Project Update
Been a while since we had an update and we have had some interesting events happen since then so lets get to it!
Holding Requirements Increase
As hinted at last update, we have meet with the LOLZ Governors and have decided to raise the LOLZ Holding requirements once again. However, we have decided to hold the lowest level required to give an LOLZ token at just 16 LOLZ. All other levels will be doubled.
In addition, we have decided to keep the LOLZ holding requirements for dividends at 512 LOLZ. As time goes on we may need to reconsider the dividend threshold as well, perhaps going to top 100 top holders threshold as the number of people who exceed the 512 threshold increases.
The holding requirements increase will happen on June 1. At which point, the requirements will be:
| Level | LOLZ Held | Calls/Day |
|---|---|---|
| Quick Wit | 16 | 1 |
| Class Clown | 64 | 2 |
| Jester | 128 | 4 |
| Standup | 256 | 6 |
| Headliner | 512 | 8 |
| Superstar | 1024 | 10 |
LOLZ Defi Update
LOLZ Defi continues to chug along smoothly, growing nicely over the last month. The following tables shows the growth in voting power for each of the tribes we are curating in.
We had a couple of tribes see tremendous growth including BEE at 780% growth, and THGAMING with 241% growth. But we also had some impressive growth in several tribes with many tribes over 100% growth. Only one tribe saw a decrease in voting power - ONEUP - as we must have lost some delegations.
| Token | Stake + Delegations - 4/20 | Stake + Delegations - 5/20 | % Growth |
| HIVE | 2300 | 5703 | 147 |
| ALIVE | 9520.0 | 17320 | 82 |
| BEE | 100 | 880 | 780 |
| BEATCZ | 1189130.0 | 1189150.0 | 0 |
| CENT | 17340.0 | 38830 | 124 |
| CTP | 5510.0 | 12370 | 124 |
| DUNK | 34820.0 | 38460 | 10 |
| LIST | 9870.0 | 27990 | 183 |
| MEME | 728660.0 | 1067870 | 46 |
| NEOXAG | 26930.0 | 34320 | 27 |
| ONEUP | 46520.0 | 42730 | -8 |
| PIMP | 6030.0 | 7010 | 16 |
| SPORTS | 1484170.0 | 2822040 | 90 |
| SPT | 50420.0 | 123560 | 145 |
| THGAMING | 63260.0 | 216160 | 241 |
| WAIV | 2130.0 | 3050 | 43 |
| WEED | 3540.0 | 3730 | 5 |
Over the last month we have added Hive Power delegation to our LOLZ farming options and are offering a 10% APR. The additional HP has eliminated our RC concerns as the bot has more than enough RCs to distribute the jokes and LOLZ at our current rate of usage.
We will also be adding a few new tokens to LOLZ Defi soon including PGM, LEO, and SME.
At the same time we will be dropping VIBES as that tribe is no longer paying out earnings as we have mentioned before. If you are currently delegating VIBES to @lolz.vibes, please undelegate them as soon as possible.
Addition of German Jokes
We are excited to announce that @lolzbot can tell jokes in German now. Working with the folks behind HiQ Magazine the LOLZ Project is beginning to build a German Joke database to compliment the English joke database. Their aren't that many jokes in the database yet, but if you would like to get your jokes in German you can use the commands !Witz or !lool (capitalization doesn't matter).
If you want an extra laugh, check out who made the cover of their latest issue.
We are also starting to work to build a Spanish Joke database too, and have already added the new command !jajaja although it still just sends English jokes. However we expect to have some Spanish jokes added to the database soon.
MEME:LOLZ Liquidity Pool
The owner of Hiveme.me has created a liquidity pool for MEME and LOLZ.
Now you can earn MEME and other rewards by providing liquidity to the pool. The pool includes a lottery where one winner wins 500 MEME every hour in addition rewards to all providers daily.
Meme Bot 2000
As a way to say thank you to @holovision for setting up the MEME:LOLZ Pool as well as for his general support of the LOLZ Project, @captaincryptic worked to create a new fun bot to share Memes and $MEMEs - Meme Bot 2000.
@meme.bot is free for all to use up to 10 times per day by using the command !meme or !MEME. While @meme.bot doesn't distribute tokens, he does provide random upvotes that can give you a little HIVE and MEME.
Now you can double the fun by giving your friends the "!LOLZ !MEME" combo. Or give them a wall of laughter with the triple threat "!gif !LOLZ !MEME" combo.
They won't know what hit them.
LOLZ Bot NFT Winner
In our last update we included a giveaway of a unique and coveted LOLZ Bot NFT.
Using our patented random winner picker (looks kind of like a hat) we came up with the lucky winner @steven-patrick! Unfortunately, Hiveme.me seems to be down at the moment so I can't send you your NFT. I will keep an eye out for its return and will send the NFT as soon as I can.
To-Do List
We made a little bit of progress on our To-Do List, but have started adding some items too.
Add new tokens to LOLZ Curation- Add new tokens to LOLZ Defi
Add HIVE delegation to LOLZ Defi- Start daily LOLZ Contest
- Restart weekly joke challenges to add english, german and spanish jokes
Get LOLZ added as purchase option for Risingstar and DCity.
LOLZ Free For All
What would an LOLZ Update be with out a LOLZ Free For All? You can earn upto 4 LOLZ in this giveaway!
- Drop us a comment below (1 LOLZ)
- Tag a friend in your comment (1 LOLZ)
- Use the !gif !LOLZ !MEME combo in your comment (1 LOLZ)
- Re-blog this post and tell us you did in the comments (1 LOLZ)
(source)
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 some easy ways you can help support 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.
