Adding to LP Rewards and Another Burn
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This post is not financial advice
I deposited 200 GLITTER tokens each in both the PIXYDUST and UNICOIN LPs.
I also burned 1087 more tokens.
Current stats:
Supply (Circulating / Total / Max)
50200.85433625 / 71300.00000000 / 420000000.00000000
Keep in mind over half of these tokens are locked in LPs for rewards. In fact a majority are still in LP rewards waiting for distribution.
Excellent progress in terms of burning tokens the past couple of months. I may be able to continue at this pace for a while. I think adding small amounts to the LPs and recycling those tokens then burning is a good strategy for now. No need to mint new tokens this way.
The @uni-coin account has been sharing post earnings with this account pretty regularly not every post but most posts the past month or so have shared 20% of the rewards to this account. this pays for new token months. I am not doing this on the
@pixydust account as much because I don't post there as often and I also forget. It's ok. The earnings for the
@uni-coin account cover both so it's all good. I will sometimes share post earnings from the pixy account I just haven't done much of that lately.
This is a good system I think. It reduces out of pocket costs and increases the HVE on this account which I can use for buybacks or eventually new token mints.
I also added a small amount of tokens in other LPs for this account mostly the CENT pools. I like the passive income I get from those and I'm just putting in tokens I earn to increase holdings.
Ending another month on a great note.❤️🦄🧚♂️
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