Today’s GLYPH Update
Today’s post will be a little shorter than usual. I spent most of the day working on various projects at a family member’s house. Despite that, I still managed to do a few things on Hive and continue working on the GLYPH project.
Even though I did not have as much time as I would have liked, I still wanted to publish this update to keep you informed about the progress of the system.
Your Earnings from GLYPH Staking
Yeah! Two of you have now staked your GLYPH. Here are your first rewards.
Even though the amounts are still quite small for the moment, I sincerely want to thank you for your trust and participation. The project is progressing gradually, and every participant helps contribute to its development.
@ahmedabbaci
Reward: 0.00000014 GLYPH WIN@barski
Reward: 0.00000004 GLYPH
Current Staking Rules
Here are the approximate rewards currently planned according to the amount of GLYPH staked:
- 5 GLYPH staked: approximately 0.00071 GLYPH per day
- 10 GLYPH staked: approximately 0.0014 GLYPH per day
- 20 GLYPH staked: approximately 0.0028 GLYPH per day
- 30 GLYPH staked: approximately 0.0056 GLYPH per day
For the moment, the limit is set at a maximum of 30 GLYPH per person.
This limit is necessary so that I can maintain a reasonable reward rate and honor my commitments to participants. I prefer to start gradually with a system that I can realistically maintain over the long term, rather than offer rewards that are too high and that I may not be able to guarantee over time.
Since the project is still in its early stages, rewards may be adjusted in the future depending on the development of the token, the number of participants, and the overall results of the system.
How Do You Earn GLYPH?
To distribute rewards, I use a bot that automatically votes on certain Hive posts.
At the moment, the bot votes at approximately 3.5% on publications that meet several criteria, including:
- an article of more than 500 words;
- an author with a good reputation;
- original and interesting content;
- a post that follows the community rules;
- a publication that provides genuine value to readers.
A few additional rules are also used to help select only the posts that truly deserve a vote. The goal is not to automatically vote on everything, but rather to support serious, well-written, and interesting content.
If the bot voted less today, it is simply because I am currently making several updates to its programming. I am constantly trying to improve it so that it becomes more efficient, fairer, and more stable.
When you receive a vote from the bot, you will then receive approximately 0.0003 GLYPH within a maximum of 48 hours.
Final Thoughts
Every day, I try to find new ways to improve the entire GLYPH project, whether it concerns the rewards, staking system, voting bot, or token distribution.
The project is moving forward little by little. Even though the results are still modest, every step is important. I would like to thank everyone who follows the project, participates, stakes their GLYPH, or simply takes the time to read my posts.
Your support is greatly appreciated and encourages me to continue developing this system on Hive.