The community has spoken :)

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This post is not financial advice

The community has spoken. Folks would prefer adding liquidity to the LP over scheduled(at a profit) buybacks, let me explain what this means moving forward.

First there will still be the scheduled buybacks, but they will be more sporadic and mostly used to help balance the pools (the arbitrage bots would do most of that work). There are still guaranteed buybacks and there will also be buy orders either from this account of one of the connected accounts for about 1 swap.hive, though likely just under that, like what @glittertoken has been doing since the start.

This is the best way to balance these things so there is both buybacks and the LP. I do also want to specify as there was some confusion that there have always been buybacks within 10% of the original sale price so folks can sell back their tokens at any time, the scheduled buybacks were not the only buybacks. Just wanted to clarify that.

For this quarter's buybacks I will wait and see what the community does. If they put more tokens up for sale, I will honor that request. Just place your sell order for 1.03 swap.hive. If folks in general are not participating, I will divert some of those funds and pair them with freshly minted UNICOIN in the LP.

Moving forward as I explained the scheduled buybacks at a profit will be more "random" and based on need as opposed to "just because" or a set time frame.

This has no effect on the guaranteed buybacks. Those will always be a thing as explained in the whitepaper. These changes are just regarding the schduled buybacls at a profit to the seller.

Over the next few weeks I will be minting UNICOIN and pairing more in the LP to provide more liquidity. This will be done slowly over time and may even take a few months. During this time I will also play back my main account the remaining UNICOIN I pre pad for. Making this account 100% debt free (the debt was to myself for pre funding)

We are at a point where minting new tokens is not a stress to the ratio. This account is growing faster than tokens are minted, as designed.

I will also be doing some buybacks via the LP. Most of those buybacks the tokens will be burned but I will occasionally buyback to balance the pools or if I need a few UNICOIN for something and don't want to mint new tokens. I will buy them from the market or LPs. There is no schedule or set frequency. It will just be a thing that happens.

The next few months I will be busy minting tokens for all the accounts. Now that they are all in very good standing ratio wise it's time to expand LP holdings for UNICOIN and PIXYDUST or in the case of GLITTER increase the amount in LP rewards.