GLD Update for August 1st, 2024

@hiveabbyftp · 2024-08-02 02:34 · Great Little Dragons

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Finally I get this update done on the first day of the month, horray!

With no response to last months call for people who wanted to get a HBD donation for a post on a frugal meal I'm going to put the community on sleep mode. I'll keep paying out dividends on the GLD coin and I'll keep on supporting the coin but I won't be actively trying to recruit posts

However, if anyone is interested in making a post they think would benefit the community tag me in a proposal and I'll certainly look at it. I'll be away for the first two weeks in August but when I get back I'll see if anyone tag me.

As for this months update:




GLD Coin Update


Tribaldex

The GLD coin has held the value I want it to which is 100:1

Well, actually it has appreciated. Instead of 100 GLD getting you 1 Hive it will get you 1.097. 9.7% higher than it was at the beginning of the year.

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Other metrics:

Market Cap for the coin is down to $119 due to the drop in Hive value.

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Liquidity Pool Value is also down to $178.824 again due to the drop in Hive value.

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Hive-Engine

Making sure that there are buy and sell orders on Hive-Engine has been an issue. With small valuation I'd often to go the Hive-engine and find that someone was trying to sell GLD for a terrible price. In that regard I've made sure to increase the BUY orders so people can get their 100:1 peg if they wish to sell and made a larger SELL pool at 110:1 (roughly the current price on Tribaldex).

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Monthly Payouts

The coin holders remained fairly similar compared to last month and the payouts went out on July 4th (if I remember correctly).

1 @monica-ene 2,550
2 @rare-gem 2,200
3 @jjmusa2004 2,150
4 @supernova004 1,004
5 @lightpen 750 6 @jmis101 700 7 @henrietta27 600 8 @johnny023 500 9 @gwajnberg 500 10 @ngwinndave 250 11 @god0 222.0727
12 @dlmmqb 200 13 @candnpg 190 14 @winston3992 100 15 @cleanestelf897 30
16 @etiboy56 25
17 @greeneyedwitch 15
18 @carnificina 11
19 @emreal 5

All these coin holders with 100 GLD or more received payments equal to 1% for the month (roughly a 12% annual payment)




Holdings

While it is quite easy to see the holdings by just watching the wallet:

Hive: 3.894

HP: 3768.44 (1817.9 delegated)

Liquid HBD $75.336 (unstaking now, in account soon)

Staked HBD $6100

Liquidity Pool : SWAP.HIVE:SWAP.BTC Last month Shares: 0.360 (0.073%) .......... 225.79138957 SWAP.HIVE .......... 0.00080057 SWAP.BTC

This month Shares : Shares: 0.445 .......... 289.35415373 SWAP.HIVE .......... 0.00095851 SWAP.BTC

Worth ~$119.300


#gld #token #update
Payout: 0.000 HBD
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