Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Resurrection of Sprouts Classic 2% Daily APR Interest, 730% a year
by
four3200
on 24/02/2019, 06:47:29 UTC
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!


KissofDeath is to hardfork.
Stay Classic = never fork.
Hyperinflation is a feature.
If you want to do something like the above then just fork off call it sproutsClassicReducedInflationOnlyOneBillion
The point is forkoffs give new value to holding SprtsC.
They could be done every 6 months.

Quote
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?

These are better steps to focus on.
Marketing/Airdrops/EventDrops/Burns

EventDrops Meetups
SPRTSC is the easiest to give away and get people hooked on crypto.
We can be the gateway coin.

So that means mobile app.
Paper Wallets.