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=== Old tokens with infinite lifetime are more valuable then new tokens === For infinite lifetime REP tokens, the present value of a REP token at minting will change depending on the rate of fees the DAO attracts. In this case, more REP accumulates as time goes on. Typically, a REP token minted earlier is more valuable than a REP token minted later, since a later token shares the REP salary with more owners of REP. One way to combat this inequity, if that is desired, is to limit the lifetime of a token.
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