Cats Make Kittens - Trading Rate Reduction

in neoxian •  20 days ago  (edited)


I have decided to reduce the trading ratio back down to 20:1. To prevent any adverse effects of having traded in KITTENS today, I won't put this change into effect for 4 days. This means that if you exchanged KITTENS today at 24:1 that CATS will have 4 days to earn KITTENS before the rate change.

The change is being made to simplify and hopefully improve our distribution moving forward. It should be easier to identify errors and hopefully prevent those errors from happening in the first place.

So on Sunday November 3, trading will change to 20:1. Until then the trading rate will remain at 24:1.

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It probably wouldn't be too difficult to automate cats distribution. I could tweak some of the code from the new ufm lotto bot and use it for this. I could probably run it for you too if you don't want to setup and manage python things.

Refunds would still be manual, but setting something up that sends one cat automatically for each X amount of kittens is totally doable.

That would be amazing. I'm hoping once we've been at the 20:1 exchange rate for a few days, there won't be many refund scenario's.

It could be set up for a ratio, if you don't mind partial cats being sent. So if someone only sends 10 kittens they get half a cat. This would reduce the need for refunds.

I see now CATS must be whole. I have written and tested the code, it will send 1 CATS for every 20 KITTENS and even automatically process refunds, all we need now is the account you plan to use and the active key for that account (to transfer the CATS). You can get a hold of me through the UFM Discord.

If anything goes squirrely with the account you can change the active key with your owner key.

I will try to contact you once I get home from work today.

You should get on that

very nice! like to see a supportive community!

my last transaction of kittens days ago haven't brought home my cats

I can double check for you but I believe everything has been corrected and some refunds have been sent out.

Cats is well received, thanks for the double check

Well, whatever the trading ratio is, I plan to continue accumulating CATS. I know a lot of people seem to be trying to sell their CATS, but it seems to me the better long-term play is to keep accumulating and holding.


Same here

Same here. If you want to mine SE-tokens, this is the best bang-for-the-buck by far.

Those of us who have accumulated a lot of Cats -- we need to be less tempted to blindly sell to the highest bidder whenever we want to make a quick Steem or two. The value of Cats is diminished significantly because of this. For instance -- I saw someone sold today for almost as low as 1 Steem...

Those people don't really care about thier CATS! They probably feed them canned cat food instead of live mice anyway.

(LOL, in real life I am allergic to cats which is why it took me so long to join into the game)

Hey there @catscientist

Not sure if I've got this wrong, but are @catscientist upvotes meant to be 5% per CATS held? I started with 5 CATS and got 25%... perfect, but as I accumulate CATS (now on 8.. well, 9 after today) I was expecting @catscientist upvotes to increase as well, but I'm still just receiving 25%?

Please let me know if I've misunderstood something.

Account in question - @incubot

cc @catsmakekittens

The votes are just a bonus to holders. I try to update the voting rules weekly and am currently overdue for an update. I should have thinks updated today or tomorrow.

Ah! OK, cool... thanks for clarifying!

Hey @catsmakekittens, here is a little bit of BEER from @braaiboy for you. Enjoy it!

is Now 20:1 ? today is 11/3

20:1 is live!

hey, i just send 48 kittens today. is the rotation 20:1 now? did i have send 8 kittens more then i needed?
did i get the oversended 8 back or should i send 12 more next time?

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I am keen for a lower rate, meaning I can accumulate more sooner!
Also, I sent 72 to make 3, on Saturday, haven't had it though I usually have it by 12 hours before now. I know you are probably swamped with kittens, just wanted to mention it.

Keep up the hard work!

Oh boy, I have some kittens ready to graduate!

Posted using Partiko Android

erm... Sunday is the 3rd November! So will it be Sat 2nd or Sun 3rd?

Sunday the 3rd, I should learn how to read a calendar.

hey @catsmakekittens, I have to complain again ...
I miss my cats again. did they get lost on the way?

11/4/2019, 9:13:00 PM

Transaction ID:

Sidechain Block: 3028559

From: @kaeves4711
To: @catsmakekittens

Amount: - 240 KITTENS

kittens tend to wander off sometimes... it is best to keep them in a secure location, with a Mama cat to effectively oversee all of them. Mama milk seems to keep mine in line.

(Just kidding, I am a CAT owner but don't own the account, hope this gets sorted for you shortly)

Sorry to be annoying but just wondering if you can update the list for upvotes from @catscientist ? Thanks.

Posted using Partiko iOS

I likely won't be able to do a full update until tomorrow. I will see if I can get your rule corrected today.

Yesterday I send you 20 kittens ... when do I receive my CATS?

I was late in sending CATS out but you should have them now!