Okay, we've had good returns because the leo price has increased (is that right)?
But I'm guessing the leo price can also fall and/or be volatile.
Is it possible to make a judgement about a reasonable "low" price for leo?
If so, my suggestion is that we take that price point as the base for the @spinvest-leo account and calculate some different things:
- building a cushion for the @spinvest-leo account so that it can accommodate ups and downs and still continue to progress forward.
- set some targets for growth.
- calculate what dividends (in this case SPI tokens) can be paid when.
I see no problem about reducing payouts - @spinvest hadn't grown enough to make one of the dividend payouts and members voted to wait until the fund had grown to the size where it could sustain a payout.
The purpose of @spinvest is to get rich slowly ... we need to choose the path that leads to that.
I'm loath to support proposals that require more work, because I'm not sure that's sustainable either.
The value of the assets has been increasing. However, we are pretty much selling alk the LEO we earn to pay mining payouts. The safety buffer has been the transfer from @spinvest each week.
Boss man Spinny is hoping to get to a point where I don't need that transfer anymore.
Maybe I need to put a freeze on new delegations for a few weeks and get the balance right?
Thanks for opening the conversation, I'll look at some more numbers tomorrow.
Posted using Partiko Android
Hey, just jump to in. We should not need to freeze anything. If we get a few more posts on the go and be consistent, we'll earn more Leo's.