RE: @tipU Curate Project Update: Recharging Curation Mana

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RE: @tipU Curate Project Update: Recharging Curation Mana

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jaydih (79)in #steem • 5 years ago (edited)

@tipu curate

cool feature! but then, you are likely to re-issue what's been burned and re-distribute. right?

5 years ago in #steem by jaydih (79)

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cardboard (61) 5 years ago

You need to be @tipu curator to do this ;)

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jaydih (79) 5 years ago (edited)

i thought i've been a curator. now i see myself doesn't exist in the list anymore.
i'm pretty sure i was one of the high rank curator. what's the reason for the drop? (i don't mean the ranking drop but complete drop out)

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cardboard (61) 5 years ago

If you're inactive for longer than a week, you are removed from the curators week (so inactive curators don't receive the daily payout).

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jaydih (79) 5 years ago

that means i need to be re-nominated? i thought nominations are now 0/0.
is this an infinite limit for nomination? or zero possibility?

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cardboard (61) 5 years ago

Currently nominations are disabled.

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jaydih (79) 5 years ago (edited)

alright, fine. let me know when it gets re-activated. I kinda suspect you have cooler idea to make it even greater. ;)

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bluengel (76) 5 years ago

@tipu nominate

토닥~ 토닥~ 토닥~ 💙

Posted using Partiko Android

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cardboard (61) 5 years ago (edited)

If I issue new tokens, I always add more steem power backing it up. So the end results of burning is always more steem power backing up each token, even after issuing new tokens (which I haven't done in a long time, need to keep that supply limited :)

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jaydih (79) 5 years ago

so, even if those tokens burned(or held at @null) you still count that as already "an issued in the past" and do not re-issue what's been burned?

maybe an example would make it easy for us to understand what i mean.

ex)

Total SP at tipu is 100.
Thus, 100 TPUs were issued already and distributed.
1 year later SP grew up to 110.
During the one year, 20 tokens were sent to @null.
You will still only issue 10 TPU more as SP grew by 10.

or will you issue 30 TPUs (10 + 20 that were sent to null) ?

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cardboard (61) 5 years ago (edited)

The amount of SP does not determinate how much TPUs are issued.
Instead every time I issue new TPUs I manually set how much SP are backing them up - making sure that the ratio does not go lower.

So in this example after a year we have 80 tokens backed by 110 SP (1 TPU = 1.375 SP).
If I issue 10 new tokens, I need to add at least 13.75 SP to the pool backing the TPUs (to keep the previous ratio). If I issue 20 new tokens it needs to be 27.5 SP and so on.

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