RE: Hive Project News: CTPSB, EDSD and UTOPIS
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Great post and thanks for the mention!
But just calm the hell down and think about it! They see that long-term growth will be difficult with the constant cost of rewarding its delegators. That capital could be better used to grow the account and boost the value of the CTPSB token.
According to my calculation, the project was actually paying more than 90% of the income generated by the delegations as a reward to the delegators. It was a kind of zero sum game that was limited to a certain size of delegations. In short, it wasn't scalable. By not rewarding delegations there are no limits anymore. It's possible that the token value will grow at a slightly slower pace but it's 100% sustainable and won't cause me too many headaches :-). Thanks a lot for your trust into the CTPSB project!
It's my pleasure! I'm looking forward to watching that slow and steady growth, and you can count on my support into the future. Thanks for the great work! 🙏
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Thanks a lot for your support. It means a lot!