$KOG Token Update: Functionality and APR

Hello, again, Knights of Glory!

I wanted to drop a quick post to let everyone know I talked to Bala, he said a daily drip is totally possible, so, if I understand correctly, 1% of KoG account holdings will be distributed across staked accounts each day, for an APR of 365%.

On that note, I've been thinking about how to manage liquid funds.

I'm of the mind that the KoG account should only sell tokens to fund specific projects, and allow guild members to sell personal holdings, at whatever price they want, in-between fundraisers. Having said that, the sooner we get HBD savings rolling out a few hundred dollars a month, the sooner we can start offering serious prizes, so I'd like one of the next fundraisers to be oriented toward stacking HBD, and will be promoting that.

Speaking of prizes... I've been thinking of running a lotto, similar to the Reward Card Giveaway @gregory-f runs on his blog, but just a one-off with Chaos Legion packs. I'm also thinking of making it necessary to spend $KOG to enter in order to drive sales of the remaining tokens from the initial fundraiser, and create a use case to give members second thoughts about selling their membership earnings on the market. I'm interested in learning everyone's thoughts on it.

Touching on Membership Distributions, I staked another 10k $KOG to all guild leader accounts and sent 10k liquid, as well, to be distributed among members. Once we see how dividends work and how it impacts the main account holdings we can re-evaluate distributions and settle on something more steady.

That's all I can think to share at the moment. If I left anything out, or if anyone has questions, hit me up in the comments.