Great shout
With sponsoring gas. LOOT will run out of USDL much sooner.
You could actually change it so it’s 0.01 using the lootupapp and 0.10 everywhere else
There could also be a cashback option or a temporary boosted APY/rewards 🤷♂️
how would it bite loot in the ass? its an efffort to keep $1 peg, which is the proposed value in whitepaper no?
Transaction costs for end users or extra costs when sponsored by foundation
Usdl is only gas for LOOT and other dApps.
What if community "sponsored" the sponsoring wallet and donated some loot? with the casino and games, we should quickly peg $1, unless whales are dumping usdl. This proposal should align with whales to hodl a bit longer and sell smaller traunches receiving $1 vs turbo dumping for an average of .25 🤷🏽♂️. regardless, the algo seems amazing and automatic to support the price. And .10 isn't actually a huge gas fee for a transaction, assuming you are not buying a piece of candy. If so you probably have the option to use Fiat for those little transactions. initially majority of the users will be sitting on free (earned) usdl so does it really make a financial difference to you If you are buying pot, .10 probably won't bother you much and cannabis industry is our first attraction.
The fact that most Investors got 3000 freebees and will get additional 2500 will Seattle theyr transaction for quite while even at .10
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