July Larynx Token Claim - earn staking reward by powering up your LARYNX tokens

You can earn 50% more by delegating to a network provider account

Before claim.jpg

Today is the last date to claim your Larynx Tokens for July, as this month is ending today. I have been claiming my Larynx tokens every month, without fail. You can see your claim status on the 3speak dashboard telling you exactly in terms of months. So this is the screen shot after claim and it shows me I last claimed in July and if you have claimed every time, then you should see like 34567 times. So in total, I have claimed for five months, and the number starts from 3 ( because of 2 claims on test net before the actual claim). I wish, @threespeak makes it better to tell us in terms of months, like Dlux dashboard. Click on the Claim button and it will need you to log in to HIVE Keychain to broadcast the transaction. HIVE Keychain just needs your posting rights to perform the transaction, so you can just import the posting key to Hive Keychain and the transaction goes through saying it has been broadcasted. The 3speak dashboard gets updated quickly to show your current claim, but it still shows the Claim button (which I expect to be fixed - should not it be hidden ?) . You can also see your claim status by checking your balance on the Dlux dashboard by going to : https://spk.dlux.io/ . Again this also will use Hive Keychain, and you can see the balance like this :

Balance Larynx July.jpg

If for some reason, you are not able to use Hive Keychain, then here is the old post that mentions a direct method :

https://peakd.com/hive-167922/@spknetwork/how-to-claim-larynx-step-by-step-tutorial

Now coming to the usage of these Larynx tokens, if you see the latest post from @spknetwork, then there are some promising news coming up and things getting built on the SPK network.

There are three token types in our proposed ecosystem. LARYNX, SPK, and BROCA. LARYNX is the miner token with an ongoing airdrop that can be claimed monthly. SPK is the governance token that will help turn our HIVE "side-chain" or "layer 2" into a DPoS (Delegated Proof-of-Stake) layer 2. This current change being tested allows our Larynx miner stakers to earn a very small amount of SPK to build a seedling governance. At our proposed distribution rates of 0.1, 0.015(x2), and 0.01%, we will expect no more than 15,000 SPK tokens to be minted by the next release; after which these tokens will vote a top 20(and even the number 20) which will then vote for the networks validators and other key network variables.

Yay, Larynx miner stakers can earn SPK token and contribute towards building the seedling governance. It is small, but hey it is something that we are earning for free. And the test net is already live and as per the post, it is not expected to last very long.

Now that you've powered up your LARYNX tokens, you're earning the base staking reward of 0.01% APR on your powered tokens. You can earn 50% more by delegating to a network provider account. You'll both earn 0.015% on the delegated amount. In the future, we hope this encourages network providers to provide better infrastructure and services without having to finance virtual miners and provide real services.

So the good news is that, we can earn SPK tokens by just delegating to network providers. And since the top 20 will vote for the network validators, there will be some good competition there, once its live. So indirectly, we are going to contribute to the governance model.

So ready for the next decentralized Web 3.0 protocol ? As I wrote in my last post, I am going to speak in the first web 3.0 meetup at my place next week and people are now actively looking for Web3 solutions - its in fact quite a buzz now a days. Together we will take over these Web2 companies - slowly but surely.

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copyrights @sanjeevm - content created uniquely with passion for #HIVE platform — NOT posted anywhere else! #HIVE is my only social diary - my blog is my life.

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31 comments
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I think this is a good opportunity. Nice information to claim LARYNX tokens. Thanks. I will try

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This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating to @indiaunited. We share 100 % of the curation rewards with the delegators.

Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.

Read our latest announcement post to get more information.

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Please contribute to the community by upvoting this comment and posts made by @indiaunited.

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This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

Please contribute to the community by upvoting this comment and posts made by @indiaunited.

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Congratulations @sanjeevm! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

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Thanks for the awesome information it is very helpful and much appreciated.

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The issue I keep having is even after claiming, it still brings the option to claim again, I think it's something that can be worked on because it can be misleading. I'm looking forward to see the SPk network exploding and providing great use case for 3speak.

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Yes, that's not ideal, it is misleading and should disappear on claim.

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It's really a nice opportunity to learn about this good information

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The easiest of claiming is with this li k....I discovered it this morning th only and there is no confusion or no delay.

https://spk.aliento.blog/

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Wow, I was not knowing about this, thank you for the info.

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I claimed the mine in the first week and tomorrow would claim for the next month. Thanks for the reminder to those who are yet to claim.

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Yes, I have been claiming on the last day and the next day, makes it easy. I think, once the main net goes live, there will be good demand of these.

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Wow, that's great. It's a nice way to earn more. I just claimed my first reward two days ago for the first time.
Two months ago and last month, I tried several time but I wasn't able to claim it. Furtunately, this month, I gave it another trial and it worked.

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I use Spk.dlux.io to claim my tokens. I access it through the we browser built into the hive Keychain app on iOS. It makes broadcasting transactions super easy.

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(Edited)

Ah, this is the second time I would have missed claiming my tokens if not for your reminder post 😅. Thanks, man. I usually claim using Hivesigner because I keep having problems with my keychain, due to that I can't also stake right now but I'll do that as soon as I sort things out.

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🙏 thank u, i almost forgot to claim for this month.

got it now! 😁😉

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good way to continue increasing our portfolio with the Larynx Tokens I will be very attentive to see if I can claim them for the next month of August

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It's my first time to know about this. Then now is the time to log in and try the steps you have told us.

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Larynx token? Sound like a medical term 🤔
I think I have heard about it sometime ago on one of your posts. Anyway, its a good one you put out this info.
I will check out those links for better understanding. Thank you! And good luck on your presentation. Make sure to represent Hive more than well 😁😁

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Thanks for this post, otherwise I wouldn't have known about the Defi-esque feature of SPK network. There so much to explore here in Hive which is so cool :)

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