The concept of the HVOTE token is to be an investment vehicle that is underlayed with a real steem account (@happyvoter). The Steem Power of the account defines the value of the token. Every week we define a sales and a buying price according to this token value.
From the income of the underlying account, we take a part that is destined to put buy orders on the market. So every week a certain amount of tokens can be sold back. The amount depends on the amount of steemp available on steem-engine.
The concept of the HVOTE token is to be an investment vehicle that is underlayed with a real steem account (@happyvoter). The Steem Power of the account defines the value of the token. Every week we define a sales and a buying price according to this token value.
From the income of the underlying account, we take a part that is destined to put buy orders on the market. So every week a certain amount of tokens can be sold back. The amount depends on the amount of steemp available on steem-engine.