Where do you expect the HIVE price to rise during this cycle? More than $1-2? Thats my base scenario.
Btw, if I got you right, the PWR Token will be held equivalent to 1 HIVE? So it will oscillate (in Fiat) with HIVE rising and falling? How will you achieve that?
Have a good sunday too! 🙌🏻
For me HIVE at 1-2$ it's a decent target. I had to overcome a lot of difficulties last 2-3 years for being stubborn and not selling more at the top.
ATM PWR is soft-pegged to 1 HIVE. This means I'm using project funds to ''raise it up'' to 1:1 if price goes below.
What I'm going to stop doing is arbitraging it down when it goes higher (which anyway is rarer since some delegators sell every day).
And yes, this means that PWR fluctuates in fiat like HIVE does.
Ok, thanks for explaining! 👍🏻