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RE: The Income Tokens

in LeoFinance5 years ago

Great. I have been already catching them up little by little or whatever I can. Here are my Holdings:

  • BRO 130
  • DHEDGE 300
  • LBI 260
  • SPI 2
  • INDEX 25
  • ARCHONM 4
  • BRO-AG 100
  • SHARE 11
  • EDS 1
  • SOL 5

Great to have INDEX.

I do have a curiosity, INDEX buying DEC, Starbits, SIM. These are pegged at a fix price. They can't produce curation or dividend rewards unless used. SIM can be used to get a dcity so it do produce good returns. But As far as DEC and Starbits are concerned, just holding them in INDEX wallet doesn't produce any return. About 36% Holdings of INDEX are DEC which aren't producing any return. So may be either provide liquidity in DEC/ETH in uniswap to get some income or something else to generate revenue from it. It can make INDEX a great success. Feel free to discuss any ideas. :)

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The returns aren't what we are looking to do with INDEX from every token in the fund.

DEC and Starbits are being held so they are 100% backed in the fund. As their prices increase, so does the INDEX

As for SIM, we'll be creating a city with the SIM tokens to produce income from it :)

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Thanks.
For the DEC as the price is pegged, i.e. 1000 Dec = 1$. The price will never go abpve that, so it doesn't really contribute to Index Value. That's was my whole point. So instead of just holding it, may be provide liquidity to DEC-ETH pool so the earnings from their can be used to buy more DEC and back the Index token Value.

It contributes to the value of INDEX because it's backed 100% with the token it represents.

Remember, not all tokens in this fund are meant to me 'income generators'. And when you start flipping things to do swaps and all that, it gets very confusing for our formula to work as a true INDEX representing the market.

Posted Using LeoFinance Beta