DAO Maker Whale status reached (with conditions) + increase in %APR for SEED.
Okay, sorry for the spam, but since the community response has been clear and most of the people 100% agreed with the proposed move from a few hours ago, I already did it.
- Sold our entire ORN allocation for 18525 $ DAO (46K$)
- Moved funds around and added 6480 $ DAO on my own (16,2K$)
There's 50K $DAO sitting on the wallet.
- 31475 tokens from my own sources (62,95%).
- 18525 coming from @seed-treasury (37,05%).
Now SEED holders will benefit from massive advantages coming from owning such an amount of DAO. However...
There's always a however...
Given that I'm allocating such a big amount from my own pocket (at no risk for you, must say), I feel fair to allocate to myself (me, @empoderat) a 50% allocation of the won presales.
This will work in the following way:
- We will participate in lotteries + presales with the same modus operandi we had until now.
- Once we won a lottery, let's say with a 1000$ allocation; we'll divide the allocation (1000$/2).
- 500$ will be invested on behalf of SEED holders, while I'll manage the other 500$ on my own.
- Unlocks will be shared equally. Let's say that 100 tokens start unlocked at TGE, well, 50 for SEED holders and 50 for myself.
- Rinse & repeat.
Nothing changes for SEED holders rather than enjoying a much bigger chance to win plus a bigger allocation when it happens.
Anyway, This is all theoretical, remains to be seen in practice how this last move unfolds for us.
In Other News...
I tweaked a bit my liquidity on BeeSwap and added some SEED to the reward pool. I still own 86% of the whole pool.
Now the APR it's sitting at a juicy +50%, still not adding?
...
Ok, It has been a while since I published many times in a single week, I'll take a few days off from posting probably. I'll keep you updated though.
Onwards! (and again, enjoy your weekend!)
100% of blogging rewards paid to @seed-treasury. Remember you can follow the portfolio in real-time here:
https://cointracking.info/portfolio/seedtreasury
You can join us on Telegram and follow me on Twitter.
Posted Using LeoFinance Beta
Hope everything goes well and we get lot of profit
I will like to join the lottery game.
Posted Using LeoFinance Beta
Glad to hear everyone was ok with the move.
I think it will pay off in the future
Posted Using LeoFinance Beta
Looking good, glad I bought such a big chunk.
Nice update, I'm going to share your post on my segment called Leo All Stars because I think this is a really cool concept, maybe someone will see it that hasn't before!
Posted Using LeoFinance Beta
I think it's a good choice since ORN can be bought with a lower investment value. Are most offers out of the DAO maker usually profitable?
Posted Using LeoFinance Beta
Sorry I missed the earlier post and will go catch up. I am happy with what you are doing as the trust is there so no worries.
Posted Using LeoFinance Beta
lottery is stake and chance to win right?
So i think it sounds fair :)
Posted Using LeoFinance Beta
No staking. Tokens are held in the cold wallet 100% of the time.
ah ok.
Than i don't understand the lottery :D
Let's make it simple.
Keep on doing what you're doing.
!PIZZA
@donchate, sorry! You need more $PIZZA to use this command.
The minimum requirement is 20.0 PIZZA liquid, and 0.0 PIZZA staked.
More $PIZZA is available from Hive-Engine or Tribaldex
First of all I shared this post so that many people get a chance to read this post and I waiting for the lottery round
Jolly good!
Yolo it, rich quick!!!1
Anyway, when winter bear comes, all shit will tank, be it btc, orn, or other. Let's grab as muh as possible while possible then.
Posted Using LeoFinance Beta
damn that is a lot of money but you are using it in a great way