IMPORTANT CHANGES: LOLZ Staking Coming Soon - Impact On LOLZ Command Use, Dividends, and FUN Airdrop

3 mo
3 Min Read
560 words

We Are Enabling Staking On the $LOLZ Token Soon

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Hello fans and users of the $LOLZ token. We wanted to give you all a heads up that we are going to enable staking on the $LOLZ token next sunday (August 14). This change is being made to help create more price stability for the $LOLZ holders and to give our users a new way to earn $LOLZ!

Earn $LOLZ When You Blog About Fun Topics

Hopefully you have already heard about the $FUN token and our upcoming FUN Tribe. With the FUN tribe you will be able to earn $FUN when you blog about fun topics and use one of the following tags - #fun, #funny, #lolz, and #jokes. You will also be able to earn FUN when you post on LOLZ's Fun House or use the community tag "hive-155986."

We were thinking, wouldn't it be cool if you could also earn $LOLZ when you blog about those same fun topics! So after a quick check with @aggroed to confirm we could stake the same tags, we have decided to stake the same tags for both $LOLZ and $FUN. That's right, you will be able to earn both $FUN and $LOLZ when you use our #fun tags!


FUN Miner Pre-Sale Ending Soon!
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Impact on the !LOLZ Command

Once staking is enabled, only staked $LOLZ will be used to determine your status and the number of times you will be able to use the !LOLZ command. In other words, you will need to stake 16 $LOLZ to use the command once per day, stake 64 $LOLZ to use it twice, and so on. In addition, the $LOLZ tip will come staked.

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Impact on Dividends

Hopefully you already know that the LOLZ token pays dividends to its Headliners (those holding 512 $LOLZ or more). Once staking is enabled, only staked $LOLZ will be used to determine your eligibility and share % for dividend disbursements.

On a separate note, we are investigating ways to include the LOLZ held in the MEME:LOLZ pool and hope to include those holdings in the dividend share determinations soon.

Impact on FUN Air Drop

As we announced, we will be conducting a FUN air drop on August 20th. The airdrop is going to be on a 2 $LOLZ for 1 $FUN token basis. For the purpose of the airdrop only staked $LOLZ and $LOLZ in the MEME:LOLZ diesel pool will be considered. Also, the $FUN token air drop will come staked.

No Change to LOLZ Farming!

While we will be sending tips out as staked LOLZ, we will continue to send LOLZ farming rewards in liquid LOLZ.

About the LOLZ Project

The LOLZ Project is an engagement project with the mission of spreading laughter and joy on the Hive blockchain.

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Official Website
Twitter
Discord
Join Hive For Free

!LOLZ ... !LOL ? XD

4

The government plans on phasing out Roman numerals
Not on my watch!

Credit: reddit
@lolztoken, I sent you an $LOLZ on behalf of @ydaiznfts
Are You Ready for some $FUN? Learn about LOLZ's new FUN tribe!
(1/2)

0

Either works! !LOLZ

0

How do you make a cheese puff?
Chase it around the block.

Credit: reddit
@ydaiznfts, I sent you an $LOLZ on behalf of @lolztoken
Are You Ready for some $FUN? Learn about LOLZ's new FUN tribe!
(1/10)

0
3 mo

Awesome update. Really glad to hear it might be possible to take into account the lolz in LP.

!WINE
!PGM

2


Congratulations, @imno You Successfully Shared 0.300 WINEX With @lolztoken.
You Earned 0.300 WINEX As Curation Reward.
You Utilized 3/3 Successful Calls.

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Contact Us : WINEX Token Discord Channel
WINEX Current Market Price : 0.168


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0

Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 15 SBT tokens to @imno, @lolztoken

remaining commands 14

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

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Discord image.png

Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


0

Thanks man! Appreciate the support as always. !LOLZ

0

Why can't you trust an atom?
Beause they make up everything.

Credit: reddit
@imno, I sent you an $LOLZ on behalf of @lolztoken
Are You Ready for some $FUN? Learn about LOLZ's new FUN tribe!
(2/10)

0

Personally, I love this announcement.
Earning multiple tokens for one hashtag is such a great idea, if this was always allowed then I wonder why more communities haven't taken the opportunity.
I'm looking forward to providing some liquidity to MEME:LOLZ and whatever pools FUN will have.

4

Glad you like the idea. We are planning an LOLZ:FUN pool at some point down the road. !LOLZ

3

I invented a new word today.
Plagiarism.

Credit: reddit
@esecholo, I sent you an $LOLZ on behalf of @lolztoken
Are You Ready for some $FUN? Learn about LOLZ's new FUN tribe!
(3/10)

0

Great updates
!CTP
!PGM
!PIZZA
!LOLZ
!MEME

Posted Using LeoFinance Beta

3

Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 15 SBT tokens to @servelle, @lolztoken

remaining commands 6

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

image.png
Discord image.png

Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


0


Credit: lolztoken
Earn Crypto for your Memes @ hiveme.me!

0

Thanks! !LOLZ

0

Sundays are always a little sad
but the day before is a sadder day.

Credit: reddit
@servelle, I sent you an $LOLZ on behalf of @lolztoken
Are You Ready for some $FUN? Learn about LOLZ's new FUN tribe!
(4/10)

0

so many tags dude! just checking what the requirements are for CTP and MEME?

0

you confuse tags and tips i think
!LUV

0

Indeed.. I mean tips! Do you have to have a minimum amount staked to tip? Or just some liquid for ctp and Meme tips?

!PIZZA

2

For CTP tips you need to stake some, look at this post :
https://ecency.com/hive-119826/@ctptips/introducing-ctp-tips
For now you don't need any MEME token to use the !MEME tip.
!LUV

2


Credit: pooky
Earn Crypto for your Memes @ hiveme.me!

0

Awesome! Thanks!looks like I have enough staked to tip!

!CTP
!PIZZA
!LUV
!LOLZ
!MEME

I am now a tipping machine!

3


Credit: metzli
Earn Crypto for your Memes @ hiveme.me!

0

Ah Ah
!LUV
!LOLZ

2

What do they call a cubic zirconia in Ireland?
A sham-rock.

Credit: reddit
@mimismartypants, I sent you an $LOLZ on behalf of @servelle
LOLZ staking coming August 14! Please read our latest update for details on how it will impact you.
(3/10)

0
3 mo (edited)

PIZZA! PIZZA! PIZZA! PIZZA! PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
@mimismartypants(1/5) tipped @servelle (x2)
mimismartypants tipped captaincryptic (x1)
mimismartypants tipped lolztoken (x1)
servelle tipped lolztoken (x1)

Please vote for pizza.witness!

0

The fun continues and the party expands.
!LOLZ

1

My friend got a heart transplant but regretted it immediately.
You could say he had a change of heart.

Credit: reddit
@lolztoken, I sent you an $LOLZ on behalf of @yeckingo1
Are You Ready for some $FUN? Learn about LOLZ's new FUN tribe!
(1/10)

0

Keeping on keeping on! !LOLZ

0