Q: If Energyweb plans to reward staking participants without inflating

Question

Q: If Energyweb plans to reward staking participants without inflating

the token supply, and are likely launching a stablecoin on EWC, is it reasonable to suspect that the staking rewards will come in the form of stablecoins?

#cryptocurrency #energyweb #english

0

11.02.2022

11 ответов

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Castor Troy Автор вопроса

That's what I'm trying to understand better. How would stakers fit into the value chain and reap some of the revenues? Are they going to mail stakers a cheque? lol. Hence my suspicion that the stablecoin will eventually be the reward

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11.02.2022

Castor Troy Автор вопроса

Agent_(Cor)K
Any fiat payment from subscription revenues of the...

I guess it would just inflate the market cap and thus make each ewt more valuable instead then? So rewards in ewt would continue to decline but in terms of fiat equivalency would remain proportional to what you would expect?

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11.02.2022

xentience

Castor Troy
That's what I'm trying to understand better. How ...

It’s a good point… perhaps if staking rewards are coming from ‘real world revenues,’ either those rewards will be dealt in stable coin, or otherwise EWT would have to be purchased on market with those revenues - which is an extra step. This is assuming that the community fund wouldn’t be perpetually drained (which would be in play for things like Engie, but not for forever on all projects), and also assuming providers wouldn’t be paying out from their locked stash of EWT, unless they otherwise bought more themselves with revenues, which again, seems redundant. My bet it is regular dsla projects (not including Engie) would be paid in stable coin. If people want to buy EWT on market with that stable coin earned, this would be a transaction happening by the patron themselves (perhaps there would be some way to make this just a little easier to purchase and re-stake, maybe Alliance could be a great basis to help facilitate this). I don’t know though - this is all speculation and just thinking about it.

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11.02.2022

xentience

xentience
It’s a good point… perhaps if staking rewards are ...

Also though, if the projects are earning revenue *in* EWT, that’s a totally different situation. For example if there is an e-mobility projects where a user is charging an electric vehicle and paying for services in EWT, then EWT is the currency and that revenue travels back through the system. So I guess it really depends how the projects are structured.

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11.02.2022

Castor Troy Автор вопроса

xentience
It’s a good point… perhaps if staking rewards are ...

Given all this speculation, I think this is the question to ask for the next upcoming AMA: How will stakers continue to be rewarded without inflation of the token supply? Will it involve rewards in an EWT stablecoin, or will it depend on a continual expansion of the system's total value? 🙏✍️✊

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11.02.2022

xentience

Castor Troy
Given all this speculation, I think this is the qu...

When you put it in those terms, you’d imagine there might be a concerted effort for the latter. This means there has to be a buy-back or buy-in at some point in the value chain within any given project.

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11.02.2022

Ayr

Castor Troy
Given all this speculation, I think this is the qu...

Have u read the lightpaper that was released last december?, Goes in details exactly about this, how do rewards get drawn into staking pools etc

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11.02.2022

xentience

Ayr
Have u read the lightpaper that was released last ...

It’s an awesome paper… Glancing through, it refers to ‘network rewards’ but never provides a specific denomination of those rewards. Therefore it may or may not be distributed in EWT. I don’t believe it ever specifies! 💜

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12.02.2022

Heffa

xentience
It’s an awesome paper… Glancing through, it refers...

The whole space is very early. Ewf has tokens they can use to help support things get of the ground. So how revenue is generated and distributed may change when adoption takes place. At times there may be incentives to help. Just need to observe as it evolves.

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12.02.2022

xentience

Heffa
The whole space is very early. Ewf has tokens the...

Right. You know…. It’s a community though… if you say something… it’s heard as this is being co-created as we speak

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12.02.2022

Agent_(Cor)K · Accepted Answer

Agent_(Cor)K

Any fiat payment from subscription revenues of the dSLA could be converted to EWT

0

11.02.2022

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Q: If Energyweb plans to reward staking participants without inflating

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