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RE: @tipU Investors Update 19.03.2019: Website, Tokens and Airdrops :)

in #steemit6 years ago

I have a question regarding the token burn feature.

If say in one day only token burns were used to fund upvotes, tipu profit would be tiny (abit from curation of course) this would mean if someone only delegated SP and didn't hold tokens it would lower APR.

Of course this would be great long term for a token holder due to the supply decrease.

So basically, won't SP delegates see a fall in profits if votes are brought with token burns?

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That's a very good question. I don't think that many users will use the tokens to pay for upvotes - but if they do, @tipU will pay for those upvotes from it's own pockets. Or in other words generate and distribute the profit that those upvotes would do if they would be made by STEEM and SBD.

We'll see how this turns out but I expect maybe few tokens burned every few days which compared to a total of 1000 STEEM generated daily is not much. !tip 1 steem :)


Check out @cardboard blog here and follow if you like the content :)

Sending tips with @tipU - how to guide :)

🎁 Hi @mannaman! You have received 1.0 STEEM tip from @cardboard!