HivePH Updates, May 2024

Here are some quick updates for HivePH:

We're collaborating with @hivepakistan community with regards to the curation, through our community representative @wittyzell, she'll be curating on behalf of Hive Pakistan in curating HivePH members.

If you haven't been keeping up with the monthly reports, there's a section in that post that displays how much the community receives liquid Hive from Hive Projects.

The community account currently holds DCBETA, SIM and BRO Hive Engine tokens that give out regular liquid Hive. Part of the funds go into buying up these tokens and in turn will used to add additional incentives to delegators of @hivephilippines. The returns and distribution time will vary but will be targeting around weekly to once a month if possible through @hivephtips account. The distribution will be in proportion to how much you're delegating to @hivephilippines and only accounts that have delegated beyond 7 days are eligible.

Each month, we use a portion of the funds generated by the community account on Hive Engine Tokens and our holdings have generated some consistent rewards which will be shared to the rest of the community members that are part of building this community up. This isn't as effective as owning the Hive Engine tokens yourselves but in a way, your HP delegated gives you a piece of the liquid Hive rewards from these tokens.

Lastly, if anyone wants to lead this community, feel free to apply. I've already made it clear that this isn't a post I'd want to be doing in the long term and would gladly hand it down to anyone that can do good for this community. - Adam.