YIELD flash sale finished!

in #hive-18639212 hours ago

We have finished the flash sale of YIELD, and pulled the tokens.

We are using Swap.HIVE > Swap.BNB > BNB

So naturally we are watching the ratio of HIVE:BNB.

We tracked it to its lows around 1200 HIVE per BNB and got good rates for most of our swaps. We will open up sale again at a point we deem appropriate, and when we do we will first adjust token balances if necessary to sell at 1 HIVE each again.

We are rewarding a little bit of reflexes here. People who jump when HIVE is expensive should have some expectation to get a better deal than people who are sleepy.

Let's see how it goes this month!

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We also have more information today, and some great suggestions especially from @dbooster. Firstly, we have a debank profile. I took the above snap at 11:40 this morning.

And this one below at 1:54 pm.

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Then I pulled the tokens, and swapped the last few HIVEs over to BNB for a grand total of:

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772.48 tokens sold for 0.6114 BNB (ratio 1,263 HIVE: 1 BNB)

Current rate on hive-engine:

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We sent those BNB to our public address!
0xF1dab0797A43443AdF30D94acA85B72f359F0E0a

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I double checked first and BNB was not in the maintenance list right now at Hive-Engine; I have some of my personal LTC (aka grocery money) awaiting a withdrawal from yesterday - but such is life when depending on machines and code!

and, yes, it landed just a few moments later!

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Well now. Here between these screen shots we have all the numbers we need to calculate the "abrockman" tokens that are represented by the capital already in the account.

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Received: 0.604741 / 0.8033 = 75.282% of $552.27
$415.7599 = 772.48 tokens = 53.82c USD/YIELD
$7790 / 53.82 cents = 14,474 YIELD tokens
14474 - 772.48 tokens sold = 13,701 tokens equivalent capital.

And I have sent @abrockman's 13701 YIELD tokens to @treasure.hoard for management. Holders are encouraged to play the market (divs will be pre-announced, not surprise), but @treasure.hoard will "set the range". No "new" tokens (@yieldforge account) will be on the market between sale events.

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Welcome YIELD team!

All of the "value numbers" change constantly, which is why it was important to "do math" with numbers within the same "snapshot", and not from older screen shots. Our numbers will go up and down due to market prices of the underlying assets, but (in theory at least) we are gaining net tokens.

But at the time of posting at least, I think we did pretty good. So far so good team, you are "up" on your YIELD, worth 53.8 cents.

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This will be a different number by the time you are reading this, but so will our debank. The important thing is to compare apples to apples, and we will try to be sure to do this moving forward, in crucial math moments (like dividends!).


Utilizing debank, we will also attempt to provide an AUTOMATED weekly report on @yieldforge account. No timeline yet on that but we want to do it. All "dividend" events will be posted about from my account, this account, @ecoinstant.

Wait, I wanted to buy some!

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Yep, too late. I also wanted to get more for @ecoinstats, but today's HIVE just isn't worth it. We wanted yesterday HIVE, and we got it. Thank you to all participants - there will be updates, more chances to play later, and more tracking information on the way!

Freedom and Friendship

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Hopefully Hive-Engine fixes their withdraw/deposit issues quickly. I got some LTC stuck too.

And congratulations on finishing the sale!

So you don't want my money?

Markets are red but our deBank profile is looking hot!

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Next post "soon" but feel free to "play" the market in the meantime.

Before dividends and next tranche will make post explaining everything.

This token will have clear "phases".

Now is play on market phase :)

We trust your management mi amigo 👍
I know it will do great
next phase im buying way more 🤣
looking silly just buying 10 now

Top 10!

Cool seeing this approach to a Hive token. Glad to have went and got some as soon as I could! Love being able to actually like, see the wallets you're using.

Gotta be fast in this game sometimes!

Speed is always a factor❤️