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This post is not financial advice
Just wanted to do an update nt he tip bot account and the CENT pools. I am slowly increasing the amount of liquid CENT as well as the CENT in the pools. I am using income from the tip bot account itself to buy the tokens.
I do have an update- When using the tokens I receive as income from the LP rewards, curation etc the account has more than enough CENT income to sustain itself. In fact just the tokens I get for LP rewards if I were to swap them all for CENT it would be enough as of right now.
I also am slowly buying some UNICOIN from the LP to top off the balance. I can do both with extra tokens to spare. This is excellent progress.
I will continue to do what I am doing, increasing my holdings in the CENT and other LPs to keep the tip bot account 100% self sufficient.
This means that the tip bot account itself is now earning enough to pay for new UNICOIN token mints if that ever were to become necessary. This is huge news when you think about it. I am not minting new tokens right now but if I needed to I could and use the funds from the tip bot to pay for them.
I don't know of any other tipping tokens besides PIXYDUST that can make this claim. If you know of any please let me know.
This didn't happen by accident. It is all careful planning trying out different strategies and leveraging earnings. Yes there is and has always been a method to my madness. I do things differently not to be different but to fix issues I see with other tokens before they happen. I like to be prepared and get ahead of problems before they even happen.
Is it scalable? Yes. In fact I am going to continue adjusting the LP holdings regularly for a while to get ahead in case there is a surge in bot usage. This way there is wiggle room . That would be a good "problem" to have. If for any reason there is a sudden massive influx of users the tip bot, I would simply use some earnings from this account transfer to the bot and scale up LP holdings to generate more token income if that is necessary. A good "problem" to have . Remember the tip bot is stocked for over a year of usage even without any income coming in.
I also have a small placeholder amount in the PIXYDUST/HSBIDAO pool. I will use some excess funds to buy tokens and put more in that pool and other pools over time.
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