In response to the need of PPC reserve multi-signer diversification, I also like to make myself available to join Peercoin FLOT.
I’m Cybnate (@cybnate), a Peercoin holder since late 2013 and a NuShareholder right from the start. I’m also a long time community member in both Peercoin and Nu communities. I’m contributing to this forum almost every day and actively participating as a datafeed provider, ALP operator, running nodes for Peercoin and Nu and supporting the NuDroid infrastructure. Besides that it comes natural to me to be heavily invested in NuShares and BlockShares, which I am while still maintaining a modest stake in Peercoin.
The following is the official motion in which I, Cybnate propose my services as a paid member of the Peercoin FLOT group. I thought it would be advantageous for voting and comparison purposes to stay close to the competing motion from @cryptocoiner] [Passed] Motion to join Peercoin FLOT - crypto_coiner. I changed the fee from 190 NBT to 200 NBT and provided the ability to withhold compensation when signing didn’t occur within 48 hours both bolded in the motion below to emphasized the differences between both motions.
Thanks for providing the template.
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With this motion Cybnate will be one of the members of the PPC First Liquidity Operations Team (FLOT). In that role Cybnate will coordinate with other members of PPC FLOT, and members of FSRT if necessary, to defend the peg. Cybnate promises to be a part of PPC FLOT for at least one year and to abide by all shareholder motions governing the use of funds. Cybnate will be able to respond to any request for signing within 48 hours of its proposal; shareholders must be promptly informed of exceptions in which case compensation may be withheld.
Compensation for Cybnate will occur in 90-day cycles, for a total of 4 cycles. By the end of each cycle, a total of amount of 200 NBT shall be paid to Cybnate, conditional on satisfactory performance, which shall be measured in terms of their presence, effort and contribution. Cybnate reserves the right to withdraw from their service if they do not receive the full amount of compensation by the end of any cycle or by their discretion.
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Edit: 4-Mar-16
Proposal hashed on Daology: https://daology.org/proposals/338068ac58c3424815968cfa457862a5adfae0b3
Motion hash: a21a63a806cbd0d640f692911c503818c1579b94
Please add the hash to your client or subscribe to my datafeed.
Looking forward to your feedback.