MEME Token Trade-in: What About Staked Steem MEME Tokens?

in #meme5 years ago

Yes, I used this meme on MemeHub community about a week ago but it goes perfectly to an update for a post I made on this community about two weeks ago.

One of the users making an exchange claim reminded me that the unstaking time window for steem MEME is more than the month I am offering to exchange steem MEME for hive meme tokens.

So this is the plan to handle that issue: Just like GEEK token this is going to be an honor system that anyone making an exchange claim for hive MEME will eventually unstake and burn all their steem MEME.

I am making a gradual transition to fully be on hive. I am powering down all my steem power. I am selling off all my steem tokens, I've burned all my steem MEME tokens. The limited time offer I am making during May to exchange steem MEME for hive MEME is part of my transition to get out of the steem platform.

Image source for meme: Rick & <orty

  1. Send whatever amount of steem MEME tokens that is unstaked to @null for burning.

  2. Reply to this post or the previous post with a link from steemd.com for the MEME token burning transaction so I can see it. I will check the steem-engine account that burned the steem MEME for any amount of staked steem MEME and add that number to the burned steem MEME. So, burned steem MEME + any staked MEME = all steem MEME in account for burning. Feel free to include in your reply for an exchange claim the amount of staked steem MEME if you want to make sure I am aware of it.

  3. After I verify the burn transaction plus staked steem MEME amount I will issue the hive MEME token trade from @memehive.

It may take up to 72 hours from the time of your reply to this post requesting hive MEME tokens for the hive MEME tokens to be issued. I will do it as quickly as I can but I can't guarantee there won't be delays. This is all being done manually.

Since there are a lot less hive MEME tokens than steem MEME tokens the ratio for trade is 10 (ten) MEME steem tokens for every 1 (one) MEME hive token. For example, 100 steem MEME tokens for 10 hive MEME tokens.

The trade-in offer is only good from the time of this first posting through the end of May 2020 and is based on the steemd.com transaction timestamp. Any transaction with a June 2020 or later date will not be valid.

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Can i get mine too when you have the time, i will burn these when you send them

Technically the rule is you have to burn the steem MEME first so the transaction has a timestamp but I made the rule so I can make a judgement when needed. In your case you have a good reputation score of almost 38 and your account is currently not on any Hive blacklists so I will trust that you'll burn the steem MEME.

Someone else might have looked at your account and thought that reblogging several posts of another account in the past that has already made a claim was "suspicious activity" but I don't have a rule right now against that either even if it was suspicious. :-)

I have issued 2500.0 Hive MEME to your osirisofthemoon hive-engine.com account at an exchange ratio of 10 steem MEME for every 1 Hive MEME.

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this is a spare @darkmrmystic account bud, just trying to move everything over to Hive, will burn those in the Osiris account. thanks bud

It's fine. I am not @steemhunt making up a new rule and retroactively enforcing it. :-) I just want to make it clear I am doing my due diligence.

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Like I said one the other post till i found this one... that's a lot of wait time depending on how often they go through.

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My proof I guess

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I have issued 7,600 Hive MEME to your darkmrmystic hive-engine account in exchange for the 76,000 steem MEME you have staked at an exchange ratio of 10 steem MEME for every 1 Hive MEME.

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Just burn the staked steem MEME tokens whenever you can. Thanks.

For some reason it doesn't look like the issued MEME is appearing in your account. I have asked about the issue on steem engine discord (which is also for hive engine).

Based on previous discussion in the discord server earlier today it looks like maybe there's a problem with a node or something with hive keychain. I'll keep you updated.

It looks like the problem is still happening. I made another comment in the discord this morning trying to get the issue resolved.

I'll continue to keep you updated.

I haven't found out what the issue was but I tested issuing tokens tonight and it is working again. I don't know what happened to the first transaction and since the transaction doesn't appear in the token explorer I am reissuing 7,600 Hive MEME to your darkmrmystic hive-engine account.

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Got them, will be sending the old ones to null when finally out, sorry not on here often

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