Repurchase plan || WEEK 4-5

in LeoFinance11 months ago

PGM ECOSYSTEM (15).png

WHY WE GO AND BUY BACK TOKENS

The main reason why the @coffee-coin project wants to buy tokens is for two very simple reasons:

  • We believe in the token and its value
  • Fight inflation

The first point we believe is the most important one , the COFFEE-COIN project is a project that believes a lot in what it has and what it will prepare for the entire life of the token from December 2023 until March 2025 , and we believe so much that the project can remain with a stable value if not higher than the release price , that we have decided to convert for the first 3 months all the resources earned from the sale of the tokens at the price of 0. 50 HIVE x token in HP and then delegate all the HP to @pgm-curator , with the liquid HIVE that will be given to us , every week we will make a purchase order slightly lower than the price requested by those who place sell orders.

The goal is to have all the resources we have earned in COFFEE knowing that our token will pay off.


The second point is to combat the inflation that is often generated with tip tokens. In fact, with the vast majority of tip tokens, keeping the price of a token high is always very complicated, especially when giving away resources, as is the case with TIP tokens, so we have one more reason to want to buy COFFEE. Obviously we will never sell off the tokens so they are in a sort of "safe bank" when the COFFEE tokens are in our wallet.



Repurchase plan

To make our movements easier for the community to understand, we have decided to publish weekly tables and graphs of our movements.

DELEGATION

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  • Time in Weeks
  • HIVE gains from delegation
  • Number of HP delegates to @pgm-curator

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As mentioned last week the number of HIVE's that would be gained from the delegation made to @pgm-curator would increase in the week 4 compared to week 3 , from 0352 HIVE about 0.759 HIVE this was due to the Christmas holidays where votes were low


PURCHASE COFFEE

In this section, we go over how much we buy coffee-coins for in the market, so we can see the token's performance each week and then do an analysis and try to figure out what may have caused the token to depreciate or increase in value.

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  • Time in weeks
  • COFFEE-COIN price at which we go to place the order on hive-engine
  • Value of HIVE when we go to place the order *

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We decided to set the token purchase today at 0.85 HIVE * COFFEE

As of today if you want to buy the token, the price is as follows 1 COFFE = 0.99

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COFEE IN THE WALLET

As we can see here, both thanks to this table and the pie chart you will see just below the first picture, the growth of tokens in the coffee-coin wallet divided between tokens earned from comments and tokens bought from the market. Week 4 is absent because we were unable to place the order and post

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All data are shown, seeing the past week, as the buy orders we place in the current week are not executed as we write this post.

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Sort:  

!COFFEE 😎

You just received 0.05 COFFEE! Good coffee my friend

number of commands left: 0

If you also want to send COFFEE buy them here on hive-engine

Sarà un successo!!!
!LUV
!COFFEE
!PGM

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Check out our last posts:

Our Hive Power Delegations to the December PUM Winners
Feedback from the January Hive Power Up Day
Announcing the Winners of HiveBuzz's Yearly Author Badge for 2023!

!COFFEE
!PGM

Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 1 SBT - 0.1 THG - 0.000001 SQM - 0.1 BUDS - 0.01 WOO - 0.005 SCRAP - 0.001 INK tokens

remaining commands 8

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

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Discord image.png

Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


You just received 0.05 COFFEE! Good coffee my friend

number of commands left: 3

If you also want to send COFFEE buy them here on hive-engine