Ecency Delegation change, PUD and More

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This post is not financial advice

A couple of small ecency delegation changes. I recently reduced the outgoing ecency delegation. i am still delegating over 1k HP but it has been reduced. I plan to use some of that HP to delegate a bit more to HSBI to get the HSBIDAO tokens.The rest will be used for curation. I also used my ecency points to receive a little over 200 HP delegation from ecency. This delegation s for 90 days.

I did a small 10 HIVE power up today.

You may or may not have noticed but even though I did the big burn the circulating supply has gone up slightly. This is because there was some more demand for the token. I also minted 20 tokens for the @tribefairy account to continue to pay out delegators. I lan to mint more for @tribefairy in the next few months, That account. goes through about 15 or so tokens a month paid out to delegators.

The assets in the @tribefairy account help to back the token. That account also more times than not pays this account whether in HIVE other tokens or HSBI units in addition to gaining HP and other assets. It's not all completely paid for in liquid tokens but the HP that account earns itself is more than enough to cover the new mints.

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LP reward refresh coming in a few weeks. There may be a day where there are no rewards while the transition happens. I will be putting in the new rewards over a few weeks to set it up. You all know the drill by now. Just giving you a head's up if you notice then old LP reward contract expired rest assured I am renewing it.

it may take a few weeks even a month or so to get the LP rewards up to where I want them. Since the contract will be over twice as long as the previous contract it will take more tokens in the reward pool to bump up the APY.I am not sure exactly how the math works. The tokens will be added over time and will be refreshed as well to keep the APY in range.

there will still be a 1% bonus daily for 100 days to encourage folks to stay in the pool. That bonus will reset to 0 once the new LP contract deploys so it will take 100 or 101 days to get to that 100% bonus. It's just how it works. So don't be surprised if you see your bonus went down. It will go back up as long as you stay in the LP.