RE: VYB Impacts the Richlist Significantly

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Though the 4vyb for 1 was expected to be valid for 150,000 coins, it seems to have collected 92000 POB. Not sure what does it mean.

Sending POB to the @x-1pob-4vyb account with the word 'market' in the memo means "I want to exchange these POB tokens for VYB tokens at this exchange rate or the next best available exchange rate(s)." A lot of folks have been using that approach.


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I understand that a lot of folks have been exchanging it. But when the token pool was 150000 coins, I presume it was for 150000 POB. Then why there is a balance of only 92000 ? Are the coins still available to be exchanged at the rate of 1 pob for 4 VYB

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150000 coins

These are VYB Token friend not POB. For POB, ÷4 i.e 150000÷4 = 37500 POB. You can calculate the same for others as well. I thought as same earlier, lol and totally missed the 4x and 3x opportunity which are already exhausted, 2x is available right now and is going to be completed soon, hurry up now. 😊👍 !PIZZA

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btw, I love how you toss pizza around (I'm not fishing for one, just acknowledging that I think it's cool that you do it)

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Ha ha, thanks friend. They call me PIZZA boy, lol. !LUV !LOL

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@vikbuddy is on top of it (see previous comment).

The first 150,000 VYB were exchanged for 37,500 POB (at the 4:1 exchange rate).

Most of the 92,000 POB you are seeing were used to claim VYB at the 3:1 or 2:1 exchange rates (using 'market' in the memo).

However, 50k POB have just been staked to @vyb.pob.aat. Those will subsequently be delegated to the VYB anti-abuse team (to compensate them for their efforts).

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(Edited)

I was about to make another post related to this. But many thanks for the same. I was thinking about the ratio of 1:4. If there are 92000 POB's then there is 368000 VYB's that must have gone out from this account. But your comment answers couple of the questions.
So just for my understanding, it is probably the collection of all the #pob in the single account @x-1pob-4vyb rather than different accounts @x-1pob-3vyb or @x-1pob-2vyb. Is that so ?

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