5% per year interest will help keep HYPER more valuable. I actually think this is great unintended affect of the relaunch, and it should be kept this way.
Should we start a poll though, just take make sure most of the community agree with me?
I also believe this would benefit HYPER more than setting it to 5%/month again. If we decrease the large inflation and there are less coins being introduced then the coins will have more value. The higher HYPER's value is the higher the chances of attracting bigger services into incorporating it.
If HYPER was set at 5%/month then just the swapped coins already confirmed, if they stake it, will introduce an additional 93,000+ HYPER in 1 month. That amount will compound monthly and grow at a substantial rate decreasing HYPER's worth even greater. 93k this month, 98k next month, etc. At it's current rate the inflation would only be 1/12th that at around 8,000 HYPER.
A poll on this would be great.
crazyjack has proven himself to be completely trustworthy when it comes to helping users with the HYPER swaps.
If the user has the old HYPER wallet.dat, perhaps they can give it to crazyjack, he can then verify the balance and process the swap for the user.
This should help sort out most of the problems regarding authenticity CryptoDatabase, what do you think? At least for the people that may very well be having genuine issues with the old wallet. I agree we need to be careful, it would be disastrous if someone somehow claims a large amount of fraudulent HYPER.
He mentioned he can sign a message from the address that it was sent from. If everyone thinks the coins should be sent out again then it can be done, just depends on what everyone wants to do.
I think everyone who has participated in the swap and relaunch wants to see their HYPER become more valuable.
So I think we should stick with the new 5% per year staking rate, unless there are considerable objections here that will then warrant a vote.
So if you want to see HYPER go back to 5% monthly interest please let us know, but looking at other high PoS rate coins like Hobonickels, it hasn't worked out too well for them, and I strongly believe that we should keep the rate at 5% per year to help make HYPER more valuable for all of us.
Glad the swap issue is being resolved, you're dong a great job. We obviously want people to be able to swap their HYPER, but it is important no scammers get through and effectively steal HYPER from legitimate users that haven't swapped yet.