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This post is not financial advice.
I am not going to post any final numbers here but I have been implementing strategies to grow this account and it's working beautifully. I have been adding this account as a beneficiary in some (most for now) posts on the @pixydust and @uni-coin accounts. This is helping to build HP and liquid HVE on here slowly but steadily.
I also have used some of the THREE tokens I earn playing Three Legacy and converted them to HSBIDAO tokens. I will share the final number in an update post likely the first of June.
I will say this- minting 5,000 new tokens in June will not be a problem. However, I will mint less than 4000 to keep the ratio nice and high.
I am still burning tokens fairly aggressively this month. I'm burning as many tokens as I can buy back. I expect that total to be between 1500-2000 by the time this month closes out.
Adding this account as a beneficiary on posts (when I remember to lol) is a small but effective way to help the account grow. It also makes sense. GLITTER is a reward token in both UNICOIN:SWAP:HIVE and HSBIDAO:PIXYDUST liquidity pools. It makes sense for those accounts to share a small portion of post earnings here to support new token mints and buybacks. That said this account is self sufficient on it's own.
It looks like I will not need to convert any HSBI units into HSBIDAO tokens for the next month or so either. I gained enough from swapping out the THREE tokens to not need to do that. Will I eventually convert some units to tokens? Yes. But I am in no rush to do so. That said I likely will not be swapping any more THREE for the next couple of weeks. If I do, it won't be much. I will look at that as an option closer to mid June.
Next month all three of my tokens will be increasing the circulating supply. This is because the average ratio is over 3x tokens backing -to tokens in circulation. The reason for he new mints is mostly to pair more tokens in the LPs, or in the case of GLITTER token to add more tokens to LP rewards.
Adding more GLITTER helps to compensate for the dilution in rewards with me adding more tokens to the LPs. All these accounts are designed to synergistically benefit each other in their own ways and it's working beautifully.
!BBH !UNICOIN !PIMP 🦄🦄