Author Topic: Proxy:baozi - proxy for anti-dilution  (Read 2118 times)

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Offline clockwork

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Re: Proxy:baozi - proxy for anti-dilution
« Reply #15 on: December 29, 2018, 03:18:57 pm »
This thread is quite old.

Alt has updated his reasoning about not voting (worker performance and transparency) and although I don't necessarily agree with him, dilution was no longer one of his reasons.

At the end of the day, dilution is minimal/non existant at this point. Even if all daily budget was spent on workers for a whole year(which it never was) , it's still only 4% added to the circulating supply. And not only was only about half of that actually spent even with most workers voted in, but 90% of that bts was used to buy bitassets so created demand that caused an equivalent amount*1.75 of bts to be locked up as collateral.

So the dilution argument is no longer alt's reason imho

Online sschiessl

Re: Proxy:baozi - proxy for anti-dilution
« Reply #16 on: February 13, 2019, 08:13:00 am »
Hello baozi,

I would like to ask of your opinion on workers:

  • The reference faucet (onboarding on and many other services) is seeking funding to operate for the community. Dare I say it is the sole worker that is profitable through referral rewards that are being burnt (and it will only get more the longer it runs). Last half year 100k BTS were generated through referals and returned. In that sense this worker is anti-dillution.
  • We (Blockchain Projects BV) seek to maintain the infrastructure (endpoints worldwide, elastic search database, docker containers, statistics and more)

I would be very interested in your feedback. Always looking to improve and refine to match the needs of the community.

Offline xeroc

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Re: Proxy:baozi - proxy for anti-dilution
« Reply #17 on: February 13, 2019, 09:15:55 am »
Also worth noting: The committee has created 6 REFUND workers that enable more granular spending of funds:
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Offline bitcrab

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Re: Proxy:baozi - proxy for anti-dilution
« Reply #18 on: March 29, 2019, 05:24:22 am »
proxy baozi voted this worker:

1.14.175   Poll - BSIP59 - Do Not Reduce MCR of bitCNY

so if you actually support to reduce MCR, please cancel setting baozi as your proxy.



Offline BTSMoon

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Re: Proxy:baozi - proxy for anti-dilution
« Reply #19 on: May 13, 2019, 06:53:45 am »