Changes in the Liotes Ranking

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▶️ Watch on 3Speak

This week in the Liotes News:

  • We have added a change in the Liotes ranking to make it fair for everybody
  • We have burnt 50% of the supply of LEN tokens since the start of this project!

Check out the video for all the details

Liotes Divider Blue.png

Liotes

A project run by @ph1102 and @achim03

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▶️ 3Speak

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44 comments
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Liotes Power Challenge Update

Today, the @liotes.one account owns 139 Hive Power and there are 219 LEN tokens in the pot!

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Thanks for the update. It makes sense to give more to those who have more stakes.

It's cool that 50% of LEN supply have been burnt already. All the best!

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It makes sense to give more to those who have more stakes.

Thanks for your feed-back. We believe so as well and I think it could be another incentive for people to buy some LENM.

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Great change and I think this makes things more fair and balanced.

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Thanks for the feed-back. I think it's a change for the better, not taking anything away from anybody and giving a bit more to the people who invested in the project.

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LENM divisor from 10 to 9 🤔. Reduce every week... Nice adjustment~

Thanks for the update to ranking 👍 I'm going to 3rd
!ALIVE
!LOL
!DHEDGE

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you have 0.0 vote calls available today, your vote calls will reset at next snapshot. You can buy DHEDGE on Tribaldex or earn some daily by joining one of our many delegation pools at app.dhedge.cc to increase your daily amount.

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@liotes! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ cursephantom. (1/20)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.

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Pretty impressive rank! Congrats!

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I think that is a fair change. Thanks for the update and it's been a while since I swapped my LEN tokens for LENM. So I might look into doing that.

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Thanks a lot for your feed-back!

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It's definitely a fair thing to do. I doubt any reasonable person will complain about the changes. 👍 !PIZZA

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Thanks for the update! A random thought struck my mind.

If someone has 50 Hive:
Option A: Buy 10 LENM, and it gives 3.33 points.
Option B: Delegate to @liotes.voter, and it gives 1.67 points.
So buying LENM gives twice the number of points versus delegation.

Both earn LEN in different ways but the APR for both seemed to be around the same based on your video.

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Your calculation is pretty accurate. So far the situation was that holding 10 LENM staked would give you only 1 point. If you delegate 50 LENM, you get 1.66 points. We found this not totally ok for people buying LENM. When you delegate, the money remains yours and at any time you can cancell your delegation without encurring any losses. When you purchase LENM, you invest into the project. Your risks are at much higher than if you delegate. We thought that this new point repartition was fairer for LENM holders. Since we don't take anything away from delegators or people participating in the missions, we thought that we would be able to give more appreciation for LENM holders.

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Yeah I agree on the higher risks of investing in the project versus delegation! 😉

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He believes these changes will benefit everyone and create a more level playing field. Excellent work.

!WINE

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That's a really good change in liotes project, Thanks for updating us 🙂

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It seems to be a reasonable update! Keep up the good work!

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Ugh, I'm in free fall :) looks like I need to buy more LENM!

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I hope this change will encourage people to buy more LENM. It deserves more benefit as you have said there

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I think it's fair for the LENM stakers. Maybe I missed it, do we also get points for having LEN/LENM in the diesel pools?

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LENM in the diesel pool are not counted for practical reasons (it would take a lot of time to add them, sorry about that)

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Oh well, I get it. At least they are liquid. Not that I used any of them for ages, lol.

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Thank you for making such an adjustment so that it will be more fair.

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Your post has been promoted with 1 ALIVE (burned by @youarealive) on We Are Alive And Social thanks to posting an on topic video in the We Are Alive Tribe Community.

!ALIVE
!BBH


Made in Canva

@flaxz - Alive Chat Host on @alive.chat

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@liotes! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ iamalivechalleng. (11/20)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.

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Thank you for burning ALIVE tokens and supporting the We Are Alive Tribe, you have earned 1 tickets for our weekly ALIVE Burning Contest.

!ALIVE
!BBH
!LUV


Made in Canva

@flaxz - Alive Chat Host on @alive.chat

Follow our Curation Trail

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@liotes! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ aliveprojects. (14/30)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.

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Great update. The changes appear to even the playing field. The liotes project is still one of the best in my opinion. Take care.
!ALIVE
!CTP
!PIZZA

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@liotes! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ darmst5339. (1/20)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want, plus you can win Hive Power (2x 50 HP) and Alive Power (2x 500 AP) delegations (4 weeks), and Ecency Points (4x 50 EP), in our chat every day.

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Thank you for your kind words! We appreciate it!

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