Pumping my UTOPIS bag - Dividends about to explode?!

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(Edited)

In case you haven't heard of it, UTOPIS is a hive engine token that pays weekly dividends (in hive) to its holders. Last time I checked the APR was approximately 100%, making it the most generous token when it comes to dividends!

What I like mostly about UTOPIS is that the dividends don't come from inflation but instead are bought directly from the market, bringing actual value to the Hive ecosystem!

To achieve this, @chronocrypto, the main brain behind the project, is using the profits from the token sales to buy equipment for mining and other gigs that bring sweet dollars to the table that are then used to purchase hive.

As we speak, the price for one UTOPIS is approximately 3.5 hive.

Up until a couple of weeks ago, my bag consisted of 300 pieces. But a few days ago we had some really sweet news:

Screenshot_20210513220951.png

With tribe dividends added to the table it was a no-brainer for me and I purchased an extra 120 pieces!

By the way, I know the 100% APR sounds very tempting, not to mention the added tribe dividends soon to come.

Still, keep in mind that this is a 100% centralized project and @chronocrypto can theoretically rug and fuck us in the ass anytime he chooses. So do your own research blah blah blah.

Here is a link to the discord if you want to learn more about the project
https://discord.gg/zWn4XPpa

And here is a link for the Hive engine pair if you decide you want to buy some tokens!

https://hive-engine.com/?p=market&t=UTOPIS

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50 comments
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Bang, I did it again... I just rehived your post!
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and @chronocrypto can theoretically rug and fuck us in the ass anytime he chooses. So do your own research blah blah blah.

APR is sweet and then this happens, hahaha, well I guess I'll grab myself some, so Erhm will I be delegating it or something? I love the fact that it brings value by buying hive.

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I have about 10 of those and while the APR is nice I prefer to keep most of my Hive liquid with the hope that we might see some crazy price action like we saw in early 2018. If it doesn't happen I'll just stake it and put it to work, but if we reach like $8 again, then ohhh boy :)

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🦑 hive is always nice to have when the east wake up to pump hive.

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Bought because of you a while back and it is great. Haven't been rugged and fucked yet so it would be a new experience.

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🍆

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Quick one I noticed Utopis payout up this week is that going to continue or a once off. I know the project is doing well so maybe time to get more again in a bigger way.

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(Edited)

Remember I purchase the hive with the fiat profits and ETH Mining so if the price of hive is lower then last week, just means I am able to purchase more hive. ETH has been nice last week until it crashed in value.

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Ok makes sense yet Eth is expected to go up considerably over the coming months so will definitely just keep buying anyway. Thanks for the response though.

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Just HODL and it should pay us back in a year or so. The rest will be profit and I only have around 10 of them right now. I don't think he will rug pull us so I will diamond hand it for now.

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I just picked some up a while ago to get me to a nice round number, but I might have to pick some more up looking at these announcements! It has been nice getting those little dividend payments at the beginning of each week!

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I sell some utopis to get POB. Now I must after your post buy utopis again :-).


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