Waivio

August buybacks and Bot Updates

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uni-coin54.222 days ago2 min read

https://images.ecency.com/DQmRv8yoNeUSUFyUKxef1eeVkMd3WkxchAthTV7U16vNkQx/unicoinlogo.png

August buybacks have begun. I forgot to make the announcement. I may do another smaller buyback this month, but I am starting to save up funds to do quarterly buybacks starting in October.

We did some code updates on the bot. There is now a slight delay between transactions it's somewhere between 4 and 16 seconds I think. Most people won't notice it but it is a necessary step to add CENT to the bot.

Adding CENT is going a little slower than expected but we are still making progress. I really hope more is done this weekend. There are a few other minor code changes we are working on as well.

Current circulating supply: 729.5. I expect that number to be closer to 650-675 toward the end of the month as more buybacks and HSBI exchanges happen.

I am also clearing the last of the UNICOIN on my main account. Then I will start talking about and planning the paying that account back in UNICOIN for starting this one as I have discussed a few times now (most of those UNICOIN will be used in the liquidity pools once that launches). That said moving forward the funds I send to this account from my main account will likely not be paid back as I am starting to add fresh funds here.

I will keep burning tokens until the liquidity pools then I will start minting new tokens for the pools. That is still a few months in the future.


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