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Hydro Whales Mining ClubHydro Whales Mining Clubby0x3B8b469723eA0561e7760f8C904591B13Bf7D8F80x3B8b…D8F8

Investment Opportunity For HWMC

Voting ended almost 4 years agoSucceeded
  • AMA discussions link: Coming Soon
  • Treasury ETH 40.
  • Total Miners currently live or purchased 35.
  • Total Miners live by the end of Phase 2 regardless of current treasury investments: 60 (this investment will not affect our phase 2 Miner purchases)

Plan: Invest more funds into emp.money with a Mixture of ETH/EMP LP - Eshares - BNB/LP - Single Staking ETH, depending on market entry time.

Potential Risk: If the markets continue to drop we'd lose USD value, but likewise holding ETH alone the value will decrease as well.

Potential Rewards: With the markets dipped (pretty much at the bottom of entire range), it's a good opportunity to invest funds (see charts below). No guarantee it moves up but every time price has been at this level it has moved up considerable which indicates strong support and market buys at this level.

See attached EMP Price range on Daily Chart:

emp-price-range.jpeg

Eshare Daily: Eshare-Daily.jpeg

Off-Chain Vote

ETH: 0 - No Invesment
88 HWMC14%
ETH: 10 = ~$23000
95 HWMC15.2%
ETH: 20 = ~$46000
359 HWMC57.3%
ETH: 30 = ~$67000
46 HWMC7.3%
ETH: 40 = ~$90000
39 HWMC6.2%
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Timeline

May 09, 2022Proposal created
May 09, 2022Proposal vote started
May 10, 2022Proposal vote ended
Oct 26, 2023Proposal updated