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RE: Key Update for SEED - Let's talk about Founder Fees & our Maximum Supply

in LeoFinance3 years ago

This is overcomplicating things. Not to mention that I would have to create a new token and airdrop everyone the correct amounts.

Why does 1 SEED at 5$ or 5 SEED at 1$ matter? In the end, it's the same.

Mcap of SEED also doesn't matter. What really matters is the value that is backing it and the possibility for holders to get out (exit liquidity).

Or what I'm missing?

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True I mean backing assets and not MC :)

It would be IMO easier to expand. If at some point assets are worth 5x more, you can airdrop new seed to holders - your management fee, that goes to you.

You can also sell again and again tokens for 1$ + premium for example every time you airdrop tokens to holders to bring value back to 1$ each token.

Why do I think that's beneficial?

IMO in terms of managing and trading, it can have benefits. Also you can get your % more easily and in a semi-automatic way.

And maybe with more tokens, more trading will happen :D But yeah can also end up the same with more work, who knows :P