Hello everyone, has been a pretty intense week and I would like to update all SEED holders on a few things happening at the moment. I would like to talk about the following (not in any particular order):


- About my 'Founder' Allocation & management fees.
- SEED supply is running out
- 'Bad' news and Great news

Let's Go.


![image.png](https://images.hive.blog/DQmc236ZsQNG8teLpLuhf3syxBcXXfnxyuMYgJ2kgouJgLq/image.png)

### 1 - 'Founder' Allocation and Upcoming Fees.

As I stated multiple times in previous posts, I was reserving the 'right' to purchase 25.000 tokens (25% of the supply) at the initial price of 1$. 

This has an associated problem: If in the future let's say that SEED is worth 2$, I would have the ability to dilute everyone's % with an instant +100% for me. I would merit a well-deserved wave of FUD solely for that reason. And you wonder, ''*why empo is even mentioning this*?''

#### Because I bought up my own ''Founder Allocation''of 25K SEED.

And that means that yesterday deposited an additional 25K$ into the fund. What did I buy with the lion's share of it? ORN.

**2500 ORN at an average price of 8,676$**  for the following [reasons](https://leofinance.io/@empoderat/orn-usdt-last-chance-to-get-on-the-rocket-at-sub-10usd-prices).
 
A decent chunk of it. Also, some more CUB and BNB+USDT are ready to be deployed in upcoming token sales (registration for the next one is in 7 days).

Holdings stand like this while writing those lines.

![SEEDaum.png](https://images.hive.blog/DQmPdS5EbYcAgYfmj3QwEbJvV8nBzkW7kYTUUf9EfZj7R6s/SEEDaum.png)

I did this move not only because I believe it will be good for the fund in the short to medium term, but also because @themarkymark is buying SEED like a mad man and I want to keep the #1 spot in the rich list (*what less!*). He kinda 'forced' me to make such a move so you can thank him for that.

**However, I will continue to reserve the 25,000 tokens originally intended for my own allocation.** 

And I don't know yet what I will be doing with them (multiple options in the table). So for the time being I won't do anything. These **25K SEED** remain untouched until I come up with something. 

##### Regarding the Management Fees...

On the [tokenomics post](https://leofinance.io/@empoderat/deeper-dive-into-insert-name-tokenomics) I brought up the following management fees:

> - The first +25% of profit/year will be free of management fees.
> - All profits exceeding that 25% will be charged with a 10% fee. Preferably charged when moving profits from the trading account to the treasury.

Well, I am **announcing in advance** that I am going to probably increase those rates in the future as I have hinted at in some comments and in the Telegram channel. (*as I reserve the right to do so*).

For now, my focus is to make all of this 100% profitable for everyone but wanted to let you all know my intentions. As always, who warns is not a traitor. If any of these things (including making changes on the fly) bother you, please refrain from participating in SEED. 

**Friendly reminder that 100% of your SEED is backed 1:1 by HBD. So if you need to get out I'm honoring the 1:1 refund promise**. 

All of this brings up the next point:

### 2 - SEED Supply is running out. 

When I first thought about the token economics & concept, I was very inclined to a very low token supply with a high token price. But I expected that within months, (If not years!).

**+40.000 SEED** (including my allocation which is already counted as an investment) has been bought up in the last few days. That's more than 40% of the **TOTAL** supply.

I just issued the last bunch of tokens. **What you can see in @seed-treasury is what's left**. (As I stated before the remaining 25K won't be issued for now). The supply available is drying out.

![dry.jpeg](https://images.hive.blog/DQmb11pZBJYrN5hW8pWE5xeSuzwFHXNpvGaZrpfTeaRBdou/dry.jpeg)


Stats for SEED stand as follows:

**Circulating Supply**: 75,000 tokens (	 58,954 issued, 16,046 on @seed-treasury).
**Total Supply;** 100.000 tokens (25K unissued).

**AUM Value (All assets):** 65,900$

**SEED TOTAL Value:** 65900/58954 = **1,117$ /SEED** (**+11,17%** since the beginning). 

**SEED Liquid Value (Only liquid assets):** (65900-6800)/58,954 = **1,002$/SEED** 

For the sake of clarity and transparency of the whole operation, I'll be sharing soon a Public Portfolio (through coin tracking) to allow everyone to check the current positions in real-time. And the AUM $ of the fund over time. 

Feels dope, love the app. (Have to sort a few things before, because the account is linked with my main one, and don't want to dox myself (more!). 

![saldos.png](https://images.hive.blog/DQmW93CxUDTu1eTDNNLpES9vG68MZEJVazL2iH3NT1fWt1n/saldos.png)



### 3 - The Good & the Bad

As you can notice from the previous stats, since a lot of new tokens have been minted (x3 the previous circulating supply), **all the profits have been diluted between the new tokens**. This could be interpreted as something

On the other hand, most of these tokens (30K) are in my own hands and now the '**founder share**' **won't represent a potential FUD vector in the future**. We're all starting from the same fair launch point (including me).

![good.jpeg](https://images.hive.blog/DQmNx51SUBduyhtPiC6e6sw8Arzz8YZdruWteFSP4x5S9Ec/good.jpeg)

Not only that, now I'm managing **+30K$** more on behalf of everyone which gives us an awesome starting point If we have to face a wild bull run in the next months. The '**Testing phase**' will come to an end soon and we'll start (we already are) the '**Growing phase**'. Again, check the [tokenomics post](https://peakd.com/hive-167922/@empoderat/deeper-dive-into-insert-name-tokenomics) for more information.



### To Conclude:

Even If the value of SEED has been diluted (at the expense of releasing 75% of the total supply), I'm keeping my word and **increasing the base value of SEED up to 1,2$ within 24-48h** (will be flexible with the cut date in case someone is converting HIVE into HBD, for example, so not in a rush anyway).

Consider the period until now as a 'testing period' (always has been).

![alwayshasbeen.jpeg](https://images.hive.blog/DQmcPjVxg95s8G6mhMb3YkBRgdDXTig9PSgcuNU5sGVteEB/alwayshasbeen.jpeg)


However, note that there is only **16000 SEED available**, on a ''*first come first served*'' basis. Which are increasing in price very soon.

That's all for today. Thanks for reading and hope you're enjoying the journey so far. 

### Off-Topic Personal Ramblings...

It's been an intense month while everyone is on vacation (do you know that I rejected a proposition for 7-14 days in the Maldives?). 

Yes, exactly in this place (not a random image from the internet. I WAS GOING THERE). Search for 'Kandima Maldives' for more info.

![image.png](https://images.hive.blog/DQmWbYCc2py5skf53k25LknEGx2RNJURhXh9EuGyyKB2boS/image.png)

Don't ask me why, I wasn't in the mood to make such a trip.

My sister offered me to travel with his family (husband & relatives) 25 days ago which is exactly when I first posted about the idea of SEED. Wanted to explore further my idea rather than let it die (or not) in a tropical paradise.

My point is, I believe next months are going to be key. Fortunes are going to be made and destroyed equally.

I have been preparing for almost 4 years for the next few months (it's already been more than worth it). It's time to remain focused, we'll party later.

**Remember to keep training your mind for the unexpected. We're all going to sell early.**

Enough rants for today.

100% rewards of this post have been allocated to @seed-treasury.

------

You can join us on [Telegram](https://t.me/empoderatss) and follow me on [Twitter](https://twitter.com/elempoderat)

Ps. Do you like the Minatopunk?

![minatopunk.jpeg](https://images.hive.blog/DQmeBJxMVMTVnjsYeXdxcZ9n5jLwfpWyUE9kbF2D1NXr9Rx/minatopunk.jpeg)


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