Sprinkling a little UNICOIN in the ALIVE-LBI LP
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This post is not financial advice
I added 15 UNICOIN to the LBI-ALIVE LP. It's part of a test and also a way to give back to folks that support me and my projects. @lbi-token @tydynrain
I got these tokens off the market , some from the LP to balance it. I did not mint them specifically for this purpose. I was going to wait to add them until the next time I minted but since I have them now I figured why not.
It's not a lot but it's just a little thank you gift.
We are in very good standing in terms of tokens backing UNICOIN and tokens in circulation. Last I checked it was over 3x the amount of tokens held to tokens in circulation. HP alone is about 2.5x I believe. Then there's HSBIDAO and other tokens in LPs etc. I think counting @tribefairy assets as well as the tip bot we are closer to 4x tokens backing the current circulating supply.
I'm very happy with the progress and ratios on all my tokens. I think @pixydust has the lowest ratio but it also has more tokens in circulation HIVE value wise than the others. It's also the newest token. That said the ratio is slightly over 2x there. It will be 3x once I hit the HP and HSBIDAO goals there.
I am currently working on increasing the HP on the @pixydust account and will focus on building more HSBIDAO tokens there after I meet the HP goal. I am very close to that goal.
I am working on increasing both on this account as well but I don't have a set goal at the moment. I am a little more focused on building @glittertoken and @pixydust right now. Once those ratios increase then I will switch back to focusing on this account.
That seems to be a pattern. I focus on building one or two accounts out of the three (technically 4 if counting @tribefairy but there is no separate token for that account) and then move on to another account once I reach my goal. This pace seems to work for me. Being able to add accounts as beneficiaries on posts helps quite a bit if done over time. That way I am kind of building both accounts at once. One helping another.
I am setting @glittertoken as a 20% beneficiary on this post.
!BBH !PIMP
Thank you very much, my friend, it's greatly appreciated! This is excellent news! 😁🙏💚✨🤙
!ALIVE
!BBH
!LADY
!PIXY
!UNICOIN
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LOHtokens.@tydynrain, you successfully shared 0.1000 LOH with @uni-coin and you earned 0.1000 LOH as tips. (1/7 calls)
Use !LADY command to share LOH! More details available in this post.
Hey, that is awesome, and much appreciated.
Pardon my ignorance, but could you give me a link or a quick explaination of how UNICOIN works. I've seen it around but don't know what it does or how it works.
I appreciate the links we have got going here and am keen to learn more about Unicoin.
No worries. UNICOIN is a lot like PIXYDUST. In fact PIXYDUST is based on UNICOIN. Both have guaranteed buybacks at original selling price if folks need to sell. Both Tip bots are based on HP delegation, not tokens held to remain sustainable and keep the price stable (never been done before on HIVE). There are some subtle differences in the two. This post is a little dated and long but if you want all the information https://ecency.com/@uni-coin/what-is-unicoin-whitepaper-v. There have been some adjustments over time from the whitepaper but it's mostly current to reflect that. There's not much info about the LP in this post because the LP came after the launch of the token, like 6 months or so later . But the LP is self explanatory. I keep the rewards consistent though they blew up a bit when someone donated tokens a while back. I will refresh the pool in a few months and the target goal for rewards is average 15-20 % APR though it will likely be a bit higher, this is just the minimum target. et me know if you have any questions. !UNI !PIXY !BBH