EOSZON for EOS Go reports - Addendum #1

eoszon (25)in #eos • 6 years ago (edited)

Additional report on EOSZON stance on dividends and vote buying policy

After several questions in regards to our stance on dividends and vote buying policy we decided to describe it in more details.

We pledge to never pay for the approval votes. Also we believe that paying dividends to the EOS tokenholders is not healthy for the the EOSIO ecosystem. Instead we believe that the community (including block producers) should balance their interests with the inflation rate mechanism incorporated into the EOSIO software.

Our inflation rewards will be reinvested into the network performance (node security, redundancy, processing capacity and additional geographic diversification) as well as into initiatives that benefit to the whole community (investments into DAPPs development and education).

We believe that inflation rewards for the block producers should be at the levels enough to support node scaling plans and support initiatives that benefit to the whole community. At the same time block producer's revenue for personal use should not be higher than IRR for typical venture capital investments (20-30% per annum on investments). Therefore we pledge to publicly disclose our rewards and investments once a quarter.

EOSZON Team

telegram: https://t.me/eoszon

url: http://eoszon.io

bp.esgo.io: https://bp.eosgo.io/listing/eoszon/

#eoszon #eosio #bp #producer