Ah so many problems to solve, where to start?
How about starting with implementing a Continuous Process Improvement methodology.
Today, we take a look at the Check part of our Plan-Do-Check-Act improvement cycle.
Before I get into some details, I want to thank all the Hivers that have been upvoting the blogs from our PEPT problems solving account. You may have noticed that blogs from the account are being muted while we work on getting it's reputation back in the positive range.
If you look at...
@toofuckeh
You will see...
You can review the PEPT community pinned blogs if you want to know the "why" of the low reputation or low rating. This post is about updating you on the continued progress of our problem solving account and token. Your upvotes on these blogs will help in raising the account reputation so content is not censored. I hear that Hive is censorship resistance. To that, I respond with a @TooFuneh Reward Pool account and token. More on that later.
Ok, so you see a crazy amount of tokens issued and circulating. To know why, visit the following blog.
PEPT TooFuckeh Game Piece Valuation
Note the following...
Effective immediately, I will not be releasing any tokens from the fjworld.pept account. If we need to release more tokens that decision will be made via a proposal to the community.
If you accept this directive then having issued a poop load of tokens and its corresponding market capitalization means very little. Now it may trigger an emotional response from some Hivers, maybe cause one to panic and feel a need to warn the world about a potential scam.
Let us look at some facts.
https://market.crypto-dreamr.com/view/TOOFUCKEH
Look at that, just about all the tokens in circulation are locked up.
Next we look at the staked tokens and the @PEPT-Learn account.
The PEPT-Learn account is gradually transferring wealth from The PEPT Game to game players. It is re-distributing the token circulation. It doesn't create new tokens so there is no inflationary impact to token holders. Looking at the various ways that many projects address inflation you can see that this method is least complicated.
Also, the PEPT-Learn account is not selling on the open market so don't be fooled with Hivers suggesting a Pump-n-Dump for this token exists.
If you stake your tokens it will take one year to unstake your total holdings. You receive one twelfth of your holding per month. This means that our @PEPT Banker account can plan ahead for eventual disinvestment from Hivers.
PEPT Market Maker Service via @pepEntropy account played a critical role during the token release and price management. Any Hivers that received or bought tokens were always able to sell at a fair market price. Again, this is unlike many layer 2 token projects that for the most part, ignored the trading price of their token.
Once the staking feature was added, it meant that the cost of managing the buy side of a trade could be lowered. For example, 200+ SWAP.HIVE could be moved from open buy orders to a Liquidity Pool that would earn while the project continued to grow digital assets from its day to day operation.
Initially, a set of conditions were created where PEPT subscribers would need to hold some PEPTide value added tokens to receive any SWAP.HIVE rewards for holding problem solving tokens. The amount of reward earned was linked to community engagement activities and amount of tokens held.
As the project unfolded, funds were earned, saved and then allocated to funding a staking option for our token.
Going forward, what you stake will determine how much rewards you receive. You are still expected to be a PEPT subscriber, hold a minimum of one value added token and demonstrate some level of community activity. Here is where I rely a bit on an Honor System.
In time, I hope to see a coder get involved to hell build some needed automation. For example, a trust but verify processing tool.
Now we look at the token market depth.
PEPT Marker Maker Service is able to ensure a fair market trading opportunity at a lower cost of operation.
When Hivers take the opportunity to cash in their earned rewards, they know they can receive some SWAP.HIVE at a fair market price.
Above, I mentioned the TooFuneh Reward Pool. This is an account and token created to grow and manage the rewards for stakers of our problem solving token. Some profits from PEPT operations are sent to this account. Sometimes funds are added based on the generosity of the PEPT founder. As a supportive PEPT Hiver you can donate SWAP.HIVE, HIVE, HBD and even layer 2 tokens you don't want. You can delegate some HP to the account. At some point we should see some blogging from the account which will contribute to higher earnings for problem solving token stakers.
I believe this is enough information for you to digest at this time. In a future blog we will look at strategies used to create digital wealth from our problem solving token use case.
Please do not hesitate to upvote, comment and ask questions. I look forward to a day where 0.01 Hive is a solid support level for our problem solving token.
May Positive pepEntropy be with all Hivers.
https://hive-engine.com/trade/PEPENTROPY
