Need for change? The vote will show our way!

     ArdorBG holders!

    Over the past three years, we have proven that we adapt quickly to the changing crypto landscape. To increase the value we create, we created "hedged assets" and brought value to the Ardor ecosystem and most importantly to the Ignis coin. The goal was to put deflationary pressure on Ignis, as a coin with a smaller capitalization than Ardor. Unfortunately, crypto regulations and the rapidly changing environment led to the termination of Probit work, which automatically left Ignis without a listing on a centralized exchange.
    This necessitated the closure of the market module of hedged assets. Or rather, we started closing deals outside the Ardor ecosystem, which will lead to an unrealistic price of our assets compared to other coins. We use the Ignis child chain technology, but the real value remains on a centralized exchange.

Stay calm! We have created gates through which we will bring in the value. But, here comes the main problem, for which we together must make the best solution!

    If we continue to inject value into Ignis, the likelihood of continuing to lose value is huge due to the following factors:

1. There is no way to raise capital in Ardor DEX because it is difficult to use. A crypto investor is not a crypto expert who can handle blockchain.

2. The value created in Ignis will be destroyed by Ignis holders who want to exit the ecosystem. Long-term holders want to sell their Ignis, and soon after the hard fork, their NХT, which will erase the value we are injecting.

3. The node reward program creates additional inflationary pressure. The node reward program injects 300,000 Ignis into circulation every month, leading to additional Ignis sales.

    

    Of course, Ardor's technology suits us and we will continue to use it, but in order to inject the value we have created into ArdorBG asset, our proposals are as follows:

    1.Let's pay a dividend in GTB!

When we pay a dividend in GTB, we will inject 80% of the value into ArdorBG (40% buyback and 40% purchase of the GTB fund). In this way, we will also incentivize the retention of value in ArdorBG, because GTB pays an additional dividend for staking Ignis. GTB, in addition to being a way to stake Ignis, will also become our currency.

  Profits sharing:

    10% for management
    10% for investment pool
    40% for dividend in GTB
    40% for buyback (including fees)

    2. Issuance of currency.

We do not have a currency and have never had a currency. For those who are confused, I want to clarify that ArdorBG is an asset. We used Ignis as our currency, paid dividends with Ignis, and reported our profits in Ignis. The newly created currency will be similar to GTB, it will be a fund from ArdorBG. It will also pay a dividend to those who hold it, and holding it will bring even more value. The difference between GTB and the newly issued currency will be that while GTB is equal to 1 Ignis, the new currency will change its price relative to Ignis. After every 1% in circulation, the price will increase by 100% compared to the current one. Why is a price increase necessary? This will open the door for listing our currency on other exchanges. The currency will not be pegged to Ignis and when it collects the necessary capitalization, funds for listing can be invested.

  Profits sharing:

    10% for management
    10% for investment pool
    40% for dividend in new currency
    40% for buyback (including fees)

    3. Payment of dividend in Ignis. 

With this decision, everything remains as before.

  Profits sharing:

    10% for management
    10% for investment pool
    40% for dividend
    40% for buyback (including fees)

    Summary:

    We are not withdrawing from the Ardor ecosystem, we are creating a way to preserve value. 20% of the value will continue to be injected into the Ardor ecosystem.

*Until the decision is made, we will pay a dividend in GTB.