A quick “fix” would be to over incentivize staking so people really want to stake their token which dries up Hive in exchanges.
I am not exactly sure what that would look like. I am sure there are many clever ideas out there.
Shooting from the hip here but .... maybe longer staked Hive earns more RC weight over time for the same amount of Hive. In the future when RC become more valuable, the user will earn more passive income from longer staked Hive then someone who just stacked because they can rent out more RC, etc. That make any sense
Or really crazy idea is somehow each token gets a unique identifier tied to the block it was created. Earlier dated tokens should have more influence, value, whatever it would be than more recent token. The incentive would be to hold onto token and not get rid of them. So when you stake it isn’t just how much but what type. It would be like holding 2009 bitcoins vs 2020 bitcoins if the 2009 bitcoins had unique traits.
Like a good wine. I like it
This could be used as a vehicle to try to reduce the supply of Hive tokens in circulation but the easiest available way to do that without making drastic changes is to increase the rewards of having a large stake of Hive Power which comes in the form of increasing the weight of people’s ability to distribute rewards proportional to their Hive Power balance. That has the result of making whales more powerful.
Unless there is a popular trend floating around that I’m currently ignorant of, Its my understanding that most users leave their default reward settings on 50/50 which creates a fork in this flow of distribution, but the strategies suggested in the article to achieve token retention can target HP, the issue with this is most people favor instant gratification over delayed gratification so people still have to choose on their own if they want to power down their HP, but the simple inclusion for this is into the strategies suggested in the article to accept HIVE tokens as payment for goods and or services which would serve the purpose of cutting into the percentage of tokens that are traveling to the market before they leave the platform.