This post is not financial advice . If you decide to follow what I am doing, you do so at your own risk.
Before I get into it, the quarterly buybacks have started a day early(today)
This is part 2 of the back up plans. Most of these back up plans are already in place. I am listing aspects in no particular order.
Please keep in mind that most of these things also apply to the @glittertoken account as well. These numbers are based on current tip bot usage and likely will change over time.
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LP positions are increasing. Those tokens serve as a back up as well as a source of income.
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On average one post covers the token distribution for about a month at current rates. This is counting HP and HBD. This is not counting any HE tokens earned. I am well aware that upvotes are never guaranteed and can be taken away at any time but this is how things are at the moment.
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One day of curation rewards cover one week of token distribution on average (slightly over a week) This number is only including HP and not HE tokens.
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Outside funding sources come in via the glittertoken account. It's not a huge amount, but it does count.
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(near future) HSBI is tokenizing . I will convert most if not all units (eventually) to that token which pays out liquid HIVE every week. This will serve as a back up /addition to curation.
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Gotta mention again that all tokens are backed and remain backed before mint .This does serve as a back up and is critically important for sustainability.
I am also going to picking up some SURGE tokens which will also mean weekly HBD payouts. I picked up a small amount on the glittertoken and my personal accounts. I will focus on that for this account after the LP launch. With the HIVE price being low it's a potentially really good deal right now. I may just HODL them and take advantage of potential arbitrage if the price does go up after the pre sale.
If everyone opted for the guaranteed buyback and all tokens in existence were bought back from this account and everyone stopped delegating to the tip bot, this account would still be active. Those tokens would be burned of course. There would still be HP in the account. The account would still earn from the methods mentioned above.
I do have some other absolute worst case scenario back up plans. If post earnings and HIVE curation suddenly go to 0, I have a few plans I can execute on immediately. Keep in mind we are already stocked in terms of tokens in the tip bot for over 2 years at current distribution rates, as well as are earning enough in interest to cover the UNICOIN distributions as well on top of that. We have a long time to test out different plans before really needing to take any action if that were to happen. However, if for whatever reason the above becomes a reality, I got plans for that. Many of these plans are already implemented and explained in these posts. Some I will discuss if/when that worst case scenario ever happens.
I always prepare for the worst and hope for the best.
❤️🦄