As mentioned in the previous post, from now on I shall post after doing the bulk of the buybacks, usually on a Tuesday. This also saves me from forgetting to post!
Let me also take this opportunity to make the posts briefer. Anybody interested in the long-form can be directed back to here.
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.
Power-downs and buybacks now usually take place on a Tuesday. Some extra buybacks may take place due to third-party token sales.
Note that circulating M tokens have fallen further to under 1,400; this includes those still being held and those for sale on the market. Just to add that this winding down process started with about 18,000 M tokens active, so we're down to the last 10% or so.
No further new delegations shall be accepted - this includes increasing current delegations.
Thanks to all delegators for your support. If there are monies at the end of the winding down process, they shall go to MAPR, which is where the value originated.
In the spirit of the paying attention economy, I shall tag users who haven't acted only once everybody else has.
Last week, I tagged the top 10 M token holders. Only one of those users has acted! It really isn't up to me to forcibly buyback those tokens; it is up to each individual user to sellback into the market.
There will come a time when I set a hard shut-down - I cannot afford to keep money hanging around in the possibility that a user wakes up in a year.
So let me do the next batch of 11 users, in order of highest M token-holders, as this takes us down to exactly 10 M tokens:
@englishtchrivy
@blue.rabbit
@blueeyes8960
@hasenmann
@samirich
@wandrnrose7
@kerlund74
@jznsamuel
@china.mobile
@kizumo
@dechuck
I shall not be repeating this list; next week I shall list the delegators, who are often the same users.
The Numbers
Distribution to delegators = closed
Buyback price = 0.960 HIVE (+0.000)
M tokens in circulation = 1,350 (-600)
New delegations now closed.
You can check older metrics at this last distro post.
The story of M:
Have a fine week!
Any questions, please ask in the comments below or in our public chatroom.
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