vote on?
Check the article posted above, the buyback times are marked in a graph there
Doesn't that graph show when the tokens were bought back to fill the burn pool, I thought the vote was to choose to burn up to 100% of the pot or not
Yes, the graph shows the "protect" buys and now it's time to choose as per "protect and choose"
Yes, so why can we only choose to burn 25% of the pot
Why they didn't remove from the buy back amount when they bought it? To make everyone to believe they have a much larger amount to buy back?
Thanks. Protect only works in bull trends, is that correct?
It's over half of the pot in USD and it seems they want to save some for the current market. Wouldn't make sense to waste a million in a single candle
I have no idea^^
I would personally say it works more in the long term than in any short term since the aim of the burn at least is to reduce supply
Not very transparent though, should have stated that, unless I missed that article
This has been my understanding as well.
Well we should have known really
Really bad from my point of view or they show accurate stats or don't show it at all, is the 35.000 premium users are real or just another miss information?
what "miss information" are you referring to? I don't think Swissborg mgmt. is misinforming, or has bad intentions whatsoever, it is just that the process is not fully clear to me.
It was showing over $4mi to buy back when in reality it was much less than that, and this is a misinformation
I would also like clarification on the process and disclosed figures. Can anybody here explain?
Shoot your questions
Why 5.8m chsb and not 100% of the burn pool
CHSB to be burned showed $+4m until recently, now $1.66m -> what happened to these USDC?
Because the remaining 1.5M $ will be added to yield, to accumulate money for the next quarter burn.
It's not sensitive information at all really, I'm with the Business Development team over at Bubblemaps and we would like to collaborate :)
Can you send the link to the article that details all of this
From my understanding there’s 1.5M $ left, that will be put to yield in USDC.
support@swissborg.com Shoot them a message and they will help you further.
https://swissborg.com/blog/first-protect-choose-vote
Oh no, it's an e-mail address... I would much rather a live discussion if possible?
Yesterday's one 😂😂
Correct, not good? 😊
My understanding was also that it was $4mi to buy back and wasn't, the stats on the swissborg are not accurate and cannot be trusted
I understand, but that's the way to go. Admins here are just community members. If you sent an email to support, they will get you in contact with the right person.
Understood, thanks
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