BitShares Forum
Main => General Discussion => Topic started by: fav on June 10, 2015, 01:48:09 pm
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The default vesting time will be 12 months, however, we will be able to vote on the period.
I caught some ideas in other threads, I think it's a good idea to discuss several proposals beforehand. Hopefully we will have a direct impact once the voting is live.
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Can I please check, is this the vesting time for all BTS funds once the new blockchain goes live? oops, just noticed the (affiliate) bit! Nevermind.
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Can we please get an explanation on the attack vector as to why affiliates should wait a year? Waiting a year for a paycheck is something that should be reserved for founders of companies, not affiliates. This will seriously deter those who want to market for BitShares. 1 month sounds way more reasonable.
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How about 0? I still do not understand the necessity of vesting referral income. Seems to me it makes the whole referral thing just that much more convoluted while trying in a roundabout way to level the playing field. Trying to reduce marketers' potential options for enticing new members does not make much sense when the whole point is to get more users into the system.
This is what vesting is trying to prevent?
(http://i.imgur.com/lSwpykX.png)
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Update: bytemaster said in the last hangout that they will change the default vesting period to 1 month.