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RE: The CTPSB Richlist
Another week of 16% APR, great work. Actually nice increase to 16.6% APR. Is the plan to always burn two tokens per week? Or stop if the APR stays above 16%?
0E-8 BEE
You are viewing a single comment's thread:
Another week of 16% APR, great work. Actually nice increase to 16.6% APR. Is the plan to always burn two tokens per week? Or stop if the APR stays above 16%?
The burning of 2 tokens a week is not 100% sustainable so we try to do it as long as possible. I believe we can do it for about 1 year at least. We try to keep the APR at or above 16%. Since we calculate it over a two weeks average, there are some up's and downs :-)
Thanks for the additional info.