RE: I Am #AliveAndThriving Today! || #IAmAliveChallenge || Daily Off-Grid Jungle Journal Entry: Day #523 - The Necessity of Creating Parallel Counter Systems - GaiaYoga Gardens, Lower Puna, Far East Big Island, Hawai'i - Monday, January 1, 2024
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Thanks for the mention! We feel that is what cryptocurrency was about in the first place was creating an alternative economy. Now we just need people to actually use it, haha.
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Absolutely, you're so very welcome! I really appreciate what you're doing, and I want people to know about it! Yes, I very much agree there. They took the power of money out of the hands of banks or governments, and put it squarely in the hands of the people! Of course not all crypto is created equally, with the CBDCs being an extreme example of very, very bad ones.
On a different topic, I just learned today that Hivehustlers is closing down, along with the HUSTLER token (of which I sadly had a good bit), and the rearrangement of LIST and COM. So the only way to get COM now is from the diesel/liquidity pool and delegating? 😁 🙏 💚 ✨ 🤙
That is correct. The HUSTLER token is basically trading next to zero for some time, plus the tokenomics were all screwed up thanks to the previous owner burning 80% of the supply in the beginning. Plus, just done with managing another front end and token ecosystem. This just makes more sense in the long run. It was actually the original plan from the beginning but we tried ti make it work. So yes, being that we need support in delegation and liquidity for Hivelist, that is what we did for the COM token distribution. The LIST token already has its own staking rewards. HUSTLER didn’t have any staking rewards going on other than COM. We may change it down the line, but really need help with delegation and liquidity to help Hivelist grow.
OK, I appreciate the info, thank you. I'm unstaking and selling the HUSTLER that I have, and I'll put @hivelist on my list of future HP delegations. I've always really liked COM, as daily payouts in SWAP.HIVE are very helpful indeed. What are the staking rewards for LIST now? 😁 🙏 💚 ✨ 🤙
The staking rewards for LIST are the same as they always were and that is earning more LIST tokens. Having only 2 ways to earn COM now will help with not having so many out in circulation getting dumped. Hoping this might help the value a bit. We are doubling the amount that each HP to this account earns from 0.05 COM to 0.1 so that should be enough getting issued out. We need the delegation to grow as well as liquidity in the pool.
OK, that's what I thought, so this was much-appreciated clarity. I've slowly been building my assets in the pool, and will continue to do so. I'll delegate HP as soon as I'm able. 😁 🙏 💚 ✨ 🤙