We continue to autobalance and compound our way to success over on DexFinance, YIELDforge is doing work and you can reload it five times a day as well over on our pro deBank profile.
Last night I checked and we were at 1.26 HIVE per YIELD, but let's check today at 7am:
Ooof I have seen our number over 8k, and under 7k, but this might be near our "dollar lows" for this month. HIVE is off our price by a hefty tumble as well, let's see what the math tells us:
6875 dollars over 14474 YIELD tokens is 47.5 cents. What does that mean?
1.25 HIVE / YIELD!
Wow, I was thinking this would have moved more from last night, but it seems that our strategy is "doing the work" and most of these movements are from wider market volatility.
And we think there will be more to come in that department!
What does this mean?
I recently wrote an update about the market game, and got "some" feedback, there is still a bit of time before decision making become necessary, but let's do a thought experiment today.
If "today was the day", how would it work?
With lower USD value that we started with, a strict interpretation of our launch post would seem to indicate no dividends.
We could however "rebase" to 1 HIVE, sending each YIELDteam member 0.25 YIELD for ever 1 they hold now.
Rebasing and then potentially doing a new raise, at 1 HIVE per token for fresh capital.
After rebase, the Hive-Engine market buy orders would work like a dutch auction as the new "raise" gets listed at 1 HIVE.
Does this make sense to everybody?
What would you do differently?
now at 9:40 am it looks like this:
Let's Discuss!
See you next week ~