The PEPE token community recently fired up an idea about burning PEPE tokens for PEPE Dollars...
While we are going to look into a smart contracts for this. The Hive Engine / $BEE team has a contract that does this for the $BEED, BEE Dollar. So this seems like a great idea to implement with the technological possibility as well.
Offering to allow users to burn PEPE tokens to mint and get a / some PEPE dollars. While also burning PEPE tokens to mint some to kick things offer and start a market. While initially tradeable in $HIVE, we will see to create a $PPDLR:$HBD pool. Also with twenty (20) $HBD gifted from @pepe.voter of which half was used to create the PEPE Dollar and as a thanks over twenty Milly PEPE in Power has been delegated.
It currently takes 279,915.93503272 PEPE tokens to swap for one $HBD using TribalDex. So we may use this for today's rate at 280,000 PEPE tokens per PEPE Dollar.
Burning 28,000,000 PEPE tokens to mint the first 28 PEPE Dollars. These may also be offered in part in a PPDLR:HIVE market at tiered levels. Listed at about $1, but may change in to a good deal as the price of $HIVE changes.
To get PEPE Dollars (PPDLR) burn PEPE tokens by sending to @null in amounts of 280,000 per PEPE Dollar to get whole numbers of PEPE Dollars. Then leave a comment on this post and tag @pepetoken so that I may be notified and know where to find notice of such please and thank you.
Appears that 3.21661082 is the $HIVE cost of one $HBD. So the first PEPE Dollar (PPDLR) may be offered for this amount of (in) $HIVE tokens.
Froggie Dollars Feel Good Man!
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Very nice. A new utility for Pepe token.
!BBH
Yes. Berry noice !INDEED man! !WEIRD !BBH
FIRST!!!
!LADY !BBH
(I'm pretty sure I was also first to trade #ZING when it hit the market.)
Yes you were, you beat just beat me. This tiem I was (only) first in placing orders. !BBH !INDEED !WEIRD
View or trade
LOHtokens.@kenny-crane, you successfully shared 0.0100 LOH with @pepetoken and you earned 0.0100 LOH as tips. (1/5 calls)
Use !LADY command to share LOH! More details available in this post.
Hello @pepetoken fren! 😀
Not sure about where the commas are in that second quote. 😁
Anyway, just burned enough PEPE for 3 PPDLR. Please send to kennybot asap. Thanks!
!PIZZA
!LOLZ
lolztoken.com
He doesn’t want to be spotted.
Credit: reddit
$LOLZ on behalf of ieronimus
(1/10)
Delegate Hive Tokens to Farm $LOLZ and earn 110% Rewards. Learn more.@pepetoken, I sent you an
$PIZZA slices delivered:
(1/5) @ieronimus tipped @pepetoken
It's happening, it's really happening! I'm the proud owner of 1.00 PEPEDOLLAR!
!BBH