SlothBuzz token check in, reflection and feedback.
Good morning buzzers! Just a quicky today, we would like to hear your opinions!
So, as we all know by now, Sloth.Buzz has its own token - SLOTHBUZZ. Which can be earnt via curating content with the #slothbuzz. All nice and simple so far. There were also a few SLOTHBUZZ added to some liquidity pools as rewards. The community, in general, is pretty happy with the low mint of SLOTHBUZZ, only 6.9 are minted per day as part of the Proof of Brain rewards through Sloth.Buzz.
We're going to be utilising Hive Engines Richlists for today's post (all images thanks to them) - SlothBuzz Richlist
The majority of users are Hodling their tokens, staking them to increase curation or utilising the Chatbot in our Discord. Of course, we do have some sellers (Which to be honest is great, because the liquidity is pretty low!)
But, we wanted your opinions, why do people sell their SLOTHBUZZ?
Need some quick cash? Don't know what SLOTHBUZZ is? Lack of confidence in future development? What do you think? We'd love to hear your opinions, and, if you're a SLOTHBUZZ seller, we'd even more so like to hear from you! How can we improve, what are we lacking, what would you like to see?
We often check the Tribaldex market and Hive Richlist to keep an eye on what people are doing with the tokens, we, of course, know it's up to each individual user at the end of the day what they decide to do, so we're not looking to 'shame' anyone. We noticed there were a few users unstaking/selling their SLOTHBUZZ, so would love to hear some feedback to see where we can improve.
As you can see, only a very small amount is actually under this circumstance, for the most part, people are staking everything they get, but even 1 Slothbuzz being unstaked leaves us room for improvement! The above image is for unstaking, now lets have a look at the staked amount, this is a more interesting image for us!
Here are the top 10 holders currently. But sloths there are 17 on that list!
Well, the top 5 are 'Slothbuzz' accounts, including SlothBuzz, PatLeBo, Slothlydoesit, SlothBuzzCurator and CryptoRadioFM (Top 5 in that order). As you can see, the top 3 delegates the majority of their tokens towards the Curator account. I wouldn't imagine that would change any time soon, it's been that way for almost 8months already!
We can also exclude 8/9th in that list, 8th is SlothBurn, which is focused on burning tokens and the 9th is Null, Hive's burn address! Over 500 tokens have been burnt already! Not bad when the circulating supply is around 10K!
So, for the most part, all the tokens earnt are staked in SLOTHBUZZ so far, we have a nice buyback wall in place to ensure the token price won't drop below 1.1 Hive, which continues to rise monthly. We're always looking for more utility for our token to ensure the community has the maximum potential for holding and using Slothbuzz.
We have some big changes coming soon to both Sloth.Buzz and CryptoRadio.fm so watch this space! There's never been a better time to snap up those SLOTHBUZZ from the market, or earn them via sloth.buzz or our Discord activities!
Looking forward to hearing your opinions, keep buzzin!
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Content Focus
- Support Small Creators
- Gaming
- Music
- Creative content
- Art
- Photography
Some general use for memes, blogs, contests and fun!
SlothBuzz is a community Outpost on the Hive Blockchain, Helping small creators grow.
$Slothbuzz token is used for the Curation of Sloth.Buzz content.
Always DYOR before investing in any cryptocurrency and remember Sloth.Buzz does not provide any financial advice.
All content is the opinion of the authors and not representative of Sloth.Buzz.
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Posted using sloth.buzz
https://leofinance.io/threads/slothburn/re-slothburn-c3sa2wju
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