TRADE Token will be managed in isolation by @hetrader

Hello everyone. As you know, two weeks ago we set a target of reaching a price of 1 HBD/1 USD for the Trade token in the first phase. All tokens, with a maximum supply of 21,000, are now in circulation. Until now, the Trade token was managed by the @centtoken account. This account also manages other projects. For example, the Tribe Token and Delegation Studies are effectively managed. However, the Trade Token Project's scope is completely different from the others. For these and similar reasons, we decided to manage the Trade token from a different account. And so, the @hetrader account was created. The project and the account will be managed in complete isolation.

There are no changes to the project or the token's management strategy. As stated in the Trade token's promotional text, the study will continue. We will continue investment, trading, and liquidity provision operations on Hive-Engine. At least 50% of the revenue generated will be added to the Hive/Trade liquidity pool as rewards. We will also continue to support the Cent/Trade liquidity pool. The remaining 25% of the proceeds from the project will be used for buybacks in the Hive/Trade market. The remaining 25% will be used for investment.

As previously mentioned, the entire token is in circulation. The @hetrader account holds approximately 14,000 Trade tokens. Approximately 2,900 tokens are awaiting distribution as rewards in liquidity pools. Approximately 2,600 Trade tokens are in liquidity pools. The remaining tokens are in user accounts. The current value of the token is $0.125 (2 Hive).

Work continues on the @hetrader account. Through this work, we can solve liquidity problems in the markets for many tokens. We can also offer an investment opportunity by undertaking the task of providing trading and liquidity for investors. However, the project is still in its infancy. I will donate a certain amount of tokens from my personal account for initial operations. Also, a large portion of the BEE, POB, and VYB tokens in the @centtoken account were purchased thanks to the Trade Token Study. Therefore, the @centtoken account will continue adding BEE, POB, and VYB rewards to the Hive/Trade liquidity pool for a while longer.

I will share updates on the progress weekly. See you again soon. Stay tuned.

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