RE: The Little Tribe That Could...
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Congratulations on the 100 referrals. I don't know if burning all the tokens is a good idea or not. At least I know taskmaster4450 doesn't think so. We tend to stake the rewards right now to the top 3 every week with a percentage of 50%,30% and 20% right now in @leomarkettalk.
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We need buy pressure on CTP. Leo is a different beast with thousands of dollars in volume a day. CTP still has a long way to go, and the more scarcity we put on the supply, it should help.
We can always change things up down to the road...But LEO is in a very unique position compared to us little fish LOL
We have to create the demand :)
Leo has very powerful burn mechanisms in place already (ads, cubfinance) and also has with leo.voter a very powerful tool that creates demand for the token. It basically uses hive delegations to buy leo tokens on a daily basis.
CTP is lacking both. We buy some tokens through ctpsb and burn a part of it but that's about it. Thanks to @ctpchat, we would also have a tool that could fullfill both sides of the market, reduce supply by burning and increase demand by buying the token on the market.