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General Discussion / Re: Anybody knows what the "init0 refund 400K BTS" proposal is all about?
« on: October 20, 2015, 11:06:35 pm »
it's a refund worker...
it doesn't really change anything, just explicitly sets the floor for returning unused budget to the pool, which was never being taken out so far
https://bitshares.org/technology/stakeholder-approved-project-funding/
400k from the reserve fund which was not being spent is now being withdrawn and returned to it each day. This is the "floor" that will pick up the scraps from whatever projects users want to fund.
If you don't like it, reject it. But there is no point to reject it, literally does nothing to the value of BTS, and no one is getting paid from it -- it just makes it easier for when the community does approve workers for there to be this "floor"
it doesn't really change anything, just explicitly sets the floor for returning unused budget to the pool, which was never being taken out so far
https://bitshares.org/technology/stakeholder-approved-project-funding/
400k from the reserve fund which was not being spent is now being withdrawn and returned to it each day. This is the "floor" that will pick up the scraps from whatever projects users want to fund.
If you don't like it, reject it. But there is no point to reject it, literally does nothing to the value of BTS, and no one is getting paid from it -- it just makes it easier for when the community does approve workers for there to be this "floor"