Announcement: Change to MAXUV minimum token requirement.

in Project HOPE5 years ago

The minimum holding necessary to receive all benefits, both votes and income distribution, will increase from 1 to 10 MAXUV on Sunday 6 December, 2020.

This is due to a number of reasons, but the main one is that votes generated for members with less than 10 MAXUV are really quite worthless now. Not only is the vote itself verging on dust but the curation received is usually zero. This means we are using VP for no benefit to either such members or the fund as a whole.

I should have done this some time ago, but this year has required focus on other matters. The minimum of 1 MAXUV was in place to allow users to test the system; I didn't expect so many just hung around the door for months.

So, MAXUV members currently holding less than 10 tokens have a simple option to top-up their holding with some extra tokens, or to sell their current stake on the market.

Two more distributions will be made to all members, and the new minimum will apply from then onwards. Both votes and future distributions will stop for any members below 10 MAXUV after the weekend payout on the 5th/6th December.

As it is not clear who reads these messages, I am tagging here those accounts affected.

@stormcharmer
@fitinfun (RIP, someone may still have her keys)
@udabeu
@wakeupkitty
@gmlrecordz
@hgn66
@gharrington44
@snook
@zekepickleman
@bluefinstudios
@kgakakillerg
@kggymlife
@kgsupport
@darkfemme
@por500bolos
@sacra97
@issymarie
@sarimanok
@lisfabian
@edje
@jeffjagoe
@metzli
@brittandjosie
@tiamaria
@sinlg
@yonnathang

I shall issue one final reminder next week for any members who have not acted by then.

No other members are affected by this. Indeed, it will help the fund slightly with outgoing votes and income in the future.

Thanks for your support.

MAXUV


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