Introduction
We do not do to many posts about finance and tokens but we really feel that we need to shout a little bit about what Hive Builders do as they do not shout about themselves anywhere near enough. They are QAM and Gringo on discord but I do not know their hive users. We have been doing a bit of digging and have got involved with 2 of their tokens and we are impressed with what they do. This is not financial advice.....but just an observation of what has happened!
The Defi Token
We heard about this on the grapevine a token with increased rewards and a gaurneteed buy back....sounds too good to be true right? Well they did exactly what they said it would do and the buy wall is there if we want to sell. They did an update posts yesterday tagging everyone that the first round of defi is done and they can sell or hold their tokens for round 2. You can see the post here: https://peakd.com/leo/@hivebuilder/defi-token-update
So we bought 160 defi token at 0.1 Hive
We now have 201.9 tokens we can sell for 0.1 hive as they have made sure they provide the liquidity
So basically it slowly grows and you can cash out at any time as they use the money earned to invest and provide the liquidity. Overall I have been very impressed with the way they work and do what they say on the tin! Will we be selling now? No definitely not, will we buy some more? Yes for sure!
Splinterlands community validator token
This was a newer token they developped bassed on owning the Splinterlands Validator licence and they then use the vouchers earned to give out as dividends and also to start a buy back wall and burn programme. Yet again their tokenomics seem sound. They are starting to provide a buy wall already which you can see and I know they will be providing more. I think they own 2 licences now.
The more they burn also means the more dividends we will get, at the moment we only get vouchers but will get SPS when that starts:
To be honest with the rising cost of the token, the buy backs, the liquidity and the regular dividends we are really please we got in early on this one. This is what we get every few days as divs for now:
Conclusion
Like so many awesome projects and people on Hive they do not always shout about themselves enough. Just looking at these 2 tokens and the team behind it we have been very impressed. Not only that we know they have been around for a long time on hive and Steem and have an excellent track record. I know they have a few more exciting plans for the future and to be honest looking at their tokenomics has been both a profitable experience as well as a brilliant learning curve!
Join their discord to say hi and learn more - https://discord.gg/RZNFKw6Z
Big up all the cool projects on Hive
Stick Up Boys
