After a couple of weeks of brainstorming with you guys, with @ph1102 and with myself regarding potential changes around the project, I've come to the realization that for the moment being I couldn't decide on what action to take. I've got some very interesting inputs from several sides and I simply don't want to rush things in any way. The project the way it is at the moment isn't perfect but a solution would need to be better for the token holders and also for me as the manager of the project. So far, I couldn't come up with a solution that caters to both of these sides. Therefore, we will continue the CTPSB project the way it is at the moment... By saying we, it means that from now on, the project will be managed by Liotes. In other words, @ph1102 will have a set of keys for the accounts as well and this should reduce the risk for token holders. However, I will continue to manage the project more or less the way I did it before.
I would like to apologize for all the noise and questions. However, I believe that it's better to go on with something that has proven to be working fine instead of making changes just for the sake of making changes with an outcome that may actually not be better for everybody involved...
Big burn
For a couple of weeks, we have stopped the burning of CTPSB tokens because we planned to use this money for the potential changes. We have taken all the funds accumulated and burnt 5 CTPSB tokens this week. This allowed a nice bump into the price of CTPSB and an increase of the APR.
The numbers of this week
| Assets | Amount | Increase over last week |
|---|---|---|
| Hive Power | 32641 | +97 |
| Tokens in circulation | 9452.5 | -5 |
| Burnt tokens | 2045.9 | +5 |
| Token value | 3.453 | +0.012 |
| APR | 15.1% | +2.1% |
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