You may notice that I've been selling my stack of CST on SmartBCH for…

@CryptoSorted 15 November 2022 more from that month

You may notice that I've been selling my stack of CST on SmartBCH for the past weeks... this is a normal operation that's NECESSARY for our progress as a project. There's zero cause for alarm.

+KT
+BCH

5 comments

@BitcoinBaby 15 November 2022

Your Funds Are Safu😁
- @CryptoSorted 15 November 2022
  
  my funds are SAFU, yh. 🌝
@TheEmpressOnNoiseApp 15 November 2022

Yeah I had noticed, shrugged and knew you needed to do things for the project to move and expand to BSC. Still need to pick up more CST now that it's cheaper; but have a whole list of things I need to get first that are due in the next few days.... 🤩 Edit: Have you considered perhaps making the CST swaps to BSC guided by some ratio of tokens rather than by price so these swings don't affect investors so badly once you move to BSC since the price has been dropping due to the selling?
- @CryptoSorted 15 November 2022
  
  Yes. Will look into that. The price consideration was still an idea. Haven't decided on a concrete swap formular yet.
  - @TheEmpressOnNoiseApp 15 November 2022
    
    Normally I would have agreed with an X amount of tokens according to price but if you're selling significant amounts in order to fund the project then x amount of tokens for Y amount on the new chain feels like it would be more fair in the long run especially given the huge difference in the two token supplies. (23674 on SmartBCH versus I believe you said it was 10 Million on the new chain) Had to do the same thing in the opposite direction for Konra when I moved from SLP to SMARTBCH. Having a set amount also avoids people waiting to swap for price swings....otherwise you may have most people waiting until the price goes up on SmartBCH till they switch over....