HSBI Token Dividends Are Here

This post is not financial advice.

The dividends on the HSBI tokens are now live. Please read this official announcement post for all the details

According to this, the dividends may be paid out daily if you have enough tokens. I thought they were going to be paid out weekly but things change so maybe that has too. I will find out the frequency once I convert some units into tokens and run the experiment myself.

Soon I will run an experiment and convert about 500 of my voting units to the token and see what happens. 500 should be enough to receive dividends weekly.

The HSBI tokens are only in whole units. Dividends are paid out in HSBI tokens but there will be a buy wall for folks who wish to sell them.

I still have a couple questions about some of the other changes HSBI plans but for now this is a huge step. For instance in the announcement there was no mention of in the future the sponsor getting tokens and the person sponsoring getting voting units. I'm pretty sure that's still a thing it just hasn't been rolled out yet.

This may change how we do automaton of the UNCOIN for HSBI exchanges but we aren't there yet so I'm not going to worry about it. It won't change anything on the user end, just ours. My husband says it doesn't matter .It's not a big deal to trigger a transaction from another account (this one) once folks send their UNICOIN to the @unicoin.hsbi account. This automation is not live right now anyway so..it's not an issue at this point.

I do try to do attend and speak at the weekly PIMP meetings where this HBSI news was discussed in detail yesterday ,but of course I had a doctor appointment and missed it.

The questions I have I'm sure will be answered soon, either by me asking directly or further announcements.

I am just waiting for some liquid HBD so I can convert some of the voting units I have into the tokens. Eventually I will be converting most if not all the voting units into tokens but that is sometime in the future and not until the new year at least.



0
0
0.000
4 comments
avatar

Thanks for the link to the hsbi post. I heard changes were coming but I haven't been paying close attention to what it may mean to me. I'll have a look at that post when I can.

!ALIVE !BBH !UNI !PIZZA !LADY

0
0
0.000
avatar

Congratulations @uni-coin! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You got more than 600 replies.
Your next target is to reach 700 replies.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

0
0
0.000