The Steem deposited with us against the Token -will be invested in below activities to meet the obligations:
Other stable currencies
Steem delegations
External fixed rate lending
At present receiving delegations is not our priority as we can have enough bandwidth to support our transactions on the blockchain. But may consider in future if there is lot of demand.
Again thanks for your nice advice. You get 0.5 Token again from us.
You know how some Steem projects offer SMT in exchange for delegations? I was thinking the same for you. But you could leverage Smartsteem/Minnowbooster to sell the votes via the delegations to gain liquid money to back the currency. According to Smart Steem: 200 Steempower 0.085 STEEM(+ curation) which is about 0.04 US daily. Weekly about 28 cent. And you can give the Stable coin weekly as well in turn for delegations. And with the 5% conversion "stability fees" you give delegators 0.014 usdone.
Probably some issues as you might have to cap the delegation number unless your ok with giving less than a penny tokens(which could show of the power of the token use but that iffy).
The Steem deposited with us against the Token -will be invested in below activities to meet the obligations:
Other stable currencies
Steem delegations
External fixed rate lending
Would pretty cool if we can delegate and get the token. I imagine leveraging Smartsteem/Minnowsteem can help you earn from the delegations...
At present receiving delegations is not our priority as we can have enough bandwidth to support our transactions on the blockchain. But may consider in future if there is lot of demand.
Again thanks for your nice advice. You get 0.5 Token again from us.
Was meaning like proxy voting selling ie you sell votes and give delegators stablecoins...
could you please provide more detail about it with examples. seems interesting
You know how some Steem projects offer SMT in exchange for delegations? I was thinking the same for you. But you could leverage Smartsteem/Minnowbooster to sell the votes via the delegations to gain liquid money to back the currency. According to Smart Steem: 200 Steempower 0.085 STEEM(+ curation) which is about 0.04 US daily. Weekly about 28 cent. And you can give the Stable coin weekly as well in turn for delegations. And with the 5% conversion "stability fees" you give delegators 0.014 usdone.
Probably some issues as you might have to cap the delegation number unless your ok with giving less than a penny tokens(which could show of the power of the token use but that iffy).
Thank you. We will think over it as we move forward. This is good suggestion.