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This post is not financial advice.
This will be a relatively short introduction post. In essence tribefairy is an account built to support token/tribes and owners, communities, app developers , games and folks making HIVE a better place. The curation list will consist of both the token"business" account and personal accounts. Some folks that do not run a token/community will also be added to the list if I catch them doing good things for HIVE such as supporting users or projects, but the main focus is tribes/communities and app devs.
Basically this account will be curating posts from the above mentioned as well as some other posts.
There is a delegation aspect but it is NOT connected to voting. That is a separate list. Folks do not need to delegate to get curated and delegation is not a guarantee of curation. This is a curation service, not an upvote service. I know the difference seems to be semantics but I just want to make it clear to everyone what it is/isn't.
I already have a curation list, but I will be asking the HIVE community to recommend their favorite tokens/projects etc. As long as they are posting quality content, there's a good chance they will be added to the list.
Delegators will earn 0.25 UNICOIN every month for every 50 HP they delegate . These payouts are monthly and right now only delegations in increments of 50 will be counted (50, 100, 150 etc).
Please check out the @uni-coin account if you are not familiar with UNICOIN. TLDR :There are scheduled buybacks at a profit to the seller. An LP with high APR-currently around 30% as well as HSBI exchanges with a 100% bonus 1 UNICOIN exchanged equals 2 HSBI units for the person exchanging.
To qualify for payout users must delegate for at least 15 days in a given month. Though for first time delegators the payout could be pro rated.
I also have plans to do token buys and other ways to support projects down the road .
All UNICOIN are backed by HIVE before mint and I will be paying for these out of pocket for the first few months as this account grows. In the future power downs and other ways to get liquid HIVE will be implemented. I already have a little over 20 liquid HIVE in this account to pay for the UNICOIN. I will increase this amount or simply fund the @uni-coin account to pay for additional tokens.
This is a bit of an experiment. If this is a success, awesome. If it goes nowhere at least I tried something. I will keep it running for at least 6-12 months to ensure delegators receive value for their delegations. I will keep this account running as long as I can for as long as the community supports it.
Basically this account is for the community and will be dependent on support from the community, with myself subsidizing the delegation rewards until this account can pay for delegation rewards on it's own.
This account will also utilize LPs to help the account grow. Tokens received from posts/curation will either be powered up (or remain powered up) or put into liquidity pools. Occasionally some tokens will be swapped.
It's pretty simple . Users delegate and receive UNICOIN rewards for delegating while supporting this projects which supports folks making an effort to make HIVE a better place. Here is the current curation list.
Please note the curation list is not a guarantee of curation. Many factors come into play with curation such as voting mana, how often folks post etc. I can't guarantee to upvote every post from everyone in the list (and folks to be added). Again I want to reiterate the delegations and the curation have nothing to do with each other though there likely will be some overlap. Current curation list. I am not tagging these accounts because I hate tag spam: uni-coin thealliance glittertoken slothlydoesit enginewitty brofund steembasicincome bradleyarrow centtoken anadolu ecoinstant thecrazygm pepetoken tydynrain cryptocompany ladiesofhive tokencav borniet pimp.token thekittygirl dlmmqb mastergerund josephsavage sylmarill
Comment and Win- The first 10 folks to comment with a thoughtful question , comment or you want to nominate folks for the curation list will receive 100 SPT for participating as a thank you. One comment per account.
The official launch of Tribe Fairy will be November 1st but if folks wish to delegate now they will receive pro rated UNICOIN.