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RE: I've bought 3,500 MOT And Staked Them For Mediaofficials.io (Plus Some Things That Make The Site Different)

in #mediaofficials5 years ago (edited)

@whatageek Thank you for this post.

To answer the inflation (emission) questions in regards to the reward pool. Currently the system is set to produce 16 new MOT tokens every 100 blocks. So, that gives around 4,600 new MOT hitting the reward pool each day.

Once we hit a stable target price and increase in our user base, we will perform a "split" with the reward pool. We will increase to 32 new MOT tokens being produced every 100 blocks. This will give us more tokens to distribute to an ever growing user base, and will benefit those who have MOT staked in Influence. Those using their Influence to vote will see an increase in curation rewards.

50/50 Author and Curator share.

Currently 938k is staked out of the 1.157 million MOT in circulation.
https://steem-engine.rocks/tokens/MOT/richlist?sort_field=stake&sort_order=desc

A good portion of the remaining 219,000 MOT not staked, are used to further distribution and provide liquidity on the markets. This is around 140,000 MOT.

Which leaves 79,000 to possibly hit the markets or staked for Influence.

Combine this with low prices on the markets, increasing user base, and an increasing demand for Influence... We can see what is coming next.

Get MOT while the prices are low.

Looking forward to your next post about Media Officials!

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Thank you for the quick and detailed response :)

Great to hear you guys have it under control, I wish I bought more when it was cheaper.

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