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RE: Transparency update regarding SEED

in LeoFinance2 years ago

Hehe, I like your thoughts on dividents, it's quite true.

A bit in the same boat I also wasn't a fan of adding "staking" rewards to POSH, although most tokens have them, without being able to do anything with it such as PoB, it feels pretty useless to me. Why reward people more for locking up tokens? To remove temptation from selling? I'm sure people are more patient by now and think twice about their trades after all these cycles, if not then you know how trades are, there's always someone else getting the better deal in any exchange. It's not like they need it for governance voting neither.

Instead we might introduce "staking" rewards in a form of daily dividends (:P) to POSH earners in the future from a POSH token pool of previously bought tokens from the market, this might be a cool new layer to see who'll hold it for "another round" if you will.

We do however have some reward plans for buyers/investors as well, but I'll stop here so it doesn't sound like I'm just trying to promote POSH again.

Like what you doing with SEED and thanks for the trust of your delegations, we'll try to use it as well as we can with our manual and double-checked/vetted curation!