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RE: Canada Vault update 090122

in Canada3 years ago (edited)

These are great ideas and I appreciate your input. Delegations are not required this account is not primarily used for voting, but as a container to hold funds for the tokenization of the Canada Community. It will be 1000 BEE to make a pool. There are 3 tokens in this scenario though, because there will be the SOCIAL token earned through curating that we could call MAPLE. Earn and stake by posting in the Canada community or use #canada tag. MAPLE grows. This is your tree. Then we have TAP which is staked to mine SYRUP. Then the relationship between these tokens can find their own equilibrium. MAPLE can be earned and used to mint Canada NFTs, MAPLE can be sold to buy TAP or SYRUP. We should have a MAPLE/HBD pool and a SYRUP/MAPLE pool. A fixed number of TAP 10000 maybe. A halving 21m supply of MAPLE with the downvote removed like VYB. SYRUP supply only minted when mined by TAP staking. If something like ^ this is possible, maybe we can introduce Beavers, Poutine, and more. Or maybe we don't need something so complex. If we only need one token I would choose the MAPLE and would like to see it valued at a Silver oz, with a MAPLE/HBD pool. Today that pair would be 23.24 HBD = 1 MAPLE.

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That sounds like a smashing idea. Perhaps simple at first makes sense with the option of growing it outwards as the community grow. The mining token economics makes the most sense to me. Provides a stem of which to grow off of. I like the MAPLE tie to HBD.

I was think about a contest to get more Canadian to join hive and help build the community. Still just kicking around the idea but some kind of membership drive.