Increasing the Token Holding Ratio Two Ways

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This post is not financial advice.

Some good news...it looks like I will exceed the goal of burning 1000 or more tokens this month. I just burned 342 on top of the other tokens I've burned. I have burned around 1000 tokens already this month and the month is not even half over. This is great progress.

Most of the tokens are coming from my other accounts but those accounts earn GLITTER just like everyone else. Still not sure why more folks aren't selling their tokens but that's their choice. Also a huge percentage of tokens is in LPs as rewards and have not been distributed yet.

In addition to burning, I am also going to be adding this account as a beneficiary on posts from the @uni-coin account as well as the @pixydust account. I am not sure how often I will do this but every little bit counts in terms of increasing the HIVE/HP on this account.

Keep in mind HP /HIVE is not the only thing backing the tokens. The HSBIDAO and PIXYDUST in the LP alone is enough to back all minted tokens plus extra. I also have HSBIDAO not in the pool as well as some other tokens and LP holdings. Of course there is also the HP and HIVE on this account. I do have HSBI units I could convert to tokens at anytime as well. I will likely do some conversions this month but I haven't decided the amounts or anything.

That along with the more aggressive burns this month will only solidify the holdings on this account. Everything is going really well.

So what next after this "burn" month? I will at some point in the future mint more tokens but I will do my best to mint less than I burned the previous month. That won't always be the case and there is plenty of wiggle room. I could double the tokens minted /in circulation and they would all still be backed with extra backing to spare.

I am also going to be putting some more tokens in the various CENT and connected pools. I will likely go into the PIMP pools as well and increase holdings there. I haven't done much lately with LPs except the HSBIDAO: PIXYDUST pool.