Everyone, as mentioned before about the new final APR, we are proposing the new final APR to be 1.337% as oppose to the originally planned 13.37% in order to keep coin supply in check and improve coin value. We would like to hear from you all as your opinion matters. Polls are open here and on Twitter
https://twitter.com/1337CoinUpdates/status/929404710745989124I'd personally vote for the final APR to be 1.337%, provided that it was followed by a significant decrease in circulating supply through, say, burning. I believe that's the only way 1337 can increase in value, since applying only a low interest rate wouldn't affect the price much because the circulating supply would still be too high for the value to appreciate.