Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Lynked.World : Solving Real Life Problems in the current Digital Era
by
Lynked.World
on 24/11/2018, 07:49:10 UTC
I see that through your reward program we can earn LBD and then later on exchange for LYNK.Will there be some mechanism to prevent sharing too many LYNK tokens and that way lowering the value?

Hi Vindizzle

To ensure that additional supply of LYNK tokens (beyond the initial token supply of 200,000,000) is  not  being  done  at  a  rapid  rate  owing  to  the  conversion  of  Lynk  Boost  Dollars (LBD) into  LYNK, the distribution of LBD will  be done in a controlled and phased manner with caps on the  maximum amount of LBD being released each year. Additionally, specific locking periods will be introduced within which a member of the Lynked.World Platform cannot convert their LBD into LYNK tokens. This  is to ensure that LYNK tokens do not depreciate in value owing to sudden increase in their supply.