Poll 3: Suggested strategies for stabilising the Platform-Your ideas.
by
Carl Miller
·
2 years ago
This is a poll for you to give Ideas about what strategies you think will improve the stability of the HyperNation Eco-system to halt the drop in the Value of HNT.
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They can be ideas of a way to stake HNT, HND or HB or HWT
They can be ways to use HNT in current or future functions still to come like HyperWallet
They can be new functions not even thought of yet.
(well if I could list an example it would have been thought of LOL)
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As this is an Idea collection poll; so I have only provided the three from the article and an OTHER option where you can add your idea as TITLE
then go to comments and explain your idea in detail for consideration in the next poll where people will vote on the best ideas put forward.
NOTE NOTE NOTE NOTE NOTE NOTE NOTE NOTE NOTE NOTE NOTE NOTE NOTE NOTE
this is not a forum to complain about the problems with withdrawals or the drop of release rate. Management already know how you feel,
This is where you GET TO SAY what you suggest to prevent it happening or needing to happen again
remember don't vote for options until the next poll
Select OTHER and add your idea and I have allowed multiple entries in case you have a few good ideas.
Name are not required but you can add name to any comments -
Who knows if you get a fantastic idea, they MAY feel compelled to offer a reward.
closing date 1/Mar/2023 4:00am SGT
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CloudHeaven
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Limit withdrawals but keep incentives to build the community and cap taking the top whack of benefits. The sardines can stay alive with lower penalties while the whales live off their big wallets. If policy is release rate us never lower than 0.35% then we should stick to this and maintain integrity.
Great job Carl!
2 years ago···
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chinasa agnes
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Implementing a weekly or monthly withdrawal limit for all will be great to stabilize hnt price because when the big whales *nodes* withdraw and sell their huge amount of hnt, that's what causes the hnt prize to crash and the whole community suffers.
2 years ago···
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Sphiwo
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1. 1 reduce CRR for V7, V6, V5, V4 and V3 to 11%V7, 9%, 7%, 4% and 2,5%V3 respectively
2. Prices for certain campaigns are very high which makes it difficult for small accounts to participate. Extend Campaign period.
3. Look into the possibility of transferring HNT to Hyperstore as HND.
4. The hyperstore should be accessible by all regions by making sure that ships are covered equally across regions before any 20% from rewards can be transferred in. The 20% should be from federal rewards only, otherwise there’s gonna be huge balance of HND in hyperstore as people do t so shopping every week. Alternatively reduce to 10%.
2 years ago···
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Me
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Make us withdraw with something stable once.., The community is still very small compared to how large it can get.., & the price is already tanking & disadvantaging us.., what will happen later.., We totally do not want the hvt situation again.
& What is currently happening is stopping us from bringing more people into the platform.., no one wants to sign up for something & then get something far worse..,
Even for us the small players.., we are even afraid to put in more money now.
2 years ago···
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Trevor
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Cap withdrawals to 4000 hnt a month. We still have withdrawals of 10 and 15 thousand and maintain the ability to earn 0.7 % daily. That way people will have more confidence in inviting new members
2 years ago···
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Domenico
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I think there should be a withdrawal ceiling for VIPs... then A % should go to the Staking Pool to encourage those who believed in us to follow us..... another % to buy services from the company to also favor the company and no one should be displeased
2 years ago···
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Keiana
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Limit withdrawals to daily or weekly limits. Amazing job Carl 👌🙌👏
2 years ago···
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BitcoinOla
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Carl my comment couldn’t be uploaded so adding here for inclusion :
Re withdrawal liquidity issues potential initiatives to better manage the process for CM to take to Corporate 1. Execute a maximum daily withdrawal limit overall for all citizens or per rank V0 to V7 that’s relative to earning potential. This is critical to prevent mass withdrawals when community members panic to withdraw and sell HNT at the same time force price decline eg $20k max daily withdrawal threshold per account. 2. Execute a mandatory % of swap/withdrawal HNT eg 20% to go into a new certified community account that’s automatcally staked to earn APR% and release at 10% per month vesting period of 12months. 3. Execute a mandatory % of HND swap to be apportioned to HNT and HWT eg HNT 80% and HWT 20%. 4. Execute HNT burn for top rank citizens that are community building that are likely earning vast majority of rewards to get special monthly airdrops in BTC or ETH equivalent of their rewards that it’s equivalent in HND and/or better HNT are burnt forever. This will keep price of HNT high yet rewards paid out to top rank community builders. Takes care of 98% of community not to panic sell because of 2% of top earners withdrawing. 5. We cannot do anything about citizens and non citizens that buy HNT on pancakeswap and trade it to make profit as that’s part of liquidity process. So ignore this unless Hypernation is trading against community which wouldn’t be ethical. 6. Add multiple utility to HNT such that it’s not just a citizenship rewards withdrawal token. This is the best option but time is of essence to prevent further community losing faith in HNT and since whitepaper states HNT will be used it won’t look right that Hypernation allows that token to die off due to sell pressure. 7. Not the best strategy but last option maybe to force all community members to stake % of HNT upon withdrawal. We want citizens to swap HND into HNT so price rises but to prevent price decline due to selling at the point of swapping HND to HNT say 20% of HNT automatically locked into 12months vesting at % APR released 1/12th per month or 1/52th per week. 8. Allow citizens to use HNT to buy hyperstore vouchers thereby citizens buy HNT with HND but burn those HNT tokens once vouchers are delivered to maintain HNT price. It’s vital citizens continue to buy HNT as part of withdrawal process but find use case for HNT without selling HNT so burning it helps keeps the price high. Those who stake HNT (not HND) should get automatic community points to maintain their ranking because they are helping to stabilise HNT price by buying HNT and staking it rather than selling it. Maintaining rank then becomes the value add for risking not withdrawing HNT rewards. Those are my best ideas if not already considered by Hypernation. So HNT burning to reduce supply to increase price. Must burn current withdrawal backlog for HNT to survive and must add $3m liquidity to HYA HNT v USDT pairing. Daily maximum withdrawal limit must be enforced eg $10k per daily per account. This reduce mass sell off. Many blessings, BitcoinOla
2 years ago···
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2 years ago···
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Anon-e-mouse
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As much as I agree with everything BitcoinOla has suggested above, was this platform intended to be built for members that was going to be withdrawing this these amounts at such an early stage of development? How can they even think they're doing their bit towards building a self sustaining community when they're moving huge amounts of cash lilke this? Who really needs this sort of cash on a daily basis? If you ask me, this is the problem which needs addressing. A cap of 10k PER WEEK would be sufficient, surely
2 years ago···
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Steve mariappan
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I suggest that all Citizens of HN automatically have 10% of the daily rewards allocated into HYA to help sustain the performance of our HNT.
But of course the corporate need to go back and reduce Citizens Hyperstore allocation of 20% to 10% to ensure we don't end up with too much allocations that will deprive our withdrawals.
We need to have a win-win mental attitude so as both HN and the Citizens can stay relevant in the ever challenging and changing space we are in.
2 years ago···
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Limit withdrawals but keep incentives to build the community and cap taking the top whack of benefits. The sardines can stay alive with lower penalties while the whales live off their big wallets. If policy is release rate us never lower than 0.35% then we should stick to this and maintain integrity. Great job Carl!
[deleted]
Implementing a weekly or monthly withdrawal limit for all will be great to stabilize hnt price because when the big whales *nodes* withdraw and sell their huge amount of hnt, that's what causes the hnt prize to crash and the whole community suffers.
1. 1 reduce CRR for V7, V6, V5, V4 and V3 to 11%V7, 9%, 7%, 4% and 2,5%V3 respectively 2. Prices for certain campaigns are very high which makes it difficult for small accounts to participate. Extend Campaign period. 3. Look into the possibility of transferring HNT to Hyperstore as HND. 4. The hyperstore should be accessible by all regions by making sure that ships are covered equally across regions before any 20% from rewards can be transferred in. The 20% should be from federal rewards only, otherwise there’s gonna be huge balance of HND in hyperstore as people do t so shopping every week. Alternatively reduce to 10%.
Make us withdraw with something stable once.., The community is still very small compared to how large it can get.., & the price is already tanking & disadvantaging us.., what will happen later.., We totally do not want the hvt situation again. & What is currently happening is stopping us from bringing more people into the platform.., no one wants to sign up for something & then get something far worse.., Even for us the small players.., we are even afraid to put in more money now.
Cap withdrawals to 4000 hnt a month. We still have withdrawals of 10 and 15 thousand and maintain the ability to earn 0.7 % daily. That way people will have more confidence in inviting new members
I think there should be a withdrawal ceiling for VIPs... then A % should go to the Staking Pool to encourage those who believed in us to follow us..... another % to buy services from the company to also favor the company and no one should be displeased
Limit withdrawals to daily or weekly limits. Amazing job Carl 👌🙌👏
Carl my comment couldn’t be uploaded so adding here for inclusion : Re withdrawal liquidity issues potential initiatives to better manage the process for CM to take to Corporate 1. Execute a maximum daily withdrawal limit overall for all citizens or per rank V0 to V7 that’s relative to earning potential. This is critical to prevent mass withdrawals when community members panic to withdraw and sell HNT at the same time force price decline eg $20k max daily withdrawal threshold per account. 2. Execute a mandatory % of swap/withdrawal HNT eg 20% to go into a new certified community account that’s automatcally staked to earn APR% and release at 10% per month vesting period of 12months. 3. Execute a mandatory % of HND swap to be apportioned to HNT and HWT eg HNT 80% and HWT 20%. 4. Execute HNT burn for top rank citizens that are community building that are likely earning vast majority of rewards to get special monthly airdrops in BTC or ETH equivalent of their rewards that it’s equivalent in HND and/or better HNT are burnt forever. This will keep price of HNT high yet rewards paid out to top rank community builders. Takes care of 98% of community not to panic sell because of 2% of top earners withdrawing. 5. We cannot do anything about citizens and non citizens that buy HNT on pancakeswap and trade it to make profit as that’s part of liquidity process. So ignore this unless Hypernation is trading against community which wouldn’t be ethical. 6. Add multiple utility to HNT such that it’s not just a citizenship rewards withdrawal token. This is the best option but time is of essence to prevent further community losing faith in HNT and since whitepaper states HNT will be used it won’t look right that Hypernation allows that token to die off due to sell pressure. 7. Not the best strategy but last option maybe to force all community members to stake % of HNT upon withdrawal. We want citizens to swap HND into HNT so price rises but to prevent price decline due to selling at the point of swapping HND to HNT say 20% of HNT automatically locked into 12months vesting at % APR released 1/12th per month or 1/52th per week. 8. Allow citizens to use HNT to buy hyperstore vouchers thereby citizens buy HNT with HND but burn those HNT tokens once vouchers are delivered to maintain HNT price. It’s vital citizens continue to buy HNT as part of withdrawal process but find use case for HNT without selling HNT so burning it helps keeps the price high. Those who stake HNT (not HND) should get automatic community points to maintain their ranking because they are helping to stabilise HNT price by buying HNT and staking it rather than selling it. Maintaining rank then becomes the value add for risking not withdrawing HNT rewards. Those are my best ideas if not already considered by Hypernation. So HNT burning to reduce supply to increase price. Must burn current withdrawal backlog for HNT to survive and must add $3m liquidity to HYA HNT v USDT pairing. Daily maximum withdrawal limit must be enforced eg $10k per daily per account. This reduce mass sell off. Many blessings, BitcoinOla
[deleted]
As much as I agree with everything BitcoinOla has suggested above, was this platform intended to be built for members that was going to be withdrawing this these amounts at such an early stage of development? How can they even think they're doing their bit towards building a self sustaining community when they're moving huge amounts of cash lilke this? Who really needs this sort of cash on a daily basis? If you ask me, this is the problem which needs addressing. A cap of 10k PER WEEK would be sufficient, surely
I suggest that all Citizens of HN automatically have 10% of the daily rewards allocated into HYA to help sustain the performance of our HNT. But of course the corporate need to go back and reduce Citizens Hyperstore allocation of 20% to 10% to ensure we don't end up with too much allocations that will deprive our withdrawals. We need to have a win-win mental attitude so as both HN and the Citizens can stay relevant in the ever challenging and changing space we are in.
No comments yet. Be the first to write one!
Showing 1 to 10 of 17 results