VIP token will soon receive some more market maker limit orders to fulfil any sell side liquidity. In order to accomplish this the @vipservice account is initiating a powerdown of the account to gain access to some HIVE. This will then be bridged over to SWAP.HIVE for hive-engine limit orders.
This summer will mark our four year anniversary of providing community support to small content creators all around the world. Our goal always has been and always will be to help foster the growth and adoption of the Hive blockchain network.
We have grown as a project to have 30 active token holders and over 2227 Hive Power backing 2025 VIP tokens issued- which represents a 1.1 HP/VIP ratio (NAV). At market price 1.1 we will offer sell orders at exact parity reprenting our equivalent network influence.
Our max upvote is currently worth around $0.04 HBD with 37 cent Hive, and we offer a daily upvote to our content creators who hold VIP passes (100+ VIP). With the 50% curator-author split and 365 posts a year it would be possible to achieve roughly 20% APY on our project.
We are also holding some PulseX tokens on PulseChain since the project airdropped us this week. The launch was not profitable as our holdings of 8,373,036 PLSX are only worth around $105.60 according to Dexscreener and we had sacrificed $815 BUSD in January 2022. The goal will be to stake these tokens once PLSX single-sided staking begins and perhaps to swap some tokens out for PLS required for gas, while we wait for the price to appreciate.
Additionally we have secured majority stakes in the WEPIX and BRK token ecosystems which give us tremendous bargaining power moving forward in these projects as well.
VIP has a very bright future and so do its holders! There are many suprises to come to our loyal community, especially those who have shown unwavering support.
Keep your eyes peeled for more posts from VIP as we push into the future with IceBreak- the latest and coolest new tribe on Hive!
Posted using IceBreak