Announcement: CENT has been added to the UNICOIN tip bot

This post is is not financial advice.

We did it. Finally we have added CENT to the tip bot. Now every time you call the bot both sender and receiver will receive .002 UNICOIN and 1 CENT.

If you are new here, we do things a little differently at UNICOIN. Instead of needing to hodl or stake tokens, tip bot calls are HP delegation based. 25 HP delegation to @uni-coin allows one call per day.50 HP delegations get you 2 calls per day etc. Up to 25 if you have enough HP delegated.

The reason we set it up this way is sustainability. UNICOIN are backed by Hive/hive engine holdings before mint. Delegating HP to this account allows us to earn through curation to pay for the tokens. This is not an upvote bot. It's just a tip bot.

We are the first on Hive to base tip bots on HP delegations. It was not a simple task.

If you are upset that the UNICOIN per bot call has been reduced from .0025 to .002 rest assured the HIVE equivalent value has increased. Now this will vary based on the price of CENT but right now even with reducing the UNICOIN distributed it is increasing the HIVE/ swap.hive value per call. Of course that can change if/ when the price of CENT changes .

@tippybot is the account where the tips come from. Feel free to check out the wallet and see how much UNICOIN and CENT there is. It's very well stocked.

@anadolu was kind enough to send us some tokens to get this started , but like with everything UNICOIN related it is sustainable. I will be increasing the CENT holdings and holdings in the liquidity pools to ensure there is always CENT for the tip bot.

Speaking of liquidity/ diesel pools there will be a UNICOIN swap.hive pool coming in the next couple of months. The goal is to launch it on or before Halloween. Target APR is 20-50% consistently. this means we will be adding rewards to the pools often to keep that number up. We will not start with a high APR just to have it tank because everyone rushes in. Steady and consistent growth is the goal.

It also helps there are not many UNICOIN in circulation which keeps things more equitable. Someone can't just buy a bunch of UNICOIN to get the high APR just to dump it when it goes down because there aren't that many UNICOIN in circulation. Not only are tokens backed before mint but we also do regular burns to keep the supply low. It's almost like I planned for this or something.😉

UNICOIN are essentially "mined" by using the tip bot.

I'lll have more updates soon ish. Things are moving along.