The Tip Bot is fully Self-Sustaining


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This post is not financial advice.

I also want to state this is in addition the this account's holdings. I am specifically talking about the tip bot account ,which has less assets than this account.

I am happy to announce that the @tippybot account is completely self sustaining, that is based on usage right now and there is not a lot of margin to play with.

This is amazing news.

CENT production. CENT token production (aka earnings) is about 50% of usage. I am slowly increasing that as positions in the LPs grow.

That account is also earning other tokens and combined those tokens pay for the UNICOIN distributed and the remaining CENT tokens needed (based on current swap.hive prices and bot usage).

Right now the tip bot is just barely hitting these numbers. That's neither a good or bad thing, just what is.

The quickest way to increase the income on that account is LP rewards. I am not only adding more to the CENT LPs, I am also buying CENT tokens and UNICOIN to get ahead/replenish what is being distributed in tips.

If things continue at this pace I should be earning all the CENT needed on the tip bot account by the end of the year. I am already earning the CENT needed on this account. I didn't need the tip bot to be self sufficient but since it is it's adding more stability. The @pixybot tip bot for PIXYDUST/HSBIDAO is also self sustaining. It was designed that way from the start just took a couple of months to fully get there.

When/if the tip bot account continues to grow I will first buy up a surplus of UNICOIN. There is already enough UNICOIN and CENT tokens in the tip bot to cover at least a year and a half worth of tips but I'd like to have about 20 or so more UNICOIN tokens on that account just for an extra buffer. I'd also like about 5000 more CENT but most of those will be paired in the LPs. I will use excess funds to buy more UNICOIN and CENT first. If there are still funds leftover I will send them to this account and likely convert them to swap.hive or HSBIDAO tokens.



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