Author

Topic: WAVES - Complete Blockchain ecosystem for a token economy - page 135. (Read 131013 times)

legendary
Activity: 1638
Merit: 1013


We are improving Waves’ economic model.
To make it more democratic and sustainable, we’re lifting the limit on issuing new tokens and introducing community-driven decentralized monetary policy governance.

Learn more: https://blog.wavesplatform.com/waves-introduces-governance-for-decentralized-monetary-policy-76de26c6aa6f
this is an important modification with a new reward:

"To make WAVES mining attractive, we suggest a reward of 6 WAVES for every generated block, which corresponds to target annual revenues of around ~5.3% (in WAVES) taking into account the possible increase of the generating balance".

but will the total number of waves be still stable, or increase with time ?

Yes total supply of WAVES will increase, This is very bad idea With fixed supply WAVES is losing value how about minting new coins? Why Shasha Ivanov need to listen to Trolls on telegram and twitter page! They are not part of WAVES community i bet they dont even holding 1 WAVES.

"Target annual revenues of around ~5.3%"

It's a fixed annual inflation rate if you don`t lease your waves to a node. You have no risks or disadvantages if you lease your waves.
With higher revenues, more people will join the waves community and if the growth of the community, caused by the higher revenues, is greater as the ~5% inflation rate then it's for everybody successful, even for people without the leasing feature. The possibility of a bull bubble will also increase because a lot of new investors could join the waves project, caused by the ~5% growth rate. And if you lease your waves to a node, you will get back the ~5%inflation rate caused by the leasing profits. I am pretty sure it's a great idea and it will strengthen the waves project.


This is a really good solution for this!! https://forum.wavesplatform.com/t/wep-7-an-alternative-proposal-for-block-generation-reward/17013

I dont think that this is a good idea. Unless you are staking, you will not benefit from a higher supply. Lets say someone stores their tokens on a Ledger and keep it long term as an investment. Now supply is increased through a higher stake reward. This means that the price per Waves will decrease as that is how crypto economics works. The person holding it on the Ledger, or any other wallet, will have their investment devalued. In order to maintain value, the person will have to stake their tokens to at least get more tokens.

The article mentions "The use of a Proof of Stake consensus algorithm leads to some WAVES being withheld from circulation in full nodes. Similarly, some tokens are withheld because of leasing, and with the arrival of sidechains yet more tokens will be locked up and removed from circulation." The introduction of higher rewards and increasing supply will therefore increase the problem with more people withholding tokens by locking them up in staking nodes to not devalue their holdings.

I cannot see any benefit with increase in rewards. it seems like a short term "solution" to increase interest in Waves in the short term. Why not rather wait until it becomes clear that there is a real problem. Currently the problem is only a perceived one as the writer of the article uses the words "Ultimately, this may prove unsustainable". Why make this change on something that may happen. The only know issue that will materialize out of this is that the price of Waves is going to the gutters and the whale holders will increase their holdings even more as they will get the most of the increase rewards.

I would much rather prefer if the team ramps up adoption and usage so that circulating token supply becomes a real problem. There are way enough tokens already in supply. A shortage of token supply would in fact cause an increase in the price of Waves which would create much more interest in the token than getting more tokens in the short term.
member
Activity: 1321
Merit: 28
will this alternative proposal WEP7 be submitted to voting ?


Hello estenity! The voting is now taking place. The detailed description of the proposed changes is presented in this article - https://blog.wavesplatform.com/waves-introduces-governance-for-decentralized-monetary-policy-76de26c6aa6f And you can check the voting current stutus here - http://dev.pywaves.org/activation/

Best Regards, Waves Community Manager.
hero member
Activity: 1923
Merit: 538
will this alternative proposal WEP7 be submitted to voting ?
newbie
Activity: 48
Merit: 0


We are improving Waves’ economic model.
To make it more democratic and sustainable, we’re lifting the limit on issuing new tokens and introducing community-driven decentralized monetary policy governance.

Learn more: https://blog.wavesplatform.com/waves-introduces-governance-for-decentralized-monetary-policy-76de26c6aa6f
this is an important modification with a new reward:

"To make WAVES mining attractive, we suggest a reward of 6 WAVES for every generated block, which corresponds to target annual revenues of around ~5.3% (in WAVES) taking into account the possible increase of the generating balance".

but will the total number of waves be still stable, or increase with time ?

Yes total supply of WAVES will increase, This is very bad idea With fixed supply WAVES is losing value how about minting new coins? Why Shasha Ivanov need to listen to Trolls on telegram and twitter page! They are not part of WAVES community i bet they dont even holding 1 WAVES.

"Target annual revenues of around ~5.3%"

It's a fixed annual inflation rate if you don`t lease your waves to a node. You have no risks or disadvantages if you lease your waves.
With higher revenues, more people will join the waves community and if the growth of the community, caused by the higher revenues, is greater as the ~5% inflation rate then it's for everybody successful, even for people without the leasing feature. The possibility of a bull bubble will also increase because a lot of new investors could join the waves project, caused by the ~5% growth rate. And if you lease your waves to a node, you will get back the ~5%inflation rate caused by the leasing profits. I am pretty sure it's a great idea and it will strengthen the waves project.


This is a really good solution for this!! https://forum.wavesplatform.com/t/wep-7-an-alternative-proposal-for-block-generation-reward/17013
newbie
Activity: 28
Merit: 0
https://www.coinspeaker.com/waves-blockchain-ethereum-cardano/

"According to MetaBlock, Waves is the top blockchain project leading by commits. Ethereum and Cardano follow Waves and take the 2nd and 3rd positions with 1847 and 1687 commits respectively."   

   Cool  waves Number1 , the price will follow
newbie
Activity: 28
Merit: 0


We are improving Waves’ economic model.
To make it more democratic and sustainable, we’re lifting the limit on issuing new tokens and introducing community-driven decentralized monetary policy governance.

Learn more: https://blog.wavesplatform.com/waves-introduces-governance-for-decentralized-monetary-policy-76de26c6aa6f
this is an important modification with a new reward:

"To make WAVES mining attractive, we suggest a reward of 6 WAVES for every generated block, which corresponds to target annual revenues of around ~5.3% (in WAVES) taking into account the possible increase of the generating balance".

but will the total number of waves be still stable, or increase with time ?

Yes total supply of WAVES will increase, This is very bad idea With fixed supply WAVES is losing value how about minting new coins? Why Shasha Ivanov need to listen to Trolls on telegram and twitter page! They are not part of WAVES community i bet they dont even holding 1 WAVES.

"Target annual revenues of around ~5.3%"

It's a fixed annual inflation rate if you don`t lease your waves to a node. You have no risks or disadvantages if you lease your waves.
With higher revenues, more people will join the waves community and if the growth of the community, caused by the higher revenues, is greater as the ~5% inflation rate then it's for everybody successful, even for people without the leasing feature. The possibility of a bull bubble will also increase because a lot of new investors could join the waves project, caused by the ~5% growth rate. And if you lease your waves to a node, you will get back the ~5%inflation rate caused by the leasing profits. I am pretty sure it's a great idea and it will strengthen the waves project.
hero member
Activity: 1923
Merit: 538

WAVES won't reach anywhere near $10 until Sasha sorts out lingering problems with his credibility from past failures, like the 3 year delay in Coinomat asset swaps, and the Vostok debacle. He has issued multiple unregistered securities, a highly suspect mega ICO, and he's acted dishonestly towards investors of those illegal securities,  so he has acted both illegally & dishonestly.

Does anyone really see WAVES hitting $10 with Sasha in charge, the guy is probably going to jail.

I always said that resolving the pending coinomat assets swap, was a major pre-requisite, even if i am not personally concerned.
hero member
Activity: 1068
Merit: 523
new staking system yields $350 monthly if waves $10 with an 8k stack.

So if you buy 8k now and this coin does a x10 or more the roi is 2 years.

at $1 the roi is 20 years or 5% as specified. excluding compounded growth.




WAVES won't reach anywhere near $10 until Sasha sorts out lingering problems with his credibility from past failures, like the 3 year delay in Coinomat asset swaps, and the Vostok debacle. He has issued multiple unregistered securities, a highly suspect mega ICO, and he's acted dishonestly towards investors of those illegal securities,  so he has acted both illegally & dishonestly.

Does anyone really see WAVES hitting $10 with Sasha in charge, the guy is probably going to jail.
member
Activity: 744
Merit: 29
www.MarquiseMuseum.com
new staking system yields $350 monthly if waves $10 with an 8k stack.

So if you buy 8k now and this coin does a x10 or more the roi is 2 years.

at $1 the roi is 20 years or 5% as specified. excluding compounded growth.

full member
Activity: 162
Merit: 100



What is going on with Coinomat swap?

legendary
Activity: 3122
Merit: 1032
#1 VIP Crypto Casino
Waves Transitions to Self-Regulating Monetary System

Open source blockchain platform Waves is transitioning to a self-regulating monetary system, allowing thus the community to determine the block generation reward size and coin supply.


https://cointelegraph.com/news/waves-transitions-to-self-regulating-monetary-system
sr. member
Activity: 537
Merit: 259


We are improving Waves’ economic model.
To make it more democratic and sustainable, we’re lifting the limit on issuing new tokens and introducing community-driven decentralized monetary policy governance.

Learn more: https://blog.wavesplatform.com/waves-introduces-governance-for-decentralized-monetary-policy-76de26c6aa6f
this is an important modification with a new reward:

"To make WAVES mining attractive, we suggest a reward of 6 WAVES for every generated block, which corresponds to target annual revenues of around ~5.3% (in WAVES) taking into account the possible increase of the generating balance".

but will the total number of waves be still stable, or increase with time ?

Yes total supply of WAVES will increase, This is very bad idea With fixed supply WAVES is losing value how about minting new coins? Why Shasha Ivanov need to listen to Trolls on telegram and twitter page! They are not part of WAVES community i bet they dont even holding 1 WAVES.
hero member
Activity: 1923
Merit: 538



We are improving Waves’ economic model.
To make it more democratic and sustainable, we’re lifting the limit on issuing new tokens and introducing community-driven decentralized monetary policy governance.

Learn more: https://blog.wavesplatform.com/waves-introduces-governance-for-decentralized-monetary-policy-76de26c6aa6f
this is an important modification with a new reward:

"To make WAVES mining attractive, we suggest a reward of 6 WAVES for every generated block, which corresponds to target annual revenues of around ~5.3% (in WAVES) taking into account the possible increase of the generating balance".

but will the total number of waves be still stable, or increase with time ?
member
Activity: 1321
Merit: 28



We are improving Waves’ economic model.
To make it more democratic and sustainable, we’re lifting the limit on issuing new tokens and introducing community-driven decentralized monetary policy governance.

Learn more: https://blog.wavesplatform.com/waves-introduces-governance-for-decentralized-monetary-policy-76de26c6aa6f
member
Activity: 1321
Merit: 28



Waves team has just come back from Tel Aviv Blockchain Week.

Read about this exciting event and Waves’ activities in Tel Aviv: https://blog.wavesplatform.com/waves-team-runs-events-at-tlvbw-586e846e809e
member
Activity: 1321
Merit: 28



Important Announcement for Waves DEX users!

Your depositing address for the ETH payment gateway has been changed. Make sure to deposit ETH to your new address!

In case of any issues, please, contact Waves team at support.wavesplatform.com
member
Activity: 1321
Merit: 28
anything new in Tel-Aviv ?

how was the mood ?

Hello estenity! We will present a detailed report about Tel-Aviv event in our blog in the coming days.

Kind regards, Waves Community Manager
legendary
Activity: 1638
Merit: 1013
Any speculation on the news that will be released tomorrow? Any idea of the topic? I hope it will be an announcement of a big partnership and adoption of Waves by a large company or sector.
hero member
Activity: 1923
Merit: 538
anything new in Tel-Aviv ?

how was the mood ?
sr. member
Activity: 1414
Merit: 270
Undeads.com - P2E Runner Game
Okay just entered new password and went into my waves account thanks.


So i just went to my portfolio and what i notice is it shows qualified coins.  Then there is all active coins.


So the active coins... its all i have but most of these are scam coins right?


Now why is it in qualified, liquid is not there?  Back then i remember it was worth something to waves but now the value is 0?  Back then i remember you could get like maybe 1 wave for ever few liquid?


Also i lease my waves and back then i would always get a ton of this thing called waves something.  I dont remember name.  Now there is no more?



Anyone know this?  So liquid is now worth $0?




A token on Waves as any token on Eth or a token on Tron or a token on EOS or a token on Binance chain etc. is worth as much as the effort behind that token. Unless there is a lot of effort and a solid purpose there will be no value. Lots and lots of tokens on all the chains I mention are worthless now. If you look on DEX there is still a pair for Liquid/Waves but is the only pair with any price to it. The volume is next to nothing so you can safely say that Liquid's prime has passed. For most tokens on any of the mentioned chains if you hold onto too long the tokens eventually become worth very little and you should have sold your Liquid way back. The nice thing about base Waves is that the team is actively promoting and there is some adoption.

It's not just the token itself and what is behind it (team, development, etc.), but also the platform on which it is created. In this case, we see that the creation and promotion of tokens on the WAVES platform is less popular than on other platforms/blockchains. Although I find it strange that it is now.
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