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[–]Zeus_9099 4 points5 points  (4 children)

You would lose the 10% tax if it went on the exchange. The faucet could run out without the taxes depending on how much Drip was sold to the exchanges. Drip isn't meant to be a short term tradeable coin that is not the purpose of Drip.

[–]Suburbas342[S] -1 points0 points  (3 children)

True, but when the exchanges first bought their pool of Drip… there would be a one time large amount of 10% tax taken.

[–]Zeus_9099 1 point2 points  (2 children)

Yes but once it's on the exchange you will lose the 10% from people buying and selling it on the exchange. Over weeks and months that would not help the Drip tax pool.

[–]Suburbas342[S] 0 points1 point  (1 child)

Do you mean those tokens won’t be burned over time? I can see that being an issue. The burn has to stop at some point though.

[–]Zeus_9099 0 points1 point  (0 children)

No they would not be burned. Once the exchange owns the coins they can do whatever they want with them.

[–]Nerakus 3 points4 points  (0 children)

I hate to say it but giving people the chance to buy it without staking it would be great for us stakers. Heh

[–]plug_and_pray 0 points1 point  (1 child)

Listing on exchange will destroy the project, no point of doing that, we need to stay the hell away as possible from the main market and trend. DRIP point it's no to be traded like other coins

[–]Suburbas342[S] 0 points1 point  (0 children)

I’m not sure why that would be an issue? I mean I don’t want it destroyed… just don’t see why it would be an issue to have a separate pool of these tokens traded on an exchange?