LOLZ Farming and Dividends Report for 2/23/2022
LOLZ Defi Report.
This is the LOLZ Defi report for 2/23/2022. This (will become - this one is manual!) an automated report. (Once automated) All liquid Hive from this post will be used to buy and burn LOLZ. Token earnings will be staked to increase curation value.
Discussion of Report
This is the first draft of what will become the daily LOLZ Defi report. It isn't automated yet, but will be in the coming days.
The values shown should be accurate based on today's earnings. The "bugs" that impacted our curation bots should have worked itself through the system now (i.e., curation rewards are back to "normal").
We have a bit to do to get the farming rewards table completed (the rewards are being paid, we just don't have a pretty table to show them yet), but wanted to get the rest of the information out so our delegators will have an idea of the APRs we are achieving for each token. For now, LOLZ Farmers can see the amount of LOLZ they earned by looking at their LOLZ token history in Hive-Engine or the dex of your choice.
Note that our curation earnings fluctuate a fair bit from day to day for a number of reasons, so it would be best to look at the APRs for several days to get the best handle on what APRs we are achieving. At some point we will include a 7-day average APR as well. That said, scanning the APRs reported below, these look pretty typical of what we have been seeing.
Also, the dividends paid out for this week include the total amount accumulated in the pool for the last several weeks. Once this week is over, the amounts will be substantially less as the dividends will be for the last weeks earnings, not the 7 or 8 weeks this weeks rewards represent.
What is LOLZ Defi?
LOLZ Defi is a way to earn passive income on the Hive Blockchain and includes three components.
- LOLZ Curation
- LOLZ Farming
- LOLZ Dividends
Each component works together to provide value to LOLZ users, delegators, and holders. Learn more about how LOLZ Defi works in our Introduction to LOLZ Defi post.
LOLZ Farming Basics
Farm LOLZ tokens by delegating Hive tokens to the LOLZ Curation bots (HIVE delegation coming soon!). We are rewarding delegators with LOLZ tokens equal to 110% of the value of the curation rewards received from their delegation.
To start farming LOLZ, delegate the following tokens to the associated curation bot.
| Token | Account |
|---|---|
| ALIVE | @lolz.alive |
| CENT | @lolz.cent |
| CINE | @lolz.cine |
| CTP | @lolz.ctp |
| DUNK | @lolz.dunk |
| LIST | @lolz.list |
| MEME | @lolz.meme |
| NEOXAG | @lolz.nxg |
| ONEUP | @lolz.oneup |
| SPORTS | @lolz.sports |
| SPT | @lolz.spt |
| VIBES | @lolz.vibes |
| WAIV | @lolz.waiv |
| WEED | @lolz.weed |
Curation Earnings
The following table summarizes the LOLZ Curation earnings for the last 24 hours. The APR shown is calculated by dividing the daily earnings by the amount of tokens staked and delegated multiplied by 365 days. The APR for each token changes daily based on the earnings achieved. Note the APRs shown DO NOT include the 10% bonus paid to LOLZ farmers.
| Token | Total Stake | Curation Reward | Daily APR |
|---|---|---|---|
| ALIVE | 5730.0 | 8.47 | 53.88 |
| CENT | 11180.0 | 94.24 | 307.55 |
| CINE | 1040.0 | 1.44 | 50.47 |
| CTP | 1980.0 | 0.85 | 15.6 |
| DUNK | 5280.0 | 10.41 | 71.96 |
| LIST | 1340.0 | 0.64 | 17.3 |
| MEME | 252900.0 | 563.84 | 81.38 |
| NEOXAG | 13250.0 | 4.67 | 12.85 |
| ONEUP | 13920.0 | 44.02 | 115.41 |
| SPORTS | 545620.0 | 624.56 | 41.78 |
| SPT | 19900.0 | 2.63 | 4.82 |
| VIBES | 2110.0 | 16.29 | 281.68 |
| WAIV | 600.0 | 0.15 | 9.22 |
| WEED | 1770.0 | 2.19 | 45.17 |
Farming Rewards
The following table shows the LOLZ farming rewards for today. We are rewarding delegators with LOLZ tokens equal to 110% of the value of the curation rewards received from their delegation.
Table coming soon! In the meantime you can check your LOLZ Farming rewards by looking at your LOLZ history in Hive-Engine or the dex of your choice.
| Token | Farmer | Delegation | LOLZ Farmed |
Dividends
Forty percent of curation earnings are paid out as dividends to LOLZ Headliners (holders of 512 or more LOLZ) on a pro-rated basis weekly. Currently, dividends are paid out for two tokens per day, such that all pool rewards are paid out once per week.
NOTE: The dividends for this first week are much higher than normal as the accumulated pool is being paid out this week.
| Token | Today's Dividends |
| VIBES | 142.481 |
| MEME | 13682.247 |
The dividends are divided among all Headliners (those holding 512 or more LOLZ) on a pro-rated basis. The share for each Headliner is calculated as their LOLZ holdings divided by the total LOLZ holdings for all Headliners.
| Headliner | LOLZ Held | Share (%) |
| @captaincryptic | 981.05468446 | 18.67 |
| @servelle | 626.0 | 11.91 |
| @magicbeans | 542.66054831 | 10.33 |
| @playbyhive | 815.88086764 | 15.53 |
| @mawit07 | 562.00076084 | 10.69 |
| @forsakensushi | 1197.12740119 | 22.78 |
| @arpuch | 530.46489212 | 10.09 |
About the LOLZ Project
LOLZ Project is an engagement project with the mission of spreading laughter and joy on the Hive blockchain. Hive users can use the !LOL or !LOLZ command in comments to share a clean joke and tip the author an $LOLZ token.
Help Support the LOLZ Project
Here are a few ways you can help the LOLZ Project.
Use the !LOL and !LOLZ** command often to tip fellow Hive authors.
- Upvote and re-Hive our posts. All rewards will be used to help cover server costs and increase curation value.
- Delegate Hive tokens and earn LOLZ Farming rewards.
- Follow @lolztoken and participate in our airdrops, contests, and giveaways.
