First CTPSB dividends were paid out today

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(Edited)

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Today I've paid the first dividends to the people who have delegated Hive Power to the @ctpsb account. It was a first and it took me quite a long time to do it :-).

In total 608 CTP tokens were sent to the delegators. For every Hive delegated, they received 0.025 CTP tokens for the past week. This represents a yearly return of about 8.85% which is not too bad if we think that this has just started.

Amazing Hive-Engine delegations

This week we have received amazing delegations to this project and we have now quite a lot of voting power in different currencies. At the moment, I'm trying to fine tune the voting of the ctpsb account to get the maximum out of these delegations which is not that easy. Within a week, we will start to see some curation rewards coming in regularly in many different tokens.

These curation rewards will be used to buy CTP tokens to pay out even more dividends to the delegators.

This week we managed to buy 38 CTP tokens on the market. Obviously this is very little but we also didn't have that much stake in the different tokens. It can only become more consequent in the future. @jongolson, one of the biggest delegators to this project told me that he would burn the dividends that he would receive from this project. This would have a very nice effect. The burnt tokens would actually decrease the offer of the CTP token. At the same time, to pay the dividends the @ctpsb account would create a demand for the token. This can only have a positive effect on the ctp price in the long term.

Increase in APR

We shouldn't forget to look at the token value which has reached 1.095 Hive. Calculated on a yearly basis since the emission of the token, this is an APR of 52%! Which is an increase of about 1 percent since last week. One week ago we were close to reach 9000 Hive Power. We are now at 9567 Hive Power on the account!

Delegate tokens that are lying around

If you have some stakeable tokens that are lying around and that you don't plan to use, feel free to delegate them to the @ctpsb account. The more stake we have, the more dividends we will be able to pay and the more ctp tokens we will be able to buy.

A big thanks to everybody who takes part in this amazing project

For once, I want to thank everybody by name that is contributing to this project. Only to show how many people are part of it:

The delegators:

@blainjones
@jongolson
@cruisin
@sandymeyer
@clicktrackprofit
@nickyhavey
@bradleyarrow
@elianaicgomes
@alokkumar121
@rcaine
@hivetrending
@flaxz
@rezoanulvibes
@pixiepost
@andrewn
@ilazramusic
@maddogmike
@fiberfrau
@djsl82
@elizabetamt
@lisamgentile1961
@hirohurl
@aslehansen
@jangle
@gadrian-sp
@successchar
@invest4free
@adysscheryl

The token holders:

@aslehansen
@achim03
@jongolson
@ph1102
@cruisin
@blainjones
@elianaicgomes
@rcaine
@pixiepost
@elizabetamt
@theroad2freedom
@saachi
@bradleyarrow
@rezoanulvibes
@iamraincrystal
@russellstockley
@dera123
@kaseldz
@successchar
@lacrucita
@slackerman
@hirohurl
@imfarhad
@guurry123
@lisamgentile1961
@jangle
@flaxz
@fiberfrau
@gurseerat
@bold-n-italics
@elbrava
@mk992039
@captainbob
@djsl82
@adysscheryl
@ayhamyou
@jacoalberts
@andrewn
@alnash
@vimukthi
@alokkumar121
@hivetrending
@globetrottergcc
@ilazramusic
@hossain525
@maddogmike
@gadrian
@medaymane
@scottrohn

In addition there are the people who also delegated Hive-Engine tokens but it's mainly the same people that are already mentioned above.

A big thank you for making this project such a success!


Learn more about the CTP Swarm Booster:


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35 comments
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Dude....Just....Wow

I cant even begin to describe how cool this is....I'm on a mission to tell the world...CTP Community is awesome!!!!

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CTP Community is awesome!!!!

I couldn't agree more. Thanks for your amazing support to this project!

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Got my dividends!!!
And not even the sky is the limit now with this project!!
Really cool to see this growing so much and quickly!
And all community-driven!!
You rock!! we rock!! :)

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This project is the image of what this community can do. I love to see how this takes form and grows. Thanks for your great support!

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This is great! Thank you so much! I swear, this project is becoming a life of its own! The hard work that is going into this is really taking off. I appreciate you :)🧡

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Thanks a lot for your kind words Jenn. I really like to see how the efforts of the whole community come together in this project. Together we can move mountains!

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

You received more than 2750 upvotes. Your next target is to reach 3000 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

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Nice update Achim.
Lot of manual effort by you so that swarm can thrive. I guess automating needs first priority (I am feeling we are going to get more delegation in future.)

A little push in CTP price and growing of stake day by day mill make make great APR for delegator too.

Leo rewards are purely liquid (like CTP) so you might do 50% staking and 50% selling there.
Almost all other tribe have staked + liquid rewards. Leodex.io VM is great tool but with so many tribe token it become difficult to balance all. I guess we should not spending much time in figuring this out. Alternatively a curation trail for these token can be followed with like 1% vote and 100x multiplier.

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Hi @saachi,
Thanks a lot for your nice words.

Alternatively a curation trail for these token can be followed with like 1% vote and 100x multiplier.

I had this in mind for some of the tokens because honestly it takes a lot of time to figure out how to set things organically. Do you know some good curation trails for some of these tokens?

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For sports , I will give shout to @rezoanulvibes, I think he has it own sports curation account, Only issue is that curation trail do not override the votes.

For PAL, NEOXAG and ARCHON, I guess just make request to community to use these tags if feasible . These all are generic tribe can go well with CTP tag.

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Nice prgress...
I have one suggestion - use the voting Multiplier function from leodex to fully utilize the token power..
The people use different tribe tags for posting ... some a most common and some are used less... for example #ctp can be used in most of the cases but not the #leofinanace or #stem so the less used tags (content bases tags) may be underutilized in this case...
To use them effectively the voting Multiplier is a greate way...
You are doing a verry good job...
Thanks for all...
!BEER
!BRO

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I'm using the voting multiplier of leodex but I need to figure out the best way to access some tags. The easiest would be to follow some curation trails in some of the tokens. Do you know any good curation trails for any of the tokens?

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Very nice! I was surprised to get dividends. I just set the delegation a while ago. Very nice to passive income from it!

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You should now get some passive income every week from ctpsb :-)

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Thanks for the payout Achim, and great work, I know myself that the payout takes time since I do them for @thisisawesome, I calculate everything first in a spreadsheet, and then do a split screen with the spreadsheet and PeakD to make all payouts, plus I use PeakLock since that does not have the problem of sometimes sending double transactions as Keychain does.

Very interesting to see that multiplyer, I might have heard about it but not thought of it, or had the time to, I will look into that, I think that a good average should be possible to hold.

Keep up your great work.

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It's indeed quite some work to do these payouts. It was the first time and I need to get some habits. I will probably get much quicker in the future :-). It would be nice to be able to code our own bots to do such stuff :-) That would be a nice business idea.

Thanks a lot for your comment!

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I think there are such bots around, though I have no idea where to find them.

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I've found some of them on github but it's like reading a poem in chineese for me LOL

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Glad to see it is moving forward and doing better. Thank you for your hard work on this project. If it keeps moving forward like this, it will draw more attention.

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Thanks for stopping by. I hope it will catch some eyes :-)

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Awesome! Thanks for the dividends! I got mine yesterday and upped my delegation to you guys! Keep up the good work!

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Thanks a lot for the increased delegation. I greatly appreciate. You should get some dividends every week from now on :-)

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(Edited)

I had delegated CTP to CTPSB, instead of Hive!

So now I have delegated some Hive to CTPSB! ;)

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Thanks a lot @griega for the delegation. All kind of delegations are welcome but the dividends are paid only on Hive delegations :-)

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You're very welcome @ctpsb, I hope it helps all of us! :)

Yes, that would explain why I wasn't included in the list above. Hopefully next time! ;)

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