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Maxime Charrière
@maximecharriere
**Inflation of Phavercoins $SOCIAL** I'm worried to know that Phaver will airdrop SOCIAL every month, reducing it's scarcity. If 2% of tokens are airdrop monthly, we need 2% more buyer to keep a constant value. There is no burning system, nor Phaver is buying back token. So SOCIAL is inflationniste, and it's value will naturally decrease. What is your thoughts @joonatan.eth on the monthly inflation of Phavercoins?
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Joonatan | Phaver CEO
@joonatan.eth
Only S2 will be 2% and they will decrease after that, plus a lot of ways to spend $SOCIAL in the app are coming. For true price discovery we need more than 10% of the token in circulating supply but doing it in monthly batches reduces the selling pressure and helps us onboard new users into the app. Later season sizes will be determined based on growth and token demand to ensure balance.
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Maxime Charrière
@maximecharriere
Thank you CEO for having taken the time to share with us these clarifications! I totally see you point that this kind of airdrop are essential now, to bring new people, even if it will devalues slightly the token. And as you said, the most important is to found utilities to the Phavercoin, to increase its real value. I'm happy to see that your team is working hard on this point 🔥LTF🦄
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