Post
Topic
Board Announcements (Altcoins)
Re: eXperience Points [XP] ENGLISH
by
davidwinston
on 10/04/2019, 02:15:23 UTC
What can work in situations like this is to change the staking percentage to something lower.   Stackbit and 1337/EliteCoin both did that and it worked.  You have bagholders of early adopters who want the coin to succeed.  You put some utility into the coin to give it a reason to live.  Looks like XP already has that, just needs to create a new wallet with something like 15% staking so people still have a reason to use the wallet.  Staking for good returns is going to get more and more popular.

What does staking have to do with the 200:1 swap that will soon take place? You can stake all you want, but losing 99.5% of your coins is not worth it.

Everyone will be losing 99.5% value of their coins after the 200:1 swap.

Keep staking XP if you want, but you're pretty stupid if you ask me if you want to lose 99.5% of your XP!