hold Band as an oracle provider? Is there a slashing mechanism? Is it collateral? Or just payment for services
Any plans for the roadmap for 2023, and when the community should expect it?
I need to check this with the team and then update you.
Since the team is running 5 staking node holding total nearly 50,000,000 token voting power with 100% commission earned for themselves, the team can burn the token they are holding or receiving from staking reward to help deflate the amount of taken and value increase.
Seems unlikely a community can use their token supply to vote for a burn, or anything for that matter
Those are the foundation nodes which is there to help secure a bootstrap the network. I believe Band Jedi has explained to you pretty clearly on this topic. So i'd suggest giving a glance on his response in the traders channel.
Nevertheless how is a community supposed to have a say in proposals if they can't outvote the large nodes held by team?
do these foundation node receiving the stake rewards too same as other node?
I doubt they are gonna redesign the model to suit you man. Best way to go about this is to always DYOR before buying into any project. They've been pretty transparent I'd have to say. To be sincere, I don't think this guys really care about tokenism that much. I think they could've done without it and still be good. The project is solid. But, clearly, tokenism is what drives the Crypto world atm. Still yet to find the perfect one.
not suit me, but to suit the community's expectation. You see there are getting more people concerning about the situation.
Yes, they do but it's not being released into the open market as you're trying to state.
I understand where you're coming from. But the point is - they've been consistent in the way they run the project. Investors that are worried are actually the ones that discovered what they were in halfway. Realistically, I don't think there will ever be a perfect token model, given the expectation of investors. Tokenism is still a big issue in the industry. I don't think people would be going lambo with the perfect model - something/someone has to make up for the volatility and the rest. Still a long way to go.
at some point they need to sell those large accumulated amount token for fiat
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