This post is not financial advice.
I put in the buy order a couple of days ago for the buybacks.
A few updates-
First off a thank you to @anadolu from @centtoken . He sent us 25k CENT for when the bot is ready. I also sent him 20 UNICOIN .He didn't ask for any in exchange. He volunteered. I sent him some from the promotions/marketing budget 🦄. I still haven't minted any UNICOIN since the pre sale.
I am not sure when CENT will be dded to the tip bot but I hope by the end of the month, we have a lot going on at home right now but things are settling in. My husband doesn't think it will be difficult to do. It's just a matter of finding a couple of hours of uninterrupted quiet which is tricky lately. We always have things going on like home improvements, pet stuff and other things. Normal people stuff.
As I mentioned earlier adding a new token to the bot will require an adjustment to how much UNICOIN is tipped, to make it sustainable. I think I may set the UNICOIN to tip .002 to both parties instead of .0025. I think that is a small enough amount it won't really be missed and gives some play room for CENT and potentially adding other tokens in the future to the tip bot. I could adjust it slightly if that's too step of a drop for folks.
One thing at a time.
There will be another small power down in a couple of days. I will stop the power down after this.I shouldn't need to power down again until late August/September. The power downs pay for the buybacks and HSBI exchanges as designed.
Current circulating supply is 760. That's fantastic. That's about 2x HP to tokens in circulation . Yes, even with doing a power down for a couple of weeks the HPH ratio is still getting better. This is because we are burning more tokens than powering down.That's not including liquid Hive, HBD in the accounts or any hive-engine holdings. NULL (the burn account) is now the biggest hodler. The tip bot is in second place. This is fantastic.
I am getting rid of (buybacks/HSBI exchanges/selling on the market) my UNICOIN on my personal account. This is so that when I start paying that account back in UNICOIN it doesn't get confusing(mostly for me). I don't think I will start that this month. I can wait a few more weeks. Or longer. I'm not in a rush.
What I plan to do is use a lot of those tokens in the UNICOIN liquidity pool if/when that gets off the ground. The liquidity pools are an interesting concept for UNICOIN . With such a small circulating supply it could make for some interesting strategies. I have plans.
Folks seem to like the idea of the pools. I haven't decided on the pair, i will likely ask for input . Like I mentioned in a previous post, we aren't there yet, but we are making progress. I will say...my plan is to make it sustainable and INCREASE the rewards over time. There are lots of pools that start off strong and the rewards dwindle -sometimes rapidly. I am doing the opposite -starting smaller (20%+ APR) and building it up from there. That's the idea anyway.
Only in crypto is 20%+ APR starting small lol.
Just a reminder you can now request HSBI exchanges at any time during the month on discord, or comment here. I am no longer doing it on a set day/days. Just give me a day or two to get it done, but I'm usually pretty fast.
Sorry this update is a little all over the place. There's lots going on and it's tricky to update you on everything regularly.
Any questions / clarification you can always ask.