Upcoming UNICOIN LP/Diesel Pool What you should know

This post is not financial advice

The LP will launch next month somewhere in the first two weeks of October.

The scheduled buybacks (quarterly) will happen before the launch of the LP. It will be a soft launch.

For the first few days/week the rewards will be very low. This is to make sure I don't mess anything up and add the rewards in gradually. There are a coupe of token owners that expressed interest in adding to the pools and I will let that happen first or at least give a couple of days for that to happen.

There will be a 1% daily bonus for up to 100 days, so even if the rewards are scarce at first it may be worth it to get into the pool as quickly as you can, even if it's just a placeholder position.

I will set the rewards to expire in 420 days.

I want to add in the rewards slowly because I do not want the pool to start with a high APR then dwindle down over time. I want to start it lower and build up.

The main reward tokens will be Glitter and swap.hive but I will be adding other tokens in as well. Not all tokens will be added right away.

I also am going to start the pool itself with low liquidity and slowly add to it that first week. This will allow me to mint as few tokens as possible.

As I explained earlier my main account will be getting tokens to put in the pool but these are tokens I already paid for before this token launched, l just haven't minted them yet. I won't need to mint them all- hence me starting the pool after the quarterly buybacks. I will buyback as many tokens as possible and use those first. I will only mint what is necessary. We have plenty of leeway right now with over 2x the amount of HP to tokens in circulation.

TLDR: The pools will roll out slowly both in terms of liquidity and rewards and build from there.