Hey all, as most of you know we have committed to paying out around half of the projected buy wall by the end of the month before we up a level in price. Most of you that hold Legion (LGN) will see that you've had some lovely hive payouts for the month.
This month we had projected that we would be burning a good 4000-8000 Hive. Interestingly enough no-one actually grazed our buy wall for the entire month apart from a large sell off at around 1300 Legion yesterday. That being said we had less to burn than we did in January, so well done guys & gals.
That means there was an absolutely huge sell wall to be sent out this week, and I wanted to surprise all of you with it rather than tell everyone it was coming.
There were some BIG winners this month, congrats to @opidia who spent almost the entirety of last month buying up Legion and trying to get top holder place:
Also @stickupboys who spent the entirety of last month buying up Legion for their projects in the coming months, a mahoosive payout for them:
So it's back to the grind after that.
Tomorrow (1st February) Legion (LGN) will move to 1.2 Hive and we will see where that takes us.
Our balances are looking healthy:
We own 16+% of the swap.hive:bxt pool and earn a good 3-4 bxt per day which we stake.
We have over 5000 EDSMM which earn us EDS daily which earns us hive. We never plan to touch those and just let them grow. We also stake a big chunk of bxt too.
We also have various off chain investments which I will get to in better detail in a monthly finance post.
That's it for now, but lots of work being done on the horizon and behind closed doors. If you check out @stickupboys they are in the middle of designing sinks and lots of different cool stuff that will utilise Legion in the near future.
Me? I'm just making sure that Legion can eventually pay for itself and then the real work will begin!
What's Next?
Well, there's a few plans up ahead for both the BRO & Cine discords but I can't say much. It will involve YOU and you guys will get to feel like you are a deeper part of our community.
Cine will be going hand over fist in the marketing department and getting the Cine feel out there. FINALLY! Some glorious attention on Cine. Yes, in a week or two we will really be going at that hard - so stay tuned for that one.
Also stay tuned and keep an eye on @stickupboys to see what they have coming up for Legion in the coming weeks and months.
Peace out!
