Amazing Feed-back!
Last week we published a post that was meant to be a brainstorming regarding the future of the project. It was great to see that 14 people gave their feed-back. A big thanks to all of you who left a comment.
What I can deduct from your comments is that the plans that I have presented go into the correct direction. I saw that people were quite positive about it and this gives me some new energy to develop CTPSB into something even better.
I will take some time now to think things through and will figure out where to go from here. The good thing is that there is nothing urgent about it and I want to make sure that your inputs will be taken into consideration.
First power down
A week ago, we informed you about the sunsetting of the NFT's project on CTPSB. The first power down went through yesterday and almost 10% of the necessary funds for the big dividends are already available. However, I will wait until the whole amount is available before doing the dividends.
The numbers of this week
During the last week, the project evolved as follows:
| Assets | Amount | Increase over last week |
|---|---|---|
| Hive Power | 32471 | +87 |
| Tokens in circulation | 9457.5 | +0 |
| Burnt tokens | 2040.9 | +0 |
| Token value | 3.433 | +0.009 |
| APR | 13.85% | +0.1% |
In regard to the reflection that was started, I decided not to use 100% of the potential of growth to push the APR of CTPSB. The changes that are thought about would require some investments and the easiest way to get the funds together, is to use the liquid part of the post rewards and the amounts that are used to burn tokens. I believe that like that, it will be quite easy to pay for a potential liquidity pool on hive-engine. This reduces the APR by about 2.8% on average. In the long term, it should however profit everybody.
Learn more about the CTP Swarm Booster:
Excited to hear about a new liquidity coming up! !BBH
It will take some time to get there but I think we will definitely get a diesel pool ;-)
Hi, @ironshield,
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It will be interesting to see how the changes work out.
It will take some time but I think it will be worthwile
I think that would be a fine approach, but I still think the name CTPSB might still require a rebranding. CTP hasn't been that active after Jongol passed it to someone else.
I believe that it's one of the most important changes to implement.
Thanks for the update.
Yes that's fine. Funds will be needed and what's better way than start accummulating in advance. A dip in APR is fine, no one will know :-), just kidding
!PIZZA
!ALIVE
!BBH
Hehe, well that's why I write about it lol
That is a good number of responses to the post. Glad you were able to get good feedback. Look forward to see all the changes put in place over time.
I will need some time to think everything through but it should be exciting :-)
All the Best for whatever direction you are choosing for betterment.
!PIZZZA
Thanks a lot for your trust!
Interesting.
!DIY
!BBH
Thanks ;-)
You can query your personal balance by
!DIYSTATS(1/20)
@ctpsb!
You Are Alive so I just staked 0.1 ALIVE to your account on behalf of @imfarhad.
$PIZZA slices delivered:
@imfarhad(1/5) tipped @ctpsb
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