One good thing about the Deeponion community is that it has a unique set of developers which will finally solve the issue of
almost all altcoins have a problem in common:
"the pump and dump" dilemma.Premise:- DeepOnion will airdrop onions every friday for 40 weeks. (free onions for everyone on bitcointalk) so after the airdrop, "Dumpers"will immediately withdraw all 100% onions from their airdrop wallet and sell them to exchanges, which would cause a "pump and dump" trend. by these trend, it will signal other traders to dump their onions before the price fell on its knees.
Conclusion:10% withdraw rule. (Existing)- Users that will withdraw more than 10% from their airdrop wallet will be blacklisted. therefore they are not eligible for future airdrops.
Penalties (Future) take note, this is the real solution.
- Users that want to appeal their blacklisted status will pay a penalty of 80% (upon the discretion of the developers, can change every week)
for example:if "Client A" withdraws all his 1,000 Onions then the dev team immediately detected that he violated the 10% Rule. Client must replenish his airdrop wallet with the amount of
1,800 Onions so that he will be eligible for the next airdrop. If not, he will not be included in the future airdrops to come.
calculations are as follows:
1,000 x 1.80 (80%) = 1,800
This Solution will ensure that people with the strong intention to pump and dump the Onions will not profit from it anymore. Solving the age-old dilemmas for altcoins.
DeepOnion Delivers!
what do you think guys?
I dont understand the point about the possibility to come back after u remove more them 10% from your wallet. I think is have to be a strictly rule.
yep, except that it seems that some genuine people did remove less than 10% but for some reason (I don't get it even after I red some explainations), the record is showing as it is more than 10%. So, this is a little heavy to make mandatory for people to be crypto expert to move a little amount of coins... to make sure it will not seem to be over the limit.
the question is as well to dev, how to do know for sure when 10% is moved, compared to what I was reporting as example of faulse over 10% move?
Well, I say a 80% penalty is more than fair. The person will have to be smart on his trading to build up his capital by 80%. Also, this is probably a sinequanone condition but not sufficient on its own, since devs decision is final.
They just added a task to perform.
Given the current volume on DeepOnion, this is no easy task! But it gives a chance to come back which is quite the amend if the person manages that.
Handling this type of issues with a just retribution and providing a chance to make amend is to me, the right play!