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RE: STEEM wave might raise PAL

in #palnet6 years ago

Busy and steempeak are enhanced front ends for the complete steem blockchain where as Pal is a sort of sidechain they refer to as a Scot community

It allows users filter content for a certain community into one front end and makes it easier to manage and curate!

The scot tokens via Steem engine allow for unique rewards that can be sold for steem so effective you double your reward potential when posting to a Scot community

While scot communities may have initial sell pressure it’s very small as people who sell are those who received from the airdrop and maybe earned a few tokens which isn’t much

Pal isn’t premined to the extent steem was! It’s initial distribution was done via a airdrop based on your steem holdings and to memebers if minnow support which had to be claimed! New PAL is created by Holding Pal miner tokens

  • Pal is also 50/50 on curation
  • Pal lets you exchange pal tokens for steem upvotes via minnowsupprt which redistribute the pal back to delegators of minnow support

I think the token will hold its value because the ability to leak value is pretty small while the potential earn is even smaller and only grows as you stake or invest

It’s an interesting use case and I’m keen to see how it plays out

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