GLITTER Update

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This post is not financial advice

I will continue with the HSBIDAO comparison next week. I will be pausing these posts after that. I have other stuff going on and have an update on GLITTER and that will take priority.

Some of you may have seen the teaser post on the Hive account@uni-coin account. I am not going to get into too many details here yet but this new project does involve GLITTER.

GLITTER will be one of the main reward tokens in the new LP related to the upcoming project. The primary reward tokens will be swap.hive and GLITTER but of course more tokens will be added. these are jsut hte priority,

I will likely start that new pool with more swap.hive first to hopefully attract more people to the LP Most folks out there don't know what GLITTER is or that you can sell back the tokens at a profit. So we will lead with swap.hive and as the pool progresses more GLITTER will be added and less swap.hive . Again other tokens will be a part of the reward pool too but these will be the primary tokens.

This is still a month or two down the road. Just letting y'all know what's planned for the future.

I will always have some swap.hive as a reward but it won't always be the dominant token.

Both the Hive account@uni-coin and this account are in excellent standing. I will be moving around some funds and yes that includes the HSBIDAO tokens after next week. This account is at the time of posting backed by 3-4 times the HP (I stopped counting once we reached those numbers) and Hive engine assets to back each token. We have some wiggle room. The same or similar can be said about UNICOIN which last time I checked HP alone (when counting Hive account@tribefairy) is backing 2.2 times the tokens in circulation. That is not counting other Hive-engine assets. Overall UNICOIN at the time of this post is backed by over 3 times asset/token ratio.

This is all fantastic and some of the assets on these account will help launch the new thing. These accounts are all designed to build and help each other. It helps everything go a little faster.

That's it for the update. keep and eye on the Hive account@uni-coin account and eventually the Hive account@pixydust account for details on the new project. Things are moving along. thanks to everyone for your support.
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Oh and if you are wondering I'm not opposed to once in a while doing more HSBIDAO vs curation comparisons, it just may be using a different account's assets and HP. I would like to compare higher HP to HSBIDAO tokens and eventually will be able to do that on one of the other accounts. This is a secondary priority until the new project launches then i can figure something out (even if that something is building up this account a bit). It won't be as regular as the comparisons are now but I may do occasional 2 week comparisons throughout the year. I find this data to be interesting and a few folks agree and like these posts.