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RE: MAP Rewarder: MAPR Payouts to Delegators and Price Increase for Token-Holders for 10 May 2021 (18.2% APR)
MAPR is designed for delegators.
No upvotes.
The BUY price is our buyback price - if you wish to buy tokens then just use the market.
Sounds like you may enjoy more the @MAXUV token.
@accelerator: I'm getting into both! How does the buyback work? Do I send tokens to you directly?
No, it's just a guarantee of on-market prices. So just sell at the official price. However, there are times, like now, when there is a backlog, and they just have to wait for powerdowns.
If you read back, I've mentioned on many posts that hodling MAPR forever will lead to selling pressure at some point. All that happens is that those who can't wait can place a lower sell price. It is still a market and not an OTC shop. lol. In the fine-print, the guaranteed buybacks are up to the weekly income - anything beyond that needs to wait.
It's worked well for over 3 years! You're just joining at a time when history is catching up. But we shan't close as the Steem economy may well change again in the future - we've ridden out a lot of changes and... still here!
One thing I should add: for new members or anybody topping up tokens, it is worth looking at the market prices, as people selling will have much lower prices than our official buy price :-) This does happen on both steem and hive tokens - indeed, while waiting for us to transfer more money into the market, one can pick up bargain prices.
Ah, I get it. Thank you!