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RE: SCV Burn 16

in #leo • last year

The project is still running
Currently sps divs are paid out usually once a week occasionally more often
The buybacks have stopped due to vouchers price dumping badly and that's where the buybacks came from. As soon as the proces recover we will be resuming buybacks.
For now just enjoy the sps dividends and remember the tokens are all backed by splinterland licences so if we ever decide to end the project, licenses will be sold and all tokens will be bought back meaning noone should ever lose any money

last year in #leo by
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     last year  

    Thanks for the fast answer!!
    good to hear its still going
    then i will keep adding SCV
    i read the payout is 300 SPS per week for 900M SCV
    it should be around 15 SPS a year for every 1k SCV?

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       last year (edited) 

      Honestly have no idea but I wouldn't argue that math lol
      There are 900k remaining

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         last year (edited) 

        yeah
        300x52/900kx1000= 17.3 SPS/year/1000 SCV
        thanks for the info!
        hope you can resume the buy backs at some point, and adding a 3rd node too!

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