ELIXIR Token Is Growing!

in Town Square • 14 days ago

It's amazing to see that the ELIXIR token started just three months ago and is now entering the second sales tranche! This next stage will become interesting for everyone as the growth continues at a faster pace!

(Created with ChatGPT)

For those who want all of the token details, here's a link to the whitepaper: https://peakd.com/hive-174602/@nectarbytes/nectar-whitepaper

What Happens Now
Now that we're in the second sales tranche, each token now costs 2 HIVE to purchase. All HIVE is then powered up, so expect the HP for the @nectarbytes account to grow at a faster pace!

What This Means

  • For early adopters, your tokens have doubled in value!

The token value will double again after the second sales tranche runs out!

  • For delegators, your ELIXIR payments increase!

The delegation payments are based on 50% of the ELIXIR market value. That means for every 1 HP earned in curation, delegators will now be paid 1 ELIXIR. If you don't want to pay 2 HIVE per ELIXIR, delegating is a great way to earn the token!

I'd just like to take a moment and thank everyone who has made this project so successful in such a short period of time. None of this happens without you. Thank you!

@gungunkrishu @lbi-token @tokenpimp @eolianpariah2@toofuckeh @georgeknowsall @fnzcmd @dewabrata @cwow2 @meesterboom @bozz @shiftrox @cryptoreforma @melinda010100 @drstealth @ekads @myupvote2u @silversaver888 @newigennity @petertag @gwajnberg @successchar @andy4475 @chaosmagic23 @thebighigg @bitcoinman @wesphilbin @edgerik @youloseagain @imfarhad @cositav @yusmelys @vladimirrf @tarabh @borniet @caspermoeller89 @monachta @katriel1 @offgridlife @novamind @pepentropy.bot

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Buy ELIXIR and stake to receive HIVE dividends!
Delegate to @nectarbytes to earn ELIXIR!
https://tribaldex.com/trade/ELIXIR
https://hive-engine.com/trade/ELIXIR

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Buy DUO and stake to receive HIVE dividends, tip others, have your posts curated, and grow Hive!
https://tribaldex.com/trade/DUO
https://hive-engine.com/trade/DUO



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Are all Elixir tokens backed by a guarantee, so people who buy a lot of tokens can get out of them if needed?

At this point there's not a buyback program in place since the project is so new. I'm considering it for the long-term future.

That said, if someone has a concern about needing to exit they're always welcome to message me directly to discuss it.

!BBH
!PIZZA
!ALIVE

Cool.
I was just curious if it was even a thought, glad to hear it is :

PIZZA!

$PIZZA slices delivered:
bulliontools tipped youloseagain
bulliontools tipped cwow2
thebighigg tipped bulliontools
@bulliontools(6/20) tipped @angeluxx
bulliontools tipped zydhwt25
bulliontools tipped edgerik
bulliontools tipped bozz
bulliontools tipped dewabrata
bulliontools tipped thebighigg
bulliontools tipped ekads

Please vote for pizza.witness!

I've been so bad at checking my hive-engine wallet to make sure I am staking my tokens. I need to find a way to automate it.

Hive Keychain has the option for auto staking specific token.
!BBH !ALIVE

Thanks for that.

You're welcome!
!BBH

Wow, I didn't know that. It looks like I need to explore keychain apps a bit more.

Yeah, check it out. It has some cool features.
!BBH !ALIVE

Looks like @chaosmagic23 has you covered! 😁

!BBH
!PIZZA
!ALIVE

!INDEED !BBH

Posted via HiveSuite

The interesting part about ELIXIR isn’t simply that the price moved from 1 HIVE to 2 HIVE — it’s what happens after the early excitement fades.

A growing token is easy to celebrate, but the real test is whether demand can keep growing when the price keeps increasing. The staking + HIVE dividend model definitely gives ELIXIR something more tangible than pure speculation, but I’m curious: will people keep buying because they believe in the ecosystem, or mainly because they expect the next tranche to be more expensive?

That distinction could be what separates temporary hype from sustainable growth.

What do you think — real utility or smart FOMO? 👀

I wouldn't be surprised if token sales slow down as people choose to delegate instead. Eventually the tokens through delegation stop and the only thing left are tokens through sales. By then the account will have grown its staked HP considerably, so the main draw will be dividends.

Longer-term I'm entertaining a buyback and liquidity pool.

!BBH
!PIZZA
!ALIVE

Keep up the good work brother!

!BBH
!PIZZA

Thanks! 😁

!BBH
!PIZZA
!ALIVE

Awesome.

!ALIVE
!WRD

It is! It's exciting! 😁

!BBH
!PIZZA
!ALIVE

Woah, I was going to buy more this week but the first one is over. Weldone!!

Yeah, it went fast! I was going to grab some too, but now I'll have to grab it for 2 HIVE each. 😆

!BBH
!PIZZA
!ALIVE

Wow, congratulations—ELIXIR has entered the second tranche. The value of my ELIXIR has doubled now.

Hmm... if I want to increase my ELIXIR stake, I'll have to spend more Hive now.😅

Thanks! Haha, yeah I'm right there with you.

I should've grabbed more while it was cheaper. 😆

!BBH
!PIZZA
!ALIVE

muchos exitos

Thanks! It's great to see it growing so quickly! 😁

!BBH
!PIZZA
!ALIVE

Morherducker
Finally had funda and it went up!
Nice work bud

How much hp delegation to get 1 elixir?

Yeah, I hear you. I thought I'd have more time to buy some cheaper. 😆

My rough estimate would be you'd need to delegate about 500-600 HP to earn 1 ELIXIR per week. That can also change as people increase or decrease their delegation amount.

!BBH
!PIZZA
!ALIVE

Cheers
Il see whats going spare

I tried to buy it once and didn't know how, I'll try again, thanks.

Are you familiar with how to buy tokens through Tribaldex or Hive-Engine?

I made an offer and I don't know what happened

So the offers only work if someone is willing to sell for that price. Those could take time to get filled or may never happen if nobody is willing to sell that low.

If you're looking to buy them now rather than wait, you'd click on the price of 2 HIVE each and put in a buy order for that.

OK I don't know what I did this time I'll be more attentive thanks