BYT Random Bonus Paid MAR-A-23

in byt •  2 years ago 

This is the first March bonus.

Bonus distribution = 44,000 SWAP.BLURT + 80 SWAP.HIVE
Bonus equivalent = 500 SWAP.HIVE
HIVE per 100 BYT = 1.554 (0.676 USD)

ABV estimate = 0.379 (before this distribution); 0.363 (after this distribution)
Buyback estimate = 0.35-0.36 HIVE. (subject to market conditions.)

Note that the ABV in HIVE has held steady since the weekend, with continued earnings balancing any drop in prices. However, I note we may be in for another leg down - also note that this does not always mean that the BYT price has to also fall. It is, as has always been, a matter of relative prices compared to our exchange coin, HIVE.

For buybacks, please monitor the market. The prices will always be as close as possible to the ABV, although as the fund shrinks prices may be more volatile. Recall we took advantage of the bear rally back in January.

Enjoy!

And... your rewards are in SWAP.BLURT and SWAP.HIVE tokens for this week!

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  ·  2 years ago  ·  

I note we may be in for another leg down

lmfao

a dumpster truck drove through the market.

  ·  2 years ago  ·  

like a plague