Do you like dividends?!
Image from @nectarbytes
I would argue that everyone loves that in one way or another!
There are quite a few tokens that offer this right here on Hive. But which one is the best?
Recently, I have noticed a new token on the rise: ELIXIR (View on TribalDex)
The purpose of this token is to provide @nectarbytes with HP to give good curation for the Mildly Infuriating community.
The community (and the @nectarbytes account) is created by the respected Hivian @bulliontools.
The ELIXIR token is created by the @nectarbytes account, which is in line with the whitepaper also being authored by the same account.
As per the whitepaper:
Sales of ELIXIR will be done in tranches. All HIVE income generated from this will be powered up.
10k @ 1 HIVE each
50k @ 2 HIVE each
20k @ 3 HIVE each
20k @ 4 HIVE each
This is somewhat similar to other tokens around the Hive-Engine and has proven to be a pretty solid strategy.
There are, at the time of writing 2815,556 ELIXIR left in the 1 HIVE tranche.
How to get ELIXIR
You can, of course, go to TribalDex or Hive-Engine and buy directly from the market.
Alternatively you can delegate you HP to @nectarbytes and be rewarded weekly with ELIXIR.
This is what I am doing with a small amount of HP - I started at 250 HP delegation and am getting about 0,25-0,3 ELIXIR per week.
Using this method with such a small delegation will take time.
Once there is enough ELIXIR to earn dividens by staking, I will be staking ELIXIR. Until then, I might keep the token liquid (not staked).
Unstaking
The unstaking will be done in a single transaction and will happen 7 days after the unstake has been initiated.
NOTICE
If you enable the autostake feature in the keychain (either app or browser extension), be aware that whenever you open the keychain, it will instantly stake the token in question.
If you unstake, make sure that the token is not set to auto-stake.
The future for ELIXIR (and me)
I believe the structure has been well thought out, and the purpose of the token is fairly obvious.
No hidden agendas, transparent numbers in the whitepaper.
I predict a good future for both the tokan as well as the Mildly Infuriating community.
If you have not set yourself up for the ELIXIR token, I would suggest doing this when you get the chance.
@fnzcmd @chaosmagic23 @friendlymoose @geneeverett @luchyl
Thank you for your attention and for reading 😎
alright flux'in
I'm saving your post, and I'll look into all that once I've reached my current goals.
!LOLZ !ALIVE !HEARTBEAT
If funds allow it, investing in ELIXIR could actually help you reach your goals faster 😎
!BBH !ALIVE !HEARTBEAT !SLOTH
I love your typo 😂 ELIXER instead of ELIXIR. Anyways... Thanks for mentioning me. I will take a look. Already told AI to check the token.
!BBH !ALIVE !HBIT !MMB
Posted via HiveSuite
Worst part is that I haven't done it all over... well, shit 🤣🤣
!BBH !ALIVE !HEARTBEAT !SLOTH
At least you have been consistent. 😂
!BBH !ALIVE
Posted via HiveSuite
I bought 51 token and staked them. Thanks again.
!BBH !ALIVE !MMB
Posted via HiveSuite
Just was curious, why was I one of only five or so tagged?
I had the idea that you like opportunities, so I figured I'd tag you.
Apologies if this was too hasty of me
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It’s ok, just was curious.
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STOPSecond time I'm being tagged in a post about Elixir. 😂 Might as well look into it this time.
!LOLZ
!HUG
!DOOK
!BBH
You just got DOOKed!
@luchyl thinks your content is the shit.
They have 2/20 DOOK left to drop today.
Buy more DOOK here - smell ya later💩
I suggest you do 😄
It seems to be a pretty good APR 😁
!BBH !ALIVE !HEARTBEAT !SLOTH
I am in the BRO Discord server and they ping with the weekly update. I have not looked at it though.
Is this BRO related? I thought it was more HOC if it should be under something 🤔
!BBH !ALIVE !HEARTBEAT !SLOTH
Nice job on the write-up! Sales have spiked lately, so the first tranche only has 1122 ELIXIR left before we're into the second tranche. 😁
I might have to adopt your tagline of "no hidden agendas, transparent numbers."
!BBH
!PIZZA
!ALIVE
That's massive! I even checked this like 10 minutes before I posted it.
Too bad I need my HIVE for other stuff than just buying tokens.
Any plans of adding ELIXIR/SWAP.HBD pool? 😄
!BBH !ALIVE !HEARTBEAT !SLOTH
Right? Now we're fully into the second tranche!
I've considered doing something like that in the future, but I'll probably wait until all of the sales tranches have sold out.
Aww man! Hopefully some kind soul will sell their ELIXIR down the line so I can join in properly 😂
Good idea with waiting until all ELIXIR has hit the market
!BBH !ALIVE !HEARTBEAT !SLOTH
You can always delegate. I designed it so even though the sales tranche price goes up, the ELIXIR payout to delegators also goes up. 🙂
I upped my delegation earlier today 😄
!BBH !ALIVE !HEARTBEAT !SLOTH
Awesome! Thank you! 😁
!BBH
!PIZZA
!ALIVE
$PIZZA slices delivered:
@bulliontools(10/20) tipped @caspermoeller89 (x2)
Please vote for pizza.witness!
Is it something like DUO token?
Sort of, yes. At first glance it looks like ELIXIR offer slightly better APR though.
!DUO !PIMP
!BBH !ALIVE !HEARTBEAT !SLOTH
The DUO bot tracked a successful call by @caspermoeller89.
They have 1/1 DUO calls left.
Learn all about DUO here.
Interesting.. I did not get the chance to check it out yet. But, I was looking for information about the benefits and holding amounts...etc.
You can visit the whitepaper from the article.
The minimum stake is 50 ELIXIR to receive dividends.
Don't think there's a minimum HP to delegate to get the weekly ELIXIR rewards.
!BBH !ALIVE !HEARTBEAT !SLOTH
I will check it out.. Thanks..
@bulliontools told me that the rewards for delegating HP will increase now that we're out of the first tranche of the sales 💪🏼
!BBH !ALIVE !HEARTBEAT !SLOTH
That's cool 😎 .. I guess that this may have not been shared in an update yet..
Actually....
https://peakd.com/hive-125125/@bulliontools/elixir-token-is-growing
!BBH !ALIVE !HEARTBEAT !SLOTH
Oh! So, it is there.. I thought that it was some exclusive info 😆
I only know it because I was tagged in the post 🤣
!BBH !ALIVE !HEARTBEAT !SLOTH
I see.. Well, you kinda know projects early on in here.. 😎
I mostly stumble upon them by accident 😂
!BBH !ALIVE !HEARTBEAT !SLOTH
Okay, mystery is solved then 😂.. I thought that you were following the news of new projects.
If I had to follow any news I would never be updated anyway.. I really dislike following news in general. If I see something that catches my attention by chance then I don't care if it's old or new 😆
!BBH !ALIVE !HEARTBEAT !SLOTH
I see. It actually looks promising..