Note 1: Since the club had an entire blank week on curation rewards due to Equilibrium, only for this month the amount of monthly curation rewards to distribute among TLNT token holders will be downcreased in a 25%, representing 100 HIVE less for this month.
As we explained in our Token Introduction, we're distributing the 45% of club monthly curation rewards to TLNT token holders, on a monthly basis.
That said percentage represents, actually, around 400 HIVE/month.
The rewards distribution is made depending on the percentage of circulating supply of the token that you hold during that month. So, for example, if you own a 10% of TLNT circulating supply a month, you'll earn a 10% of 400 HIVE, that month.
As you also know, you need to hold a minimum of 1% of TLNT's circulating supply (10,000 TLNT at the beginning of this year) to be eligible to start earning rewards.
The interesting thing is that if you buy a certain amount of the circulating supply a year, with that single token purchase you can be generating income for years, since each year 1M of tokens are put into circulation and that will mean that the following year you will have less percentage of the circulating supply but you will continue to generate income as long as you do not fall below the minimum 1% required to be eligible to start earning rewards.
On top of that, our last update to enhance TLNT's tokenomics has been to implement a Buy & Burn system, wich thing will lead to distribute higher rewards to wider holders, every month.
Note 2: This Hive's TLNT token has nothing to do with Steemit's one, although they share the same name, put by mistake. You can read the statement we made about at here.
Note 3: Despite not having made a token migration or future planning to do so, we are compensating with new tokens, at a fixed conversion ratio, those users who bought to us the Steemit tribe token and who thus helped finance the club in some way in a past stage.
Current circulating supply: 509,501 TLNT.
Current minimum holding to start earning rewards: 5,095 TLNT.
TLNT Richlist and Payments
- @dresden - Holding 293,232 TLNT - Representing a 57.55% of current circulating supply - 172.65 HIVE
- @juancar347 - Holding 79,663 TLNT - Representing a 15.63% of current circulating supply - 46.89 HIVE
- @camiloferrua - Holding 53,585 TLNT - Representing a 10.51% of current circulating supply - 31.53 HIVE
- @jacuzzi - Holding 40,173 TLNT - Representing a 7.88% of current circulating supply - 23.64 HIVE
- @txatxy - Holding 21,143 TLNT - Representing a 4.14% of current circulating supply - 12.42 HIVE
All these conditions regarding the token, its technical data, its benefits, etc., may be subject to change under a unanimous vote in favor of the Executive Board of the club.
Visit us on our Discord server!
