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These changes are transcendently moronic. They do not address any of the existing problems with dividends and in fact create a new set of issues revolving around shitcoins being forced into being high-competition coins, at least until they get overbought and forced back into being shitcoins by sheer volume, except now they're ALSO overinflated. The dynamic of "I'll buy 5x of my Oshi to make her unappealing to divviecoiners" is an interesting one, but it's not worth the trade-off and frankly only people with huge % of share in their oshi AND a high amount of accessible liquid can even think to pull a stunt like that. I own 10% of Choco. Right now, somebody has to financially ruin themselves to catch up to me. Under the new system, if yfp decides he wants to cut in on my dividends, he's getting them, and what's worse is that under the new organization of divvies he'll WANT them.
So you've edged out oshicoiners. Cool. Fuck those guys. They pissed on the market. But what happens after all the shitcoins (which are now good) are oversaturated in volume? Well, according to the new system, they go down in dividend %. And the high-performers become the better dividend coins again. And those are oversaturated and the cycle repeats in an infinite spiral until we're getting $10 per Pekora share, thus killing dividends. Which may be the point: to gradually kill dividends.
That other anon was right. This new system literally makes timelooping a mechanic.
