10k PIXYDUST Burned DEBTGAME added to LP Rewards
Image created using ideogram
This post is not financial advice
I minted and burned 10k PIXYDUST tokens. I also added a little swap.hive , SLOTHBUZZ and 10 DEBTGAME tokens to the LP rewards. These tokens were purchased during the pre sale.
If you want to know more about what DEBTGAME tokens are check out the official account @debtgame
Burning 10k tokens obviously reduces the total supply. I am a bit of a pyro lately. I recently burned close to 50k UNICOIN and GLITTER token is next on the list to mint and burn.
I do plan to do these burns semi regularly but not on a schedule. Also the amount of tokens burned will vary each time. I think this will strengthen the projects over time. Making the tokens more scarce is a good thing.
The HSBIDAO tokens held on this account is growing a a good pace. Alot of this growth is from playing THREE Legacy and swapping the THREE for HSBIDAO. I also am earning divs and am delegating HP so I am gaining tokens in multiple ways.
Holding these tokens with the divs makes buybacks easier. I can always swap them out when I need more swap.hive and in the meantime they earn divs. It's a great system. I also convert some of my HSBI units to the tokens but I do that sporadically.
I haven't forgot about my HP goal for the year. Still on track to reach that. I have about 100 HP more to go. Most of that will be earned from posts and curation. I don't think I will have to swap any tokens to reach this goal but I may need to do a small power up. There are still 2 months until the end of the year. That should be plenty of time .
I am also still working on raising the amount of HSBIDAO tokens held to eventually match the circulating PIXYDUST tokens. I have minted tokens over the past few months which makes that goal a little tricker as I am minting tokens faster than gaining HSBIDAO. I am not too far off but I will not likely meet that by the end of the year. It will be pretty close, though.
I will probably add more DEBTGAME tokens to the LP rewards in the next few months. I have no set amount or schedule in mind, just something I plan to do.