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RE: Current Situations Regarding the Work Conducted Within the Scope of Cent and the Project

in Cent8 days ago

The burn rate will be increased to 100% again. Our job was quite easy when tribe tags were used in @buildawhale account's burn posts. I have to thank you again for that. In the current situation, it is almost impossible to find 10 pieces of content that we can vote 10 times with 100% rate. Also, these contents must use tags from 5-10 different tribes without exception. For example; We work with 5 different tribe tokens in @centtoken account. We received delegations from different users such as HP, Bee, Leo, Cent etc.

The best solution for this seems to be to create burn posts using tags from 5-10 different tribe projects.

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I got tired of the bitching and moaning so took tribe tokens off. I am doing this for no benefit of my own and get endless shit for it. There is no point of making 11+ posts a day to burn a couple cents of cent. Pun intended.

If you can't find 10 posts to vote a day, then you may need to get more exposure of your tribe and encourage people to use it. Burn posts are a means to an end but not a very good solution. Having everyone doing them is even more of a mess, especially to burn what I am guessing is not even $1/week?

Thanks for the feedback. The only solution left is to start an unstake on the account, route the delegators and create accounts like @curator.cent, @curator.bee, @curator.leo.

If your purpose is to burn CENT, just burn it. I assume you are the token owner? Burning a few hundred tokens for a token with 1,000,000,000,000 supply is only a symbolic gesture.

The fact you are creating 11 posts/day with $10-20/day in Hive rewards to burn ~0.35300000 Hive worth of Cent doesn't make a lot of sense especially taking 5% cut on the process.

I'm obviously all for burn posts, but everyone creating their own burn posts is just bloat especially when it is taking more from Hive than it is burning.

The whole point of me burning tribe tokens was to avoid this, but I can only take so much shit before I decide it isn't worth the headache just to help people out.