Quick Updates and a few Ideas

This post is not financial advice.

I staked some of the CENT in the tip bot. There is still enough liquid CENT to cover slightly over a year of current usage. I figured I may as well stake some of it and earn a little curation. Obviously once the tokens start to run low I will just unstake if needed.

I am currently running a little experiment with CENT on my main account, I started delegating some to @centtoken and am receiving weekly HBD rewards. I am still in the CENT LPs as well. I think this hybrid delegation and LP strategy will work out well.

It's the best of both worlds. I earn a good amount of CENT and other tokens in the LPs . I can stake some of that CENT and increase my delegation over time. I am still testing it for a couple more weeks but I will likely do something like that for this account.

My goal is to have the 3 accounts related to UNICOIN this account, the tip bot and @glittertoken to earn more than enough CENT to cover the tip bot. We are close to that now. I think by the end of the year we will hit that mark. This is well in advance of needing to put in more CENT. Also these CENT earned are sort of "free" in that I am not actively buying CENT though I do occasionally swap other tokens for it. This is just a combo of LP earnings, curation and author rewards.

The UNICOIN/Swap.hive LP is launching in the next few weeks. let me know of you want to be tagged on the announcement post. A couple people have requested it. I will do my best to remember to tag people- I am terrible at that .
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The quarterly buybacks will be on the 1st. I suggest that if you plan on selling your tokens place the sell order now for 1.035 . The buybacks tend to go quickly but with this being the quarterly buybacks this will be the largest scheduled buyback. the tokens bought back will be used for liquidity in the upcoming pool.

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I still am not sure how many tokens will be minted for the LP but we have a lot of wiggle room since we have more than 2x the HP to token ratio as of right now (not including other HIVE/HE assets). I will mint as few as possible but it will probably be in the 200-500 range depending on how many people sell their tokens at the buyback. I really want to keep the HPH ratio at 2x but it may fall slightly below that range while launching the LP. it will still be at 1.5x or higher which is phenomenal.

Once the LP is stable I will resume burning tokens so the ratio should recover by the end of the year back up to 2x.