BYT Bonus This Week

in byt •  2 years ago 

This is a brief message to announce that there will be no bonus distro this week.

During the winding down process, there has been a bonus every week, so there may be expectations.

The aim of this winding down is to allow users who wish to cash out the ability to do so, while maintaining an orderly process so that some tokens are not dumped onto the market. This seems to have been achieved, so that extra distributions do not seem necessary.

There are two weekend distros remaining, and those seem to be adequate to achieve a final buyback price of about 0.25-0.30 HIVE. The market will probably now bite me in the arse, but the BYT fund already has enough HIVE to be fairly confident of that broad range.

There remain opportunities to add a little froth to the final amount, so that seems to be better use of the remaining funds. I, of course, have no idea how many BYT holders have not been paying attention at all. But once we reach the end of May, the market will close down and any remaining tokens in the wild will be worth a nice round zero. I'm not waiting for anybody to arise from their deathbed in 6 months to demand their tokens be exchanged. I don't see anybody else being so flexible. This is the paying attention economy.

Anyway, hope you're all enjoying the crypto chaos.

ordo ab chao

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE BLURT!
Sort Order:  
  ·  2 years ago  ·  

I, of course, have no idea how many BYT holders have not been paying attention at all.

That's the reality. Some people bought BYT because Blurt was fun at the time and BYT gave dividends. They had no idea about the whole program. It's better they read your post today than go:

"whaa whaa whaa all the way home."

  ·  2 years ago  ·  

I've run so many yield tokens, and the end is always the same. I shall tag users during the last month - not much else can be done = butt it is a longish list..

  ·  2 years ago  ·  

Hahaha

You will be awakening the dead.

Well, I'm guilty of paying a somewhat limited amount of attention. What exactly does this mean?

I, of course, have no idea how many BYT holders have not been paying attention at all. But once we reach the end of May, the market will close down and any remaining tokens in the wild will be worth a nice round zero.

Is this the BYT token in Hive Engine?

  ·  2 years ago  ·  

Have you read any posts in the last 6 months?
TLDR sell your BYT tokens as is closing down end of March.