RE: Power down initiated
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CTPSB is looking good, and I think the powerdown makes sense if its tight on liquidity.
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You are viewing a single comment's thread:
CTPSB is looking good, and I think the powerdown makes sense if its tight on liquidity.
Since every token is backed by hive power, it's the best way to adapt to market conditions. We decrease the number of tokens in circulation and the hive power on the account, to keep the token value unchanged.