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RE: My Hive Goals for 2023 Week #14

in LeoFinance3 years ago

It depends but I don't think you can put a limit on how many tokens people can withdraw. It would require a website and even then, I think the best alternative is to pay out in a token that can be converted into Hive. I think changing it to LEO could be quite annoying. However, I don't think it's a bad idea. You just need to hash out more details on how it's implemented first.

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  • Thank you
  • I am concerned about how to limit the token withdrawal, but positive reinforcement seemed to be a good alternative to other methods.

  • I had not thought of selling the token for Leo instead of Hive or HBD be annoying? Good point, so thank you.

  • So it would be better to value the token in HBD?

Thats helpful because I also thought of just selling the token for HBD. This would mean changing liquidity pools, which I don't mind, to HBD-BUSD.

This pool would safer in terms of risk to capitol, and provide a better return then HBD in the HIve wallet savings account.

The rewards could be easy changed to Hive or HBD.
Perhaps providing rewards in stablecoin HBD is the better way to go, people can use that to buy things on Hive or convert it to the fiat of their choice.

Supplying Leo rewards upvotes on top of HBD rewards might be the cherry on top?

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It could work but I would think through about how to provide that value. If you are giving those upvotes to people who give like zero value in their content (as in same copy paste or like 50 word posts), I think other people will probably start to hit back against it. So there needs to be standards put down on how you would distribute things and I think Hive/HBD is the solution for most people. If people want anything outside of Hive/HBD, they just need to swap it over afterwards and most pools have a Hive or HBD trading pair.

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