We have seen a variety of perspectives on recommended park rate voting. Until an automated feed directly into the NuClient is possible, I plan to update this thread manually with recommendations.
I recommend 0% rates for time durations shorter than 11.4 days. I don’t believe parking for shorter durations than this are of any benefit to the network, because the funds become available again nearly immediately. Also, for extremely short durations, the transaction fee can exceed the parking reward, which is a bad user experience.
Today’s buy-side support is higher than ever, at almost USD 150’000. This means that the peg is looking strong, so I recommend low rates for short-term parking. However, NuBits is still largely untested, so I recommend rewarding long-term parking with moderate-to-high rates. Remember, in the crypto world, one year is a long time! The commitment to trust the NBT/USD peg should be rewarded. Moderate rates will also help to encourage new users to try out the NuBits client.
Keep in mind that the Fed targets USD inflation at 2%. Anything below 2% is considered a loss for the parking user, and a gain for the network, because of USD inflation. 2% can be considered the “standard” rate, so subtract 2% from your votes to visualize the “actual value” of the rates.
Below are my current recommendations.