2 Updates from @lbi-token

in LeoFinance3 years ago

Authored by @silverstackeruk

Hello, LBIer's. There are 2 updates today to share. The first being related to "HELP a CUB" and the second to do with @CUBLIFE and the CL token presale. Let's jump in.

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Help a CUB

Last week, this project was put on ice for a few weeks until a new improved plan can be thought up. I have taken advice from a few different people and what everyone suggested to make the giveaway more of an incentive to use LeoFinance instead of making it a single post and collect votes. Nothing has been set in stone but so far but hosting sort of a CUB challenge where contestants would have to complete a few tasks and show consistently to the platform looks to be a good way forward.

Below is a snap of something I put together quickly to give you a better idea of what im thinking. You can see there are 13 things but I'd like to have 25 in total but these 13 are related to uploading content/comments. The other 12 could be things like join the LEO discord server, CUBfinanace, use LEODEX, subject something to Leopedia, etc. Again this is just an example to give you an idea if what im thinking.

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In this example
We can this person made x5 1000+ posts and x2 1500+ word post in 1 week (Yellow). x2 of them were videos and x4 were non-crypto finance content (Pink). A weekly bonus (Orange) total's 10 points for receiving more than 20 comments on x1 post and posting daily. See, pretty simple?

Who's gonna track all this?

This is where the game-changer is introduced. Instead of letting people self nominate, we will have users of the community nominate CUBs they think are deserving of a helping hand in the way of some new hardware. These CUB's could be people that are just starting out are have been on LeoFinance for a few months already but still at the start of the journey. The kicker is whoever nominates a CUB is responsible for filling in the scorecard for a CUB every week and forwarding the results to me for 8 weeks so any 8 times. All the information required to fill in that scorecard can found by looking at the CUBs last 7 days worth of posts and checking the weekly LeoFinace stats post for "top 10 commenters" and that is it, 10 mins and no more.

Weekly votes for 8 weeks

A weekly post would be released @lbi-gov to show each CUB's weekly score and progress chart and also to hold a vote where LeoFinance users vote on 1 CUB every week. (PS, I still need to ask the LBI gov team to see if they have the time, so if you can keep that one the down-low until I speak with them that would be cool). The winner of "Help a CUB" would be the CUB with the highest weekly average voting score over the total 8 weeks. No voting result released until the 8 weeks are finished and the winner announced. Voting weights will remain the same with users that made donations votes worth 2 and everyone else's worth 1.

I think voting is better than picking the CUB with the highest score and the weekly score of each CUB should be used as something to help you decide who gets your vote. As an example, 1 person might tick off all the boxes but you can see the content and comments or rushed and uploaded to get higher points. Another person might only upload 2 posts in 1 week but those 2 posts could be the holy grail of posts and contain their weight in gold in information. Which CUB is adding more to the ecosystem? I think (hope) most will agree voting is better.

Round up

I have cracked the seal and could almost write a post now about this but I've really only thought up half of everything we need set up so it might take another week is 2 to plan this out properly. In addition to the scorecard, there would be some terms to adhere to as well for CUBs. These will include a few things but I guess the most important would be no power-downs during the 8 weeks. We would like to take 8-12 new CUB's and leave them after 8 weeks with the knowledge and foundations to continue to grow dependently. If you post 5-7 times a week and leave 150 comments to posts every week for 8 weeks, it sort of becomes part of your routine and we all know that HIVE/LEO is a hard habit to shake, 8 weeks down the rabbit hole and you're hooked.

Please let me know what you think about the suggested idea's above. If you have spotted any flaws are thought the idea is piss, let me know in the comments below. Like said, nothing is set in stone and this is would I've come up with based on the feedback and convo's I've had with a few people.

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24 Hours till CUBLIFE!

Yo CUBS, only about 24 hours left to get involved in the presale for CUBLIFE (CL) tokens. After that, you'll have to wait until the next issue on the 21st of June.

What is CUBLIFE? (quickly)
CUBLIFE takes all the monies (HIVE/hivep/LEO) it gathers from issuing CL tokens and puts all these monies on CUBfinance to earn more monies. 50% of those harvested monies are converted to LEO and distributed to CL tokens holders every Friday, 40% of harvested monies are reinvested to make more monies in the future and 10% of harvested monies is sent to @lbi-token as an operators fee as LEO.

HIVE/LEO > CUBfinance > CUB harvests > 60% back to LEO (50% Divs) > 40% compounded

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Cut time will be at 6 am UTC on the 21st so 24 hours hours

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Last updated around 4 hours before post uploaded

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That's your 2 updates. We move on with "Help a CUB" and we launch CUBLIFE soon. Within the next 48 hours, a whole bunch of new investors will be part of CUBLIFE! Thank you for taking the time to read this.

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Posted Using LeoFinance Beta

Sort:  

Very hard to see in the image on the leo side, and you may have just added it to my hive side, but I did not see my name on the leo side.

cublifeleobuy.png

It wasn't very much, but all I had at the time.


Posted via proofofbrain.io

@silverstackeruk can you check into this?

Posted Using LeoFinance Beta

Sorted now :) Thanks for letting me know

The picture is small come to looking at it.

Posted Using LeoFinance Beta

When the images look small a right click open in new window will load the correct size. On peakd you can zoom to the size, but I use a desktop environment so not sure about phones and pads/tablet.

I appreciate the fix, even though it was only a small amount.

Exciting times! Was thinking about the help a cub project and why not go with a non-expensive but snappy enough laptop or pc to be able to give more people this opportunity? I'm sure nobody needs a high-end gaming rig to be more effective on hive and Leofinance. I think you could pick up a decent device for less than 200$


Posted via proofofbrain.io

I like the idea of a point ranking for the Help a CUB project that will reward those who are most active on LeoFinance.
I also like the CUBLife project I have just under 2 CLs but have recently increased my LBI tokens and plan to increase my CLs in the next round.
Thanks for these updates
!BEER

Posted Using LeoFinance Beta

Thanks for your feedback :)

Posted Using LeoFinance Beta

Looking forward to Cublife.

Great work with Help a Cub, it's a good idea for consistency to be a part of the criteria. I'm all for it. Posting 5-7 times a week is a no brainer.

Posted Using LeoFinance Beta

Thank you for the feedback, glad you like the incentive

Posted Using LeoFinance Beta

waiting for my CL token :P

Posted Using LeoFinance Beta

T MINUS 26 hours

Posted Using LeoFinance Beta

Who knew that Helping a Cub would become so complex. It does seem like the way to go to have a proof of engagement on the platform. There were many deserving applications before and I hope that they still compete for the prize.

Nice to see my name on the Cublife list. My plan is to have it there each month. Always slowly building.

Posted Using LeoFinance Beta

POE - Proof of engagement.

I like it :)

Thanks for your support

Posted Using LeoFinance Beta

hey quick question, can i send swaphive? for cublife? and if yes where do i send them? (the lbi-token account?) and with a specific memo like cublife?

Posted Using LeoFinance Beta

Send it to @cublife.

Posted Using LeoFinance Beta

I sent another small chunk last night to round me up to 20 even. This is very cool. Thanks for all your hard work.

Happy days, we look forward to releasing this.

Posted Using LeoFinance Beta

I think those are some great changes to the help a cub program. I hope that we get some really good nominations. It will be interesting to see how many people take the initiative with this. Thanks for the update!

Posted Using LeoFinance Beta

Thanks for your input man, i'll try and perfect it over the next week and have something solid for next week

Posted Using LeoFinance Beta

Sounds good!

I like the new Help a Cub format. I don't know if you really need 25 things on that list though... might be better to keep it short but I'm speaking without seeing the actual final list so I could change my mind later.

Either way, looking forward to it!

Posted Using LeoFinance Beta

I don't think you said "monies" enough :)))

Posted Using LeoFinance Beta

He uses it as a mantra.

Posted Using LeoFinance Beta

This is much much better than the last process .

I do have one suggestion though -

The 7th point - Get a post with 20 unique commenters . Maybe this isn't required.

All other points are okay because it can be achieved with the individual's efforts but this particular point isn't in the hands of the person who posts right?
I mean even if he makes a wonderful post and nobody comments , it isn't his fault .

I will try to get you data of how many average unique commenters LeoFinance posts see ( for last 30 days maybe ) - maybe that will help set the correct figure ( 20 unique commenters or less or more ) - let me know.

Posted Using LeoFinance Beta

I was just filling in spaces, i might edit it down to 10 comments instead. I guess even LBI posts find it hard to get 20 comments on a post.

Thanks for the feedback

Posted Using LeoFinance Beta

I guess even LBI posts find it hard to get 20 comments on a post.

Hm I agree , I guess on an average ( especially if people are very new who are making the post ) then we can see only 2-3 unique author replies per post .

Posted Using LeoFinance Beta

What kinds of tokens do I send y’all to get Cublife tokens? Leo? Or hive?

Posted Using LeoFinance Beta

Either LEO or swap.hive

Posted Using LeoFinance Beta

Can't send LEO to @cublife. The transaction seems to be fine, but the amount of LEO I'm trying to send is still in my wallet. Anyone else having this problem?

Posted Using LeoFinance Beta

Disregard my message, it was my mistake.

I don't know about having so many requirements for each applicant. I feel like it should either be a smaller list or at least X of the list. The top 10 commentor spots for LeoFinance in a day might be ok since I think 10 unique comments on different posts/replies would be enough. But each day is different and its hard to know the exact amount.

Posted Using LeoFinance Beta

i believe this a better one for the help a cub project compared to the former one.

Just sent small chunk of swap.hive for the cublife token. hope am not too late


Posted via proofofbrain.io

You still have time :)

Thanks for the Help a CUB feedback.

Posted Using LeoFinance Beta


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