This Is Awesome - Improving Delegation Rewards
Made in Desygner
This Is Awesome
The goal of this project is to grow the Hive ecosystem by rewarding awesome content, and we do that by following curation trails that curates good content, much of it manually, and in the following categories.
- The #IAmAliveChallenge
- The #LukeIsAlive contest
- The CTPtalk tribe
- The Actifit Dapp
- The #Freewrite project
White Paper
Here is our White Paper laying out the details for how we have tokenized our Hive Power, White Paper - $AWESOME.
Made in Desygner and Adazing
You can trade the AWESOME token here, https://tribaldex.com/trade/AWESOME
Improving Delegation Rewards
So while the AWESOME token is doing fantastic and is delivering over 500% APR since it's launch, rewards to HP delegators is a bit on the low side.
We pay out 2 tokens to delegators currently, ALIVE and CTP, and with this also comes that we are quite dependent on how they are performing on the market.
We also buy ALIVE and CTP with half our weekly liquid Hive earnings, and the other half goes to buy dividends paying tokens to grow our passive income with.
Now the question is how do we best improve rewards to HP delegators with the resources we have?
Here is the plan that we suggest.
- To continuously buy AWESOME tokens with earnings on @thisisawesome throughout the week, this will allow us to tap into the growth of that token, and note that we are using @awesomecuration to do the trading for the token peg.
- Once it is time for the weekly payout we sell 2 thirds of those AWESOME tokens, and use the Hive we get the same way as before.
- The AWESOME tokens we have left will then be paid out to HP delegators in addition to the ALIVE and CTP that we also pay out.
This way we are able to both tap into the growth of our Hive Power which is backing the Token Value for the AWESOME token, plus we are also paying out more to HP delegators.
After having implemented this we will also start looking at possibilities to pay out other tribe tokens as well.
Please add your feedback.
Mention all delegators.
@torrey.blog
@ph1102
@flaxz
@alokkumar121
@thatcryptodave
@pixiepost
@tristancarax
@reeta0119
@paulcaraway
@certain
@elianaicgomes
@iamraincrystal
@justclickindiva
@fiberfrau
@cccf
@athomewithcraig
@guurry123
@cliffagreen
@jeanlucsr
@mariannewest
@gadrian-sp
@imfarhad
@andy4475
@kingneptune
@invest4free
@krevasilis
@iamalivechalleng
@johnsdowie
@regenerette
@wearealive
@jacoalberts
@alovely
@alive.chat
@arena10
@quinnertronics
@flaxz.ctp
@alente
@flaxz.alive
@youarealive
@aliveprojects
@adysscheryl
Thank You!
Thank you very much for reading this post, leave your thoughts in the comments below, and ...
Stay Awesome!
Sincerely,
This Is Awesome
Join us on Discord: https://discord.gg/SthJJDZ
Sounds like a solid plan to me
Thanks a lot, I am glad you like it.
!ALIVE
You Are Alive and have been rewarded with 0.1 ALIVE tokens from the We Are Alive Tribe, and it's paid for by the earnings on @alive.chat, swing by our daily chat any time you want.
https://twitter.com/thisisawesomeeg/status/1428124294861758471
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Thank you.
I love the idea and it's always great to have more tokens. Awesome Idea
Thanks a lot Alok, and yes more diversification, plus we get to grow the payouts more as well.
!ALIVE
You Are Alive and have been rewarded with 0.1 ALIVE tokens from the We Are Alive Tribe, and it's paid for by the earnings on @alive.chat, swing by our daily chat any time you want.
Love it! This allows me to reap the rewards of the 500% APR while at the same time building my holdings in AWESOME for the future. It makes delegations a much more attractive investment and adds utility to the AWESOME token itself. Great plan.
Thanks a lot, and yes that is also a great point, the payout keeps growing in value at a great rate, thanks for your awesome support.
!ALIVE
You Are Alive and have been rewarded with 0.1 ALIVE tokens from the We Are Alive Tribe, and it's paid for by the earnings on @alive.chat, swing by our daily chat any time you want.
Everything is AWESOME √√√
!PIZZA
@thisisawesome! I sent you a slice of $PIZZA on behalf of @andy4475.
Learn more about $PIZZA Token at hive.pizza (4/10)
Thanks a lot, and I am glad you like it.
!ALIVE
You Are Alive and have been rewarded with 0.1 ALIVE tokens from the We Are Alive Tribe, and it's paid for by the earnings on @alive.chat, swing by our daily chat any time you want.
Team awesome
I am fine with the changes.
Thanks a lot for your awesome support.
!ALIVE
You Are Alive and have been rewarded with 0.1 ALIVE tokens from the We Are Alive Tribe, and it's paid for by the earnings on @alive.chat, swing by our daily chat any time you want.
That sounds great! The way you explain it makes sense and I think that will stimulate growth for the token and delegators alike. I'm all for it!
Thanks a lot Jaco, and yes more rewards to delegators is important to keep a good APR for the token as well, since that will get us more delegations.
!ALIVE
You Are Alive and have been rewarded with 0.1 ALIVE tokens from the We Are Alive Tribe, and it's paid for by the earnings on @alive.chat, swing by our daily chat any time you want.
Thank you once again for the tokens! I do appreciate it!
Keep enjoying them, we are working to pay out dividends to ALIVE stakeholders too by the way.
That sounds great. I'll definitely keep that in mind!
👍🖖
Congratulations @thisisawesome!
You raised your level and are now a Minnow!
Wow that is fantastic to hear, thank you very much.
!ALIVE
Congratulations on becoming a minnow @thisisawesome 🎉🎉🎉
Thanks a lot @arcange, it's about time lol, tokenizing our Hive Power made it possible to both stop constantly power down and the token now earns about 500% APR, it will drop a bit as we sell more tokens though, but still 100% backed by our HP.
!ALIVE
You Are Alive and have been rewarded with 0.1 ALIVE tokens from the We Are Alive Tribe, and it's paid for by the earnings on @alive.chat, swing by our daily chat any time you want.
You Are Alive and have been rewarded with 0.1 ALIVE tokens from the We Are Alive Tribe, and it's paid for by the earnings on @alive.chat, swing by our daily chat any time you want.
