Following are the main issues with defi projects and related tokens
All defi tokens start off low increase in price and almost all end up low or lower than before
All defi tokens start with a high unrealistic Apr and almost immediately the Apr drops and keeps dropping
When its time to sell the liquidity just isn't there, this is especially the case on hive-engine. Take any token on hive-engine as an example if you buy now and sell immediately you will lose money in some cases a lot more than others but on every single token you will lose money.
"Not on dec" i hear you say
At current 100k dec bought and immediately sold you incur a 3 hive loss(time of writing)
This is where the Defi token comes in
Price
Is pegged at 0.1 hive per token which means you buy at 0.1 and you sell at 0.1. It is not advisable to buy at a higher price than 0.1 and you wont be able to sell any cheaper(refer to liquidity)
Unlike all other defi tokens that start high and continually drop there Apr, Defi token starts low and keeps increasing. After purchase you start at 10% Apr paid out daily in defi tokens which are added to your balance.
Week 2 Apr increases to 11%
Week 3 Apr increases to 12%
....... Fast Forward
Week 28 Apr increases to 38%
Week 29 Apr increases to 39%
Week 40 Apr hits 40%
Within 2 weeks of launch a buy wall will start to take place at 0.1 hive (same price investors bought at) this will continue to build and will fall in line with the end of the Defi tokens payout structure. This means when you want to sell you can at no loss.
Once Apr has reached 40% dividends will stop and everyone will be able to sell there tokens and get ready for phase 2.
If everything goes well in phase one with no issues phase 2 should increase at a quicker rate.
To many newbies to hbt 40% Apr may sound a little crazy considering there are no risks involved. In that case please refer to our previous posts where our Apy was way over 100% closer to 200% every single token was bought back. Not 1 singe negative comment in all our posts other than some sceptics early on which soon had a smile on there face and we will reach them heights again throughout this coming year.
90% of our funds come from off chain. This was a first on the hive blockchain and this gives value to the blockchain as a whole.
After week 1-2 there will be enough buybacks for all new tokens minted and will grow steadily until all tokens purchased and earned have a 1:1 ratio in the buyback wall.
All fundamentals of the token are same as the HBT token. If you have been following HBT you will know about previous stages how we generate funds how much we have paid out.
If you are new please refer to our previous posts.
The initial token sales are live on hive-engine
click to buy DEFI token on hive-engine
If there are no more tokens on sale in hive-engine just reach out to us and we can help you with that at the same rate as everyone else.
Any question please leave a comment or even better and more efficient join us in discord
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