There have been quite a few developments in the Hive community over the past few months and the price action seems to be reflecting that. There are whispers about upcoming projects including the new launch of Tribaldex.com's new Diesel Pools (CLICK HERE), which brings liquidity pool depth to the Hive-engine token markets.
For those of you who don't quite understand what that means- you will get better prices on larger orders and don't have to worry about being partially filled.
Essentially this is a HUGE game changer for doing transactions on the Hive blockchain without any gas fees! They are expanding the pairs currently and I have already seen a bunch of token pools going up.
This means that eventually VIP token may have its very own Diesel pool once we grow large enough. This isn't currently necessary because the market is so small but if we ever sell out of the intial 100k token supply (first 11 stages) then this will absolutely be necessary to help control price swings and allow constant market depth and liquidity availability.
VIP Service is still growing its own Hive Power every single day through curation. The goal is to get back to posting more regularly since that also helps to grow the account through post rewards, but I don't want to milk it too much because that just seems spammy.
Here are the current @vipservice account stats:
- Effective Power- 17,182.92 HP ( 12,887.44 + 4,615.45 - 319.97 )
- Vote Amount (100%)- $0.21
Through continue curation efforts, the expansion of our VIPService curation trail and posting I hope to keep expanding this project daily. Please join me and others around the world in making Hive a great place to hang out again :)
Building a grassroots community of like-minded individuals who are interested in sharing knowledge and expanding their own.
The VIP token is a small but integral part of the project right now. It powers the community support account and voting program. Over time I am growing the Hive Power through delegations, token sales, posting and curating. This is a slow and steady process and it will take patience plus dedication. VIP Tokens Available Here