SCHOLAR and SCRIBE Tokens LIVE

8 mo
5 Min Read
909 words

Scholar Scribe Monk PFP.gif

Good Afternoon Scholars! Good Evening Scribes!

I have some exciting news to share with you all today! After hinting and discussing my plans to enable staking and curation within our beloved Scholar and Scribe community for a few weeks we have achieved our goals! It is official! The SCHOLAR and SCRIBE tokens have staking and curation enabled! Not only that- but those of you that have posted within the Scholar and Scribe community since I started it have also received a little airdrop to help us kick start things!

First off- The Airdrop! Each Hive account that has posted in the community has been issued 1 SCRIBE and 10 SCHOLAR! Do with them what you will! If you posted in the community multiple times you received the same as if you only posted once. I have done this deliberately to ensure we all start on an even playing field with our votes and curation. If you were involved in the airdrop- about 30 accounts were- consider yourselves invited to be the first wave of curators for our community! If you choose to stake your airdropped tokens you will begin rewarding content in SCHOLAR and SCRIBE, as well as continuing to earn those tokens yourself!

scholar and scribe divider.png

Below you can see screenshots of the reward pool for each token- given the responses I have received from people during discussions about the tokenomics I did not feel it was necessary to modify things from the outline I described in the initial announcement post for the community.

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SCRIBE-

  • This token will be author focused
  • It grants 80% author rewards and 20% curation rewards
  • It will be paid out 100% staked
  • It takes 4 weeks to unstake and does not allow delegation
  • The payout window for this token is 2 weeks
  • It has a max supply of 1,000,000 tokens
  • Staked SCRIBE mines SCHOLAR tokens
  • Rewards pool adds 3.5 SCRIBE every 3600 seconds- with the supply capped at 1,000,000 tokens this gives us 30+ years of curation rewards.

scholar and scribe divider.png

Scholar_token text add.png

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SCHOLAR-

  • This token will be curation focused
  • It grants 30% author rewards and 70% curation rewards
  • It will be paid 50% staked, 50% liquid
  • It takes 2 weeks to unstake and does not allow delegation
  • The payout window for this token is 1 week
  • It has a max supply of 10,000,000 tokens
  • SCHOLAR tokens are mined by staked SCRIBE
  • Rewards pool adds 35 SCHOLAR every 3600 seconds- with supply capped at 10,000,000 tokens this gives us 30+ years of curation rewards.

scholar and scribe divider.png

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Mining Contract-

The mining contract has been deployed as well. 5% of the total SCHOLAR supply is designated for the mining contract which will issue 7.61 SCHOLAR to 10 SCRIBE stakers every 4 hours. The 5% of the SCHOLAR supply covers 30 years of mining at this mining rate.

Loose Ends-

In my initial post announcing the Scholar and Scribe community and my plans for the tokens I mentioned holding 5% of the supply of each token in reserve. I had written this into the original tokenomics in order to have a way that I could build up the community account by offering these tokens in return for HP delegations or listing these tokens on the market in order to accumulate BEE, fund future development, or other options. As of now those tokens are still unissued.

I would rather not list these tokens on the market until our community is further along its growth path if at all. I am still considering using them to incentivize delegation to the community account though. I am hoping for some feedback from all of you that have been helping to build the community up by posting here before I make the decision. It is also possible we can leave them as they are and they will simply be added to the rewards pools. Any and all ideas of how to use this portion of supply will be considered! There is a lot we could do here!

A final note- you may see in the rewards contracts that a 1% beneficiary still exists for each of these tokens that will supply the community account if users do not use the scholarandscribe "app." We do not have the app yet so all posts will require the beneficiary! I did this in order to ensure that people who are not posting in the community but are still using the tag would be contributing to the community accounts growth anyway! It will be adjusted/removed in future!

scholar and scribe divider.png

I hope you're all as excited as I am to start curating and earning SCHOLAR and SCRIBE tokens for your creative writing content! We are really just getting started!

I hope in future we can look to solve some of the issues for longer form and serialized writing content on chain and look for even more opportunities for writers to collaborate and create amazing stories, poetry, and all sorts of creative writing! I hope we can find partnerships with other tribes and communities to keep bringing authors and readers together on chain and off! I am excited to get started!

Keep on writing Scribes! Get reading Scholars!


I love it! Super stoked to see these tokens rolling out. I would definitely delegate HP to the community for those other rewards! !PIZZA !hivebits

2

Awesome! I am excited as well it is a momentous occasion! The feedback is appreciated.

We have some time to figure that piece of things out as we move towards a frontend and figure out next steps. !PIZZA !hivebits

0
8 mo (edited)

PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA!
@hive-199275! The Hive.Pizza team manually curated this post.

PIZZA Holders sent $PIZZA tips in this post's comments:
bacon-dub tipped hive-199275 (x1)
@cryptoniusraptor(1/5) tipped @jfuji (x1)
dibblers.dabs tipped papacrusher (x1)
hive-199275 tipped samsmith1971 (x1)
hive-199275 tipped agreste (x1)
hive-199275 tipped rcaine (x1)
dibblers.dabs tipped emrysjobber (x1)
dibblers.dabs tipped ironshield (x1)
hive-199275 tipped indiebandguru (x1)
hive-199275 tipped amirtheawesome1 (x1)
hive-199275 tipped jfuji (x1)
penyaircyber tipped dibblers.dabs (x1)
hive-199275 tipped heartbeatonhive (x1)
jfuji tipped hive-199275 (x1)
dibblers.dabs tipped wrestlingdesires (x1)
hive-199275 tipped luckyfish1 (x1)
lobaobh tipped hive-199275 (x1)
samsmith1971 tipped hive-199275 (x1)
dibblers.dabs tipped theacks (x1)
agreste tipped hive-199275 (x1)
onewolfe tipped hive-199275 (x1)
hive-199275 tipped zakludick (x1)
efastromberg94 tipped jfuji (x1)
hive-199275 tipped onewolfe (x1)
hive-199275 tipped imno (x1)
hive-199275 tipped ravenmus1c (x1)
creodas tipped hive-199275 (x1)
theacks tipped hive-199275 (x1)
hive-199275 tipped stewie.wieno (x1)
zakludick tipped hive-199275 (x1)
wrestlingdesires tipped dibblers.dabs (x1)
dibblers.dabs tipped penyaircyber (x1)
trashyomen tipped hive-199275 (x1)

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0

Very happy that the community continues to grow! Thank you very much for the tokens, they are already staked. I don't understand much about tokenomics, but I think using them to incentivize delegation can be a good option. Congratulations for this new step! !PIZZA

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I'm glad to hear they are staked! It'll really help us start building and hopefully attracting more authors! Thanks for your contributions! !PIZZA

0

Thanks so much, you are awesome 🙌📘🍕📘🙌

!PIZZA !ALIVE !LOL !LUV

2

What do Thanksgiving and junkies have in common?
Cold turkey.

Credit: networkallstar
@dibblers.dabs, I sent you an $LOLZ on behalf of @wrestlingdesires
Use the !LOL or !LOLZ command to share a joke and an $LOLZ. (2/4)

0

@dibblers.dabs! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @wrestlingdesires. (2/10)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.

0

you are welcome! glad to have great content being posted in scholar and scribe! keep the great writing coming! !PIZZA !ALIVE

1

@wrestlingdesires! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @dibblers.dabs. (1/10)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.

0

Thank you! I enjoy to partecipate to your contest.
Good luck for all partecipants.
!lol
!pizza
!pgm

0

Why did the football coach go to the bank?
To get his quarterback.

Credit: reddit
@dibblers.dabs, I sent you an $LOLZ on behalf of @stewie.wieno
Use the !LOL or !LOLZ command to share a joke and an $LOLZ. (1/4)

0

Thanks! I hope you'll keep writing in the community and curating with your Scholar and Scribe stake! !PIZZA

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Absolutely I’ll do, and hope we will see new contests with Hashkings
!pizza
!lol

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8 mo (edited)

I'm glad to hold the scholar and scribe token. Thank you so much. I really appreciate and will do my possible best to add value to the community

2

You already have! As one of the first participants your early stories were much appreciated! Glad you are a token holder and looking forward to reading more from you :)

0

🥰🥰🥰. Thanks a lot

0

Jeez! I am glad to be a part of this at this stage!

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Still early days but I think we have a heck of a lot of potential! We are filling a niche that has been missing for a while and I think these tokenomics will back it up! Stay tuned and glad to see you writing in Scholar and Scribe! !PIZZA

0

Thanks a lot for making me one of the beneficiaries of scholar an scribe tokens🤝

1

You earned it by posting in the community! Glad you found us early haha !PIZZA

1

i havent get ;)
you typo when write my accoun name :)
@dibblers.dabs

1

!lol
!pizza
!luv

0

You are correct! I apologize for making a mistake with your account name :( I am issuing the appropriate tokens to you now!
!PIZZA !ALIVE !LUV

1

@penyaircyber! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @dibblers.dabs. (2/10)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.

0

Thank you :)
!LUV !PIZZA

0
8 mo

So exciting! Didn't think they'd come online this quickly... now I gotta go find some of my squirreled away stories to start the S+S volume rolling 😀

!PIZZA

1

I do try to move quick! I could have waited a bit longer and pushed for a frontend but I wanted the authors to start earning and building the community and holder base sooner than later! Looking forward to seeing some of those stories and other creative pieces. !PIZZA

1
8 mo (edited)

This is fantastic progress with the community and tokenomics Dabs! Immense. Something to be proud of indeed. Having another writing community that caters for all styles of creative writing and collaboration and provides an opportunity to earn community tokens, will be a blessing to a lot of authors out there on the blockchain. The existing communities are already fantastic and loved by many (myself included) but they are slightly more niche in their approach.I have enjoyed writing in scholar and scribe for a Tale of Two Pizzas and will certainly enjoy using the community going forward too. Looking out with interest for what other collaborations may be in the offing in the future 🤗 !PIZZA !ALIVE
sam.jpg
This post was curated on behalf of the VYB community.

1

@hive-199275! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @samsmith1971. (9/10)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.

0

Thanks a lot @samsmith1971. It has been great to see the variety of posts and authors contributing to the community! I am certain that this will continue to grow in the future and am confident that the tokenomics will continue to provide value to authors and curators long term.

We will be looking for partnerships and continue to create new contests and collaborations as the community grows! Thanks for your contributions to Tale of Two Pizzas and I look forward to seeing more of your writing here in the community!
!PIZZA

0

🤗

0

First, thank you for the airdrop. Looking forward to seeing this all play out. And yes, I'm looking forward to writing more, despite my self proclaimed dislike for writing 🤣 !PIZZA

2

Can't wait to see more of your writing! The piece you wrote for the HK contest is great! !PIZZA

0