RE: Pre sale Going Well and Quick Update
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I read the basic overview. But I am still not sure I quite understand this haha xD
Seems fun though!
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You are viewing a single comment's thread:
I read the basic overview. But I am still not sure I quite understand this haha xD
Seems fun though!
lol. At least it seems fun. Do you have a specific question? TLDR the hodlers make decisions that will (hopefully) increase the buyback price over time (decreasing the "debt") The "debt' in this context is tokens in circulation vs HIVE assets to back the tokens/buy them back. The more earnings this account makes, the less debt it holds and the higher the buyback price will be(burns also reduce debt ). That's basically how it works. I hope that helped clarify.