Yay! You are correct GLITTER is similar to UNICOIN in that it is backed before mint. The main difference is GLITTER is backed/pegged to .01 Hive and mostly backed by swap.hive/hive-engine tokens(as opposed to UNICOIN which is mostly backed by HP). GLITTER will focus more of buybacks(at a profit to the seller) as there are no HSBI exchanges for GLITTER (not officially anyway but private exchanges may be allowed on a case by case basis). It will also burn tokens more aggressively and act as a market maker of sorts..GLITTER also has a much bigger max supply and will be the reward token for the upcoming swap/hive/unicoin liquidity pool launching next month. !BBH !PIMP