This post is not financial advice.
HSBI exchanges are changing...for the better. Instead of a 20% bonus or even a 40% bonus. Starting November 1st It will be a 100% bonus.
What does that mean? Simply put for every 1 UNICOIN you send you will receive 2 HSBI units. Sweet deal if you ask me.
The exchanges will be slightly different in terms of where to send the UNICOIN. You will need to send it to @unicoin.hsbi account (if you make a mistake that's fine but this is the account that will be.automated so please get in the habit of using it). We are working on automation but for now the exchanges will be done manually. So please let me know in the comments or on discord etc if you have sent the tokens as I may not see the notifications.
I will make another post in this on or around November 1st.
Also a reminder of other changes previously made. Folks can now exchange UNICOIN at any time and there is no limit (though when we automate there may be a limit per transaction but not per day).
This 100% bonus change will be active on November 1st. This does tie in with the new curation project @tribefairy-the project I teased in a previous post . I will make an official announcement post on that soon within the next few days. I am still working on some details. .................... I did a little teaser where I mentioned HSBI payouts for delegations to @tribefairy but have decided for it to be delegation to receive UNICOIN. This will give folks more freedom. They can sell the UNICOIN during scheduled buybacks for a profit, put the UNICOIN in the LP or exchange for HSBI. 50 HP delegation per month will yield 0.25 UNICOIN. There is no limit but delegations in increments of 50 will only be counted (50 100, 150 etc) That's mainly because this is not automated at least not yet. This may change in the future once automation is in place.
UNICOIN will be paid out monthly. I will post more details on this in a few days.
This is separate from delegating to this account to use the tip bot. These are separate accounts that will feed each other but serve different purposes. Nothing is changing for @uni-coin I am simply adding another account to the system.
One of the things people struggled with when we launched the LP is that there just aren't many UNICOIN available. This will increase the amount of UNICOIN minted/ in circulation. It's a passive way to earn UNICOIN monthly. Of course all UNICOIN will still be backed before mint and nothing else here will change. It's another way for folks to earn UNICOIN through delegations while supporting the curation service. As I mentioned before the @tribefairy curation service will focus on tribe leaders, token owners, games, developers and folks who are making HIVE a better place.
Please keep in mind @tribefairy is a curation service not an upvote service. Delegations are not connected to the curation. Delegations simply earn folks UNICOIN.
..... GLITTER buybacks will also begin on November 1st at a 1% profit to the seller.