This is a rough draft table that we have put together. I want to discuss it and change it if you feel something needs to be changed for the next few weeks, until we can all decide and what we want.
Here are my reasons for the table presented:
1. The goal is to get as many coins locked away for the longest periods. The reason is less on the exchange on the sell side. LESS coins "in the wild" coupled with demand equals higher prices. The demand will come from those that want the higher interest rates of fly. They will need more fly to qualify for the higher rates. Here is the good news. There is not even close to enough fly to go around. So a very tiny few will have the luxury of the very high interest rates, protecting inflation. There will also be many choices. I dont want everyones locked coins to mature at the same time, so thats why I created many options. All of this is up for discussion. Keep in mind the higher interest rates available to more people the more coins in circulation, and the coins YOU have will be worth less. Also if your planning on participating in HODL and you dont have the min required for the term you want, now would be a great time to put buy orders in or outright buy the coins, as I believe on this news the price will rise with buying pressure from those getting ready to have their minim ready for the release. So, thats something to keep in mind. Also the % shown that you lock for will compound every single day , just as if it was unlocked. Like HODL it will show you the compounded balance as it changes in real time. Some people look at the richlist and see myself as a massive holder of my own coins and see this as a threat. Its ONLY a threat when you dont know who that holder is AND its a short term coin they plan to dump on you 1 month after release. The fact that I am STILL buying more of my own coins when I already have a massive amount should tell you a WHOLE lot. Im buying daily, and have NEVER sold. There is a message hidden in there
Ok its not so hidden. It means, I would be crazy to leave that massive amount behind and abandon my project. So your stuck with me. I cant and wont be going anywhere. Its there to PROVE my faith in this project. I also know as time goes on, the price will only go up at a steady , healthy pace on its own, naturally. The day will come when I do slowly start selling, and it will ALWAYS be listed on the sell side in moderate amounts over a long period, and it will never be used to hurt the price. Yes, I have invested an enormous amount of my own money into this, but I have even invested more time than money. I would never desecrate the work that myself and team fly have put into this project for the past year. Notice the top 3 holders also do not sell. Do they know something, you dont?
Here is an actual screen shot of the HODL coin. Notice the table at the bottom thats filled with important data. Ours will have the same data, so youll have all the details you would ever want to know in real time.
Guys if its not clear already. Look at my ACTIONS. Ive been here working every day relentlessly on making fly the best it can ever be. As the project ages, it will become more popular as people will realize the short term pump and dump, newbie dev crap, is 1 winner (newbie runaway dev), and the rest all eat losses. My promise and oath to you, is I will never do anything to purposefully hurt you, or break your trust.
Vegas