馃殌 GLYPH, Staking and Rewards Update
馃敼 GLYPH staking is now available
It is now possible to stake your GLYPH tokens.
At the moment, this feature does not yet provide any direct utility for the token. However, it is an important first step in the development of the project and in the long-term plans I have for GLYPH.
Implementing this feature cost me 1,000 BEE. The next step will be to add the possibility of delegating GLYPH, which will require another investment of 1,000 BEE.
The project is therefore progressing step by step. Each improvement needed to transform GLYPH into a truly useful curation token requires time, work and resources. In total, I still need to gather approximately 4,000 BEE to implement all the features I have planned.
For now, staking mainly serves as a technical foundation on which we can build the next developments. Even though its usefulness is still limited today, this feature will become important for the future of the project.
The current cooldown is set to 60 days or 60 transactions.
The next objective is therefore to save another 1,000 BEE in order to activate GLYPH delegation. This will probably not happen immediately, but every contribution and every delegation helps bring us closer to this goal.
If you have any ideas about how staking could be used while we wait for the project to be fully completed, feel free to share them in the comments. All suggestions are welcome, as they may help improve the future functionality of the token.
馃敼 My HIVE POWER goal
I am also continuing to increase my HIVE POWER.
My goal is still to reach at least 20,000 personal HP. This power will allow me to gradually improve my curation abilities, support more content creators and strengthen the stability of my different projects on Hive.
Increasing HP is a long-term process, but every reward, delegation and reinvested earning brings me a little closer to this goal.
馃敼 New leasing offers available
I have also added new leasing offers on Hive-Engine:
馃憠 https://hive-engine.com/lease
If you use this system to delegate HP to @we-are-ai or BEE to
@benef.tribes, you will be able to receive rewards in BEE.
Please note that you must use the official Hive-Engine leasing system in order to qualify for these rewards. Delegations made directly or through another method will not be counted for the rewards program.
I will add new offers whenever possible. The BEE distributed through this system are my way of thanking you for your help, trust and support for my different projects.
Your delegations help me in several ways:
- they increase my curation power;
- they help me grow my personal HP more quickly;
- they contribute to the development of the GLYPH project;
- they allow me to support more creators on Hive.
Every delegation, even a small one, can therefore have a significant impact on the overall progress of the project.
馃敼 The role of
@benef.tribes
The @benef.tribes account aims to accumulate BEE through the #tribes tag.
These BEE will then be used to finance future improvements to the GLYPH token and to continue developing the features that are planned.
The goal is to gradually build a consistent system where the rewards generated through curation can be reinvested into the project, increasing its usefulness and offering more opportunities to users.
Every step takes time, but the project is constantly evolving.
馃敼 My GLYPH staking
Even though staking does not yet provide any direct utility, I have also decided to stake some of my own GLYPH.
This shows that I believe in the future development of the project and that I am personally participating in the system I want to create for the community.
The goal is not simply to create another token, but to gradually build an ecosystem around GLYPH, with different possibilities related to curation, delegations and rewards.
馃敼 Curation rewards
At the moment, a total of 275.494659 BEE has already been distributed.
But how can you earn these rewards?
My voting bot operates 24 hours a day, 7 days a week, whenever its voting mana is above 96%.
It votes with approximately 3.5% voting power on posts that meet several criteria, including:
- the article must contain more than 500 words;
- the author must have a good reputation;
- the content must be original and interesting;
- the post must not be muted;
- the post must not be classified as NSFW.
I also do not vote for accounts that are on a blacklist. I still need to update this list in order to improve the way the voting bot operates.
The goal is to distribute votes as consistently as possible while supporting authors who regularly create quality content.
馃敼 Final thoughts
The project is moving forward little by little.
Some steps may seem small or not very useful when viewed individually, but every stage is necessary to build the future of the project. Developing a token and creating a real curation system requires time, resources and patience.
GLYPH staking is now available. The next major step will be the addition of GLYPH delegations, followed by other features that will gradually give the token more utility.
On my side, I will continue working on increasing my HP, developing the curation system, distributing rewards and improving the different accounts connected to the project.
Even if the changes are not always significant from one day to the next, the project continues to evolve.
Thank you to everyone who supports me, delegates HP or BEE, uses the different systems I have created and participates in the life of the project. Your help truly allows things to move forward.
See you soon for more updates about my projects and the development of GLYPH! 馃殌