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New Strategy for LP Reward Reset


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This post is not financial advice

I know it's still like 3 months away but I am preparing now so that it doesn't sneak up on me.

I decided to add some outside funds. This will likely be the last time at least in a long time I will add outside funds. It wasn't necessary and wasn't a large amount but I have a few hundred HIVE worth in the @unicoin.market account. Roughly 250 equivalent. I didn't need to do this but those funds had been sitting in an account reserved for this purpose (to boost these accounts)and I figured I'd send them. This is crypto I earned playing games or passive cloud mining.

Right now I have a pending buy order for HSBIDAO tokens. If it's not filled in a day or so I will increase the price. The plan is pretty simple. The HIVE will become HSBIDAO tokens and will earn divs until it's time to refresh the rewards in the LP.

Then I will trade that HSBIDAO for GLITTER, PIXYDUST and UNICOIN. The rest I will convert to SWAP.HIVE for rewards. This is the most beneficial way to do this. Rather than just giving tokens to the LP rewards I'm basically buying them from that account.

I will likely need to put in more rewards than that over time. I have no idea how much in rewards I will need to add to hit the target average APR.

Speaking of which I don't believe I mentioned that the target average APR for the LP rewards will be a little lower this round. 15-20% is the goal. For 1000 days that's actually a really good consistent rate. swap.hive will be the first to be added then I will gradually add the other 3 mentioned and some others as well eventually. I will probably add swap.hive and GLITTER on day 1 and go from there.

We are still about 3 months away from this , just wanted to keep folks informed ahead of time. Yes there will be a 1% daily bonus for 100 days like there is now.

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