August buybacks will begin in , well August .Likely the 1st or 2nd. You can place a sell order for 1.03 swap.hive if you want to make sure you don't miss it .Even though the circulating supply has decreased I am not decreasing the buy back amount, it will be somewhere between 40 and 50.
Current circulating supply: 734.5
As I mentioned in a previous post I am going to start putting some outside funds into UNICOIN project, Some of this may come through my primary account @cryptounicorn420 . I plan to deposit funds there and swap then transfer some swap.hive or just Hive. I figure the optics are better than if I send some funds from this account to my personal account. I don't want people getting the wrong idea. I've already had peple accuse me of doing things I am not doing- ain't nobody got time for that.
It will be subtle at first but mostly those funds will be used so I can do buybacks quarterly starting in October. It will be 15% or more of the circulating supply(to cover 3 months) but the buybacks will be less frequent. I may do some random buybacks in between but for the most part we are transitioning to quarterly buybacks.
After that , or simultaneously, I will start to save/hoard funds for the upcoming liquidity pool or "ponds" for PEPE folks. I will probably pair with swap.hive but I have not made a 100% sure decision on that.
I hope to have the liquidity pools up and running by the end of the year.
We will be doing some coding for the bot ths weekend. The first things is to put in a delay between transactions. This is only a few seconds and most people won't even notice. We are also expanding to a max of 100 calls a day, working on a weekly report instead of daily and of course adding CENT and a few other things. The first couple of things on the list are pretty simple. The others may take more time but we are working on it. We will do our best to distribute CENT under the same bot call, but we need to have the transaction delay working first. Worst case scenario it will be a second command, but we shall see.
The reason for the delay is the changes on Hive-engine which will require a small amount of BEED for multiple transactions in the same block. Comments, transfers etc are all transactions so we are just spacing them out a little. Adding CENT will add multiple transactions as well. But again most people won't notice the delay because it is only a few seconds. It may take 30 seconds or so to see anything after calling the bot which most people won't even notice but it won't be quite as "instant" as it is now.
One question I have for the community: Which tokens do you want to see as liquidity pool rewards? Please feel free to suggest several tokens. CENT will be one, swap.hive, pepe , slothbuzz and some others are planned, but there will not be UNICOIN rewards in the pool , unless someone can convince me otherwise lol.
I want people to be excited about the rewards and am not going to put many if any "junk" tokens (unless for some reason people really want a particular one). The point of the pools is to create value not fluff it with tokens no one gives a crap about. That said I will consider lesser known tokens that have a purpose.
That's it for today's update. ❤️🦄