Post
Topic
Board Announcements (Altcoins)
Re: [Ħ] ►HYPER v2.0 ►Re-launched ►Coin Swap ►Driven by community ►AD ASTRA
by
foroplus
on 22/04/2017, 09:16:41 UTC
Coins like HBN, CAP, TRK, TEK had huge user bases and they were all due to the generous staking rewards, all were set way above the stake rate of HYPER. The mistakes they made was to leave them running for so long with a high stake reward, the devs no longer work on the coins and it they slowly die due to massive inflation.
We could take lessons from these coins, Hyper is still at a low supply and needs as many users to jump on board as possible during the rebirth. I dont want to inflate it to the numbers these coins reached.

Perhaps a simpler short term plan is something we could think about. Something like 20% for a year, then 10% for a year.
This will give us a supply around the 10 million mark in two years time and that is if we all stake at MAX, which we wont. We could then move to 5% forevermore. Hopefully by then, HYPER has a whole bunch of other uses that will attract new users. Right now, it doesn't.
The current setup of 5% for 3 years, then rising to 10% makes no sense to me anyway.

Good discussion either way chaps.
I completely agree with Higgbosunblues.
This can be an intermediate solution.