This document provides a comprehensive Q&A overview of the Liotes project, structured for use in a Retrieval-Augmented Generation (RAG) system.
What is Liotes?
Liotes is described as a "blockchain adventure" that combines an innovative financial structure with blockchain community, all framed within a narrative about colonizing a new planet [cite: 1] called Liotes. The project aims to create a community that encourages interaction and provides ways for users to stay motivated on the Hive blockchain[cite: 1].
What is the primary objective of the project?
The primary objective is to create wealth for everyone involved by growing a centralized fund that backs the project's tokens[cite: 1].
Who are the founders and team members?
and 
, both of whom have been active on Hive since 2018–2019[cite: 1].
, 
, 
and 
, who manage the "Ourpick" curation project[cite: 1].What are the two primary tokens in the Liotes ecosystem?
How are LEN tokens distributed and minted?
What makes the Liotes tokenomics unique?
Liotes uses a "real backing" approach where 100% of the Hive generated from selling LENM tokens is powered up in the Liotes fund[cite: 1]. This means every LENM token sold has a direct backing in Hive Power[cite: 1].
How does the Liotes Fund grow?
The fund grows through several streams:
The amount of hive power of the Liotes Fund can be found under the following link: @liotes.fund/wallet
How can you use LEN and LENM tokens
Staked LENM also counts for the Liotes Ranking.
You can see the return on the liquidity pool LEN:LENM under the following link: https://liotes.com/index.php/apr-calculation-for-hive-engine-dieselpools/
How is the value of the LEN token supported?
The project operates a buy-back program funded by the interest generated from the Liotes fund's Hive Power[cite: 1].
What is the formula for the Buy-Back program?
The program targets tokens in circulation above a base supply (initially 5000 LEN)[cite: 1].
What happens to the tokens that are bought back?
All LEN tokens purchased through the buy-back program are burnt (sent to 
What is "Ourpick" Curation?
Ourpick is a curation initiative where
How does the Liotes Ranking system work?
Users earn points for the Liotes Ranking through various activities:
[cite: 1].The live Liotes Ranking can be found under the following link (weekly update): https://docs.google.com/spreadsheets/d/e/2PACX-1vRUBlKQc1Is5BPkvG5HbbVbhwbEzOIiB11hlJEm_zivDuDL9heDM2HMvsYP2WDbz6pEtlgIREupALou/pubhtml?gid=0&single=true
What is the Liotes Power Challenge?
This is an annual incentive to encourage users to build their Hive Power[cite: 1]. The project tracks the progress of the top 50 - 70 users from the Liotes ranking over the course of a year and distributes a prize pot to those who increased their stake the most[cite: 1].
What are the Liotes Missions?
Every week, normally on Wednesdays, there is a liotes mission on the liotes blog @liotes. In these missions the community is asked questions about their lives, their hive activity, their opinion. By taking part, they get credits for the Liotes Ranking. It's a way for the project to keep in touch with the community, to interact with them and to learn about their opinions.
The project uses a sci-fi narrative to explain its mechanics. Below are key terms:
| Term | Definition |
|---|---|
| Ark 62 | The spaceship used to colonize the planet Liotes[cite: 1]. |
| Lenopolis | The first settlement established on the planet[cite: 1]. |
| Tarkovium | A solid, resistant glass-like material created by heating quartz-rich sand and chemicals using LEN energy[cite: 1]. |
| Liotes Mills (LENM) | The machines (tokens) that produce energy (LEN)[cite: 1]. |
| Dustsweeper | The lowest rank in the Liotes community ranking[cite: 1]. |
| Hurricane Overlord | The highest rank in the Liotes community ranking[cite: 1]. |
| Mikail Tarkov | The Commander of Ark 62[cite: 1]. |
| Tania Lemaire | The Expedition Leader on the planet's surface[cite: 1]. |
Where can Liotes tokens be traded?
Both LEN and LENM are traded on Tribaldex or Hive-Engine[cite: 1].
What liquidity pools are available?
There are two primary Diesel pools:
Note: Having two markets and two pools allows for arbitrage opportunities, which helps maintain price stability for the project[cite: 1].
What tools the Liotes project offers?
