It's been a long time since I've updated the SORT token, and that's due to two factors. I have less time than before to post, but the main reason is that the environment on Hive has become very hostile for anyone wanting to do business. However, a comment from @braaiboy reminded me that I should at least post an update, even if it's not weekly. I won't be posting constantly, just three or four times a year, or if there's a major event. You can always contact me with any questions; I'll try to answer as soon as possible.
[IMAGE: https://images.ecency.com/DQmQBQopx2RSUWqCapqbzkQGbEkvLib1XapUj593nbvsd1A/image.png]
I'm going to explain as clearly as possible where the token stands now:
* SORT was sold at 0.9 Hive three years ago; today it's worth 4.27 Hive.
* SORT is a collateralized token; all assets are valid.
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Management continues as normal, and the annual return is approximately 50%.
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Half of the assets are not tied to Hive. * SORT does not have liquidity, as this would reduce performance.
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If any holder wishes to exit their position, they must request it, as I do not place buy orders in the market.
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In the event of token liquidation, the assets are liquidated and distributed proportionally, currently at approximately 4.27 Hive per token.
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If a quick exit is requested, it will be carried out as soon as possible without harming the other holders. This will entail a penalty on assets. The last withdrawal was at 2 Hive per token.
That said, the objective of the SORT token is to continue with investments outside of Hive that offer very good returns. Dividends are currently suspended because the fund's volume is very low and does not justify the manual distribution process. The most likely outcome is a liquidation event in the medium term if the profitability no longer justifies it, or a return to dividends if the fund grows large enough. If Hive becomes a good place to do business again, I'll start posting and investing again.
If you have any questions, feel free to ask.
You can purchase your Sort tokens here:
https://hive-engine.com/trade/SORT
