RE: The biggest risk with Hive Engine tribes is the owner

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Good points but I don't 100% agree with the premise "no one is watching". Maybe 80% agree.

I wasn't aware of 5 million BLOG tokens being issued until @faireye posted about it. Presumably since @faireye was more interested in BLOG than I was. In the case of BLOG I think that demonstrates your point but also the need to at least know the owner/team's usernames behind the tribe. @blogtoken issues BLOG tokens but who created @blogtoken?

I think the better known tokens like LEO and your STEM are a little more secure because an owner/team's good reputation is linked to the tribe and token. It could happen but I think it's less likely someone who has been active for a while on the platform and built up a large reputation score would suddenly one day "pump and dump" or play obvious games with the token price. For tokens with more than a four week unstaking there's time to notice an owner unstaking their tribe's token.



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Good points but I don't 100% agree with the premise "no one is watching". Maybe 80% agree.

No one really is, there is so much noise with the author and curation rewards it’s hard to weed through it. You also don’t know what is a disclosed issue (mentioned at tribe launch) and what isn’t without full accounting.

It’s really hard to make sense of it and Hive Engine doesn’t have the best reporting.

Posted Using LeoFinance Beta

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