Phase #2 - Batch #1 - First Buyback Completed

hivebuilder (55)in #hbt • 3 years ago

Hivebuilder Update (1).png

Buyback Information - Batch #1 - Week #1

We listed the first batch of 5000 HBT tokens for sale approx. 9 days ago and we sold all 5000 tokens within the first 24 hours of listing. This is great news as it means we can get started working on the buybacks from day 2 and we have just completed our first buyback for Phase #2. Unfortunately we are still awaiting a withdrawal in fiat to be converted and added to the buyback fund, but there has been a delay and we will do another buyback as soon as we receive the funds. It's nothing to worry about, we had to withdraw to a debit card instead of PayPal and thus takes up to 3 to 5 days.

Info
Hive for buyback = 394 (approx)
HBT tokens bought back and burned = 285.9
HBT remaining to be bought back and burned = 4714.1
Funds in off-site staking account = >$375 (more than)

Next Buyback

We are aiming to complete another buy back next week or earlier and if possible we are aiming to increase to 2x buybacks per week rather than the 1 we are currently completing each Monday.

Next Batch

We are predicting that the next batch of tokens will be made available at the 1x hive price in approx. 6 to 8 weeks. We do suggest to get your buy orders in as soon as possible to guarantee yourself some HBT when the next batch of tokens is released for sale.

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