Author Topic: Approve my 100% pay rate delegate  (Read 27701 times)

0 Members and 1 Guest are viewing this topic.

Offline kokojie

  • Sr. Member
  • ****
  • Posts: 286
    • View Profile
The AGS funds will all be spent before january and salary for us is not a part of it. Some devs got lump sums of BTS but that is our golden goose and we don't want to spend it all to survive the next few months.

Can you share what/where will the AGS fund be spent on?

Offline fluxer555

  • Hero Member
  • *****
  • Posts: 749
    • View Profile
The AGS funds will all be spent before january and salary for us is not a part of it. Some devs got lump sums of BTS but that is our golden goose and we don't want to spend it all to survive the next few months.

So you have loads of BTS given to you from AGS funds, and you want more from shareholders so you don't have to spend it, and rake in maximum spoils later?

(Please don't misinterpret my tone- I just think these questions need answers)

Offline toast

  • Hero Member
  • *****
  • Posts: 4001
    • View Profile
  • BitShares: nikolai
The AGS funds will all be spent before january and salary for us is not a part of it. Some devs got lump sums of BTS but that is our golden goose and we don't want to spend it all to survive the next few months.
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

Offline fluxer555

  • Hero Member
  • *****
  • Posts: 749
    • View Profile
No. 3I will go away and they'll all get paid by the blockchain.

So why are we not burning the AGS funds first before we start 100% pay delegates? There is still $millions in AGS remaining right?

This.

Relevant. I thought Stan was behind me on this? What happened?

AGS funds are MOST effective NOW.
Delegate-pay is LEAST effective NOW.
AGS funds can be used to increase our market cap.
When the market cap is larger, dilution-pay is MOST effective.
When the market cap is larger, the inflationary effects of dilution-pay are MUCH LESS

Having I3 devs become delegates effectively does not 'add capital' to the ecosystem, since the capital behind AGS was assumed to be fueling these devs, and this value was assumed to be behind BTS and is thus priced in.

As long as the AGS funds are above $0, any delegates that would have been payed by AGS funds are unnecessarily and irresponsibly inflating BTS.

Stan, our resident rocket scientist: what happened to my rocket analogy that you loved so much?

Offline cgafeng

 +5%you have my vote.
BTC:1EYwcZ9cYVj6C9LMLafdcjK9wicVMDV376

Offline Riverhead

Not sure, there's a Google doc with the ledger. Don't have the link right now.

Sent from my SM-G900T using Tapatalk


Offline speedy

  • Hero Member
  • *****
  • Posts: 1160
    • View Profile
  • BitShares: speedy
No. 3I will go away and they'll all get paid by the blockchain.

So why are we not burning the AGS funds first before we start 100% pay delegates? There is still $millions in AGS remaining right?

Offline Riverhead

Toast works on issues as they come up and is generally helping with development tasks.   So his plans are not well defined but clearly he can be trusted to use his time wisely.
Doesn't I3 pay him for his work?
No. 3I will go away and they'll all get paid by the blockchain.

Sent from my SM-G900T using Tapatalk


Offline abit

  • Committee member
  • Hero Member
  • *
  • Posts: 4669
    • View Profile
    • Abit's Hive Blog
  • BitShares: abit
  • GitHub: abitmore
Toast works on issues as they come up and is generally helping with development tasks.   So his plans are not well defined but clearly he can be trusted to use his time wisely.
Doesn't I3 pay him for his work?
BitShares committee member: abit
BitShares witness: in.abit

Offline xeroc

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 12922
  • ChainSquad GmbH
    • View Profile
    • ChainSquad GmbH
  • BitShares: xeroc
  • GitHub: xeroc

Offline cass

  • Hero Member
  • *****
  • Posts: 4311
  • /(┬.┬)\
    • View Profile
https://bitsharestalk.org/index.php?topic=11370.msg149705#msg149705

hope this helps a bit to simplify the voting process directly out of forum
█║▌║║█  - - -  The quieter you become, the more you are able to hear  - - -  █║▌║║█

Offline emailtooaj

Sound Editor of Beyondbitcoin Hangouts. Listen to latest here - https://beyondbitcoin.org support the Hangouts! BTS Tri-Fold Brochure https://bitsharestalk.org/index.php/topic,15169.0.html
Tip BROWNIE.PTS to EMAILTOOAJ

Offline BTSdac

  • Hero Member
  • *****
  • Posts: 1219
    • View Profile
  • BitShares: K1
I will vote you after work
github.com :pureland
BTS2.0 API :ws://139.196.37.179:8091
BTS2.0 API 数据源ws://139.196.37.179:8091

Offline laow

  • Full Member
  • ***
  • Posts: 155
    • View Profile
BTS acount: laow

Offline myhometalk

  • Jr. Member
  • **
  • Posts: 32
    • View Profile
You are having my VOTE +5% +5% +5%