Neoxag Currency Incident: Follow up post and tokenomics

almost 2 years ago

Post rewards going 100% to neoxianburn

Hello all,

I don't plan on writing more of these posts, this should be the last one, unless something wild happens. This is a followup to my last post
https://www.neoxian.city/@neoxian/neoxag-currency-incident-6-5-million-neoxag-erroneously-printed where I talked about how 6.5 million neoxags were printed accidently.

Around 1.5 million neoxags were returned and burned within 2 hours of the last post!

I am very happy to report that the vast majority of those I listed on the previous post were kind and generous to return the liquid neoxags they had, or in some cases, offered to pay for that they got (in which case, I would forward the payment to neoxianburn to buy and burn neoxag). Even some not on the top list also did that. Thank you!

And honest people are continuing to return the neoxag, just today I got:

Token transfer from @deeanndmathews (22158.11898356 NEOXAG)
Token transfer from @justclickindiva (26504.97576923 NEOXAG)

Thank you, you two!

List of people who returned neoxag:

@ironshield
@chronocrypto
@cryptothesis
@darkflame
@deeanndmathews
@justclickindiva
@nonameslefttouse
@b0s
@burlarj
@shrazi

If you returned neoxag, and your name is not here please let me know.

(I'm just counting here those who actually returned some, some others said they would, but they have to unstake first.)

As a reward, I'm have sent people on this list some of my Neoxian Gold token: NEOX. It's redeemable for my vote.

Tokenomics Review

Let's take stock and review the current tokenomics of Neoxag.

Circulating Supply : 63.5 million neoxag
Proof of Brain Inflation: 32600 neoxag per day
Stake Mining: 3200 neoxag per day
About 13 million neoxag printed per year
About 20% inflation this year

Phew 20%, I'll admit that's a bit high, some of this does get burnt so it's not that bad. It's still early on, inflation will go down over time.

(Tarot card image made by Midjourney, used with permission.)

Posted using Neoxian City

hive-177682 neoxian palnet pob tribes leo

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46 comments

@darkflame 69

almost 2 years ago

Thank you @neoxian! !PIZZA

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@pizzabot 59

almost 2 years ago

🍕 PIZZA !

I gifted $PIZZA slices here:
@darkflame_(1/10) tipped @neoxian (x1)

_{Learn more at https://hive.pizza!}

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@dagger212 67

almost 2 years ago

I don't think I'm on this list but let me know if I am. Pretty sure I've bought or earned all of my NEOXAG but, like I said, let me know if that's not the case.

Posted Using LeoFinance ^Beta

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@neoxian 72

almost 2 years ago

No I don't see you on the list.

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@ironshield 76

almost 2 years ago

Glad to see so much of the illicit neoxag tokens are being returned/burned.

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@shrazi 75

almost 2 years ago

Thanks for all honest people, specially who are in top of the list and agree to returned those Neoxage 👏

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@joetunex 76

almost 2 years ago

Am not aware of this, do I have to return some of my NEOXAG?

Posted Using LeoFinance ^Beta

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@neoxian 72

almost 2 years ago

No you are fine.

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@joetunex 76

almost 2 years ago

Great, thanks I actually went to read your post about this 11 days ago. Good to see those involved cooperating positively.

Posted Using LeoFinance ^Beta

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@ijelady 66

almost 2 years ago

This is an honest report, the project is running smoothly. Thank you all who have returned your Neoxian.
#noexian

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@r1s2g3 74

almost 2 years ago

Good to know that damage is now minimal.

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@theguruasia 69

almost 2 years ago

$WINE

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@wine.bot 56

almost 2 years ago

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@hjrrodriguez 70

almost 2 years ago

It's great to have been able to recover a good part of the Neoxag, it's great to see how most people are aware and return or buy them. There is no reason to keep anything that does not belong to one

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@royalevidence 64

almost 2 years ago

The burned tokens will allow the neoxag to retain its value

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@mango-juice 80

almost 2 years ago

Thanks to all those good hearted people who returned neoxag for their kind gesture 👍

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@emeka4 72

almost 2 years ago

This is so nice and thanks for sharing. @neoxian how can I reach you private I need a help sir.

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@burlarj 78

almost 2 years ago

Thanks for the neox big boss🐲

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@roleerob 71

almost 2 years ago

Just now seeing this @neoxian. Took me awhile to track it down, but I assume this is what was erroneously sent to me:

https://he.dtools.dev/tx/fcddf1c3545fc3475a19251c0e26ff1f1daebb32-1

It has been returned.

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@neoxian 72

almost 2 years ago

Hi thanks, you didn't receive that much, but thank you for taking the time to return it.

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@roleerob 71

almost 2 years ago (Edited)

Happy to do it.

"... you didn't receive that much ..."

True. However, for me, it is the principle ...

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@ferod23 59

almost 2 years ago

the users here are very honest, my friend, that is why they returned the Neoxag since they understand that it was a mistake and that money does not correspond to them

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@arcange 79

almost 2 years ago

Dear @neoxian,
Your support for the current HiveSQL proposal (#138) is much appreciated but the proposal will expire end of December!
May I ask you to review and support the new proposal (#247) so HiveSQL can stay free to use for the community?
You can support it on Peakd, Ecency, Hive.blog or using HiveSigner.

Merry Christmas to you and your family ??

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@brianoflondon 77

almost 2 years ago

My previous @v4vapp proposal has expired. I have a new one which is running but unfunded right now. I'm still running @v4vapp and all my other services but I may have to increase the 0.8% fee to 2.0% if I continue to be unfunded.

Please consider asking your friends to vote for prop #244 or consider unvoting the HBD stabilizer explained below.

For understandable reasons in the current crypto climate it is harder to get funded by the DHF, I accept this so I'm asking a wider audience for help again. I will also redraft this proposal with more details (coming soon). I'm also looking for other funding sources.

Additionally you can also help with a vote for Brianoflondon's Witness using KeyChain or HiveSigner

If you have used v4v.app I'd really like to hear your feedback, and if you haven't I'd be happy to hear why or whether there are other things you want it to do.

The bar to be funded is set by the HBD Stabilizer, the more votes that has, the more votes @v4vapp needs to be funded. If you want to reconsider supporting that proposal and unvote it, that would also help me (and others so you have to weigh this choice.)

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@tgarcialvarez 56

almost 2 years ago

We have seen that you have previously supported proposals for the improvement of Hive.

We would love to have your support in our proposal that seeks to add a new tool to the Hive environment that will help ensure that your content continues to prioritize quality and above all originality.

You can vote here:
Peakd
Ecency

We would appreciate your support, criticism, and collaboration. Thank you for considering this proposal.

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@justclickindiva 76

almost 2 years ago

Hello @neoxian. As promised, 2nd & 3rd staking took place on 12/24 & 12/31:

Here's what's been returned so far:

Owed to NEOXIAN:
from: @justclickindiva 692,9290000

12/10/22 Liq transfer (-348,338.8260000)
12/17/22 Unstake #1 (-26,504.97576923)

12/24/22 Unstake #2 (-26,504.97576923)
12/31/22 Unstake #3 (-26,504.97576923)

Thanks for your patience.

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@neoxian 72

almost 2 years ago

Once again you have my thanks.

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@justclickindiva 76

almost 2 years ago

You're welcome. Take care and have a happy New Year.

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@cconn 54

almost 2 years ago

How does one find out about that? I will kindly return any that was sent to me if so

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@neoxian 72

almost 2 years ago

I just checked, you hadn't got any, so it's fine. Thanks though.

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@cconn 54

almost 2 years ago

I did a look as well, but its better with 2 sets of eyes. Thank you for everything you do

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@justclickindiva 76

almost 2 years ago

Hello @neoxian. As promised, here are my 4th & 5th unstaking that took place on 1/7 & 1/14:

Here's what's been returned so far:

Owed to NEOXIAN:
from: @justclickindiva 692,9290000

12/10/22 Liq transfer (-348,338.8260000)
12/17/22 Unstake #1 (-26,504.97576923)
12/24/22 Unstake #2 (-26,504.97576923)
12/31/22 Unstake #3 (-26,504.97576923)

01/07/23 Unstake #4 (-26504.97576923)
01/14/23 Unstake #5 (-26504.97576923)

Thanks for your continued patience and your support.

Take care.

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@neoxian 72

almost 2 years ago

Thank you very much!

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@justclickindiva 76

almost 2 years ago

Thank you for the reminder! When I saw support for my current art project, it jogged my memory. Apologies as family medical issues took me AFK for several days.

Take care.

!ALIVE

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@youarealive 59

almost 2 years ago

@neoxian! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @justclickindiva. _(1/10)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.

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@justclickindiva 76

almost 2 years ago

Hello @neoxian. As promised, here are my 6th & 7th unstakings that took place on 1/21 & 1/28:

Here's what's been returned so far:

Owed to NEOXIAN:
from: @justclickindiva 692,9290000

01/21/23 Unstake #6 (-26504.97576923)
01/28/23 Unstake #7 (-26504.97576923)

Thanks for your continued patience and your support.

!LADY
!ALIVE

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@youarealive 59

almost 2 years ago

@neoxian! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @justclickindiva. _(1/10)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.

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@neoxian 72

almost 2 years ago

Thank you once again.

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@justclickindiva 76

almost 2 years ago

Hello @neoxian. As promised, here are my 8th & 9th unstakings that took place on 2/04 & 2/11:

Here's what's been returned so far:

Owed to NEOXIAN:
from: @justclickindiva 692,9290000

02/04/23 Unstake #8 (-26504.97576923)
02/11/23 Unstake #9 (-26504.97576923)

Thanks for your continued patience and your support.

Take care.

!ALIVE

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@youarealive 59

almost 2 years ago

@neoxian! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @justclickindiva. _(1/10)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.

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@neoxian 72

almost 2 years ago

Thank you.

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@pocketechange 71

almost 2 years ago

If I did get some, I'm not aware of it, or even where to look for it...

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@justclickindiva 76

almost 2 years ago (Edited)

Hello @neoxian.

CORRECTION: As promised, here are my 10th & 11th unstakings that took place on 2/18 & 2/25:

Here's what's been returned so far:

Owed to NEOXIAN:
from: @justclickindiva 692,9290000

12/10/22 Liq transfer (-348,338.8260000)
12/17/22 Unstake #1 (-26,504.97576923)
12/24/22 Unstake #2 (-26,504.97576923)
12/31/22 Unstake #3 (-26,504.97576923)
01/07/23 Unstake #4 (-26,504.97576923)
01/14/23 Unstake #5 (-26,504.97576923)
01/21/23 Unstake #6 (-26,504.97576923)
01/28/23 Unstake #7 (-26,504.97576923)
02/04/23 Unstake #8 (-26,504.97576923)
02/11/23 Unstake #9 (-2,6504.97576923)

02/18/23 Unstake #10 (-26,504.97576923)
02/25/23 Unstake #11 (-26,504.97576923)