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RE: LFNCOIN for LFN Community Upvotes!
I have followed you since I heard you two or three weeks ago on the Beyond Bitcoin show.
Good to see things moving along! I have some ideas for niche, one probably has a larger audience than the other, but both are very important to me!!
So...wow, on a 1 LFN transfer, cost 0.22 Bitshares. Seems like a huge charge. If you transfer 100LFN tokens is it: 22 bitshares fee or does it stay small?
Sorry, that just struck me.
So anyway, take care and I look forward to hearing how rhis progresses...maybe I'll even join in soon.
Peace!
Thanks for following the project!
You are right that the BTS fee is large compared to the token currently. I will be constantly powering up for a while, and will be changing vote percentages as my SP grows, so soon enough that won't be an issue in my opinion. If you win some LFNCOIN in a contest, I suppose you can sell of some to cover the fees, and then use some too. That way you don't need to give up a bit of another currency, to use LFNCOIN.
The transaction fee stays low, I believe it even stays the more or less the same, no matter the amount of tokens you send in one transaction.
If you want to join Looking For Niche, all you have to do is join our Discord server :D
Thanks for your interest, and good point!
no, it stays small - it's not a "per coin" thing, it's "per transaction"
Thanks!!
Hi @em3, @eirik came up with the idea of being able to put multiple links in one transaction memo. For example: 3 LFNCOIN in one transaction and 3 links in a memo, will currently get you 3 - 100 % upvotes. This will only be a temporary option until my user have more Steem Power. I wrote a bit more about it here:
https://steemit.com/lfncoin/@rawbinhutt/lfncoin-upvote-first-steemian-eirik-have-tried-the-feature-new-multiple-lfncoin-multiple-links-per-memo-temporary-option