Bayanihan Up Day Post Thoughts

in Hive PH4 months ago

A Bayanihan Up Day Post Thought:

We're never about selling you any ideas this community helping you in a get rich quick scheme. What we do instill here are values that put the commune in the community which happens to have side perks like social rewards from the blockchain.

At the time of this writing, the current effective HP of @hivephilippines amounts to 83,319.53 HP (this includes delegations and the account's accumulated HP). And at the time of this writing, that is valued at 18,773 USD (1,097,469.58 PHP) and this gives you an upvote of 0.931 $ at 100% vote weight. I don't know who onboarded you or what your expectations are from this platform but you can see how much the value of upvotes are and substantial upvotes take great amount of HP. It doesn't help that Hive has been struggling in a bull market.

Hivephilippines.png

This is the record for the hivephilippines voting activities for the last 30 days. It has made 972 upvotes with the top upvoted account being @hivepakistan which consists of 3.18% of the total upvotes given. All votes contributing to the top 10 accounts make up only 19.75% which means around 80% is given out to other accounts. If you notice the top 10 accounts, these are mostly from people that are more active within the community be it on chain or discord.

The account's voting patterns are monitored to ensure that the votes get distributed as fair as possible. It's not a full proof method since the system relies on the people using it. For Hayahays (Members) that prefer to just use the bot to vote on themselves, that's fine but self-voting is a secondary perk. The primary intention was creating a system where community members can pool their HP and distribute more votes with value for other community members. It's fine if you think of it as a means of self-enrichment but exercise some control over that greed vs altruism.

You delegate, get back 90% of the delegation rewards while the other 10% goes to the community fund which we published the monthly report regularly. A portion of those funds get reinvested on some tokens on Hive Engine and the value earned gets redistributed back as a bonus to delegators. For delegators that are also members, those voting privileges negates the cost of fees.

For every 100 HP you delegate, an estimated amount of 0.85 Hive goes to the community fund provided that you keep those delegations for an entire year on hivephilippines. How much more if you contribute nothing and still expect to get voted on?

Since regulating the votes is an admin task and it's a community concern, everyone is free to complain at the discord's #iron-cage channel where we can resolve conflict (or make it worse, whichever you like) rather than secret DMs. While the spiel was supposed to be supporting Filipinos on the blockchain, I do stand firm on the idea that not all users under this demographic is worth supporting.

Hindi na lahat gusto maging Hayahay sa HivePH, yung iba basta maka access lang ng #voteme di na mahagilap sa ibang channel matapos mag pa bibo. We notice these types of people but we don't mind. It's only when I start to mind will you see something is wrong and an account mysteriously leaves the server and pulls out their delegation. For those dissatisfied with how I run things, know that you could always volunteer to take up my role (I've been trying to leave it anyway) and do better.

I want Bayanihan Up Day to be a long running event just like HPUD but for PH community. Just like powering up 10 HP isn't going to change your voting value dramatically, so does adding 10 HP delegations to hivephilippines, but it does encourage the reinvesting habits and sense of community as the value is given out for everyone else in the community, including people you least interact with. In a way, everyone is helping each other out by proxy.

Sinulat ni Adam.

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As someone who doesn't post much, I find the VoteMe feature of HivePH really innovative. I believe in its purpose to empower hayahays to curate better. It's a privilege, and not a reward. Settings rules to prevent abuse is very much welcome.

purpose to empower hayahays to curate better.

I like the idea of empowering members and getting their say on how the stake should be used even as mundane as choosing which post to vote on. There's no other community on Hive that does this system outside community curator privilege as far as I know.

Pero masaya po ako na hindi na po ako kasali sa top 10.😄 Gusto ko lang talaga maging ordinaryo.😁

Opinyon ko lamang. You did your best as best as you could in this situation and I salute you for that. Hindi natin mababago ang ugali ng mga tao base from my experience irl at internet world ang puwede ko lang gawin ay mag advice nasa sa kanila nalang kung makikinig. 3months and 1 week in palang ako sa Hive hindi ko alam ang mga backstory ng kanya kanyang opinyon ng mga tao lalo na sa HivePH. Ang long term goal ng HivePH ay malinaw at maganda kung magkakaisa. Ito lang mga nakikita kong suggestion or solution.

  1. Ilagay lahat sa 20% voting power it doesn't matter kung may delegate ka ng 1 billion HP or naka 1 billion chats ka sa Discord. Ang matitira ay gawing rewards or community fund para sa ibat ibang projects sa Pilipinas (fund drive, meetups helping hand etc.).

  2. Alisin totally ang voteme privelege ng mga members at ibigay sa 2 or 3 na tao. Suggestion ko ay si witty at lhes they earn my respect. Dito mo makikita kung sino nga ba ang mga members na sincere na makatulong para sa kababayan nila at hindi sa get rich quick scheme which is wala naman yumaman talaga diyan. Ang akala kasi ng iba nakalamang sila hindi nila alam nilalamangan nila sarili nila. Imbis na an apple a day keeps the doctor away ginawa nilang a Hershey's a day 🤣.

Again ito ay mga opinyon ko lamang.

What you ask is how the old system used to be before we got to the point where we are right now. I could elaborate the cons of doing following your suggestion but the short version is asking for curators more time and effort for little pay off and getting the rest of the community who already use the privilege responsibly pissed. If abuse is found within this system, everything is traceable to a specific actor and they are dealt with or have the system adapt to a new policy as needed.

I see. Share ko lang ginagawa ko using the voteme system from HivePH. Titingin ako ng good articles sa post stream then upvote ko using my own HP tapos upvote ko using voteme. If nalate ako sa good article at naupvote na ng mga members siyempre uvpote ko parin kasi nga maganda ang article. Self vote....hindi ko kailangan ito nasa reader ang paglike or pagupvote ng article, nasa sa akin din paano ko pagandahin ang article ko. Of course ako ito may kanya kanya tayong choices. Maraming way para kumita sa Hive blockchain hindi lang sa pag upvote sa sarili kaya lang tamad talaga tayo magbasa 🤣. Anyways looking forward parin ako sa future ng hiveph suportahan taka ika nga.

I'm guilty for not being active in discord. Thank you admins for working hard

Good morning my brother and best wishes for today and this is a good looking article.

We wish to contribute more towards pH community growth.

but why does @hivepakistan got the highest number of upvotes?

 4 months ago