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This post is not financial advice
I asked folks which token(s) they would like this account to concentrate on and it was a close vote but PIMP won, with BEE taking a close second.
I have started adding PIMP this account receives to the LP. Not long ago during the weekly chat someone asked which is better for PIMP to stake or LP and the answer was LP so I am going to concentrate on that.
This also means that during the upcoming exchange event folks will be able to swap PIMP for UNICOIN and vice versa. I still am working on the details of the exchange event. A couple of other tokens will be available as an option as well.
10% of the tribe tokens received during this event will be burned. The exchange event will take place after the scheduled buybacks, however if more than 10 UNICOIN is exchanged , as in folks swapping another token for UNICOIN , I will do another smaller buyback for the folks who just want the 4% bonus.
Details on this will be released soon. I am not sure how often I will do this. It's something new I am testing out. it could be that no one participates, and that's ok, too. I won't know until I try. I expect it to be sometime in mid-late January but will give more information once everything is set up.
Even if no one participates the tribe/token owners will benefit because I will be purchasing tokens from the market. There will be 3 token options and I will buy/obtain 10 HIVE worth of each token (possibly more if that token is popular for the exchange)Any tokens remaining will either go into the UNICOIN LP or be powered up, held or put into other pools-whichever is most beneficial.
For folks who are trading UNICOIN for another token there will be a small bonus (based on the buy price at the time), likely about 5-10%. I will also be burning 10% give or take of the tokens that come in to the exchange.
