WINEX Staking Feature & Future Updates

Hello Hivers,
In our previous articles (Article 01 & Article 02), we introduced the WINEX token, its (1:1) airdrop to WINE token holders & our plans with the WINEX token.

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Fundraising to enable Staking feature to WINEX?

Yes, we are trying to enable a staking feature (7-14 days withdrawal time) with the WINEX token. Because we do believe WINEX is vulnerable when bot summons commands rely on Liquidity wallet of Comment-based token economies. Therefore, we are trying to collect 1000 BEE tokens to add the staking feature with the WINEX token.

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How fundraising?

Honestly, this might be a big issue at the moment. Because WINEX never manual mint & the developer share also neglectable. We sold WINE tokens that belong to its ICO process & collected around 475 Swap.Hive tokens. Unfortunately, BEE is trading around 1 Hive per 1 Bee token at the moment. Therefore, we want to find other options to collect at least 525 Hive to reach our goal.

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What we hope to do?

1. We can develop a Winex curator, which will curate WINE community posts & share WINEX as delegation rewards - Each 2500 HP will mint 1 WINEX token per day up to 100,000 HP. (Maximum 40 WINEX Tokens per day) - This feature already enabled @hiveupme delegators.
2. We can create a daily post & looks for author rewards to collect funds.
3. We can collect developer funds & enable the feature. (This may take a long time to reach the goal).

Those are the options that we have so far. We will not manually mint WINEX tokens to reach this goal.

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WINEX token supply?

WINEX could reach up to 21 Million tokens, similar to the legendary BitCoin. With our future releases, we hope to control the token minting rate & it will purely base on the Time duration of each token minting cycle. (Mining tokens will be harder in each cycle or something like that).[A hint]

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Future of WINEX?

Until we don't gamble with WINEX, it will play its game. We all know Hive-Engine Tokens are not decentralized. Each token has a single owner & that owner has keys to mint tokens & flood the market anytime. Therefore, each token economy under Hive-Engine Tokens is at risk.
But if we have no intention to manually mint tokens & flood the token market, any token could remain trustful. Therefore, we have no wish to "Click - Token Issue" button or pump the token market. Everything will depend on community support & trust.

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Stay Safe & Enjoy

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