BYT Back - Final Token Buyback

The BYT program has come to an end.

As of the 31st March, 2023, there will be no more token distributions to token-holders.

This final phase of the winding down process is for all users to sell their tokens back to the program admin. This ends on 31st MAY 2023.

The final buyback price is 0.295 SWAP.HIVE.

How to sell your BYT tokens?

Simply go to the BYT market on Hive-Engine = https://hive-engine.com/trade/BYT

Sell your BYT tokens for the fixed price of 0.295 SWAP.HIVE

IF there is an Open Buy order for 0.295 on the market, then it will be processed immediately,
ELSE it will create an Open Sell order and just wait for it to be processed.

Anybody in a desperate rush to sell can obviously sell at whatever they wish below the buyback price.

There are still a couple of power-downs waiting to be processed, but they will not affect the buyback price.

The buyback period ends on 31st May, 2023.

After that, the market will be closed and no further tokens can be bought ot sold in the future. It is up to users to pay attention and liquidate their tokens. I cannot do that for anybody. Just like when an exchange removes a token listing - if you don't act within the set date then you lose your holdings. Very simple.

I will do another post regarding some of the numbers of the BYT fund, such as the ROI of 141.4%, and the profits in USD and BTC terms.

I will also do a post in early May tagging those users who still hold BYT tokens. There is not much beyond that I can do.

Thanks to everyone who has been following our posts, and thanks for supporting the BYT program.