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This post is not financial advice.
I minted and burned all the tokens except for the final circulating supply.
That number is 7144. No other DEBTGAME tokens will or can exist. This is the total number of tokens and that number will go down over time as tokens are bought back.
This account holds 3300 which will be distributed once a distribution method is voted on and finalized. If LP is chosen, I will use some tokens from the promo account to start the LP.
Once the distribution method has been decided and paid for (in BEE if staking or LP is chosen) then we will know the "debt" ratio and go from there.
I am toying with an idea that will likely be brought to a vote eventually which is allowing folks to trade some DEBTAGME tokens for HSBI units. At current rate it would be 1 token for 1 HSBI unit. This will of course depend on availability of funds, what we decide to budget for buybacks, etc.
Like I said from the beginning most things are voted on but I do take the liberty to do what I wish from post earnings. So farI haven't really done anything. The HP earned remains powered up.
I did buy some HSBI units for other accounts but for the most part I have just kept the earnings as is. If folks decide they do want to be able to exchange DEBTGAME tokens for HSBI units(or HSBIDAO tokens), that budget will most likely come from post earnings. So it will be limited and experimental. Tokens exchanged for HSBI units will be burned.
This is something that will be decided further down the road. just letting you know that's one thing that will likely be voted on in the next couple of months. We have a lot more decisions to make before this.
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Once the distribution method is finalized we will then decide what to do with the assets on the account. Power up the HIVE for curation, delegation(or a combination of the two). Do we go into other high APY LPs..The buyback budget(I do have a temp one but we will decide what it will be collectively moving forward) ...those types of decisions are coming up. They will all be separate things to vote on.Just something to think about in the mean time.
This is a non vote post, so I haven't tagged anyone.