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RE: Steem Total Value Powered Up - $66 million - December 26, 2021
Sending Steems to exchanges creates selling pressure. Should a new arrangement be made during the powerdown period? 8 weeks seems ideal.
I didn't see any obvious gain in STEEM's price when they reduced it from 2 years to 13 weeks or when they reduced it from 13 weeks to 4 weeks, so I'm not sure how much doubling it would help the price. Personally, I would prefer a longer powerdown window just for account safety - so that funds cannot be fully withdrawn inside the account recovery window, but it's not high on my priority list.