RE: Sloth.Buzz AMA! Ask us anything and find out more about Sloth.Buzz!
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Excellent question!
A lot of projects launch into bull markets, lots of hype, and high inflation. We decided to launch in the middle of a bear market, we have a very low inflation, currently only 6.9 tokens per day. Tokens are only minted and earnt via the proof of brain concept of author and curator rewards.
Our goal was always to be sustainable long term. We currently have a 'buyback' wall sitting at 1.08 Hive per slothbuzz which we'll continue to add to and increase as we can. I believe the current user buy price on the market is around 1.5 Hive per token.
We have long-term plans to introduce more use case for the token, with our web3 radio station and development of the sloth.buzz site. We aim to offer advertising and other products utilising our token as a method of payment. Along with DAO features which would encourage more users to continue staking therefore not 'flooding' the market.
We also have an account which burns tokens weekly @slothburn. Combining all these methods we should be able to manage a nice long-term momentum.
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