Happy Thanskgiving and Small December buyback

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This post is not financial advice

Happy Thanksgiving to those who celebrate.

I wanted to let everyone know I will be doing a small bonus buyback in December. As most of you know we do quarterly buybacks at a profit to the seller, but I am doing a little extra in in December.

I don't know the exact amount yet but it will be somewhere between 20 and 30 most likely.

I have been working on increase the amount bought back as well. I have since the beginning bought back at least 5% of the circulating supply every month or 15% +quarterly. I will be working on slowly increasing that number. Though I have never bought back just 5% it's always been slightly over.

I hope to work up to doubling the amount of tokens bought back every quarter but it will take a little bit to get there. With the HSBI exchanges at 100% match (for every 1 UNICOIN you send to @unicoin.hsbi you receive 2 HSBI units), as well as the curation match where I will be powering up additional HIVE every month, and the high 35%+ average APR in the LP, an increase in funds going out needs to be done slowly and carefully.

There are some things to be voted on in December in terms of this account and @tribefairy . More on that will be announced when the time comes. I am considering allowing Hive-engine delegations to @tribefairy to earn tokens as well as some UNICOIN. It's tricky though because all tokens are backed by Hive/HIVE holdings before mint and having other tokens can complicate things as well as it is higher risk of loss.

I will mention it a couple times on both accounts and see if there is interest. It will take a lot of work to implement and i don't want my husband to spend those previous coding hours on something unless there is a demand. We can discuss it over time.

Occasionally I get people asking if there will ever be divs for hodling UNICOIN. I don't see any reason for that. it can be a tricky legality issue and also we already provide so much value here. Who else does regular buybacks a a profit to the seller? Guaranteed buybacks at original sale price for anyone who wants an "out" . High, consistent LP rewards. HSBI exchanges at 100% match. These are all things that benefit the hodlers .

Basically the LP rewards is an alternative for people looking for passive income.

I also want folks to know, though many already do, neither myself or my husband get paid for any of the work we do here. All tokens my personal account owns were purchased(in advance) just like everyone else. I do not mint tokens to pay a salary.

I believe in the project and am putting my money where my mouth is. At the end of the day the assets on this account are mine but they are here for the community and help support the things mentioned above.

I do take pride in the fact that if everyone decided to sell their tokens it would have no effect and this would continue on without a hitch. That's because all the tokens are backed before mint and remain backed. I am not concerned about price, folks dumping etc because that will not effect anything here. It was designed that way.

Right now including HE assets and funds at tribefairy and associated accounts the Hive holding ratio is about 3. Meaning we have 3 times the amount in HIVE assets backing each token- all in about 7 months. We just launched in April. We do things differently for a reason. Our stats don't lie.

Thanks to everyone for all your support.❤️🦄