Housekeeping

in #cryptocurrency3 years ago

Time for a little LUV housekeeping.



Emissions

I recently wrote of emissions. With the LUVbot as the main mode of emissions, the quantity of LUV was drawing down. More LUV needed to be minted else the bot would run out. The question, then, was how much to mint? I'm a fan of lower supply, rather than higher. So, this morning 2,000 LUV were issued to the @LUVshares account.

The circulating supply increased to 12,000. This should be enough to keep the LUVbot happy for a while. LUV is emitted due to the community's effort...using the LUVbot. More LUV will be minted/issued as needed to keep things running.

LUV Appreciation Drop (LAD)

The first LUV Appreciation Drop (LAD) just went out. Some of you may have noticed two amounts, actually. The first was likely a very small and long decimal amount of LUV. That was my goof-up LAD as I'm learning the program! The second was the actual LAD, with an amount of 11.628. That's an odd amount, but, it's maths.

500 LUV total were dropped in the LAD to anyone holding 25 LUV or more.

  • Initially, I considered 50 LUV as the minimum, but lowered it to 25 to include more users.
  • Yet, 25 seemed high enough to give the LAD to those users who have engaged with LUV.
  • I also considered appropriating the LUV proportionally in some way...those with more LUV would get a larger LAD, those with less would get a lesser LAD. However, I opted for an equal drop. (In my view, there are benefits both ways.)

Please remember, this is not a dividend or return-on-investment (ROI). The LUV Appreciation Drop is simply a gift.

LUVshares NFTs

The LUVshares NFTs are currently all sold out. Round two featured Loov and Luvee. You can see them at https://nftshowroom.com/crrdlx/gallery (and then choose "All Created Art").

The 57 SWAP.HIVE funds from these sales were withdrawn as HIVE and have been moved from my account (@crrdlx) over to @LUVshares.

Withdrawing from hive-engine.
From crrdlx to LUVshares.

And, most of the HIVE was powered up to HP today. The NFT purchases are really helping LUVshares to build up HP and thus to replenish Resource Credits on its own. The plan is to continue this going forward.



Before: 9.375 HP (+192 in generous delegations)




After: 61.375 HP (+ delegations)

Thank you to those who purchased the NFTs. :)

Paying bills

With the liquid HIVE, I paid Privex.io for the VPS hosting services on which the LUVbot runs.

@privex provides a great service, accepts HIVE, and their fees are very reasonable. I wouldn't say paying bills is fun, but it was rewarding to pay for the VPS from LUVshares' own earnings. It's starting to stand on its own.


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:)

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Thanks so much for the LUV gift I just found in my wallet. What a lovely surprise. 💙

I found a post yesterday about tipping bots which included LUV in it and how to use it. I'll read it and start spreading the LUV. 😊

Posted Using LeoFinance Beta

Awesome. Thanks for using the LUVbot...that's how things will grow. :)

!LUV

Posted Using LeoFinance Beta

Thanks for using the command in here, now I can see that I should be able to use the command myself, lets see: !LUV

Command accepted!

Yep. It worked. Thanks! Received in my wallet.

Not sure if you're aware of the details but just in case . . .

You can send up to 3 LUV per day. (exclamation mark)LUV 1 will give one. (exclamation mark)LUV 2 will give 2. If you don’t add a number you will donate 3 LUV.

Posted Using LeoFinance Beta

Command accepted!

Hey @gillianpearce, you were just shared some LUV. With at least 5 LUV in your wallet, you can give 3 LUV per day, for free. See the LUV tokens in your wallet at https://hive-engine.com or learn about LUV at https://hive.blog/@luvshares https://ipfs.io/ipfs/QmZosc5B9VvqHJs1xVbLoxxGGc6BfmwJukG1dAr3J6PBLX

Hey @crrdlx, you were just shared some LUV. With at least 5 LUV in your wallet, you can give 3 LUV per day, for free. See the LUV tokens in your wallet at https://hive-engine.com or learn about LUV at https://hive.blog/@luvshares https://ipfs.io/ipfs/QmZosc5B9VvqHJs1xVbLoxxGGc6BfmwJukG1dAr3J6PBLX

wow, thats awesome - now i just have to remember to start using the tag ;)

Posted Using LeoFinance Beta

Yep, using the !LUV command is how things will grow. :)

Command accepted!

Hey @rxhector, you were just shared some LUV. With at least 5 LUV in your wallet, you can give 3 LUV per day, for free. See the LUV tokens in your wallet at https://hive-engine.com or learn about LUV at https://hive.blog/@luvshares https://ipfs.io/ipfs/QmZosc5B9VvqHJs1xVbLoxxGGc6BfmwJukG1dAr3J6PBLX

So I tried to find an instruction for Luv-Shares/Bot, but I didnt find one. I also did not search really hard :)

Is there a way to sent LUV more than once per day? Is there a benefit of having larger amounts of LUV in your wallet?

Hi. (a) Instructions. https://peakd.com/hive/@luvshares/about-luvshares gives the syntax, which is basically !LUV. You can give 3-per-day, that command gives all 3. !LUV x with x being a number will give whatever x is. So, !LUV 0.5 gives 0.5 LUV. (b) I really can't answer for you whether there is a benefit for holding more in your wallet. People benefit in different ways! :) That's something you need to decide for yourself. This morning I gave out a "LAD" (LUV Appreciation Drop) that was equal for all, as a free gift. Maybe such a gift will be proportional to holding size in the future, or remain equal, I really don't know. I see benefits both ways. But, again, to answer your question for now, holding or not in your wallet is up to you. !LUV 1

Command accepted!

thanks for the explanation. This way I can use it also multiple times a day. There is a thing in the German Community called the Bar ("die Kneipe") where we vote a lot of comments and also give out BEER and WINE. I thought about spicing it up and instead of serving alcohol I would be the Bartender that serves LUV :). For that it would be nice to give out more in a given day.

I will keep an eye out for updates and until then I will share my LUV in decimals.

I love your idea. That sounds fun for die Kneipe and brilliant to serve LUV. :)

Hey @thatgermandude, you were just shared some LUV. With at least 5 LUV in your wallet, you can give 3 LUV per day, for free. See the LUV tokens in your wallet at https://hive-engine.com or learn about LUV at https://hive.blog/@luvshares https://ipfs.io/ipfs/QmZosc5B9VvqHJs1xVbLoxxGGc6BfmwJukG1dAr3J6PBLX

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I see the in my wallet !LUV in my wallet too

Command accepted!

Hey @hivebuzz, you were just shared some LUV. With at least 5 LUV in your wallet, you can give 3 LUV per day, for free. See the LUV tokens in your wallet at https://hive-engine.com or learn about LUV at https://hive.blog/@luvshares https://ipfs.io/ipfs/QmZosc5B9VvqHJs1xVbLoxxGGc6BfmwJukG1dAr3J6PBLX