Welcome to another SCV update and burn post, we enjoy being able to burn the token every week as it makes our stake more valuable.
We also wanted to keep the community up to date with the tokenomics and dividends. Remember we own 2 Splinterlands community validators and that is where the profit come from. However we also use the rewards from
this post to support the project.
Remember we have a buy back and burn in place weekly and also we use some of the dividends to create a buy back wall giving you liquidity! We split this 50:50 between the two.
Current Price
The current price is strong considering the initial buy in price was 0.01
Our guaranteed buy back wall is at 0.02.
However it is great to see that others already value the token higher than this.
Dividends
All SPS rewards are being used as dividend payouts.
Dividends are distributed multiple times a week
All Voucher rewards are being used for buybacks. This current format is insuring investors are getting a very good return and tokens are also being bought off the market and burnt which is keeping the token price slowly trending upwards.
Note: Token price has never got close to dropping towards the initial buy price it has always remained atleast 2x. We are confident no other token can claim that.
Token stats
As you can see we have already burnt a substantial amount of tokens and we are working clearly to the plan.We love burning the tokens as it gives more value to everyone and there is 0 inflation on this token. The current token stats are as follows:
Total Supply
10542276.4065
Circulating Supply
955515.0680
Burn time
This week we are burning 3949.47 amount of tokens this will help to increase the dividends to all
the current holders. Burn baby burn!
Community holders
We wanted to tag community holders to keep them informed of the projects progress.
If you have any questions then please come to the Hive Builder discord where we are always happy to answer questions: https://discord.gg/brKA68FC or go to our website for more information about all of our projects: https://hive-builder.com/
If you do not want to be tagged in future updates then please let us know in the comments
and we will remove you.
Burn post are done once a week
@votebetting
@gringo211985
@dera123
@punger
@amr008
@mathfortress
@stickupcash
@socialmediaseo
@seniorgracz
@axeman
@hetty-rowan
@sra1992
@qam2112
@bozz
@cryptokim03
@bala41288
@scummzen
@otherbrandt
@beststart
@sunshinesoul
@cwow2
@hatke
@ash
@rachaeldwatson @cliffagreen
@btcsam
@mcoinz79
@darmstrong
@melinda010100
@hirohurl
@cmmndrbawang
@ijat
@maxxxam
@ecoinstats
@papacrusher
@yeckingo1
@synergized
@dadspardan
@dlmmqb
@zealous4ever
@wdougwatson
@dynamicrypto
@jsynnthagr8
@zorne
@jin-out
@tauforlife
@postapocgamer
@hoosie
@slicense
Though the earnings are very low and doesn't come in daily, it's a good project. Wish you success.
!PGM
Returns were over 50% apr but with the drop of sps and voucher prices this has been reduced however the token price has increased over 300% from launch.
The earnings are due once a week but we send out multiple times if we have the rc available
Ok, well understood, I like transparency though. Will keep supporting the project in my little way. Am planning rewards project on my first hive account, I'll add your token to the reward scheme. That might help create more awareness of your initiative.
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
I !LUV my scv tokens🤗🥰
I like my tokens. But I love my bar. ;)
I had a favorite bar years ago.. It closed down😞 the rest in town just not the same. I stay home now lol
!LOLZ
lolztoken.com
He had no Monet to buy Degas to make the Van Gogh
Credit: reddit
@thehive, I sent you an $LOLZ on behalf of @rachaeldwatson
Are You Ready for some $FUN? Learn about LOLZ's new FUN tribe!
(2/8)
@rachaeldwatson(1/4) gave you LUV.
tools | wallet | discord | community | <>< daily
HiveBuzz.me NFT for Peace
good work!
No Tags please.
Where can I spend the SCV and make use of it instead of just turning it to HIVE?
You can only sell it for hive then spend the hive, it's the same with all hive-engine tokens.
No tag, no problem 😊
Thanks.
I will add this account to my trail get a couple more pennies on a post.
Much appreciated