The level of entitlement is off the charts
If you don’t hold tokens, you don’t get dividends. How is that hard to understand?
- LP means you hold LP tokens. You’ll get paid for 50% of the size of your LP (since you hold a claim on 50% surge in the LP)
- If you hold SURGE in your wallet, you get 100% dividends because you hold surge in your wallet
- If you have a sell order for your surge, you don’t hold that SURGE nor do you hold LP tokens. You are creating net negative impacts on the economy
If LSTR required you to stake your SURGE, you would not get paid yield if you held it in a sell order, would you?
Their blog posts are very clear on this. People asking for it to be different are feeling a high degree of entitlement. That’d be like asking for USDC if you held LEO liquid on LeoDex vs sLEO
Duh
I think there are many who are not "entitled". They just don't understand.
Myself included. And I would bet a lot of money that I understand more than most. It is obvious that people did not understand this very well.
The entitlement is not the asking of questions
It’s the pushback when you don’t get the answer you want to hear even when you’ve been provided with logic
If you don’t own something in your wallet, you don’t get dividends
I don't have a huge problem with it per se. My pushback was due to the fact that this isn't the way it works with stocks and that is what I expected--not entitlement.
If I hold a stock that pays a dividend and put it up for limit order sale, then I receive dividends on that stock until it sells. I assumed the same here.
The new post explains it well, but I have gone back and read the original post several times and see no clear (to me anyways) indication that this is how it was.
They do say holders, but my initial understanding is that I am a holder until sold. If I put in a limit order then it is not sold until--well it is sold. I understand it is not in my wallet, but I still control that token as I can rescind the sell order at any time.
I was not selling anytime soon, so it didn't really matter to me. I can see why people could be confused and believe "logically" that it's yours until it is sold.
Glad it's all cleared up though. Really, it just needed clarity. 😀
A sell order means I hold nothing in my wallet. Correct.
Are they actually in any wallet? I don't know the answer to that one. Maybe I should.
But I still OWN them. My active key controls their fate supposedly and have set conditions under which that can happen.
Who else owns them?
The future buyer certainly does not.
The exchange could take them--I guess, but do they own them? And if they did take them could I sue them and win? And if the exchange does own them, shouldn't they get the dividends?
I don't know why this issue has irritated me so much. I have not and do not plan on selling mine. It just doesn't set right with me and I don't feel that this was clear up front and everyone is acting like it was so clear.
Oh well. Carry on! It is very clear now!
”what if my SURGE is inside of a 3 second block that’s being transferred the exact millisecond of a snapshot and doesn’t get counted?”
The what if game could be played to oblivion IMHO. In the latest @leostrategy post, they reiterated what was said in the launch post(s):
Your surge can be held in two places to get dividends
Nowhere in those two scenarios does it cover the “what if” scenarios of sell orders, transferring, etc.
If you have it in a sell order, it isn’t liquid in your wallet.
IMHO the issue here is that LeoStrategy did in fact tell all of us the two places we could HODL SURGE to get paid. People just don’t like the answer
That’s a whole other debate to have than “we didn’t know because they didn’t say”
I don’t think it’s their job to outline what you can’t do when they’ve already outlined what you can do.
Again, this is all my opinion
Well with that scenario, I would say tough titty (I don't seem to know how to spell that word)! Some things you just have to let go! 🤣
In my opinion it wasn't that clear on the front end (obviously not to some others as well), but that has been corrected for sure with the new article.
Now I must go back into lurking mode and rty to find some more dry powder before the $SURGE sells out!!
Yeah Rafiki solves this!
Soon we can just ask him and he knows all our posts and can reply instantly with the correct answer
I think perhaps it's just not intuitive to people that just because you are selling something means you are no longer holding it. In real life, you hold it until you get paid.
wtf happened xD So people think, cause they hodled onc,e they receive dividends for a lifetime?
steep thesis
!BBH
holding LP and Surge seems to be the way I'll make it
Plan is to add both.
agreed. that sense of entitlement in the Hive ecosystem drives me nuts.
how about providing some value
Crypto people - Give me free stuff.