I am going to discuss tentative ideas and plans in this post. Nothing here is set in stone. This is more of an outline/brainstorm but I am looking for feedback. This post is not financial advice.
Just for giving feedback, I will send everyone that makes a thoughtful comment in the next 7 days 50 ecency points as a thank you. 1 per account.
Adding CENT to the tip bot. This seems to be a popular idea. I have thought of adding another token since before UNICOIN launched. There are two ways we could do this that I can think of from a technical standpoint. We have a few other things to do code wise, but this is easily solvable.
The long term issue is sustainability. Like everything with UNICOIN it needs to be sustainable. Here is my plan:
Increase holdings in the CENT diesel liquidity pools. I have a good idea which pools to jump in and how much is needed from my primary account. I basically need to multiply those holdings by 1.5 and that would get us started.
This can be funded by using the HBD from posts and swapping and adding to the CENT liquidity pools(not just the HBD pair). Powering up some CENT as well, but mostly putting funds into the diesel pools.
This is all easily do able.
The catch? If I add CENT to the tip bot, the amount of UNICOIN distributed per call will decrease. This is because it will cost resources to maintain these diesel pools. Everything here needs to be balanced ,sustainable and paid for.
Comment below if you are interested in adding CENT to the tip bot (tipped to both parties) knowing that the amount of UNICOIN per tip will go down to balance it out? Let me now in the comments. I am especially interested in hearing from delegators or folks who are considering delegating.
Another thing on the list is creating a UNICOIN diesel pool. Not for price stabilization though. Price doesn't matter here, though arbitrage is fun . It would be more of a way for folks to earn rewards in the pools while also spreading the word about UNICOIN.
This is a long way out. To set up the pool costs 1000 BEE plus I'd need to make sure there is adequate liquidity and rewards.
We are not there yet income wise. I can't justify the cost of setting one up- not yet anyway. I do have a plan on how to start building it over time -essentially leveraging other diesel pool rewards to help fund it. Increasing our holdings in the CENT pools (and other pools)can help with this as well.
We'd need about $1000 in total assets including pool rewards, BEE cost, initial liquidity etc to set up a pool and we aren't there yet. That's not a good or bad thing , it just ...is.
It is something I am planning on. Like all things here, there is a method to my madness. I see it simply as a goal to work toward.
Adding CENT, to the tip bot if that's what folks support , shouldn't take too long to implement.By that I mean in the next couple of months likely. Please let me know what you think about adding CENT and the trade off below.