Neoxian is a social platform like steemit but runs on a token system by steem-engine.
The Token: NEOXAG
Miner Token: NEOXAGM
Neoxian went through some positive updates a little over a month ago which reduced miner payouts and instead pushed that percent into those who stake the NEOXAG token and boosted the rewards earned from curation posting.
This brought a positive impact on the price as it shot up and ended up getting a lot more people involved and staking their tokens.
As of yesterday another change has gone into effect which might sound crazy at first but is actually very beneficial.
Everything has been cut in half!
That means mining rewards have been halved, post rewards halved, curation rewards halved and staking rewards halved.
Now to some if not most people this sounds like oh man I am getting less now. But in reality you are getting the same if not MORE.
This reduction will in theory bump the price as the supply has been strunk by half. So if 10,000 NEOXAG was being printed each day now only 5,000 is which reduces the supply but still keeps the demand the same or potentially a little higher at the moment.
Be sure to grab up a miner if you can or NEOXIAN tokens and start staking them.
Simply use the neoxian tag to get your post on their site.
