This post is not financial advice.
The LP is looking good. Average APR right now is sitting at about 29%. I am slowly adding more rewards about twice a week right now. Soon it will be weekly. Then likely down to twice a month or something. Basically I will keep adding to maintain that 20-50% range, which we achieved within the first few days.
I will target 40% for now and then start to back off in terms of frequency of adding rewards.
Special thanks to @enginewitty for donating some PIMP. I will also be adding PIMP and have already added a small amount.
I am also slowly adding liquidity. Things seem to be stabilized for the most part price wise in the pool.
I have burned some UNICOIN this past week or so. 10 tokens total. I enjoy burning tokens and am glad to start doing that again. I don't expect to bun many until the next buyback in January. Though once the HSBI exchange bonus rises to 40% I will likely get more tokens from that.
The HPH in terms of strictly HP is still above 2x, meaning we have twice as much HP as tokens in circulation. This ratio is scalable. I am very happy about this. I will still continue to add to the liquidity but that will be over time. No sense in adding too much too fast. Doing it more slowly than originally planned will help keep the HPH ratio stable. This is not counting liquid HIVE, , HE assets or any tokens in other LPS.
I am proud of the HPH ratio. This adds stability to the token. I am not aware of any other tokens that are backed more than 2x, bit if you now of any please let me know because I want some.
nice to read such good news ;D
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STOPI added a couple more UNI to the pool. Nice APR!
!PEPE !PIZZA !BBH !UNI !LADY
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LOHtokens.@kenny-crane, you successfully shared 0.1000 LOH with @uni-coin and you earned 0.1000 LOH as tips. (2/8 calls)
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Excellent !BBH !PIZZA
$PIZZA slices delivered:
kenny-crane tipped uni-coin
@uni-coin(1/15) tipped @kenny-crane
Come get MOONed!
Muy bien
!UNICOIN
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LOHtokens.@yusmelys, you successfully shared 0.1000 LOH with @uni-coin and you earned 0.1000 LOH as tips. (1/4 calls)
Use !LADY command to share LOH! More details available in this post.