Use of resources obtained from the sale of the SORT token

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5 Jun 2023
51

This post was created by my first on the Hive blockchain.
Use of resources obtained from the sale of the SORT token

All proceeds will go to investments in the Hive ecosystem exclusively.

  • No investments will be made outside the ecosystem or risks will be taken in other currencies with the capital raised. Later, it will be submitted to a vote among the holders of the SORT token that part of the profits can be used in external investments. These investments must be proof of value to the token and of a very limited nature.

The majority will be used to obtain Hive Power

  • Approximately 50% of the proceeds will go to power up Hive. This will have a triple function. Support the Hive ecosystem, provide healing power to the account and provide support to all holders of the SORT token.

One part to create the purchase wall to provide liquidity to the token.

  • A buying wall will be created to provide liquidity to the SORT token. That will allow buyers to get out of the token if they need the funds. When the token is fully operational and moves to the mobile price phase, the buy wall will offer 80% of the asset value of the token. Also at that time, a sales wall will be created that will be offered at 110% of the asset value. This will allow interested parties to both buy and sell the SORT token at any time.

A part will be invested in HBD savings that will function as an investment stabilizer.

  • This Hive function will be used to balance the token from the fluctuations of the crypto market. It will not use a large amount of resources since the SORT token is referenced to Hive but it will be a significant amount.

To a lesser extent, it will invest in layer 2 tokens of passive yield and in liquidity pools. These last investments will be speculative to generate higher returns.

  • A small amount of resources will be used for this purpose, but their management will make the difference between good token performance and great performance.

Finally remember again that the priority of the token is to preserve the capital in the first place.
If you like draws and you like to receive dividends, the token that has everything "SORT" has arrived.
Perpetual lottery ticket that distributes dividends 1 Ticket for every 10 Sort Tokens Gives the right to participate in multiple raffles without the need to sign up.
You can purchase your Sort tokens here:
https://hive-engine.com/trade/SORT
Token Sort White Paper
TOKENOMICS of the SORT token in detail.
SORT Token Utilities

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