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This post is not financial advice if you decide to follow what I am doing you do so at your own risk.
What if I told you there is a token on Hive-engine that guarantees buybacks at the original selling price? This token also buys back a percentage of the circulating supply at a profit to the seller every month(soon quarterly).
Can you guess which token I am referring to? It's UNICOIN @uni-coin . Full disclosure it is my token, but everything I said is true.
I am not going to get into all the details here but you can find them in this post
This is a unique feature I am not aware of any other tokens that are doing this. If there are any please let me know as I would like to buy some.
You may be wondering how UNICOIN can afford to buyback all the tokens. The answer is simple. All tokens are backed by HIVE holdings , mostly HP, BEFORE tokens are minted. Also regular burns occur decreasing the circulating supply.
By backing all tokens with HP (and some other hive/ hive engine assets) this is actually easy to do.
At the time of this post there are 691.5 tokens in circulation. At the moment roughly 130 of those tokens are for the tip bot.
HP is 1469.4 . There is also liquid HIVE, some HBD and some hive-engine tokens backing UNICOIN as well. I could buyback every UNICOIN in existence and still have about 800 HP and other assets remaining
If someone is hodling a lot of tokens and wants to sell them back to UNICOIN they may need to wait for a power down but they will get their funds. This of course has limits to prevent abuse, but it really is that simple. Basically every account gets 1 guaranteed buyback. Please refer to this post for more details
This virtually eliminates all risk to buyers/hodlers as long as they buy UNICOIN for 1 swap.hive or less they can't lose.
You can also "mine" UNICOIN by delegating at least 25 HP to @uni-coin and using the tip bot (a tip in UNICOIN and soon CENT is sent to both the sender and receiver). The tip bot is HP delegation based -also a first for HIVE. This pays for the UNICOIN distributed through curation.
Humble brag - it's kind of a genius system , really.
Oh and did I mention diesel/liquidity pool is coming in the next few months ? With sustainable rewards that increase over time unlike other pools that start strong and fizzle out. Nope, the UNICOIN pool(s) are designed to grow in rewards over time until they reach about 20-50% APR consistently.
I say it's magical.❤️🦄