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RE: SOME SERIOUS ISSUES exposed by recent PRICE HIKE [discussion, only PH core team members]
Dear Piotr.
I have a simple and effective proposal:
You must establish the amount of the weekly support in dollars.
I'll give you more thoughts via discord.
All best, Juan Molina.
Dear @juanmolina
That's also not a good solution. It wouldn't really change the problem. It just problem would be reversed -> if weekly support is pegged to usd, then price drop would become an issue.
Reality is, that the only sensible way would be to adjust budget for that particular activity every month. Depending on level of beneficiaries coming to ph-fund. And it would mean, that every month weekly suppot would have to be adjusted as well (?).
I'm not sure how to achieve that any other way than mentioned above: by launching our own HOPE token, which would be transfered to all active members the way they were receiving liquid STEEM right now. And to use some fixed % of all beneficiaries (both chains) to buy back and burn those tokens.
This way pretty much everyone could trade it on the market since buying pressure would be guaranteed, and at the same time selling pressure would be coming only from our group.
I will have few weeks to digest this problem and figure out how to approach it. Will talk to you via discord soon.
Yours, Piotr