Hey roleerob, hope you are having a good Sunday.
As we both know, this peg is not "real" until such time as you or I (or anyone) can actually exchange the PWR we are receiving (for our HP delegation) into HIVE. Until then, this token will have the same "Hotel California" feel to it that most every other Hive Engine token has ... The $$s we see on our screens is just MIM (Magic Internet Money) which is not real ...
While I can fully understand what your point is, I believe that in this particular case, it is far from reality.
With PWR you have a liquidity pool with a more than decent amount of Hive in it in which you can exchange your PWR for HIVE at any time with a more than acceptable slippage.
This alone makes PWR different from any other Hive engine 'mirage' which tries to attract you with a very high APR but at the moment of truth, you can't never realise this APR.
So again let me politely disagree with you:
Then the $$ we see on our screens are very real.
I would encourage you, in future update posts, to focus in on how the highlighted portion of your post above is going. How you personally see it, projections on when you anticipate the next "milestone" to be reached in its "maturing," etc. However, you deem it best to report on it, as without it ... Well, I am sure you understand my point.
And yes this is planned, Although I try to be careful about what information I make public and what I do not.
For example, I may have intentions to start with buybacks at some point, but should I do it before the end of the first month or not? Right now I feel that the project is still in an ''experimentation phase'' where I am trying to understand how the different participants are behaving. The answers to the questions you raise are very valuable and will come little by little, as I said myself, I am learning as I go along.
In the meantime, I am doing my small part. Just compounded another bit of PWR / HIVE into the LP
Working as intended! Thx
P.S. FWIW, while I am familiar with your account name, I am unfamiliar with engaging with you personally. I am "here" due to the recommendation of someone with whom I have established some trust over time.
And it is precisely these kinds of details that make the opinions of users like you so valuable. Thank you for taking the time to leave me your comments and suggestions.
As I said before, enjoy your Sunday. Amazing sunny day to be among the family :)
RE: PWR Update: Increasing the HIVE - PWR APR up to 15% (x3) and how to get the most from it.