What is the long-term trend for the supply of FWB tokens - will it remain constant, increase or decrease over time?

Raihan: Actually, I'll add some more color to this. I mentioned liquidity pools, underlying assets, etc. We were using a third-party provider for this service initially, and they got hacked. We lost almost $1.5 million of liquidity. Anyone who's providing liquidity as a service got slammed super hard, which sucked. Based on that, we created a membership. Our initial token supply was 10 million tokens, and we actually cut that down to one million.

A million tokens were minted, and it will always remain at a million tokens. There is some inflationary attribute there where our seasonal gate at some point may shift from being increments of 1, 5, or 10 FWB to increments of .05 or .01 FWB. We might even retool our SourceCred system in such a manner that existing contributors are able to get in easily because it's automated, and people who join later will have to have something like a stronger proof of work or concept.

Colby: This is actually one of the coolest things. This happened right after I joined. In establishing this initial pool of FWB, there was a service called Roll that was used. It turned out there was an exploit, and a bunch of social tokens got hacked one night. Tens of millions of dollars worth of tokens were liquidated on the open markets, which drove the value of FWB down from -- I want to say it was $50 or $60 per token, something in that range -- down to fractions of a penny.

At that point the team was 100% on, everyone was trying to figure out what was going on and preserve what value they could. They realized, "Hey, this is a lost cause. What we can do is mint a new token.” Now, this has pluses and minuses. They put it to a community vote and let the community decide what would happen. The community decided, "Yeah, let's mint a new token." They established a bunch of new liquidity providers. I don't actually know how many folks from the initial liquidity pool there were, but people were putting up hundreds of thousands of dollars for initial funding in order to get this new FWB Pro token off the ground. (When we say FWB tokens, we mean FWB Pro now.) They took a snapshot of how much FWB everyone owned at a certain time pre-hack, so you couldn't game the system super well, and incurred thousands of dollars more just straight up airdropping everyone new tokens. I mean, it sounds like on paper this is the right thing to do, but it's hard to stress exactly how much people had to come out-of-pocket to make this happen. It was really rad to see.