RE: Deep Dive-What happens to UNICOIN If HIVE Price Rises
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If I understand correctly, 1 UNICOIN is equivalent to 1 HIVE?
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If I understand correctly, 1 UNICOIN is equivalent to 1 HIVE?
Yes, but with a twist. UNICOIN are only minted once they are backed by HP/Hive (on this account and a few others associated with this account). There will also be buybacks for more than one swap.hive (starting at 1.01) shortly after the presale ends. There are also HSBI exchange events where folks can exchange their UNICOIN for a 20% HSBI bonus . Say you exchange 5 UNICOIN during the exchange event you will receive 6 HSBI. I have this all explained in detail in pervious posts but that is the basics.
Yes, UNICOIN is pegged to Hive but is worth slightly more than 1 Hive. !UNICOIN