Love and Light to all of the tremendous citizens of DCITY.io, it is I, your president, here to update you all once again.
In the last two posts we talked about the Military strategy for Tax avoidance and How to make tokens by commenting on President's Posts, two valid and valuable strategies to making DCITY fun and profitable.
Now we have talked to you before about our work to get SIM added to the DHEDGE fund. DHEDGE is now available to buy back citizens on the cheap. As we expand the functionality of the DHEDGE fund participation into DCITY, more will become available.
WHAT IS DHEDGE and WHY SHOULD YOU DO IT?
@discohedge is a ARCHON Tribe sub-project where we can pool our tokens together to operate as a whale together. We send in tokens to @discohedge account to print new actions in the form of DHEDGE tokens.
When we first started, the price of SIM seemed to be falling, and the fund pegged SIM to 0.004. Perhaps many people would rather sell directly for SWAP.HIVE, thus the fund received little traction outside of a few insiders.
Now, after working tirelessly, a new way to value SIM has been put into place! The rate will now be competitive with the market buys.
Right now the price of SIM has been a bit flat, but you can see there has been interest (upward wicks)....perhaps related to the upcoming 3rd edition announcement that GERBER has been teasing us with.
By turning your SIM into @discohedge for DHEDGE tokens, you will receive extra liquid hive interest every week as well as get to participate in the profits of the fund through an upcoming token redemption feature.
Help us raise the SIM price by turning your SIM into @discohedge for DHEDGE today!
We will continue to build and grow, using the power of math and automation, optimism and scale to play this great game, DCITY, in new and un-thought-of ways!