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cryptomancer

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About cryptomancer

  1. This calculation seems in error to me. If 1 VSS costs $100 and is equivalent to 100 VIP, then we're basically paying $1 per VIP for a 10x discount (since 1 VIP = 1 VIVA = $10 peg). This means that even with this discount, you would need to purchase 8760 VSS = $876,000 in order to start a mint if you didn't already have some VIP saved up. I would love to operate my own mint, and I have a considerable stash of VIP, but nowhere near 876,000. I'd be willing to pay a good amount to bridge the remaining gap. But as it stands, the VSS discounting is unfortunately not attractive enough to convince me to buy any.
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