Voting options for next weeks club vote - Dealing with our Steem-engine problem

Lets look at some numbers first

This is how it stands at the minute. We can see a trader that buys and resells 1000 SPI tokens per week makes a solid 40 STEEM per week are 2080 STEEM in 1 year. To work out SPinvest potential loss's, i used excel to work out earnings per week for each week of the year, week 1 = 1000, week 2 = 2000, ect. I added the 52 weekly earning together and we get 5300 and that is 5300 STEEM every year as SP is never planned to be powered down.

Now we have the numbers to see how this hurts the potential growth of each token. This is super bad advertising but we are aiming to cut the loophole so hopefully in a few days, it will not matter.

So we can see that each token would lose the potential to grow by around 0.037 STEEM each which might not sound like a lot but if you hold 200, 500 are over 1000 tokens it soon adds up. I'm not trying to scare anyone either, just laying down the numbers and to show how harmful this could be to Spinvest's growth. Please remember we need to issue 1 million tokens and we are only 9% of the way there. We must control this to progress.

Please note - The figures above are lost potential and not actual. SPI tokens prices will not drop because of this but they will increase in value slower. These are example figures of what could happen but as we are now taking active action towards stopping the problem, they will not become a reality

Solution 1 - 99.99% buy-back Wall

(Please dont take offence to this, it's just the perfect meme for this)

I think this is our best option and gives us full control of token issuing and buying back price. We are not in the business of buying back but it does have some advantages. Of course, funding is the main concern here but we have many options as have many faucets of income. Before we look at the options, let us keep in mind a few things. If we add a 99.99% buyback wall, there will certainly be a rush of tokens holders selling some off and a decent sized kitty would be required to start (at least 3000 STEEM). Looking at it long term, things will even out and get easier to manage as we build a STEEMP float. Fun fact I've have just learnt, 2/3's of total SPI tokens issued are in 10 wallets of people that i know are long term HODLer's and will not be selling off big chunks any time soon. I am confident that SPinvest will issue more new tokens than it will buyback longterm

- 1 - Build the Buy-back Wall float ASAP
This suggests exactly as it sounds like. Use all resources to build this thang as quickly as possible. The quicker it's built the quicker we can start powering up again. After a few weeks, we will have a decent idea of how much STEEMP we will need to keep in the SE wallet to adequately cover us. After we figure out that magic number, we can start powering up STEEM again. We have fiat worth around 1200 STEEM which we'll be getting access to soon when the next off-platform investment completes and we collect another 300-400 per week in lease payments and post payouts. We have other incomes but they require some work but would total another 100-150 STEEM per week This is the get it done and move on option

- 2 - Power Down to build the Buy-Back wall
This suggestion is almost too stupid to suggest but it's an option. I'm not even gonna write about it. This is not an option, all our SP is being used and earning us $ so it's not an option. Sorry to have wasted 20 seconds of your time. Plus, plus i just said in the second paragraph that we never plan to power down. I'm a donkey, I'm not even gonna delete it out.

- 3 - Offer an incentive to Confirmed club members
This is the one i think most people will like but it's work for me, lol. In the simplest terms, offer a reward token that would be pegged to say 1-2% of the SPI token value. These reward tokens would only be issued to confirmed club members that help to provide liquidly to the buy-back wall. These reward tokens would be issued on a 1 to 1 ratio. Eg, a confirmed member sends 120 STEEM, after their STEEM is used in the buyback wall, they would receive a little over 120 SPI tokens and 120 reward tokens worth 1-2% of an SPI token each as a...well reward.

There are a few advantages and disadvantages to offering a 99.99% back-back wall. Here are a few that pop into my head after a night shift and no sleep for 20 hours, I'm sure you can think of others. The main 3 hurdles are having the liquid STEEM to build such a wall, bringing in enough liquid STEEM to sustain it and selling more token than are being sold back.

Advantages

• Protected fund growth
• We can be 100% (99.99) liquid which is great for investors as it offers an instant exit if required.
• All SPI tokens sales translate into new tokens be issued
• Daily trading volume will surely increase and put SPinvest higher up on the exchange and get more eyes on us. How often do you check SE tokens listed 2-3 scrolls down compared with top 20?

Disadvantages

• Cashflow problems - Running out of liquid STEEM
• Buying back more tokens than we issue resulting in total fund value decreasing.
• Monitoring required

Brought back SPI tokens

What happens to the SPI tokens we would be buying back? Well, we have 2 options for this and they are pretty straight forward without much wording required to explain. I personally would prefer one way over another but to honest i could settle for both options in some ways.

- 1 - Recycle them
All we would do is resell them. They would return to the @spinvest wallet and wait to be resold.

- 2 - Burn them all!!
it's an option and technically we would issue 1 million tokens quicker. lol. but the fund would not be worth 1 million STEEM. I think it would be a fun experiment to try out. There are another 4 million SPI tokens that can be minted if we got halfway through and thought Nah, this is not working.

Anyways, there are the 2 options for that. I think ones makes more sense than the other but i like to have fun and play as well and it would be interesting to see the results of such an experiment.

This plenty much concludes the buy-back wall option we have. There are goods and bads for this and i think it would be a grind to get up and running but it would get easier as time goes by and we sustain and balance a STEEMP float.

Solution 2 - Delist

Middle finger to SE and walk away. We would cancel all buy and sell orders on the exchange and really focus on direct selling. The SPI token price on the exchange would be free to be whatever the market decides. As trading would be still taking place a lot of SPI tokens would still be being recycled and this would not really fix the problem. It is, however, instant and easy to reverse and could be a temp fix until other things are sorted.

There would be a lot of pressure to directly sell tokens and SE would in a way become the competition. Right now we issue around 20-40% of tokens directly so there would be a lot of work required and growth would almost for sure slow down as many people will not know the difference.

This option could be a temp fix at best i think. I'm exploring all these options with you so by the time I've written down to many words to see something is a dead-end, i just figure i should finish it off because somebody else might ask about it.

Solution 3 - Become token free!!

I don't know about this one. I sort of like the idea of club members holding their own SPI tokens in their own wallets. Going token free would 100% fix the problem and we would have full control over the issuing and buyback prices.

In short, this would be you needing to send all your SPI tokens to @spinvest to be burnt in exchange for a brand shiny new SPI unit that is a number on a chart and not recorded on the blockchain.

I don't really like this one but it's an option. It does, however, have a few key advantages in regards to managing everything more efficiently and the recording and tracking of precise data. There is actually nothing wrong with taking this option, it can be done pretty instantly and all sorted within a few weeks but it does still remove SE as a source of growth and i think we would rather keep that if we can. This could be an excellent plan B and would possibly lighten my workload a little bit.

I think i need to say that this would become very boring for me very quickly dealing with excel sheets all the time. I do like an excel sheet but i have more fun making them then i do scrolling through them to update 3-4 a day. I just like the idea that we have tokens and they are on the blockchain.

That is pretty much what i can think of right now that will work for us. There are other ways but as a club vote will be done to decide what we do in a few days, i think 3 options are enough and it's a 2 horse race. Sorry for not being very biased in this post, i sorta already have a plan in my mind and i write what i think. I know its wrong but if someone else stepped up and started writing posts you could all get rid of me. lol.

In not going to brag this out any longer and would like a quick vote. It's going to be 9 days before we can actually do something about this and i would like to get over this bump and back to doing what i do best ASAP.
Making friends and foes and helping SPinvest grow
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As always, feedback is encouraged!!

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