Hey Alex, hope everythings okey :)
If PWR price goes up, the 12% in Delegation rewards will 'print' less and less PWR. Something which doesn't happen now. Currently the distribution bot assumes 1 PWR is always 1 HIVE.
How is PWR mechanism different from SEED?
SEED had a few problems:
Based on presales through DAO Maker (apparently dead now). Those presales worked great in the beginning but had LOOONG lookups, like ~2 years or more in some cases. That was fatal.
hard coded fixed supply: which gave me 0 flexibility for a growing liquidity pool.
Full KYC on DAO Maker from my side. This was another killer long-term. Spain is being very hostile with entrepreneurship and treats his citizens like criminals by default. I had a ''false alarm'' (in the end not finally needed) which would have forced me to declare all our SEED assets as 'mine'. With incurring taxes and all that stuff.
With PWR it's a bit different.
RE: IMPORTANT: PWR Token Revamp