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RE: Great Time to Sign up For a BitShares LTM Life Time Membership, Before KYC Becomes "Keep Your Crypto"!
Thanks for this advice. Do you know why the lifetime membership was drastically lowered other than likely just encouraging adoption? Seems like a drastic change in strategy to reduce the cost so steeply. No complaints, but that doesn't happen so often.
they're supposed to vote to periodically readjust the price to account for price fluctuations in BTS. For example, LTM should cost around USD $100 worth of BTS.
For years, BTS was under a penny, so it wasn't really an issue, though there were times when a LTM could cost half of much, or twice as much, before such price adjustments took place. And with the more recent large price moves in crypto, that "lag" has become even more noticeable.
There has been talk (and possibly proposals as well) that fees should be automatically fixed to the BTS equivalent in BitUSD, but so far that has yet to materialize.
Makes sense. Thank you.