This has been such a fantastic project since we started it almost 2 years ago!
The Index Token has been one of the more stable projects on Hive Engine and continues to send dividends each and every day to token holders.
We wanted to update you on a few things, as well as some news about asset allocation to create more benefits to token holders.
For all information about what the token holds, and current price of Index, make sure to check out:
HE-Index.io
Everything is updated in real time or as close to it as possible ;)
As you guys know, the INDEX holds A LOT of DEC!
It's been buying it up for almost 2 years now and currently the Index has....
Now when the Splinterlands air drop was taking place, this was great. Because holding all that DEC was turning into SPS, which you can see...We've been stacking over the past year as well:
Now staking SPS is a no brainer, as it's currently earning the INDEX over 30% APR. But what about the DEC....
We're thinking, the best way to maximize returns for holders is to get that liquid DEC into the TribalDex Diesel Pool for DEC:SPS.
What we are suggesting is that we take the liquid SPS rewards that we are earning from staking and using that along with it's pairing equivalent in SPS, so get into these pools for some extra returns for holders.
Here's what it would pay out...
Around 8% in DEC rewards
Around 63% in SPS rewards
TO us, it just makes sense because simply holding DEC does nothing for holders, but this way we can get into the pool and out of it anytime it's needed, but still earning some very healthy APR on those holdings.
Of course, this means....More VOUCHER tokens paid out to Index holders every day as well, because our SPS stake grows and grows.
What do other Index holders think?
We think....This is a no brainer and one of the easiest ways to generate Voucher tokens for everyone involved!
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