But a word of warning, it is relatively expensive as the supply is very, very limited.
One small Correction, actually the token supply in unlimited. Only problem is, it's inflation is too low and each new mint requires it to be backed by hive. Each passing day, backing hive per pakx should theoretically increase.
Thanks for the correction! Having a low inflation rate is a great way to guarantee value in the long run, I've seen hyperinflation kill too many projects over the years here on Hive.
The thing is, these aren’t crypto’s with people running a decentralized chain. Tribes with type by one person can change these features so really doesn’t mean anything long term. Obviously incentive for owner is for it to go well , but it’s just one persons rules and long term we know where that ends up.
!PIZZA !ALIVE
Each passing day, backing hive per pakx should theoretically increase.
I thought about emphasizing more on this point....
Meaning let's say
On day one
1000 pakx are backed by 2000 hp
One random day in future
5000 pakx are backed by 10800 hp instead of just 10000.
This difference is because of daily using 50% of dividends to reinvest. It makes sure that future dividends r higher and backing funds increase over time per pakx.