Price of SHND will definitely rise if the developers are serious to burn the SHND. We may determine the burning amount by total number of SHMN x 50 million SHND and subtract this from the circulating supply to determine the current circulating supply of SHND coin at that time.

It is nice to see these more older type coins regain popularity and is a change from just seeing a plethora of erc20 tokens take over Bitcointalk. These types of coins remind me of the early days and sometimes I wish we were back to those days where things were much simpler for newbies. I do hope the project is a good long term one that will put smiles on many people's faces. Can you tell me if there is a utility for this token or is it primarily a token for miners?

let's vote for SHND at CryptalDash Exchange

https://www.cryptaldash.com/new-coin-listing/stronghands

To clarify our Team position in regards to the current swap and burn.

The swap ratio will remain constant for the entire duration of swap.
We will not be increasing or decreasing that value under any circumstances.

Swapping is purely optional, it is up to all SHND holders whether they wish to own SHND or SHMN or both.
There will be no forced swap under any circumstances.

All SHND swapped will be destroyed/burnt.
If you choose to swap, then your SHND will be destroyed and you will not be able to swap back.

At the end of the swap period all remaining SHMN will also be burnt or destroyed.

SHND will be considered after the swap as to whether any new changes to rewards will be integrated.
This will be based on remaining supply against current rewards.


there is no plan for any further burn after this period.
any talk of a further burn is not official


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The swap ratio is 5.000.000 SHND to 1 SHMN

An amount of SHMN has been earmarked for distribution to team-members for services during development and swap.
So far a total of 5750 SHMN have been distirubted to myself, bitcoinbabys, linenoise, repo, nashclay BrazilianRiderVDR and Fedda the BootStrap man.
This may increase before swap end but we are highly concerned to maintain SHMN value without flooding the market by paying the development team.

in regards to SHND being destroyed, we are using a feature of the code base where all coins sent as fees are destroyed and the coin supply is immediately reduced.
we will be exploring options for SHMN as to whether this process is feasible, if it is not possible, we will generate a burn address and send all funds there.

Well to answer the first question what he is saying is that he is deciding if we should burn the extra SHMN via the process that we burned SHND. If that option is not feasible then we will generate a burn address for SHMN.

For the second question he means this: We premined around 4 million to have enough for swap. So once swap is closed all remaining premined SHMN coins will be burned. We have already started burning SHND coins. So far we have burned 1.6 trillion. I hope this helps clarify the announcement for you

yeah, It became clearer
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 what about the block reward of SHMN?

I don't know why the SHND price is dumping day by day while the swap is optional. I bought a few weeks ago and now the price is half to that?

I want to ask that if I should HODL or not?

The price will continue dumping, until whales holding trillions of coins decides to swap. if they do not , when swap is done the team should dump/delist shnd . i have swap almost all my coins already