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This post is not financial advice
I have decided to do the info and vote post here as one post. Separating them seems to cause confusion. If you have any questions , feel free to ask.
We are voting on the monthly buyback budget. This vote will be revisited every few months.
A couple things to keep in mind while casting your vote.
We have a small amount of tokens , about 52 to be used for buybacks right now. To keep things simple I will also be using up to 100 more tokens from the pre sale to put into this budget. That amount depends on what the decided buyback budget will be. I also may convert those swap.hive into HSBIDAO tokens temporarily to be able to earn interest on the tokens. I will convert them back when it's time to use them. They don't earn any divs just sitting in the wallet as swap.hive.
Soon after this vote we will be voting on whether or not to delegate out HP or do power downs (or a combination of both)to pay for the buybacks. Some earnings form post earnigngs may be used for buybacks as needed. Voting on whether to delegate out and where to will be separate votes, however ,it is connected to the buyback budget so please keep this in mind.
My personal opinion: As much as I'd love to start with a large buyback budget after this round those funds need to come from earnings. I think it's best to have a low budget buyback at least this first round. What we decide in terms of delegating out vs powering down will have a long term impact. I think we should as of right now delegate out as much as possible to reduce the need for powering down to allow the account to grow. This will be a separate vote.
Keep in mind we will revisit the buyback budget in a few months and can vote to increase or decrease it.
We are voting on the max budget per month. If folks aren't selling their tokens and the LP is balanced, we may not use all of the funds each month. Unused funds will carry over into the next month.
Deadline to vote is 7 days after the post goes live at payout.
The minimum tokens required to have in wallet or LP to vote:
1.5
You may vote with up to 3 accounts provided they each have the minimum amount of tokens required.
If there is a tie, the average number of the two options will be chosen.
Please choose from the following options
Option 1: 20 swap.hive
Option 2: 30 swap.hive
Option 3: 50 swap.hive
This will be the monthly buyback budget for the next 2-3 months (approximately)
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Folks who opted into being tagged. Being tagged is optional, but you may want to opt in so you don't miss any voting rounds.
@sylmarill
@enginewitty
@rajpootg