on a project like reef or is that something totally out of consideration?
A reflection mechanism in a gas token makes 0 sense imho
I just think it could be beneficial to long term holders and reduces panic selling to a bare minimum, which potentially could be significant to Reef. I forgot to ask about it during the last AMA.I think you should consider and discuss it eternally if makes sense in future.
Feels very memecoin-esque
I'm sure they have already considered this and it makes no sense. I would never use a gas token where every time i do a transaction I lose a percentage of it plus fees
In addition to what Papa said: People should spend their Reef and use it as a transaction medium on ReefChain if they are not spending it they should stake it. And staking has already the reward incentive.
Well Bene, I'm saying all these because I wish to see such mechanism benefiting long term holders.🙈
At the expense of active holders. Not a very fair nor balanced way tbh
I understand. It was just a suggestion though. 🥰
Please check on your side if you are able to change Reef console reward address to a Binance or any other Reef20 dex address. On my side it says success but doesn't add external addresses other than the stash address.
Binance is not accepting automated smart contract transactions. Your rewards won’t be arrive at a Binance wallet automatically.
Just that I hate transferring the rewards to dex manually.I hope the team implement an automatic transaction feature in the near future Bene
Binance is not accepting it. It has nothing to do with Reef. I have tested myself. Rewards are gone.
It's OK Bene.Manual transfer will do for now.
You don’t put your rewards automatically in staking ?
I transfer to my external Reef20 address manually. There's an option for compound staking & stash address.Other addresses won't be successful
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