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.
Without further ado, the following data was deployed to our condenser:
Token -
BUIDLPost Reward Curve -
Power (r^a)Post Reward Curve Parameter -
1Curation Reward Curve Parameter -
Power (r^a)Curation Reward Percentage -
30Cashout Windows Days -
7Staked Reward Percentage -
50Reward Interval Seconds -
5Reward Per Interval -
0.3Vote Regeneration Days -
5Vote Power Consumption -
200Downvote Power Regeneration Days -
5Downvote Power Consumption -
200Tags -
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
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