I'm trying to see if PoG will reduce sell pressure on the exchanges or not?
So, with the upcoming PoG and the donated funds... the monthly superblock had BBP sent to a specific charity address if the proposal passed.
Are the funds donated to the Orphan Foundation via PoG going to Compassion like before?
So, the funds in the foundation will mean the monthly proposal will ask for less BBP because some exist in the Orphan Foundation?
100% of orphan fund donations go to compassion.com; and the exact amount will be logged in our Revenue records also so we can always reconcile.
As far as sell pressure, the original idea did have a problem I think, but the concept changed to have a Tithe Cap. We only accept 50k in donations per day in POG, so the sell pressure should be low (1.5 MM deflating per month) in this phase. In phase 2, it doesnt change much (2.5 MM per month).
But looking at the upside: If we appeal to the masses the idea is there will be more buyers out there.