MAP FinTech - M Token Report - 22 May 2022

@accelerator · 2022-05-22 10:11 · crypto

These posts will now be very brief. I shall also stop posting on LeoFinance as these further posts are just reminders to sleeping members. Posts may appear repetitive but they are not identical, as there are updates to the numbers; and if those numbers should stay the same, it just means no member activity has taken place since the last post.

Anybody interested in the long-form can be directed back to here.

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M News

The last token distribution was on 1 November 2021. It is now time for members to sell their tokens and undelegate. Thanks for your support and trust, and I hope everyone has made a decent profit.

November is now a long time ago, and with so few tokens still out in the wild, I'm now going to set a "hard close". I think I have been more than patient, and have to assume the remaining members no longer use Hive or Hive-Engine.

The hard close just means I shall stop posting about M, and will leave a small amount of HIVE within Hive-Engine as the price will drift down towards 0.50 SWAP.HIVE. The remaining monies shall be sent to MAPR, if and when needed. At some point, I shall close the M market.

The hard close shall be on 1st June 2022.

No further new delegations shall be accepted - this includes increasing current delegations.

Thanks to all delegators for your support.

I have sent comments to all delegators that still appear to be posting. I really can't do any more.

The Numbers

Distribution to delegators = closed

Buyback price = 0.850 HIVE (-0.010) (scheduled weekly buyback price drop)

M tokens in circulation = 610 (-10)

New delegations now closed.

You can check older metrics at this last distro post.

The story of M:

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Have a fine week!

Any questions, please ask in the comments below or in our public chatroom.


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