ECOBANK Q1 2026 Update - Now with improved liquidity!
Welcome to a new year - the very exciting year 2026 - this is the 5th year of the ECOBANK project and despite any worries to the contrary, we are still very much alive!
One of the issues we have had with ECOBANK, that we have been intensely aware of, is a lack of liquidity. After all you cannot at the same time buy a property and keep the cash to buy back the shares. Any money on the order books is money not "at work", and life goes on and costs money; for example every year we must register RNT (free) and Camera de Comercio (not free). This paperwork will be done by the end of Q1, and reported here as always.
But back to liquidity - we have some now!
A hedge against HIVE
One of my favorite authors, member of ECOBANK mentioned this to me, and it seems as if it was a pretty good plan, as you can see above, ECOBANK is currently trading in the pool around 60 cents USD, not ideal, but that is almost 9 HIVE. If you bought ECOBANK tokens in 2021 for less than 1 HIVE, and haven't had access to liquidity in 5 years, this could be a reasonable trade for you.
Its an interesting LP, since the HSBIDAO half pays dividends, so holding LP could be superior to only holding ECOBANK.
Pairing with HSBIDAO brings great benefits by tapping into their buyback wall at 0.475. Selling 1 ECOBANK token for 17.8 HSBIDAO right now will get you 8.455 swap.hive on the HSBIDAO market.
Positioning for volatility
This creates an interesting product ("LP") that produces ~6% apr plus fees, and the HIVE SBI program is powering up HIVE, making it an ideal use of the proxy token so that the assets can still be deployed for yield.
Long ago I had this very similar idea with INCOME:ECOBANK, since INCOME was indexed to HIVE, but alas I am very content that I ended that project when I did, successfully landed the plane! and can make time for other things - and team up with a growing whale (currently 825k HP) on HIVE that spreads its votes so widely around the platform, to thousands of users.
The idea is that the wild long term swings in ratio could be harvested for fees and for profit-taking, as well as developing a deepening liquidity pool for quality of life of all involved. Both of these projects are imagined and designed to be long term efforts over years.
Here are the brave liquidity providers now:
Relative Price: What it means
If HIVE were at 20 cents, this ratio would imply a buy back (through HSBIDAO) of $1.69 - a respectable price for the token! Alas, at 7 cent HIVE, this means that we are at 60 cents. For an entity thinking in USD Stable units, the falling HIVE price creates an opportunity to buy underpriced Colombian hard assets.
If HIVE stays low, and buybacks occur (@ecobanker has already bought back hundreds of ECOBANK tokens), the amount of HIVE it takes to buy each ECOBANK share rises. How much HIVE we can absorb (into HSBIDAO) in the meantime - is an open question!
Asset Management
We are definitely selling our hotel property, in which we own 50%, we are in negotiations of the final payment plan of the buyer, who is the neighbor. Our plan is to go "all-in" on our "La Virginia" property, as well as protect and develop that which makes us unique, our ECOBANK token.
More on the yearly paperwork, local developments and general happenings as they occur.