The Liotes Shop is now Open

in The CTP Swarm12 days ago (edited)

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We are happy to announce that the Liotes Shop is now open for business!

At the moment it is possible to rent the following products:

  • LEO Power
  • CTP Power
  • SPORTS Power
  • A selection of Splinterlands Summoners

Go to the Shop

We will try to add new products regularly to the shop.

All rentals are for 91 days, a fourth of a year.

Orders are checked and then processed manually in max 24h (Usually much faster)

In the Liotes shop we only accept LEN tokens

According to the value of the products and their possible return, we set prices in USD. However, the USD is transformed in Hive and then in LEN tokens by a plugin and whatever you rent and buy in the shop will be paid in LEN tokens.

To respect to USD, the LEN price will fluctuate quite a lot and you might want to look for nice opportunities in the shop. At the same time, you should know that the product supply in the shop is limited.

To make a purchase, you will need the necessary LEN tokens in your Hive-Engine wallet. After check-out, you will need to sign the transaction over Hivesigner.

Check out the video to see how the shop works

What do we do with the proceeds of the shop

The products in the shop either belong to Zoltan or me. The income from the shop goes to 90% to our admin account and we will use this money to buy new products to rent or sell.

There is however also a market fee. 10% of all the proceeds of the shop will be burnt! So each time you buy or rent something in the shop, you will actively help to reduce the LEN supply and increase its value.

Since we process all orders manually, we need to be able to access the products quickly, and therefore at the moment, we can't feature products from other people. Maybe this will become an option in the future. First, we need however to make sure that the shop works as planned.


Liotes

A project run by @ph1102 and @achim03

Resources


▶️ 3Speak

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Congratulations on your shop opening @liotes. Now this is real use case and should bring more value for Len token. Good job guys

 10 days ago 

Thanks! Appreciate the support! It will help others to progress in tribes, or in blockchain games, but it will help to LEN token, also! So, win-win!

!ENGAGE 10

Posted Using LeoFinance Beta

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Already put some of my LEN to use! I have a new summoner now :)
!invest_vote
Happy easter to all of you! There is still two of 3 easter eggs in my gallery!
https://nftshowroom.com/solymi/gallery/solymi_glitch-perfect_easter-egg

 10 days ago 

Thanks for your purchase! I hope it will serve you well!

!ENGAGE 10

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This is a big news coming for LEN miners. Incredible future loading.

 11 days ago 

Indeed! We are happy with the support and feedback that we got on the first day... And we had a couple of orders processed... It looks that there is a market for these things and we will add more different products to our shop very soon...
This is just the beginning!

Thanks for being part of the Liotes family!

!ENGAGE 10
!WINE

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Congratulations, @ph1102 You Successfully Shared 0.400 WINE With @uyobong.venture.
You Earned 0.400 WINE As Curation Reward.
You Utilized 4/4 Successful Calls.

wine-greeting
Total Purchase : 24845.318 WINE & Last Price : 0.290 HIVE
HURRY UP & GET YOUR SPOT IN WINE INITIAL TOKEN OFFERING -ITO-


WINE Current Market Price : 0.270 HIVE

Thank you for your engagement on this post, you have recieved ENGAGE tokens.

Sounds like a great sink. I plan on HODLing my LEN tokens for now since I don't have much but I have been getting a bit more lucky lately. So I am up to 0.9 LEN tokens from my LENM.

I personally don't think I'll be using the store since I prefer to keep it as something I can change into HIVE when I need it.

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 11 days ago 

I personally don't think I'll be using the store since I prefer to keep it as something I can change into HIVE when I need it.

That sounds like a great plan... I think that I have mentioned something similar in one of my vlogs here on Liotes... And also, we are doing something similar with other tokens which tend to have a stable price... ;)

!ENGAGE 10

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The shop is much better than my expectation, I'm fascinated 😍

I would love to rent CTP & LEO but at the same time I do not want to spend my LEN 😄 The best dilemma I've ever had, LOL ^^

 12 days ago 

Heheheeh... those are the "sweet agonies" :) :)
Thanks for the feedback!

!ENGAGE 10

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Very cool. I’m planning to finally get into Splinterlands, so I’ll definitely grab a couple of cards to help me starting out. If anyone who plays a lot has any suggestions on which ones I should get please let me know.

 12 days ago 

Thanks for using Liotes shop for renting your cards! They are already in your account for the next 91 days! And regarding some tips, I have some tip & tricks videos on my gaming account, maybe they can help you a bit... The account is @cryptofiloz and I also run daily giveaways, so maybe it will be interesting for you, too... ;)

!ENGAGE 10

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Cool. I'll definitely check it out. Thanks.

Thank you for your engagement on this post, you have recieved ENGAGE tokens.

Just placed my first order . One of the best usecase for a token guys . You are doing great :) Keep up the great job .

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 12 days ago 

It looks that you didn't confirm your order and it got automatically canceled... You will probably have to start it again...

Thanks for your kind words!
!ENGAGE 10

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Ah I still need 10 more LEN :( I will accumulate it and then buy again .

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 12 days ago 

Thank you for your order, Nathan! It is processed and you have received your LEO delegation for the next 91 days!

Appreciate your support, man!

!ENGAGE 10

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Congratulations for opening the shop! It's one step further in giving real value to LENs. :)

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Thank you! The shop should provide a use case for token holders and as you said give a value to our token :-)

!ENGAGE 10

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THE SHOP IS HERE!!!! It's like black Friday sales here!

All rentals are for 91 days, a fourth of a year.

Does this apply for delegations so it's a 91 day delegation?

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Yes, in order to keep things on the back-end as simple as possible, we opted for 91 days durations. This might be subject to change later on. It's the same for cards and HE-tokens.

!ENGAGE 15

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I'm in full support of the shop. It's an excellent idea & I'll be happy to contribute to it and buy from it! :)

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 11 days ago 

Thanks for the support! Appreciate it!
We will do our best to add more different things to the shop in the near future...

!ENGAGE 10

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Nice! The first sink. This sounds like a great idea. I'll be very interested to see how it all works going forward.

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 12 days ago 

We have already a couple of sales in the first few hours, and we are excited to see how it will develop in the future!

Thanks for the support!

!ENGAGE 10

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