the percentage that Steem power gets https://steemit.com/steem/@steemitblog/final-review-of-steem-economic-changes
Have a beautiful day! ;-)

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Thanks for follow-up I was aware power down is 13 weeks. You get this warning when you power up.

I think they were having trouble getting most people to want to power up, when you had to commit those funds in a lock-up for a couple of years