Personally I’d like my snt to be able to appreciate in value if the market deems it worthy.
This would discourage holding, and I see no real benefit to it.
If we do end up releasing all snt at launch, are all of us long time supporters supposed to cash out so we don’t get this tax your proposing?
It would be a bloodbath with everyone trying to sell and not enough buyers.
the SNT will be just as easy to buy, the only difference is that the price, with the model that you propose, will remain indefinitely low since it will discourage keeping them
but what problem do you see in a high price for SNT? it is the same to pay 1$ to SNT=1$ to upload a file, to pay 1$ to SNT=1000$ to upload a file
you always pay the same in dollars
maybe farming rewards? and if the price of SNT is low then big players do not have a incentive to farm with large server farms where the average joe would farm so he can upload for free his files.
So you want to tax those who’ve put value in to buy snt, by taxing them to give extra rewards.
If I thought it would help the network be better I’d think about it, but I don’t see that, I just see something that will hold ppl back from speculating on snt.
Edit.
Also
Your proposing giving more snt for farming, surely that will encourage farming not stifle it.
I don’t see logic in what you say, I don’t understand what benefits a low price of SNT, you can buy 1 SNT for 1 dollar and in the future it could be that you buy 0.01 SNT for 1 dollar…. How would this harm the network?
A higher snt price will encourage ppl ( big or small ) to add resources.
If we design it to purposely stay low, who will bother, ppl will just farm other more profitable things.
We would imo end up a tiny niche network, and not get the traction I am hoping we will.
guys, low $ per put isnt a good incetive for people to upload data? = more data = less space available + more rewards cause of the tax = more people would want to be a node = big server farms have less incentive to hodl snt = people farm as much as they need to upload data
the price for uploading files will be based on the lack or excess of resources, the price of SNT by the markets according to supply and demand, if the price in dollars goes up instead of paying 1 SNT for uploading data you would pay 0.1 SNT (for example)