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RE: Hey NaturalProducts Community, You Asked and We Listened...

in #naturalproducts4 years ago

We've now moved the author/curation reward to 50/50.

I don't know what justification you found reasonable to effect this change ...but wait. I see that author reward percentage is still unchanged and set to 60%!

because of that beneficiary, we have been able to add the POS reward to benefit community members that stake their tokens.

IMO, it's not the best use of beneficiary rewards. You could have set it at the outset too. 10% POS reward isn't going to encourage investment for the sake of staking because if a passive investor doesn't author or curate, 10% staking reward isn't going to safeguard her original investment.

Despite you offered a higher author rewards, there ain't many authors and sometimes I don't find any post to curate even though I upvote each and every post published on this platform (what's curation?!). So if there ain't many posts to curate, it's difficult to even earn that 40% share of POB reward allocation. So you may even argue that you need to increase author reward share! But no doubt that if you want to encourage staking and curating, you should increase curation rewards / PoS rewards ...and that's what you did to some extent.

The better use of beneficiary reward would be to find some real use cases for NATRL token and to expand the community at a higher rate than the set inflation rate for NATRL token. If you fail to expand this community at a minimum to match its growth rate with your rate of inflation, the only way to arrest the token prices is to decrease your token inflation rate to the rate of expansion of this community.

So would you like to drastically decrease the inflation rate for NATRL while putting gigantic efforts to expand the community?

... coming and going, ups and downs are to be expected over the short term.

I don't see this any logical but just an excuse to defend and presume that everything is going on as expected.

We will contribute back rewards on purchases going forward.

Any details? BTW, this is not going to hold token rate at this moment. Because you get only 10% as beneficiary and inflation rate is 2.7 times higher than that. So unless we see a regular 17% growth in the community, even all your beneficiary rewards if used for buy back won't be able to hold the token rates.

And you skipped to answer this:

What time frame are you considering for the buys?

In case you didn't understand, the context for the above question is your statement:

buy NATRL... if you buy it we'll burn the equivalent !!!

Thanks for your concern!