PANDA & PANDAMINER: The sustainability and Longevity

Greetings!

PANDA and PANDAMINER : Sustainability and Longevity

Back in 2021, I was involved in a small-scale crypto-building project. During the process of putting things together, one of the first aspects we thoroughly analyzed was the durability and sustainability of the project. Anytime these factors are absent from a project that initially appears genuine, there’s often no authenticity from the start—just like we've seen with some scam projects that lasted for merely a month.

Before writing my first entry to the Panda-week prompt, I took my time to read everything attached to the project. I love the strategies, both those already implemented and those yet to be put into action on the platform. When I saw the part mentioning the project lasting for the next 20 years, I nodded my head with a smile because that's a sign of the Hive Blockchain potentially lasting forever too.

PANDA and PANDAminer Sustainability

Based on what was stated in the launch announcement and the features currently in operation, I think the project is going to be a blast if all the terms are adhered to as stated.

Using the Panda as an example, it has a total supply of 960,000, distributed with 900 per week to investors who delegate HP to the account, depending on the HP delegated. Even with this small quantity being released every week, there are already measures in place to buy them back and burn them, ensuring that not too much remains in circulation.

I know you might say, "But that's what's applicable in all projects out there." While that may be true, this particular project, according to the announcement, has many ways to make this possible. Some of them are as follows:

• 10% of the curation reward is allocated for buyback and burns. This is fixed, and as long as it's not touched or reduced in the future, it's going to go a long way in stabilizing and sustaining the system.

• There will also be investments in good projects on the Blockchain, such as HBD savings, which initially offered a 20% return but has now been adjusted to 15%. I'm a beneficiary of this, and I know how it provides a very easy income without stress. The interest earned from this will always be used to stabilize the system, such as matching up with dividends.

• Not only the first 10%, but 50% of such earnings will also be reinvested in renowned projects like the one mentioned above, which in the long run will help boost the dividends.

• And there are other ways as well.

The truth is, if all these laid-down approaches are fully followed, the project is going to thrive. The only thing we need right now is to hope that the management adheres to the principles and does not let greed creep in. Yes, that's the absolute truth.

Thanks for reading.

This is my second entry to the Panda-week contest. You too can join the contest

Photo was taken from the official website( https://panda-x.io/)

Check out the launching announcement here