Here is a system overview for how WEPIX works in a nutshell. WEPIX tokens fund the WEPIXDAO Treasury which token holders then use to distribute in several different ways through governance proposals. These voting proposals are created to direct the project and guide it in different ways over time. The WEPIXDAO Treasury is currently holding:
- 34 BETA Splinterlands booster packs worth $3,225
- SWAP.HIVE:DEC liquidity on Hive-engine (856.75376259 SWAP.HIVE & 265972.414 DEC) worth $2,531
- 1.4 million ICEDOGE tokens worth $714
- 55 VIP tokens worth $93 (used for governance voting rewards)
- 227 CUB Finance tokens worth $92
- 279 billion ICEBRK tokens worth $58
- 33.9 UTOPIS Tokens worth $46
- 36 Hive Punks with 35 listed on the marketplace. All punks sold will be converted to SWAP.HIVE:DEC liquidity
- Several dust coins worth $20 or less due to BRO tokens dividends and CAKE farming using xICEBRK
Almost all of the WEPIX assets are paying dividends in some form or another to the treasury. Any WEPIX token member may propose a new idea but it has to be vetted and published by @hotsauceislethal directly through the @wepix account.
Here is our estimated daily airdrop rewards at 23 cents per SPS. WEPIX should earn roughly $470 per month, or $15.72 per day at this current rate and price- which is then being compounded back into the WEPIXDAO Treasury. The current combined value of the WEPIX project is around $6,800 (Treasury), not including actual WEPIX tokens for sale.
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Another amazing idea showing up on Hive. It is incredible the number of projects that are utilizing the different successes on Hive for even more success.
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Its been a hell of a ride and I think it might just be getting started. Hive is extremely undervalued as you already know and the whole web3 movement will draw in a lot of users looking for a way to monetize their own content and have true ownership rights without the censorship.
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