BTS will dilute maximum 10% per year?

[Troglodactyl]

No.  That's not true.  BTS will sharedrop on the 5th, expanding the supply to 2.5 billion, not 25 billion.  After this point, dilution will occur only as approved by shareholder vote, and that's capped at a maximum rate that can be changed only by hard fork.

Your title is a little off. Maximum 10%, only if delegates vote for it, and that would be for the purposes of allowing in someone who markedly increases the market cap. So it's a maximum of 10% annual "dilution", but you could just as easily call it "growth". How much do you want this to grow?

Delegates don't vote for it, shareholders vote for delegates taking into consideration the pay rate they request, and the pay is taken from shareholders by dilution if they approve the delegate.

[jojomaster]

Your title is a little off. Maximum 10%, only if delegates vote for it, and that would be for the purposes of allowing in someone who markedly increases the market cap. So it's a maximum of 10% annual "dilution", but you could just as easily call it "growth". How much do you want this to grow?

;) get it

[donkeypong]

Your title is a little off. Maximum 10%, only if delegates vote for it, and that would be for the purposes of allowing in someone who markedly increases the market cap. So it's a maximum of 10% annual "dilution", but you could just as easily call it "growth". How much do you want this to grow?

[speedy]

Im not too worried about this because Im fairly certain BTS will grow at > 10% per year.

[jojomaster]

"Future dilution will have a hard coded limit of 10% per year and will be allocated to delegates that campaign and get approval for their pay.  This 10% limit may be raised via a hard fork with shareholder approval.     Our new "social consensus" will be that "majority shareholders rule" and everything else is subject to change.   "

Does it mean BTS will expand to 2.5billion and dilute 10% of 2.5billion per year?