Contingency Plan- What If...?


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This post is not financial advice.

This is a thought experiment to demonstrate that I have a plan for various scenarios. I am not expecting this to occur but if it does, I have a plan.

Just to be clear I have actually minted new tokens lately to balance the LP (essentially selling them) so I am not worried about this at all.
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What if one day everyone stopped delegating to the tip bot?

Obviously this would not be an ideal situation, but it also wouldn't be the end. There is still the LP. There is still the @tribefairy account. There is also HP and other assets on this account enough to back more than 3x the circulating token supply.

If that were to happen than there would be little to no emissions. I have a coupe of people whitelisted, partner/early supporters that I made arrangements to use the tip bot, but other than that emissions would halt. If no one is delegating than almost no UNICOIN (or CENT from the tip bot)will be distributed. However, the account will still earn through outgoing delegations, curation and posts.

Folks come and go from the tip bot all the time. It is designed that way. Nothing major would change except less UNICOIN will be going out. The LP will still payout at the same rates. @tribefairy will still distribute to delegators and the account would earn , though it would earn less (obviously).

This is a long winded way to say that if this were to happen it would not be the end. I would likely not do much of anything different for at least a few weeks. If no one else came back or no new delegations came in then maybe I'd start thinking about making decisions about keeping the bot going or not. If the bot does get discontinued for any reason, the LP will stay the same. The guaranteed buybacks and the bonus buybacks would still occur.

I would also reach out to the community and see if they have any ideas, thought etc before making any major decisions.

I am not anticipating this happening but every once in a while someone will ask or wonder "what if?" about a few things here. I figured I'd answer it in case others were wondering.

I have no issue adjusting/adapting making changes. So if this worst case scenario happens, I'm prepared.

❤️🦄

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