That obviously makes a lot of sense. I do like the idea as a whole though.
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It's a sort of insurance program, however, we could just do it as "buyer beware" as well. If you want a stake.. Then its up to you to convince others to stake you.. Whether that be by reputation, long standing member, ITM % etc..
Thoughts on getting rid of the insurance?
Thank you Zab, great job as usual.:D
Are you referring to the 10 points just to post a stake or the insurance of $5.00 stake = 500 points you must put up (Which you will get back)
all i can say is wow and well done..can't wait to use this feature
if we want to offer some sort of insurance then maybe it should be something like to gain access to staking forum you put up a non refundable 5k points or something. 10$ basically and you get access but if you fuck a staker 1 you lose the 5k points. 2 you lose access to stakers forum forever. and 3 you get banned from site. that should defer most from screwing someone over and we have a nice pot to pay back the stakers with.