Enter da token called "peanut butter"!
Here we see "Fren" running with a net to catch bits of "B's" (bees?)!
PPBT - Pepe Bits created to add a liquidity layer to $BBH tokens help by @pepeetoken.
There's a pool of $BBH and $PPBT tokens such that the two may be swapped.
$PPBT available at "Strike" and "premium" giving the tokens in circulation a little boost.
The Strike price is determined by the "release" price of $BBH tokens. Some amount of $PPBT are made available at this value. Of course it may go up, down, and/or sideways until the next day's "release" price.
With charts of $BTC $HIVE and $BBH amounts may be made available in respect to such movements. Or users may make choices in regards to such as the stroke price may be a better deal some days than others.
With over a Milly (million) BBH tokens many Pepe Bits (PPBT) may be maed available also.
About a quarter Milly $BBH tokens have been set aside to provide liquidity of the Pepe Bit token. Thus providing just a little over $500 in liquidity!
Ten thousand (10,000) are available at double strike price. As tiers are made available at strike and above premium levels. With subsequent daily movements of Bitcoin $BTC, and $HIVE traders may choose to trade Pepe Bits however they want. There are two sources of liquidity from the Pool paired with BBH tokens and also a Hive (buy) order at times, in this case today at 0.05 $HIVE with 989 PPBT with 49.45 $HIVE.
Let this serve as our first token experiment kind of like what @centtoken does with the $TRADE token and others. Created as a way to make use of the many $BBH tokens in the @pepetoken Treasury. With limited liquidity at tiems only slowly trading them to preserve wealth value, and also get drips weekly on Saturdays!
Feels good man
Posted Using InLeo Alpha
