UNICOIN Inferno! UNICOIN Burn

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This post is not financial advice. If you decide to follow what I am doing you do so at your own risk. UNICOIN is a token I launched recently.

The @uni-coin account has been added as beneficiary on this post to support the project.

As you can see in the image, I sent 7 UNICOIN to @null to be burned this time. The tokens were sent from the @unicoin.burn account

Basic info about @uni-coin :

Tokens backed by Hive. Regular Buybacks start at 1.01 up to 1.05+ swap.hive. Tokens can also be exchanged for HSBI (and occasionally other tokens) during events.Tokens are only minted once backed by Hive holdings and only when needed. Regular burns keep circulating supply low.

Current HP: 1464.25

Current circulating supply: 1030

Current HP exceeds the circulating supply by 434.25

Did I mention it's also a sustainable tipping token? Tips calls are based on HP delegations not tokens held to pay for the tokens through curation earnings. The tip bot is still in Beta . This has never been done before on Hive, at least that I am aware of. If you know of any tipping bots that use HP delegations instead of tokens held or staked let me know but I couldn't find them and the code to implement this is not readily available. So we are doing it ourselves.

I have a couple of posting partners that do burns as well.

I plan to do regular burns a few times a month. I am going a bit slow because I want to make sure the tip bot is well stocked and also some of the tokens from the "burn" account go to posting partners to fund giveaways and other promotions. The tokens burned come from the HSBI exchanges and soon the buybacks. Buybacks starting in mid June.

If you want more info and deep dives visit the @uni-coin account.
❤️🦄