Hello! It's been a while, I know. But things are still alive and well here in crypto land. IceBreak-R has been growing organically ever since its inception over a year ago, allowing its user to post crypto related content for #BRK token rewards on our platform.
I've decided to take a sort of hands-off approach for most of this time, simply to observe the user behavior and rewards distribution over time. Since the beginning our project has been rewarding approximately 2,700 BRK tokens per day to users posting, commenting and using our platform ICEBRK.io (or the #BRK hashtags).
Much has changed over the last several years in the crypto space. Its been a constant rollercoaster of emotions and finances as we all have experience I'm sure. We must keep up with the times and roll with the new era of blockchain, so a series of changes will be implemented to further guide our success for years to come.
Let's first dive into our core token distribution which has recently changed to accommodate the supply and demand curve:
- Daily emissions have been slashed by 95% to 136.8 BRK per day to curators and content creators
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Proof Of Brain rewards are active, Proof Of Stake reward is not activated yet
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Further adjustments will be made in the future as we approach the price discovery model and increase the utility for #BRK
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These changes will affect the token dilution on IceBreak rewards as we move forward into 2025 and beyond
Furthermore, we have implemented a new token buyback program to absorb the excess supply that has been circulated since launch- spearheaded by @vipservice and @icebreak-r accounts directly.
Liquidity has been added throughout the year but we will be much more aggressive with our approach as the project begins to churn revenue outside the platform from DeFi yield farming activities. We look forward to lots of more exciting and informative crypto content from our users in the coming years ahead!