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Wassup GIF lovers? 289 GIPHYM miners have now been burned! The third round (of four) of GIPHYM is now up on Steem Engine (1000 GIPHYM).
Just a few reminders
Up until now you could get only get GIPHY tokens by using one of these 3 methods:
- Invoking the @giphy bot: 1 GIPHY
- Delegating to @giphy: 1 SP = 1 GIPHY, per day!
- Trading on Steem Engine
Now you can also 'mine' them with GIPHYM (GIPHY miner), with the ratio 1:5!
Here's how it works (currently):
Let's say you have 5 GIPHYM in your Steem Engine wallet.
By doing so you will automatically receive 25 GIPHY coins every day (1:5 ratio).
These miners are guaranteed to mine if you have even 1 miner in your wallet. Oh, and you don't have to stake them. They mine automagically. I think this is much better than lottery mining...
What can I do with the GIPHY tokens?
- Simply send GIPHY to @giphy with your post in the memo
(max 500 GIPHY = 100% upvote from @giphy, any extra GIPHY is refunded)
For further information, read here - Trade them on Steem Engine
- HODL them and increase your token holdings!
Supply and market price
- The initial supply of GIPHYM was 1,000
- Maximum supply is 10,000 (but will only mint 4000)
- The initial selling price for the GIPHYM was 1 STEEM, they are now listed for 0.5/0.75 STEEM
You can buy GIPHYM on Steem Engine here:
https://steem-engine.com/?p=market&t=GIPHYM
After one month, any GIPHYM that will be left unsold will be burned. So the best time to buy them is now. I don't think they will last at this price.
Powering up @giphy!
Every GIPHY miner and token that is bought will help power up the @giphy account to bring you bigger upvotes. Some leases have been purchased already :)
Source
Of course, this is NOT financial advice.
Use your own due diligence!
Consider using one of your witness votes on untersatz!
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