My experience of buy-backs is that they promise a lot, but don't have much effect. Is there not a way to reward the delegators more directly - for instance increasing the rewards payout, or some kind of dividend function (either in XCT or other assets)? Otherwise I fear you simply waste a lot of funds buying up tokens which will have negligible effect on the token price.
T
Best posts made by TargetD
-
RE: XCT Buyback and Burn Off-chain Proposal #1
Latest posts made by TargetD
-
RE: $OSMO Staking XCT Incentive off-chain proposal #2
Agreement. Please make it so. And then follow up with Juno
-
RE: XCT Buyback and Burn Off-chain Proposal #1
My experience of buy-backs is that they promise a lot, but don't have much effect. Is there not a way to reward the delegators more directly - for instance increasing the rewards payout, or some kind of dividend function (either in XCT or other assets)? Otherwise I fear you simply waste a lot of funds buying up tokens which will have negligible effect on the token price.