RE: RE: LMAC Round 126 - The Final Poll! Vote for your favorite entries and help decide who the winners will be [295 HIVE to be awarded]!
You are viewing a single comment's thread from:

RE: LMAC Round 126 - The Final Poll! Vote for your favorite entries and help decide who the winners will be [295 HIVE to be awarded]!

Words
211
Reading
1 min
Listen
Play
4y

Hi Acidyo, a pleasure to welcome you at the LMAC :)

At the risk of providing you with more info than you asked for, let me lay out to you the economic structure of the LMAC. The LMAC is an open source project through and through and transparency is therefore a matter of course for us:

All rewards which arrive at the lmac@lmac account go into the weekly prize pool of the LMAC contest (-> beneficiaries, curation rewards and lately, author rewards on the comments in the Final Poll posts).

During each contest cycle four posts are made from my account:

  • New Challenge & Winner Anncouncement: Rewards go to lmac-operations@lmac-operations
  • Final Poll: Rewards go to myself (shaka@shaka)
  • Top Picks LMAC Trail: 30% of rewards go to top picks (10% each), 70 % go to myself.

All rewards which arrive at the lmac-operations@lmac-operations account go to our three moderators (20%), our developer (30%), hosting of our website lmac.gallery (~15%) and building our operational reserve (~35%).

So this is the flow of rewards into and within the LMAC. Hope this helps to compare with how other communities operate on Hive and make an assessment.

If you have further questions, or would like to know more about our activities let me know anytime!

Cheers!

@shaka: Hi Acidyo, a | Ecency