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General Discussion / Re: inactivity fee and security
« on: October 17, 2014, 01:35:24 pm »It doesn't make sense to me. The fee will force people either sell their unclaimed stakes or transfer the stakes once awhile , neither way you can get 5% fee from them, unless they don't know about it at all. Which means although this can be announced as widely as possible but the punishments will only drop to the people who hasn't heard it, it still feels morally not right.
People with unclaimed stakes paid for their stakes as everyone else, they are being more supportive to the whole market than the dumpers at least.
A fee that can be avoided with a as little work as importing your wallet and making a single transaction is not really a fee. All future DACs will have a much stronger inactivity fee: losing 100% of your stake over 12 months if you don't get involved within the first 3 months. This is a good way to drive new users to try out your DAC and gain adoption. Otherwise many people may not even bother trying a new DAC.... silent partners if you will.
Thanks for the clarification, but I am a little confused because of the quote above from a couple days ago. I assume you were responding to BTSX. I was referring to BTSX.
If all future DACs will have this inactivity fee, how then will that be implemented