We should really move up the PoS minting rate up to 20-45% to encourage long term holding of a coin, with a steady decline each year say 5-10% minting decrease or proportional to speed of network. Annual set decrease is good and simple enough i think.
This way even non miners will be holding this coin and helping us increase supply and circulation, while attracting more investors to either buy the coin or mine and hold it.
Implementing this strategy will surely allow this coin to survive for a few years which in this market could be do or die for most alts.
Think about it, as the adaptation grows and more and more ppl choose to hold due to potential ROI of PoW + PoS mint, the price will stabilize and as PoS slowly start to decrease over next few years, coins will start to circulate more with out massive dumps and produce a very good alternative coin to ltc.
I think this strategy could really help make this "an average man coin" since you will have ability to mine with cpu, if you cant buy and then hold and really build up holdings with out massive rigs, while mining with what you can and help the network. "Big" guys will be attracted to come in and buy up coin with renewed interest or mine it on larger scale as they see "an average man" making good ROI, which in turn will make average in to big.
My two Yacs
Since we are still a small core group, I would like to suggest a vote on this and possibly a donation bounty to anyone capable of developing such a fork.
Our coin is 74k usd market cap at the moment on coinmarketcap.com and it is all due to dumping, which we need to address.
Would love to see what you all think ?
). Also, I believe there aren't any other money-destroying bugs in the code (as the only significant money-manipulating code that I changed was that with change addresses).
