$THGaming Tokenisation storms ahead of schedule. Token Delegation Upgrade on Monday!
Threshold Guardian Gaming has reached another milestone as we prepare to upgrade the $THGaming Token 'Delegation mechanism' way ahead of schedule. This added Token utility will enable $THGaming investors to Delegate their staked $THGaming tokens to a specified account; thus preparing us for the final stage in our Token's Phase 1 Evolution: The addition of our Curation Bot. This Curation Bot will be the engine that drives the THGaming Hive Community and our future Tribe.
For those new to the Hivechain, or just wanting to figure out all of this 'Staking and Delegating' talk, please read this short post Stake Hive and Earn Rewards, by @achim03.
Important Short term Dates to watch out for
Feb 1 - $THGaming Token - Minted
Feb 7 - $THGaming Staking Upgrade Enabled
Feb 14 - $Swap.Hive:THGaming : Diesel Liquidity Pool
Feb 21 - $THGaming Token - Delegation Upgrade
Feb 28 - First look at the THGaming Website
March 1 - Major announcement
March 15 - $Hive:$THGaming LP Rewards Pool Boost
April 15 - $Hive:$THGaming LP Rewards Pool Boost
Is the $THGaming 'Phase 1' supply drying up?
Below we have listed a few salient points to consider about the $THGaming Token supply.
At last calculation, a minimum of 77% of $THGaming Phase 1 Tokens are being held in:
(1) Minting and Developer wallets
(2) The HIVE:THGAMING - Liquidity Pool (LP)
(3) Long Term holder Wallets aka 'Safe Hands'Only 1.7% of the Token Supply is currently available for purchase on the THGaming TribalDex Exchange
18.72% of the $THGaming liquid supply is already staked in the SWAP.HIVE:THGAMING Liquidity Pool, with an APR in the 200% range. The Liquidity Pool 5 day volume : $2,502
We are in direct communication with many of our largest investors and they are all saying the same thing, "We are adding to the LP!". This is a free market however and investors that own $THGaming are not beholden to us in any way; however we believe that the LP Rewards right now are very attractive, and we will keep boosting those rewards to keep our Liquidity Providers earning.
Long term holders of the $THGaming token should see a gradual increase in the price as the liquid supply dries up and rarity increases. At this stage a Long Term Holder is someone willing to HODL 95% of our token for 3 months or more.
Please trade safely and only invest what you can afford to lose. We recommend converting a percentage of your profits into $HBD (Hive Backed Dollars) which is a stable coin and will not decrease in value (much) even if Bitcoin crashes and the #altcoin market follows suit.
We are two thirds of the way towards Phase 1's Goals.
For those who haven't read our previous Community Posts, our main Phase 1 objective is to provide utility to our Token by financing all upgrades needed for automatic curation (tipping) rewards. This will enable us to easily curate people for posting in our community or creating great #gaming and #crypto content on the #hiveblogchain.
We will also be able to automate payments -from a $THGaming Token Reward Pool- to investors delegating $THGaming or Hive Power to our curator account. Most of the big Hive Tribes already offer delegation rewards for delegating power, such as the @oneup-curator which offers daily rewards for delegating $Oneup tokens, or #TheAlliance which gives curation benefits for delegating a minimum of 10HP to the @TheAlliance account.
#oneup #thealliance #delegation #curation #passiveincome
In case you missed our last post, we have incuded the most important information below...
$398 (USD) in Tokens added to the $THGaming : $Hive 100 Day LP Rewards pool
17 Feb 2021
⬆️ Diesel LP Page on Tribaldex - search for "THGaming" to find our $Swap.Hive Liquidity Pool
>> Detailed $HIVE:$THGAMING Liquidity Pool information can be found at beeswap.dcity.io <<
Since the $SWAP.HIVE:$THGaming Liquidity Pool (LP) was created on February 14th 2022, 6 days ago, we have seen $2504 Volume (USD value) flowing through the LP, which caused the Tribaldex market sales to briefly decline. Investors are able to get $THGaming at a cheaper price in the LP, and because it is a swap pool they are not restricted by "what is available on the market". However with the price of $THGaming reaching $0.0008 in the Liquidity Pool (as so many people are swapping their Hive to get more $THGaming tokens) people are finding great deals on the open market again.
I wouldn't be surprised if traders are already swing-trading the Token price differentials between the LP and Tribaldex open market.
Reward Pool Boost Schedule
Rewards will be added on 15 March 2022 and 15 April 2022
Below you will find the minimum rewards to be added to the HIVE:THGAMING Liquidity Pool, based on current market prices. @THGaming may increase the contribution, scaling with the Token price and Liquidity within the pool.
- 650 000 x $THGaming = $455
- 835 000 x $Pimp = $1200
Total Value = $1655
If you are new to Liquidity Pools (LP's) please read this post by @mozzie5 which explains what they are and how to offer Liquidity in pools on Tribaldex. It's really not too difficult and is a great way to earn a passive income from exciting Hive Platforms like @oneup #oneup or @Psyberx #lvl 🚀
Offering value to our investors is of utmost importance to us. Our first LP is active and after 6 days is functioning at a surprisingly high volume - over $2500 USD in swaps this week. Some of our smaller Liquidity suppliers (mostly gamers) have been messaging us on Discord, blown away by the rewards tokens they are already receiving. We have our awesome sponsors to thank for that!
All $Hive and #hive-engine tokens received by the @THGaming and @jim-crypto accounts will be invested back into the $THGaming Token and Guild development. No profits will be taken by the "minting team" until phase 2, when the economy is more established and a level of autonomy reached within the Guild.
WRAP-UP
We love providing a Liquidity Pool passive income to long term holders of the $THGaming token, and have budgeted for $3528 (current Hive value) of Rewards to be added into the LP over the remaining 95 days. We will actively monitor our Swap.Hive Liquidity Pool and adapt accordingly.
Even more utility is coming to Hive's newest and most diversified play-to-earn gaming Token, so please be patient and know that we are working in the background to stabilize the $THGaming Token price before we take our Hive Token out into the wider gaming and investing world.
The End
Official Social Media Links
Devs, Gamers, Collabs of #THGaming : @dynamicrypto @entrepidus @captainquack22 @jbtc19warrior @stickupboys @daddyspardan @beffeater @oneup-cartel | #THGaming #play2earn #gaming #guild #ico #liquiditypool #autonomy in the #metaverse
Post rewards will go towards powering up $HP and funding $THGAMING's ongoing development.