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RE: SteemPower Investments - SPI Token offers a 95% buy back - Load the boat and HODL!
Would the buy-back policy mean that spinvest would need to keep sufficient liquid steem to cover any withdrawals?
Would the buy-back policy mean that spinvest would need to keep sufficient liquid steem to cover any withdrawals?
Not really, right now i would avg 150-200 token sales a day which would currently cover most investors. The 0% bank of @silverstackeruk are @steemcryptosicko could provide loans to @spinvest for larger investor withdraws.
If someone like taskmaster4450 was to sell all his 1281 SPI holdings, a power down would be required and agreement made.
Yeah - your last point about a big investor is what I was thinking about. Before @taskmaster4450 made his big investment, the top ten investors (apart from silverstackeruk) held around 2,000 coins between them. I was wondering how that would be covered if they all decided to withdraw.