Tax on Non-native SportsTalk Posts: New Proposals (10%, 30%, 50%) coming
The resolve for the SportsTalkSocial (STS) community to grow alongside Hive counterparts like LEO, CTP is non-negotiable. This is evidenced by the community members' readiness to support the reduction of SPORTS supply through improved burns as well as welcome more dapps to increase SPORTS usecases. It will be out very joy to see SPORTS be valued at $0.001 in the next Six months to One year. It is possible!
After a failed proposal that sought to peg tax on non-native STS posts at 50%, many responses were fielded by community members as posts and comments and the rallying showed how interested we all are on the matter. There were varying views from different users (as expected) as to how much of the tokens should be auto-burnt from posts not created on https://www.sportstalksocial.com/. Suggestions rounded from 10% to 50%.
Thanks to the community lead @Patrickulrich, who has stated in the STS discord of his readiness to prepare 3 proposals still on tax on non-native Sportstalk posts. but each with different burn percentage. The three selected percentages are:
- 10%
- 30%
- 50%
All community members are called upon to show their solidarity to voting to all 3 proposals. Reason for this call is simple that if the votes do not amount to 51% GP, the proposals would again fail and that results to wasted resources. Putting forward the 3 proposals is to allow the community show their weight in the most supported percentage.
Each user is expected to vote on a "YES" or a "NO" on all three proposal to show their desired option and that within the 7-days payment window from when the posts are created. At this stage, it would be a matter of GP which is a function of SPORTS Power.
It is therefore advised that users pick up as much SPORTS token as they can while they still remain cheap in the Leodex and Hive-engine markets to grow their GP to a value that would show a significant support to a desired percentage tax. I'll be going for some millions of SPORTS to help raise my GP. I hope that holding 40% GP all alone would be possible in the future.
It is my believe that we'll successfully pull through the proposals this time so as to bring healing to SPORTS token and have the price have some healthy rise in the coming days, weeks and months.
High engagement in the course of voting for these proposals are highly solicited and I and other high stakeholders would be rewarding the comments section, users that share thoughts on why they are voting on the affirmative for a particular proposal.
I trust it would be another fun moment in the STS community. Here we go!
I agree with your statements. However, let's keep the arguments civil. Everyone will have an equal chance to make their voices heard. We will grow best as a community through conversation. I believe that Patrick will put his own comment in each proposal listing what voting yes, no or no vote means. If you have questions about it after reading it, go ahead and write them down for everyone to see.
With proposal votes, it'll definitely be a civil contention, with your stakes though.
Did patrick mention when this proposal will be out ?
I am waiting to vote . Lot of things going on right now , plenty to be excited about.
Check
Still honestly debating the best way to move forward to be honest. I had planned the three posts but after some private conversations I've been encouraged to hold a town hall and let voices be heard until we can define a certain percentage. I'm debating still moving forward with the three proposals and if none pass do the town hall and figure where to move from there.
Whatever the case, we need tax on the STS frontend as soon as possible. Now that the price is gaining relevance, it's a good time to induce engagement on the website.
I agree but don't want to upset our userbase at the same time. I'm really excited for what @amr008 is building to encourage engagement in new ways. I'm going to be a huge supporter of the eventual proposal for that system.
I think once that witness proposal gets funded. We should peg it at one proposal per week.
The proposal to peg tax on non-native STS posts at 50% failed but the courage to keep on trying new proposals inline with what is obtainable from other Counterparts like Leo for instance is what motives us the most to grow our GP to support the proposals that best fits us the community
It's good we learn from Leo but there are many things that differentiate the two tribes. We have a lot more of SPORTS in circulation than leo.