Why UNICOIN Really is Different

Disclaimer: This post is not financial advice. If you decide to follow what I'm am doing you do so at your own risk.

HPH =The Hive and Hive engine assets we have backing the token this incudes Hive power HBD, liquid HIVE, Hive -engine assets in and out of liquidity pools across multiple accounts. but to simplify things we generally just talk about Hive power/HPH.

I know the whitepaper and some posts are very long and detailed and some folks don't absorb that type of content very well. but even when I explain in a few sentences some people, about 1/3 of all those I talk to just don't understand it. So I am trying to clarify with this post.

I also want to state upfront that we aren't doing anything differently to be edgy or cool or just to be different. It's just one way to solve a lot of problems around tokenomics and sustainability. UNICOIN is designed to be a "fix" to some of these issues. So in essence it has to be a little different to be a solution.

I am going to list the things people struggle with but also why they are implemented/what problem they fix or how it benefits UNICOIN as a whole. Maybe that will help folks understand. If you have suggestions for better ways of explaining ,please let me know.

1- The tip bot is based on folks delegating HP instead of buying or holding tokens. (but it is NOT a upvote bot or an upvote service). This has never been done before on Hive and required some custom coding.

The reason for this is because ALL UNICOIN are backed by Hive and Hive-engine holdings. Delegating to the tip bot pays for the tokens distributed through curation earnings. Making it self-sustaining without folks needing to buy tokens. This also negates the need to worry about the price of the tokens.

The value remains the same regardless of what the markets do. There are excellent arbitrage opportunities for UNICOIN right now- if you understand the core concepts and the value of the tokens (spoiler it's more than 1 Hive/swap.hive). We also do buybacks which I will touch on a bit later.

Having the tip bot be HP delegation based is is less of a risk of loss for hodlers as they don't need to buy tokens ,they can just delegate HP and use the tip bot. They can un-delegate at any time.

2-All tokens are not only backed by Hive holdings but are backed BEFORE minting new tokens . In fact we currently have 1.5x the HP as we do tokens in circulation and that's not counting the other HIVE assets. Not many tokens are backed on Hive/Hive-engine and folks seem to have difficulty wrapping their minds around it.
Yes, the tokens are backed by HIVE holdings we do not just mint tokens without backing them. In fact we recycle them before new mints. There has not been a token mint since the pre sale.

UNICOIN is designed to keep circulating supply low .We also do regular burns in addition to backing all tokens. This is how we are able to guarantee buybacks.

3- Guaranteed Buybacks
As explained in many previous posts folks who have more than 50 UNICOIN may request a buyback at anytime for the original sale price (I Hive/swap.hive). There are rules , limitations and more details in previous posts. We also do scheduled/regular buybacks of 5%+ of the circulating supply for more than 1 swap.hive.

Most folks can't wrap their brains around how we can afford this. I will explain it this way :Even if everyone requested their buyback and all tokens were bought back, the system would still run and we'd have 550+ Hive power plus other HPH assets.

This is possible in part by assets from the pre sale but also I pre funded this account before launching the token . We have also received some author and curation earnings. All of that contributes to the HP and other assets.

I hope that helped clarify some questions. We are self sustainable. I do wish our HP growth was faster, but I understand these things take time The stats are fantastic. The ratios are solid.

We are also getting more into the liquidity pools to increase earnings so we can increase the buyback amounts both in price and quantity as well as perhaps adding more HP.

UNICOIN is designed to minimize risk of loss for the hodlers, while also providing benefits. The risk of loss is on us.

If you know of any other guaranteed buyback (at full value of original sale price) tokens please let me know.

❤️🦄