RE: More Actifit Updates! Actifit.io AFIT Price Market Based Now. Free Tier AFIT Move To Exchanges. More AFIT Rewards On Signup.
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As for letting the market based AFIT prices I see no harm in that, but the other idea is terrible.
I understand that the price increase of 10000% goes without any rise of voting power. You stated you believe this makes more sense in accordance with new AFIT price... But believe me it does not. You make a rise from 20 to 2000, which makes the whole thing uneconomical.
The current value AFIT exchange vote is about 0.45$ while the current AFIT price for 2k is about 0.41$ - I hope you grasp my point.
This change will bring only decrease in AFIT value and see no reason to do that. More AFIT will be directed to exchanges (combined with the new free tier).
Also, now it only makes sense to hold afitx to dump as much AFIT as possible before others...
I feel cheated as a holder of 1 AFITX that already have lost 30% of its value
hey @sk1920, thank you for the feedback!
I had just responded to @reeta0119 below with some further details, feel free to check which could answer some of your points.
To reiterate and responde to some of your points, in terms of AFIT price, not sure how you calculated the 10000%, we actually adjusted the required amount of AFIT x 100, which approximately matches the prior pegged AFIT value vs current market value (0.012$ v/s 0.00018 as of yesterday).
In terms of using the exchange to sell v/s upvote value, the current AFIT exchange volume is somewhat low which could cause slippage while you are selling your AFIT, with upvotes you are actually definitely getting better value for your AFIT.
Keep in mind for AFITX priority holding, the process has not changed when exchanging AFIT, and you are still getting the extra priority upvote treatement as before per every voting cycle, so your AFITX holding is still playing the same positive role as before.
We will contiuously keep an eye on the dynamics in the coming few weeks to see the effects those adjustments have, and take proper decisions accordingly.
And thank you again for your feedback, you are always welcome to provide further feedback/suggestions, you can chat to us on discord as well and we are happy to discuss further thoughts together for the best of actifit and its community.