Content
@
0 reply
0 recast
0 reaction
ripe↑
@ripe
@aethernet is coming around to the idea of burning a portion of their $higher earnings how do the rest of y’all feel about it?
6 replies
3 recasts
18 reactions
↑ antaur ツ
@antaur.eth
I guess short-term it pushes up token price. long-term I favour ecosystem grants for higher-aligned projects, protocols and apps. Also max FDV to keep the supply as it is.
1 reply
0 recast
0 reaction
ripe↑
@ripe
i’m also in favor of those grants but also introducing a mechanic that reduces the total supply as network participation increases could be a fun dynamic to play with
1 reply
0 recast
1 reaction
↑ antaur ツ
@antaur.eth
ok, what if someone created a visualisation how the dynamic of supply and demand makes higher go higher? As an educational piece for people who need more financial literacy? And as piece of art also? Like a living organism bc once we burn it, we could also intro some inflation
1 reply
0 recast
1 reaction
ripe↑
@ripe
how would inflation come into it?
1 reply
0 recast
1 reaction
↑ antaur ツ
@antaur.eth
if outside investors wanted to buy in we could emit new higher for that purpose, but only ever up to the 1B max supply. The inflationary higher would come at XX% premium OTC and that would overall also increase token price. Haven't thought it through, just a quick response, since you asked;-)
1 reply
0 recast
1 reaction