What does it mean to eliminate the Scam token? How will this work? O_O Very interesting
Thank you for having interest!
-------Quote WP
For endorsements, RAIZER token holders have recommendation rights for each
RAIZER token held.
For example, a user holding one million RAIZER tokens can endorse currency A
one million times. As long as the total number of endorsements is one million or
less, other configurations such as 500,000 for A and 500,000 for B are also
possible.
All currencies maintaining five million or more endorsements from token
holders can be exchanged for BTC through Raizer.cc.
If token holders remove their endorsements or sell their RAIZER tokens and this
causes the number of endorsements for a currency to drop below five million,
the applicable currency will be automatically removed from the listings on
Raizer.cc. For this reason, currencies must be recognized as valuable to remain
listed on Raizer.cc. Alternatively, individual users need to maintain holdings of
five million RAIZER tokens to ensure the currency they want remains listed.
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In other words, RAIZER holder endorse Scam will lower the value of Raizer.cc, that is, we will cut our own profit. Based on this idea.
However, even if the Scam project holds 5 million RAIZER and lists it, 5 million RAIZER from the market will be locked as long as Scam maintains listing, so the floating RAIZER will decrease and the market sell order will decrease permanently.