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RE: @tipU Curate Project Update: Recharging Curation Mana

in #steem5 years ago

so, even if those tokens burned(or held at @null) you still count that as already "an issued in the past" and do not re-issue what's been burned?

maybe an example would make it easy for us to understand what i mean.

ex)

  1. Total SP at tipu is 100.
  2. Thus, 100 TPUs were issued already and distributed.
  3. 1 year later SP grew up to 110.
  4. During the one year, 20 tokens were sent to @null.
  5. You will still only issue 10 TPU more as SP grew by 10.

or will you issue 30 TPUs (10 + 20 that were sent to null) ?

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The amount of SP does not determinate how much TPUs are issued.
Instead every time I issue new TPUs I manually set how much SP are backing them up - making sure that the ratio does not go lower.

So in this example after a year we have 80 tokens backed by 110 SP (1 TPU = 1.375 SP).
If I issue 10 new tokens, I need to add at least 13.75 SP to the pool backing the TPUs (to keep the previous ratio). If I issue 20 new tokens it needs to be 27.5 SP and so on.

cool, i get it now!