Yes. What shareholders and investors care about is NuBit demand that brings revenue. NuBits’ liquidity model enables shareholders to avoid dilution with Park Rates, which simultaneously guarantees those NuBits won’t pressure the peg for the duration and attracts sales of NuBits that bring in liquidity.
Park Rates (Tier 5) offer a reward proportional to the need for liquidity. Park Rates are attractive to people. They just need to know about them and be informed about the function and its inherent risks. Nobody dares advertise Park Rates because the ignorant would stamp them as fraudulent. It can certainly be done, and will be, but I can’t do and just know everything at once.
NuShare Sales & Buybacks (Tier 6) is the mechanism that makes it possible to fully back NuBits even when the decentralized backing assets depreciate (lose value). Tier 6 creates an economically defensible incentive to invest in Nu to provide backing liquidity for NuBits. It’s frequently criticized because shareholders profit from the funds NuBit buyers bring into the system. Customers are buying a product that is designed to be stable, and the way it can be stable in an entirely decentralized way is with incentives for the sustenance of the system. Customers, shareholders, and investors are all part of that synergy.
Value is belief in utility. We’re crafting and configuring an autonomous money formula to function in the conditions of a global economy as an economic system that conceivably can replace traditional currencies for many uses.
Lots of money was invested the previous (and first) time we had to sell NuShares for liquidity. More money than the possible net gain from the first buybacks. Those investors could later profit greatly from buybacks. That’s part of how the system can function, and has (albeit with an uncomfortable lag in Tier 6), but the vision is to grow NuBits into an ecosystem which sustains on the value provided by its utility. It’s up to shareholders to maintain vision and management that gives them what they want.
Imagine the utility of NuBits. Stable currency that interfaces with any other internet technology while independent of government systems. Not everyone believes the stability can be achieved without conventional reserves. We do.
