Updates to Hivelist: Store update, Store Discounts for Staking, and New LIST Burn Feature!

Seems like these updates keep coming faster and faster! It's been a wild ride for sure. We wanted to update the community on a few things that have been going on.

First the new Hivelist Store, https://hivelist.store, is coming along nicely! We have added our first 100 items in 3 main categories so far. It takes a while to populate the shop, organize categories and sub categories, etc, but we are getting the job done so that we can help bring more use case to the HIVE ecosystem! So go check out some of the items we currently have available! More items to be added daily.

Next thing on the agenda is the new discount coupon codes that will be issued to all LIST stake holders in the next week or so when we will audit the LIST richlist and check the staking amounts! Staking audits will be done once a month and coupon codes will be issues at that time for any new holders. If certain amounts of LIST are staked, then the holder will get a coupon code to use in the Hivelist.store or for our HiveCommerce services! The amount of stake depends on the size of the discount. All of this information can also be found on the new LIST Token page on Hivelist.io, https://hivelist.io/list-token/

Below are the staking amounts and discounts that will be provided. Be on the lookout for a small HIVE transaction that will contain your coupon code in the memo!

1,000-5,000 LIST gets 5% discount coupon code for use in the Hivelist Store and for monthly store hosting fees.

5,001-10,000 LIST gets 10% discount coupon code for use in the Hivelist Store and for monthly store hosting fees.

10,001-20,000 LIST gets 15% discount coupon code in the Hivelist Store and 50% off monthly store hosting fees.

20,001 LIST staked and beyond gets 20% discount coupon code in the Hivelist Store and 50% off monthly store hosting fees.

Next we are going to discuss the new LIST Token Burn feature! With the new recent addition of the on-chain hivelist.org classifieds site, we have a built in Promote feature for posts on the site. Any LIST that is used to promote a post will be burned automatically, thus decreasing the circulating supply of LIST. Also, any LIST that is paid for monthly hosting fees for HiveCommerce stores will also be burned. Promoted posts will be also mentioned and included in the new Featured Posts of the Week article that will be done by the @hivelist account weekly.

Due to these changes, we decided to mint and issue the entire remaining supply of LIST tokens. Early in the week, the remaining 450,000,000 tokens were minted and issued to the @hivelist.token account which holds and distributes the rewards pool. You can see the updated Max and Circulating supplies of LIST as well as the amounts Burned and Staked on https://hivelist.org.

To end this, we have been absolutely honored to get all the positive response from the community as we have been building this platform! We hope you enjoy using it and hope you continue to grow with us in the future!

Keep Calm and Hive on!