Quick(ish) end of year Update

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This post is not financial advice. If you decide to follow what I'm doing you do so at your own risk.

Just wanted to do a quick update as the year winds down.

I have already started the GLITTER buybacks. I will re list the buyback and increase them as people participate. There are still way more tokens in the LPs than people's wallets. So even though I want to transition to quarterly buybacks they are basically going to be monthly to allow folks to sell as they get tokens if they choose to do that.

UNICOIN buyback will likely be initiated tomorrow This will be quarterly however I will re list the by order in February if there are remain tokens to buyback from the quarterly budget.

The buyback amount will start to decrease., but not the percentage. This is because we are still burning tokens and the circulating supply is slowly going down. I am buying back more than 15%. quarter. It's been about 115 tokens per quarter right now which is above 5% a month. This time it will be around 100 which is still above 5% a month or 15% a quarter due to the low circulating supply.

I expect the next buyback in April will be for a smaller amount of tokens unless more are minted/distributed. This is expected as the circulating supply decreases.

It is possible the circulating supply will increase if 1) there are more delegations coming into this account 2) More delegations coming into @tribefairy account. Those are the sources of distribution.

I may mint some more for my main account out of the tokens I pre-purchased but I am slowing that down. I still owe that account about 500 UNICOIN and I could mint them right now as they have been backed since the beginning , however I am doing that slowly. I also may not even mint them all. We shall see. I will use the tokens that are bought back first, as I recycle before minting.

@tribefairy is well funded. I currently has 2 months worth of distribution tokens. I will increase that when I get more from either the buybacks or exchanges. I'd like to have 3-6 months worth of the tokens distributed in that account which will likely happen after this next round of buybacks.

UNICOIN is becoming more scarce. This is by design. I will consider minting more if folks start buying them either through buy orders or the LP. I will check the LP price after the buybacks. I try to keep it close to 1 swap.hive in the LP but it's been about 1.05+ the past few weeks. I can lower that by minting / selling some tokens back into the LP. I may do that with some of the tokens from the buyback if the price remains where it is in the LP.

Or if folks sell their tokens via swap on their own. Right now it's a little more profitable to do than than the buybacks. Of course that's limited as there is low liquidity. So you do whatever works for you. I will be watching this closely. If the buybacks weren't happening in just a day or so I would swap/sell some to the LP. That LP price tells me there is a small demand for UNICOIN right now. This makes sense with the high LP rewards and generous HSBI exchange rate.

Want more UNICOIN? Delegate to this account and use the tip bot or delegate to @tribefairy and receive UNICOIN payouts monthly. I am looking into automating this and maybe doing weekly distributions to tribefairy delegators .That is in the future. I have a lot of health issues I am dealing with right now(and likely more than one surgery in 2026)

I am not mentioning these health issues to scare you, it's just that it takes time away from my husband programming if he's taking me to all these doctor appointments. I am not dealing with anything life threatening but my connective tissues are breaking down(again) and I'm gonna need surgery to repair them. Both Achilles tendons need repair and a bunch of other stuff too.

At least we know why (mostly) this is happening and maybe treatments can prevent it in the future. It's an autoimmhunie thing. Just being transparent with everyone so you know what's happening.

Speaking of minting/tokens distributed, I am considering taking some tokens from the tip bot and transferring them to tribefairy. I have over 2 years worth of distributions in the tip bot account right now and I could take out 50 or so and still have more than a year's worth (at current distribution rates). This will allow me to burn more tokens I get from the buybacks. I do count the tokens in the tip bot as circulating supply even though they aren't actually circulating and are distributed very slowly. Anyway if you notice me transferring some tokens out of the tip bot to tribefairy, there is nothing to worry about. Those tokens already exist. May as well get them into circulation a little faster. No sense in minting new tokens for that right now.