Account Update July 2026

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This post is not financial advice

I haven't posted an update in a little while so here's one. I'll try to make it quick(ish)

In June 20 UNICOIN were burned. I have just over 60 sitting in this account. @tribefairy has enough tokens at current distribution rate for the rest of the year. I also sent a few tokens to top off the tip bot even thought it wasn't necessary.
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The tokens in this account are going into the LP. I don't have a lot of swap.hive on this account to pair in the LP at the moment. I can transfer some from the buyback account, or sell/swap some tokens. I will likely do a combination of both.

It's also a tricky balance decision point right now. I want to mint and add more tokens to the LP. I can do this there's more than enough assets to mint twice as many UNICOIN in circulation right now. However, I like it when the circulating supply is low so I am minting tokens slowly and also burning any extras like I did last month.

What I think I may do is look at how much HP I am earning per week(approximate average) and mint slightly less than half that amount give or take. I won't mint every week but will mint based on that approximate number. This way the ratio still grows and the LP holdings increase. Keep in mind the assets held in @tribefairy also back UNICOIN tokens.

Getting the extra swap.hive for the LP will be the biggest long term challenge. There are multiple ways of doing this. Also an easy way of determining how many tokens to mint may be based on extra swap.hive available in the future in addition to HP growth.
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I am slowly adding more tokens into the CENT pools in the @tippybot account. This will essentially be CENT income for that account. I am earning enough on this account to cover the bot distributions, but I want to bot to be generating it's own. I think it's generating about half of the bot distributions on average right now.

I do have good news on the tip bot account. Though it is not yet earning enough CENT to cover distributions on it's own (not counting this account's earnings) but I am earning enough in tokens on that account to purchase any CENT tokens needed. I am slowly increasing my stake in the LPs and earning more CENT on that account but it is self sustaining, just not with CENT directly. Yet. It's earning about half the amount of CENT needed but earning more in other tokens to make up for it. That's actually huge news for tong term sustainability and worthy of it's own post.
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I'm probably going to convert 100-300 more HSBI units into tokens in the next few weeks. I plan to just hodl them for now and earn those divs.

I added the @glittertoken account as a 20% beneficiary on this post. I am going to try to do this more often. This will pay for the GLITTER tokens in the LP rewards.