Some quick Updates Early November

This post is not financial advice
Image created by me using canva

It's November already. Time has flown by this year . I just wanted to touch base on a few things.

HSBI exchanges-

Two changes

1. Please use the @unicoin.hsbi account to send the UNICOIN. This will be the account that will (eventually) be automated. Automation is a low priority and won't be implemented until after all the HSBI changes go into effect (mainly the receiving of HSBI tokens for the sponsor). I expect automation to not go into effect this year.

2. The exchange rate is now a 100% bonus. That means for every 1 UNICOIN you send you will receive 2 HSBI. No limit, though once automation becomes a thing there may be limits per transaction but not per day. You must send at least one UNICOIN and only whole numbers count.

Don't worry about the limits. I have enough HIVE (in this and other accounts) to cover these transactions. There is also the option of me transferring units directly if the liquid HIVE runs low. I won't use this option often but it is an option and I will likely use it sometimes.

For now the sponsor of the HSBI will be this account but once automation goes into effect the @unicoin.hsbi account will be the sponsor. The HSBI tokens it receives will be divided. Some will stay/be sent this this account, some will be sent to @tribefairy and some may be sent to @glittertoken as needed. I don't have any percentages in mind. The tokens will be sent to where they are most needed at the time.

If you want to do an HSBI exchange please leave a comment or DM me on discord/post in the discord group. This is just to let me know so I can process it. You can use this post to comment for the month if it's easier for you.

Second thing- I want to either increase the HP delegation to Ecency or maybe delegate 1,000 to EDS. There are advantages to both of these options. Do any of you have a preference? I am already delegating about 250 to ecency right now so that would be a delegation increase of 750 HP.

This is to increase the liquid HIVE in this account without needing to power down/power down as much. It's not really an issue right now but I am preparing for the future where this will be quite helpful.

Liquid HVE is needed for the buybacks and HSBI exchanges and having more on hand means less reliance on the outside funds. Also delegating to ecency gives points in addition to daily HIVE payouts and those points can be useful for receiving a small delegation in as well.

There are advantages to EDSI also. I already have a little over 100 tokens and get weekly HIVE for holding them. Delegating to EDS would give this account more tokens , thus increasing the HIVE payouts (in theory). It is a little more risky than just delegating to ecency for HIVE directly. However, in a pinch I could also sell the EDSI tokens if I needed liquid HIVE quickly.

Basically I have about 1000 HP I can delegate I am just not 100% sure where to delegate to. If anyone has any feedback/opinions please share them. I will make a decision eventually . This is not an urgent matter. If I decide to delegate to EDSI, I will still keep the current ecency delegation as well.

There's still plenty of HP delegations coming in that this account will still earn from curation in addition to earning from these delegations out. I may slightly increase the current delegation from my main account @cryptounicorn420 to offset some of this.

Once the HSBI changes go into effect I will slowly convert the HSBI held on this account to the tokens which payout weekly divs. I will sell some tokens as needed and leave the rest to compound.

From my understanding the next thing on the agenda for HSBI is the div payouts for token hodlers, then the other changes. I will start converting some HSBI units as soon as the dividends start.