I've a proposal
Why can't SPRTSC reduce the POS?
Like 2% per month instead, which is still a lot.
Why not have a fresh start?
- Less supply
- Less % POS reward
SPRTS was a success when the supply was lower and hyperinflation did not set in yet.
Let's go back to 1 billion (1:50000 ratio?) supply and start this new supply with 2% POS a month (+- 30% cumulative POS per year).
Please devs give this serious thought, because current SPRTSC has no future. Price will only drop. Don't let us all lose money again!
Other points:
- Have a coinburn every month by holding special events. Dev team should play a core role in this.
- Is SPRTSC listed on staking websites?
- When is SPRTSC going to hold airdrops to attract more people, and increase marketing?
RULE NUMBER ONE IN CRYPTO:
- If you make a new coin give it a fixed in stone maximum supply (e.g. 21 million) aka digital scarcity.
RULE NUMBER TWO IN CRYPTO:
- Do not break the the first rule.
RULE NUMBER THREE IN CRYPTO:
- If you break the first rule your coin will be fucked up and its value will go to zero with 100% certainty. Only banks are so stupid that they inflate their fiat currencies to oblivion.
So regarding Sprouts:
- Give it a fixed in stone maximum supply. People can stake their current coins until the maximum supply is reached. After that the free markets will decide the value of one Sprouts.
- Plus code a Linux wallet!