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smooth.witness

@smooth.witness

2,119 followers 0 following 18 posts Reputation 63.38

smooth.witness
@smooth.witness Feb 23, 2020, 5:24 PM UTC

Resigning as a witness

For some time I have found that external demands have made it challenging for me to devote the time and attention necessary to be a conscientious and committed top 20 witness. With the recent sale of…

287 upvotes 8 downvotes 79 replies $31.84
smooth.witness
@smooth.witness Apr 17, 2017, 10:03 PM UTC

Steem dollar policy update and warning to converters

I am in agreement with the thoughts behind abit's comments With the same goals I will be adopting a similar but slightly different policy, where I do not set the bias automatically, but I will set a…

101 upvotes 22 replies $0.00
smooth.witness
@smooth.witness Apr 1, 2017, 12:23 AM UTC

smooth.witness update

I've updated to 0.18.1 (0.18.2 on some non-witness nodes). Congratulations to @sneak and the rest of the team on getting the release out and working with the community to reach consensus on the featu…

76 upvotes 3 downvotes 8 replies $0.17
smooth.witness
@smooth.witness Jan 31, 2017, 8:23 PM UTC

Witness update

I will be reducing my vote on SBD interest rate (APR) from 4% to 2.5% as of February 1 and reducing my account creation fee vote from 50 to 30, which is the current median. My price feed discount wil…

255 upvotes 4 downvotes 34 replies $16.35
smooth.witness
@smooth.witness Dec 31, 2016, 9:00 AM UTC

Witness update

Several witnesses have agreed to routinely make any necessary SBD interest rate updates at the beginning of each month and I have joined this agreement. The purpose of this policy is to ensure that e…

177 upvotes 19 replies $6.87
smooth.witness
@smooth.witness Dec 3, 2016, 8:22 PM UTC

Witness update

### Policy changes In preparation for the upcoming hard fork I have reduced my feed discount from 8% to 3%. Separately, I have reduced by SBD APR to from 8% to 6%. ### Background The fork will reduce…

150 upvotes 5 replies $4.24
smooth.witness
@smooth.witness Nov 28, 2016, 6:44 AM UTC

Witness update

Just a small update. After further discussion with some other witnesses (mostly @clayop, @bacchist and @timcliff) I have been convinced to reduce my feed discount. Previously it was 12%. I will be re…

325 upvotes 10 replies $10.40
smooth.witness
@smooth.witness Nov 27, 2016, 1:14 PM UTC

Witness update

I will be upgrading my witness to the upcoming 0.16 fork assuming no technical problems are discovered before December 6. I have reduced my witness SBD interest rate (APR) setting from 13 to 9%. I do…

315 upvotes 37 replies $20.53
smooth.witness
@smooth.witness Nov 21, 2016, 6:22 PM UTC

Witness update

I have reduced my SBD APR to 13% from 15%. I have done this because SBD has been consistently a bit too strong, sometimes trading with a bid above 1.00 USD (and ask significantly above 1.00 USD). In…

223 upvotes 7 replies $8.10
smooth.witness
@smooth.witness Nov 6, 2016, 6:29 PM UTC

Witness SBD pegging policy update (and more)

I have backed off a bit on my witness SBD APR parameter from 20% to 15%. This is the current APR on the network as set by the median of witnesses on the network. I believe 15% is possibly a viable AP…

73 upvotes 8 replies $0.07