Token value update, news and dividend distribution token SORT ~10~
The month of February is over and it's time to take stock of the progress of the shortest month of the year. This is going to be a slightly contradictory report because it has been a fantastic month but in numbers it may not seem like it. That is because the SORT token is referenced to Hive and has a position in HBD to protect us from downgrades. But when Hive goes up the value of the token goes down even though it is worth much more in Dollars.
This has caused the token to drop in value on Hive this month to 1.47, although in dollars the value has increased.
Dividends remain very similar to last month and we have greatly increased our voting power, especially thanks to HP delegations.
Here is a small summary of the good and bad of the month.
Good things:
- Hive price is up almost 25% this month
- Our HP's growth continues strong.
- We have increased the delegations.
- Pools continue to grow very well.
- We see many good opportunities in the market.
Not so good things:
- We were unable to sell more tokens.
- We lack liquidity to be able to take advantage of opportunities
- The market does not seem to pick up the value of our assets.
SORT token dividends remain stable for another month. The distribution will be made during the next 24 hours. Stay tuned to your accounts.
And without further ado, here are the important data you were expecting:
- Token value per asset has dropped to 1.47 Hive.
- Dividends remained stable for SORT token holders at 0.0061 per token.
- Starting this month, the token will only be sold at a value price per asset. The only way to get it at a discount will be to delegate HP to the
@lasort account.
Many of you have asked for the possibility of getting the token in other ways than just buying it on the market. Well today I am going to present the first of them, the HP delegations.
Starting today you can delegate your HP to the
Requirements:
Delegate HP to
Minimum to delegate 10 HP
Benefits:
90% of curation returns are paid weekly to delegators in SORT tokens
10% of the returns will be accumulated for a special raffle among the delegators.
Dividend distribution token SORT
- All those who have more than 10 SORT tokens are entitled to the distribution.
- Payment is made by blocks of 10 tokens. That is, if you have 12 tokens you are entitled to a payment on 10 tokens.
- Payment is made in Swap.Hive this month.
- Each token will receive a payment of 0.0061. It's not bad but we are at the beginning of the journey and it will continue to increase.
- I update the value of the token which is already 1.47 Hive per asset value.
- Payments will be made during the next 24 hours.
Returns:
- The main one is the raffles that represent 50% of distributions. More than a thousand annual awards. Yes, more than 1,000 annual awards!
- Value of votes $0.03 once a day among the participants. The vote is not guaranteed and the publications have to have a minimum of quality.
- The current dividend yield is 7.25% per annum
- The asset value of the token is 75.25% higher than the pre-sale price.
Beneficiaries:
If you like draws and you like to receive dividends, the token that has everything "SORT" has arrived.
Perpetual lottery ticket that distributes dividends 1 Ticket for every 10 Sort Tokens Gives the right to participate in multiple raffles without the need to sign up.
You can purchase your Sort tokens here:
https://hive-engine.com/trade/SORT
Token Sort White Paper
TOKENOMICS of the SORT token in detail.
SORT Token Utilities
Use of resources obtained from the sale of the SORT token
Use of the returns obtained by the SORT token
Draws for pre-sale buyers