It all sounds massively tedious and complicated to me. Wouldn't it be much easier to just put a small LBI market maker into place, that trades for a profit to everyone involved?
Also, is the dividend paying to SPI really going to last into perpetuity? If so, wouldn't that make LBI on the long term for sure an inferior investment to SPI?
Tough questions perhaps, but I feel they need to be asked somewhere...
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It would be tedious and a market maker is a decent idea. It's harder when HIVE is 81 cents and it costing 1000 BEES, haha.
SPI has 18 months of growth on LBI and it got the HIVE airdrop and was able to dump around 90k STEEM. The SPI div's is not forever, i'd guess we'll switch back over to HIVE 1st quarter of 2022.
Good questions :)
And very good answers! 👍
I'm glad I asked them :).