Dear Splinterlands Community,
A few weeks ago I introduced the utility token for my site. You can read about it here: Introducing $TRENDZ token
The token's primary role is to extend basic functionality and unlock advanced features.
I also mentioned that I would like to honor my supporters in the long term. So, I developed a special loyalty program that rewards both the token amount and holding time. This is also an exciting experience because I have never seen similar before.
Loyalty points
Everybody, who owns at least one $TRENDZ token can earn loyalty points. Initially, you can earn 1 loyalty point/day after each token. You don't have to stake, each token in your wallet will generate points.
At the beginning of each month, everybody starts with a 0 balance. At the end of each day, the earned loyalty points are added to your balance. The earned loyalty points will also determine a leaderboard.
Multipliers
Currently, all token movement is synchronized hourly, so I can determine the holding period for each token.
By holding and not touching the tokens, you can increase the number of earned loyalty points per day:
| Holding time | Loyalty points |
|---|---|
| Initial | 1 point/day |
| 1 week | 1,5 points/day |
| 2 weeks | 2 points/day |
| 1 month | 3 points/day |
| 3 months | 5 points/day |
| 6 months | 7 points/day |
| 12+ months | 10 points/day |
Obtaining new tokens will start a new holding period for that amount.
WARNING!
I experienced, that if you create a sell order, the tokens will disappear from your wallet balance temporarily. So this action can break your holding period.
Samples
- You were rewarded with 5 TRENDZ tokens during the 40000 milestone giveaway. Basically, you earn 5 loyalty points/day, but you haven't touched it for 1 month. Your multiplier became 3, so you earn a total of 15 points/day
- You bought an additional 100 TRENDZ tokens. The holding period of these tokens starts now. You can earn an additional 100 loyalty points/day. The total earned amount is 15 + 100 = 115 points/day.
- One additional month passes. You can earn 3x100 + 3x5 loyalty points/day now.
- You are selling 50 TRENDZ tokens. The sold amount is deducted from your latest token set (100). You can still earn 3x50 + 3x5 loyalty points/day from now.
This seems a little bit hard to understand, but I will create a UI for following your progression and the actual leaderboard.
Rewards
Let's check out the rewards for the next month (march):
1. 20% dividend after all newly sold tokens
After each 10 TRENDZ tokens bought directly from @trendztoken account, 20% of the revenue will be added to the dividend reward pool. At the end of next month, the tokens in the reward pool will be distributed among loyalty point holders.
E.g. if the pool has 100 SWAP.HIVE and the 3 holders have 500/300/200 points by the end of the month, they will be rewarded with 50/30/20 SWAP.HIVE tokens.
In this month, a total of 272 tokens were sold, so this pool is currently 54 SWAP.HIVE (but it can increase until the end of the month).
You can check the rich list here: All TRENDZ token holders
I would like to point out that there is no free $TRENDZ token. My accounts also bought them directly from @trendztoken.
2. 10500 DEC tokens
10500 DEC tokens will be distributed among the TOP10 loyalty point holders:
| Place | Reward |
|---|---|
| 1st | 2500 DEC tokens |
| 2nd-3rd | 1500 DEC tokens |
| 4th-6th | 1000 DEC tokens |
| 7th-10th | 500 DEC tokens |
If two or more accounts have the same amount of loyalty points, the first token's obtainment date will count.
3. $TRENDZ token airdrop
21 $TRENDZ tokens will be drawn among TRENDZ token holders in the following way:
- 1x 5 TRENDZ tokens among holders with 100+ tokens
- 2x 3 TRENDZ tokens among holders with 50-99 tokens
- 3x 2 TRENDZ tokens among holders with 10-49 tokens
- 4x 1 TRENDZ token among holders with 1-9 tokens
These will be the rewards for the next month. Collect points and enjoy them!
Excluded accounts
For fair conditions, the following accounts are excluded from rewards: @szobipetya @splintertrends @trendztoken
How much and where to get it?
The initial price of a TRENDZ token is exactly 1 HIVE. The initial supply is 10000. The price of further issued tokens will be higher.
You can find it on various HIVE exchanges (e.g.):
By having only one TRENDZ token, everybody can become my supporter and benefit in the long term.
IMPORTANT!
Don't treat this token as a financial investment. It's just a utility token with possible long-term rewards. Nothing more 🙂
Thank you for your trust!
Notification list
@aaronm04 @addnode @alexis666 @alfrin @ali3nspawn666 @almajoy18 @almightymelon @amaari @aniekeme @arkasz @aubryd @azriella @balthazar88 @beaker007 @bechibenner @beelzael @beemengine @belhaven14 @beriand @bitandi @caminomechilles @captaindingus @catotune @chillmaw @circlebubble @city-of-berlin @creeptor @cryptochroma @csabesz07 @daethical @deficopper @diochen @dk1trade @dubble @ebastion @emeka4 @emeraldtiger @equipodelta @esbat @familyhistory @finsteraar @flummi97 @fredgsanford @freed99 @freesinger @future-love @geom @gregory-f @gs1 @guyman @harharhar @hatdogsensei @henruc @holdeck2 @hurtlocker @iblast @imfarhad @imno @insanejane @ivario @jdike @jhuleader @jingo-submo @jmehta @joseluis22 @kalivankush @karizma @lazy-bones @lightbruce17 @logen9f @lorddiablo @lordito @lordshah @lumpiadobo @mavisthemuggle @middle-earthling @mirko2000 @monsterbuster @moonthumb @mxm0unite @newageinv @noctury @olaf.gui @orangecrush12 @paparman @pirulito.zoado @poetchick4jesus @prapledragon @psyskiff @qazwaz @reibar @relf87 @rimurutempest @rqr4 @rtonline @rukien @rusty.bone @sarapony @sayuuu @scfather @scion02b @seeweed @sheikh27 @siberian12 @sidhu17 @sieghard1990 @sirsmokesalot96 @skoumpri @smallcircle @snowfear @sodom-lv @sparkyontherum @sparkyontherun @speedtuning @spyhunter @stamato @subidu @sudeon @synergized @szobipetya @tarabh @tariksaran @tecnotronics @theacks @thedoc07 @theroad2freedom @thewobs94 @tortangkahoy @travoved @txrose @vaynard86 @viniciotricolor @vortx @warrentrx @waynechuasy @wommi @xenowolfza @xvrcontinente @yablonsky @yahya.umer.hayat
Happy browsing!
Peter
https://splintertrends.com
https://twitter.com/SplinterTrends
https://discord.gg/YU82wKDhhC
https://splinterlands.com?ref=splintertrends
https://tribaldex.com/trade/TRENDZ
Excited for this ☺️
I like this and will hold some. But, apart from utility is there any backing up given to this token so the price action won't affect as more tokens circulate in the market?
Congrats and keep growing bro.
@lordshah Thank you! I can only say that the issue price will never be lower for later tranches. This is also an experience for me, and I have plenty of ideas. Its primary role is still the utility like XBOT, ARCHMAGE tokens but with a plus, like these rewards.
The primary concern is that whenever there are plenty of tokens in circulation and users tend to move on it keeps dropping, I see this problem in Hive, take any token even LEO was one $1 and now it's 2 cent.
Sorry, I still don't get it. TRENDZ is a utility token, you get additional features for it. If someone decides that he wants to sell for 90% cheaper, it's up to him.
All I can do is to incentivize people to hold. If you are looking primarily for profit, TRENDZ is not for you.
Incentives are also profits in some way. But, having a utility is a plus point as it make token more sellable. I'll still buy, just having a discussion, if you mind my words. Sorry for that.
It is good to back the tokens with something even HBD is a nice option.