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Topic: Vote for FindCoin's Specs [Faucet Distribution] - page 2. (Read 2874 times)

legendary
Activity: 1624
Merit: 1005
I wish you all love and profitable investments!!!
I think that the "New" FINDcoin should have a stable 25% annual interest rate !  Cool
I'd like it to have a 1% interest rate. 25% just decreases the coin's value.

That's depending on how many FIND every user will hold and how long till the whole coin supply will be used after complete faucet distribution (Staking/Minting included)

e.g Months, Years, Decades

A low PoS % amount won't attract potential users/investors as it won't give them any incentive with it being so low IMO


+1
legendary
Activity: 1554
Merit: 1001
I think that the "New" FINDcoin should have a stable 25% annual interest rate !  Cool
I'd like it to have a 1% interest rate. 25% just decreases the coin's value.

That's depending on how many FIND every user will hold and how long till the whole coin supply will be used after complete faucet distribution (Staking/Minting included)

e.g Months, Years, Decades

A low PoS % amount won't attract potential users/investors as it won't give them any incentive with it being so low IMO
legendary
Activity: 1540
Merit: 1001
Crypto since 2014
I think that the "New" FINDcoin should have a stable 25% annual interest rate !  Cool
I'd like it to have a 1% interest rate. 25% just decreases the coin's value.
legendary
Activity: 1554
Merit: 1001
I think that the "New" FINDcoin should have a stable 25% annual interest rate !  Cool
member
Activity: 101
Merit: 10
Done voting ...

Thanks for the poll, e1ghtSpace ...
legendary
Activity: 1540
Merit: 1001
Crypto since 2014
Guys, make sure to vote again! Now we're voting for the PoS yearly interest rate.
member
Activity: 101
Merit: 10
In regard for burning the unclaimed coins if it's not being claimed ...

I'm strongly agreed with the option of burning the unclaimed coins ...

And, I also agreed that we need to give time-frame for exchanging the old coin to the new coin ...

3 - 4 weeks time-frame for the exchange ...

I think that's more than enough time for it ...

For sure, we also need to vote on this issue as well ...





legendary
Activity: 1540
Merit: 1001
Crypto since 2014
If no one noticed:

Option 8:
20M = 7.74M for old coins exchange (10:1)


This means that only 77.4M FindYouCoins can be traded in. But this is the amount that was distributed before the faucet stopped so there is no need to worry about not having enough coins.
sr. member
Activity: 434
Merit: 260
#8 is my right choice ^^

What shall be done to the unclaimed coins? Burnt?

Extra bounty reserve? Or maybe re-distribution via wallet (we'll add them to faucet)?

Mby the best way is to be 1/2 for bounty reserve, and 1/2 re distribut via wallet Wink

The best way, in terms of price is to "burn" the coins because it reduces the supply but the demand stays the same.

How do we "burn" it?

I'd like to return these new unclaimed coins in FIND economy, just slower and by little portions. If, for example, there will be 120k coins left - we can manage to put up some contest, or vote for "best new service of the month" - even unrelated with FIND or FIND mission - and award winner with 10k coins in a month. This will not create much pressure on the FIND market, but we can get the chance to expand our PR reach to guys, who's using this "best new service", but never heard of FIND  Wink

I Agree with DenKoma, the reserve always can help us!
But in other case, how we will have "unclaimed coins", we must save them, for other case: in any moment some one who hold his old FIND, and ask/want to exchange for the new where you will get FIND to give/exchange him with new FIND ?
The unclaimed coins will be in wallet where one person like DenKoma will exchange to this not claimed for exchange for the old.... if we trust him (Like I do) he will save them always. He will no use them for self., and he will always can save proof for us where they are, for what they are used etc ..., we can check always the wallet address they are there and how much they are (after we get block expl.), and if the "unclaimed coins"are touched we can ask him for what.
Cuz that I prefer to no burn/touch them. For example: if I withdraw my old FIND from the market but to this moment was forgot/leave them there and ask they to be exchanged, from where you or DenKoma will give me from the new ? From his own coins ?
I hope you understand me what I mean .....  Cool

I say we can set some timeframe - 14 days - for fast exchanging (like, you send your old coins and in several hours receive new coins). After that unclaimed coins could be spread between several trusted escrows like redsn0w and other guys, and if someone suddenly wakes up and wants to exchange his old coins to new ones - he'll have to wait a little longer for this exchange to be made.

It would be bad for the coin if we at some point don't have enough new coins to exchange for old ones.

And after, say, 2 or 3 months we can close the exchange, move to the new coin and burn unclaimed coins. I like burn idea, because it raises the new coin value (but, of course, this doesn't mean that the same second we burn them, exchange prices will go up).

Yep, you are right, nvm for me what exactly you will decide people, I will agree with the community, but we must think it smart
member
Activity: 98
Merit: 10
#8 is my right choice ^^

What shall be done to the unclaimed coins? Burnt?

Extra bounty reserve? Or maybe re-distribution via wallet (we'll add them to faucet)?

Mby the best way is to be 1/2 for bounty reserve, and 1/2 re distribut via wallet Wink

The best way, in terms of price is to "burn" the coins because it reduces the supply but the demand stays the same.

How do we "burn" it?

I'd like to return these new unclaimed coins in FIND economy, just slower and by little portions. If, for example, there will be 120k coins left - we can manage to put up some contest, or vote for "best new service of the month" - even unrelated with FIND or FIND mission - and award winner with 10k coins in a month. This will not create much pressure on the FIND market, but we can get the chance to expand our PR reach to guys, who's using this "best new service", but never heard of FIND  Wink

I Agree with DenKoma, the reserve always can help us!
But in other case, how we will have "unclaimed coins", we must save them, for other case: in any moment some one who hold his old FIND, and ask/want to exchange for the new where you will get FIND to give/exchange him with new FIND ?
The unclaimed coins will be in wallet where one person like DenKoma will exchange to this not claimed for exchange for the old.... if we trust him (Like I do) he will save them always. He will no use them for self., and he will always can save proof for us where they are, for what they are used etc ..., we can check always the wallet address they are there and how much they are (after we get block expl.), and if the "unclaimed coins"are touched we can ask him for what.
Cuz that I prefer to no burn/touch them. For example: if I withdraw my old FIND from the market but to this moment was forgot/leave them there and ask they to be exchanged, from where you or DenKoma will give me from the new ? From his own coins ?
I hope you understand me what I mean .....  Cool

I say we can set some timeframe - 14 days - for fast exchanging (like, you send your old coins and in several hours receive new coins). After that unclaimed coins could be spread between several trusted escrows like redsn0w and other guys, and if someone suddenly wakes up and wants to exchange his old coins to new ones - he'll have to wait a little longer for this exchange to be made.

It would be bad for the coin if we at some point don't have enough new coins to exchange for old ones.

And after, say, 2 or 3 months we can close the exchange, move to the new coin and burn unclaimed coins. I like burn idea, because it raises the new coin value (but, of course, this doesn't mean that the same second we burn them, exchange prices will go up).
sr. member
Activity: 434
Merit: 260
How do we "burn" it?

I'd like to return these new unclaimed coins in FIND economy, just slower and by little portions. If, for example, there will be 120k coins left - we can manage to put up some contest, or vote for "best new service of the month" - even unrelated with FIND or FIND mission - and award winner with 10k coins in a month. This will not create much pressure on the FIND market, but we can get the chance to expand our PR reach to guys, who's using this "best new service", but never heard of FIND  Wink

In regards to burning coins, what you do is send them to an address that is obviously impossible for you to own. For example, Counterparty burned coins by making users send them to 1CounterpartyXXXXXXXXXXXXXXXUWLpVr, an address that no one will ever own and therefore they are essentially unusable - or "burned."

Yes that's the right way to be "burned" Wink I was use it long time ago..., but too we have some time missing with sending to wrong address coins Wink (I was loss some 2 times in wrong addresses )
sr. member
Activity: 434
Merit: 260
#8 is my right choice ^^

What shall be done to the unclaimed coins? Burnt?

Extra bounty reserve? Or maybe re-distribution via wallet (we'll add them to faucet)?

Mby the best way is to be 1/2 for bounty reserve, and 1/2 re distribut via wallet Wink

The best way, in terms of price is to "burn" the coins because it reduces the supply but the demand stays the same.

How do we "burn" it?

I'd like to return these new unclaimed coins in FIND economy, just slower and by little portions. If, for example, there will be 120k coins left - we can manage to put up some contest, or vote for "best new service of the month" - even unrelated with FIND or FIND mission - and award winner with 10k coins in a month. This will not create much pressure on the FIND market, but we can get the chance to expand our PR reach to guys, who's using this "best new service", but never heard of FIND  Wink

I Agree with DenKoma, the reserve always can help us!
But in other case, how we will have "unclaimed coins", we must save them, for other case: in any moment some one who hold his old FIND, and ask/want to exchange for the new where you will get FIND to give/exchange him with new FIND ?
The unclaimed coins will be in wallet where one person like DenKoma will exchange to this not claimed for exchange for the old.... if we trust him (Like I do) he will save them always. He will no use them for self., and he will always can save proof for us where they are, for what they are used etc ..., we can check always the wallet address they are there and how much they are (after we get block expl.), and if the "unclaimed coins"are touched we can ask him for what.
Cuz that I prefer to no burn/touch them. For example: if I withdraw my old FIND from the market but to this moment was forgot/leave them there and ask they to be exchanged, from where you or DenKoma will give me from the new ? From his own coins ?
I hope you understand me what I mean .....  Cool
member
Activity: 101
Merit: 10
Hi guys and girls ...

Wow ... it's nice and cool to see that we are all come alive ... all buzzing and busy to build up our FIND community ...

Cool ...

And, I'm voting for "burning" the unclaimed old "FindYouCoin" ... if DenKoma it's cool with that and can do it ... as of right now, he's our only coder and dev. ... be strong, bro ...

Hope it's not making him work too much ...

I'm thankful to him and for sure we all are ....

member
Activity: 98
Merit: 10
How do we "burn" it?

I'd like to return these new unclaimed coins in FIND economy, just slower and by little portions. If, for example, there will be 120k coins left - we can manage to put up some contest, or vote for "best new service of the month" - even unrelated with FIND or FIND mission - and award winner with 10k coins in a month. This will not create much pressure on the FIND market, but we can get the chance to expand our PR reach to guys, who's using this "best new service", but never heard of FIND  Wink

In regards to burning coins, what you do is send them to an address that is obviously impossible for you to own. For example, Counterparty burned coins by making users send them to 1CounterpartyXXXXXXXXXXXXXXXUWLpVr, an address that no one will ever own and therefore they are essentially unusable - or "burned."

nice trick  Smiley thanks for info
full member
Activity: 184
Merit: 100
How do we "burn" it?

I'd like to return these new unclaimed coins in FIND economy, just slower and by little portions. If, for example, there will be 120k coins left - we can manage to put up some contest, or vote for "best new service of the month" - even unrelated with FIND or FIND mission - and award winner with 10k coins in a month. This will not create much pressure on the FIND market, but we can get the chance to expand our PR reach to guys, who's using this "best new service", but never heard of FIND  Wink

In regards to burning coins, what you do is send them to an address that is obviously impossible for you to own. For example, Counterparty burned coins by making users send them to 1CounterpartyXXXXXXXXXXXXXXXUWLpVr, an address that no one will ever own and therefore they are essentially unusable - or "burned."
member
Activity: 98
Merit: 10
#8 is my right choice ^^

What shall be done to the unclaimed coins? Burnt?

Extra bounty reserve? Or maybe re-distribution via wallet (we'll add them to faucet)?

Mby the best way is to be 1/2 for bounty reserve, and 1/2 re distribut via wallet Wink

The best way, in terms of price is to "burn" the coins because it reduces the supply but the demand stays the same.

How do we "burn" it?

I'd like to return these new unclaimed coins in FIND economy, just slower and by little portions. If, for example, there will be 120k coins left - we can manage to put up some contest, or vote for "best new service of the month" - even unrelated with FIND or FIND mission - and award winner with 10k coins in a month. This will not create much pressure on the FIND market, but we can get the chance to expand our PR reach to guys, who's using this "best new service", but never heard of FIND  Wink
legendary
Activity: 1540
Merit: 1001
Crypto since 2014
#8 is my right choice ^^

What shall be done to the unclaimed coins? Burnt?

Extra bounty reserve? Or maybe re-distribution via wallet (we'll add them to faucet)?


Mby the best way is to be 1/2 for bounty reserve, and 1/2 re distribut via wallet Wink


The best way, in terms of price is to "burn" the coins because it reduces the supply but the demand stays the same.
sr. member
Activity: 434
Merit: 260
#8 is my right choice ^^

What shall be done to the unclaimed coins? Burnt?

Extra bounty reserve? Or maybe re-distribution via wallet (we'll add them to faucet)?


Mby the best way is to be 1/2 for bounty reserve, and 1/2 re distribut via wallet Wink

member
Activity: 98
Merit: 10
What shall be done to the unclaimed coins? Burnt?

Extra bounty reserve? Or maybe re-distribution via wallet (we'll add them to faucet)?
uki
legendary
Activity: 1358
Merit: 1000
cryptojunk bag holder
my vote to option #4, 10 times less coins than before.
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