RE: We have lost some delegations but we will keep the APR up

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Thanks a lot for your question.

The account that we use to burn CTPSB is not new, it's the account @ctpsb.pal. It has been growing very slowly but this week, we allocated 100 Hive to the account and powered it up. The Hive power is delegated to @liotes.voter where it generates daily LEN tokens dividends. We sell these tokens once a week. With the proceeds, we buy CTPSB tokens from the market that afterwards we burn. Today, we have burnt 0.178 CTPSB tokens.

The idea is to make this account grow thanks to a part of the author rewards, so that we can burn more and more tokens in the future.

The advantage is that we can increase APR without decreasing the voting power of the account.



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