This is the article about the upcoming development of the SORT token, which will become a yield token or tokenized fund.
First, let's update the token's value relative to assets. In recent weeks, we've reached a new record for backing assets, and the token's value has risen to 3.58 Hive. Recall that it started selling at 0.9 Hive per token. The performance over these two years hasn't been bad.
What's coming to the SORT token:
- Starting November 1st, a buy order will be placed at 2 Hive per token for those who want to exit, given that the conditions are different from the initial roadmap. This will last until November 30th. After this, liquidity will no longer be provided as such; we will move to a buyback system.
- This is the account outside of Hive where investments will be made. You will be able to track investments in real time and with complete transparency. 0x47D46f54D5Bc7285c0910844EBd2F4028d2255a6
- When other accounts are opened, this will be announced.
- The token will be purely for growth and will self-compound profits. Each quarter, at an undetermined time, 25% of the profits will be used to repurchase tokens on the market. More details on how these repurchases will work will be provided later.
I am very excited about the new change and believe the profitability will be much higher at this stage than at the last.
If you have any questions or concerns, please feel free to leave a comment.
