Brofi is buying back BRO for a while

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As you might see, @brofi is buying BRO back off the market because it's nearly empty. This is the squeeze that I was telling everyone about on the discord. If no-one is selling BRO at these prices then I will have to ask at a higher price. The market will always have its buying point.

Currently I am powering down Brofi to fund the BRO buybacks off the Market. This is because my own funds are growing thin and I have to save some for the oncoming bear, which seems to have been extended a little longer after looking at the macro environments this week.

I foresee this as temporary though, and I plan to be back buying BRO off the market for Brofi in no time at all. Perhaps February at the latest. For now though, we'll use power downs to buyback BRO off hive engine.

It shouldn't be too much of a problem though, and people that receive votes from brofi wont see that big a difference in the coming months

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There should still be growth because I am in the process of buying almost 200 off the Market which should in all honesty last us longer than a week, so perhaps every second or third week we can cancel a power down and let the account grow again until we need some more.

All in all with brofi, I am looking at radical hive growth for the BROs, so as soon as my funds are healthy again and we are fully out of this hellish bear then it will be full steam ahead once more. I may even go out looking for more delegations. Right now though, we sit at a fair amount.

A manageable amount!

If you would like to delegate to us and earn some BRO then please send HP to the account @brofi. The process is automatic and you will earn BRO passively from day 1.



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25 comments
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pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 136 of my contest just started...you can now check the winners of the previous week!
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!LOL
!BBH
!LUV

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@brofund! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @truth2. (1/1)

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I admire the diligence you show in the continued success of this project, and the community. Keep up the good work!

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well, it's my baby. I wont sit there and let it die. We move with the current macro/micro environment :)

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Do what you have to do, bro!
!invest_vote

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If you would like to delegate to us and earn some BRO then please send HP to the account @brofi

Where I can find what the APR is? :)

!PIMP

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It's between 10/11% - we give true APR on our curation + a bonus percentage.

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Okok, thanks! I'm going to delegate some HP :)

Are there some level (i.e. 50 HP, 100 HP and so on, like on Psyberx) or I can delegate the amount I want?

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any amount you want to. It's truly up to you. Process is automatic so you'll get rewards the day you delegate.

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Thanks! Just delegate yesterday 50 HP: hopefully I'll delegate more soon!

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How much do we need to delegate to get rewards?

!PIZZA

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you can delegate as little as you like :)

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Too rich for my blood. I'm not a whale like some people on here!

Posted Using LeoFinance Beta

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you bought some LGN, and that's good in my eyes :)

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I'm continuously impressed by how well the whole BRO initiative has held up and withstood all the turbulence!

I don't have much, but I'd consider delegating. Is there a post somewhere that shows the APR/BRO rewards you pay for delegations?

=^..^=

Posted Using LeoFinance Beta

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I try and keep abreast of the market - I keep on top of macro/micro and adjust our aims accordingly.

10-11% - we give out true curation APR + a little bonus percentage.

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