SMT Reward Pool Contract Executed!!! Curators To Earn 30% Post Rewards!

in #build-it3 years ago
Authored by @oghie1

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Over the past months, Hive Blockchain has been the land of opportunity for decentralized projects and Web 3.0 innovations respectfully. Special thanks to Dan's ideology of communities/tribes having their own community, token, and reward system on top of the immutable Hive Blockchain. This single ideology turned out to be the turning point for Hive since its inception.

That being said, we are excited to announce our just concluded SMT Reward Pool Contract. With the help of @eonwarped, and @reazuliqbal, we were able to redirect our webpage to run off the 'BUIDL' token. With this in check, users will start receiving 'BUIDL' for sharing their DIY and How-to crafts on our condenser and earn a whopping 30% curation rewards when voting their favorite DIY'er on our condenser. However, this will solely rely on the amount of BUIDL power you have, staking the tokens gives you voting power to reward and support your favorite DIY'er.

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Without further ado, the following data was deployed to our condenser:

  • Token - BUIDL

  • Post Reward Curve - Power (r^a)

  • Post Reward Curve Parameter - 1

  • Curation Reward Curve Parameter - Power (r^a)

  • Curation Reward Percentage - 30

  • Cashout Windows Days - 7

  • Staked Reward Percentage - 50

  • Reward Interval Seconds - 5

  • Reward Per Interval - 0.3

  • Vote Regeneration Days - 5

  • Vote Power Consumption - 200

  • Downvote Power Regeneration Days - 5

  • Downvote Power Consumption - 200

  • Tags - build-it, buidl, and diy

Authors and curators will be rewarded fairly with these new changes. These changes are not permanent and we might update them when the need arises in an attempt to reward our holders and content creators.

What's Next?
  • Delegation
  • Mining contract
  • Outpost (big thing!)

We'll love to hear your feedback about these changes either in the comment section below or on Discord

Invest in DIY. Invest in BUIDL.

Buy 'BUIDL' tokens on:

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Connect with us on our friendly socials:

Let's build together at Build-it!
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The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.