I haven't even been able to make a post about each div episode, such a busy life I lead, but we can confidently say that all MYRIANODE participants have "ROI'd" by participating in this great opportunity over the last 2+ years.
Now, while it does seem like Layer2 ETH projects, and MYRIA included, are "still alive", I am not liking the trend I see. We need $50/mo to run the relevant servers, and it used to be that 10% fee was plenty and more. Then is was 20%. Now.... its hard to even say. But it is the case that we will not be coming out of our own pocket to run these, so either they will keep paying the servers, or they won't.
Still, there are monies left over - which is great! Thanks to a $MYRIA token pump while I was in Guadalajara, we "only" needed to take ~50% of the earnings to pay our servers for the last 3 months.
Maybe this project keeps pumping.... maybe not. But since the divs have ROI'd, and the holders on HIVE are really a small part of this project (@abrockman holding most of them), and due to us getting all our HIVE out in divs already, I think its "time to play a game".
Paying attention game - Buy Back
We will be dedicating 100% of the HIVE purchased to a buyback wall. We will be starting at 0.5 HIVE - if you are ready to take your money and move on to greater things or other options as we all warm up for an alt season, now is the time!
We will gradually be easing this buy point up, as more "divs" come in or until we decide to discontinue the efforts.
This time we brought in ~1.6 LTC, which we swapped for ~580 Swap.HIVE:
This was the earnings over server costs earned over the last more than 3 months time frame, so not trying to FUD, but you do your own math on if you think this thing can "go forever" or if you should just take the money and run and count it as a win.
Buy wall is up at 0.5 HIVE each:
We have also set a sell wall at 1.2 HIVE, just "in case", who knows what the future holds, but I think, personally at least, its not really the time to buy into this project. But things can change in a moment, without notice, in the Crypto World - so each person is in charge of their own wallets - cryptographically.
Leave your comments, questions or concerns in the reply section below, and as always:
