NO MORE SPI AWARDS 😱😱😱
Because the community voted to change the cap on SPI tokens to 100,000. It was initially One Million, but sales had stalled out to Near ZERO, I was still buying for this NEO project, and a few for myself. The community at large voted heavily to cap, and the 100k limit won by a large margin. There had been over 95,000 already issued, so we basically STOPPED ISSUANCE at that time. So if you don't have them, gotta get them off the exchange! 💪 SPI IS CLOSED!!!
...so we have like 3 choices...
ONE
We can go to a completely hands-off arrangement similar to @spinvest-leo, I believe he is going with 100% native LEO that was earned with the deli phase. The project is now self-funding and issuing no rewards. Option ONE.
TWO
Number Two would be a voting based rewards system, you get votes from the account based on your DELI Size. I will require notification of Deli Changes, in order to set your vote size. Minimal operator input, Big Plus imo 😂
NO FEES
THREE
Number Three would be similar to the prior setup, with rewards paid out 'in kind'. That means NEOXAG Rewards, sent back to your account on a schedule. Then it would also require notification of Deli Balance Changes, which I have not monitored properly in months past. Voting would be like option 2, subject to changes in votes received based on DELI Size. But a big outgoing vote from Spinvest-Neo means a bigger return in curation, so we are not going to try and make a bunch of tiny votes outgoing for small Deli. BUT, I will strictly enforce the 1,000 DELI minimums for rewards. Plus, NO ALT ACCOUNTS to add up to 1000 🤣 I don't need the aggravation, Just move your DELI all to your main account and send it once. 1000 DELI Minimums only for option THREE. Plus a small fee at payouts...
Posted via neoxian.city | The City of Neoxian
Go with number 2.
Keep the volume producing payouts and rewards for content creation.
Posted Using LeoFinance
That is a good choice, I can easily justify that amount of work and no fees. I think it's better than a true DELI-less setup, and keeps the votes healthy. We need to add a lot more curates, the VP is running too high of late, for max earnings. Or you need to post a lot more, Task :D
Posted via neoxian.city | The City of Neoxian
LOL I will take that into consideration.
Sleep is overrated.
Posted Using LeoFinance
Indeed!
Your Output, Quality and Production Value are so high,
I bet your schedule is FULL. When I was working in my
TESLA LAB I was able to go 20 hours a day, 6 days a week,
Like Nikola said, "my work gives me energy" and he surmised
that the electrical fields were directly energizing his body and
mind. I totally agree! I need to set that back up, if only for the
physical benefits. Tesla was also the originator of ELECTROTHERAPY
Posted via neoxian.city | The City of Neoxian
I would like option 2
!bro
My vote goes to option 3.
!BEER
Hi RONDO!!
Posted via neoxian.city | The City of Neoxian
well as I curate and invest and do very little blogging I am not sure any of those options do me any good.
I respect any decision you come to, Eric.
The SPI rewards were the best, while it lasted.
It has grown quite a bit and they were over $1 share for a fleeting moment!
Still running around 50c right now. It was a good run, but the curation accounts were buying nearly all the SPI sold, and SPI sales were stalled out, The community has spoken... I don't remember for sure if I voted for 100k or 250k SPI cap, but I was in the camp of "less is more". I was #1 hodler last I checked, it would be nice to stay #1 but top 5 is great as well. I don't want to see SPI in fewer hands, but in too many hands may dilute the prices on the exchange and make the coin look "cheap" when it is actually worth ~1.5 HIVE. Right at it on the 5 day average.
Posted via neoxian.city | The City of Neoxian