Introducing ALIVEM Rewards - For Delegating ALIVE To @aliveandthriving

in We Are Alive Tribe3 months ago

In this post I announce that we will now be paying out ALIVEM as rewards for delegating ALIVE tokens to @aliveandthriving, why we do this and how it will work, enjoy!


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Made in Desygner, photo by Erik Gustafsson

Hi there and welcome to my blog, my name is Erik Gustafsson and I go by the handle @flaxz.

Introducing ALIVEM Rewards - For Delegating ALIVE To @aliveandthriving

In our last payouts to delegators for @youarealive we gave a few details about this change, You Are Alive - Weekly Payouts To Delegators #21.

Why?

So let's start with why we are introducing rewards in ALIVEM to Alive Power delegators for @aliveandthriving, why is it needed?

It really boils down to that @aliveandthriving is staking 10% of it's ALIVE earnings while paying out 90% to Hive Power delegators for @youarealive, and to keep that sustainable the ALIVE Voting Power of @aliveandthriving needs to keep increasing at a much faster pace in order to earn enough curation rewards to keep paying out a good enough APR on Hive Power delegation.

Up until now @aliveandthriving has relied on pro bono delegations of Alive Power, but with this change Alive Power delegations will be rewarded, and that means that we can keep growing the ALIVE Voting Power on @aliveandthriving much faster, and sustain earnings of ALIVE to pay out to Hive Power delegators for @youarealive.

There is also a good reason for rewarding this with a payout in ALIVEM, and as we explained in the post linked above ALIVEM will be paid out staked to Alive Power delegators, and that is to add another way to reward staking of ALIVE tokens, a passive income way where you can just keep staking ALIVE and delegate to @aliveandthriving and see it grow over time, rather than staking ALIVEM and selling ALIVE.

These rewards in ALIVEM will not in any way forego our pricing strategy where we double the sell price for every 1000 ALIVEM we put up on the market, currently 10 Hive per ALIVEM, this is just another way to buy them as they are bought from the value of the ALIVE earnings on @aliveandthriving, but with this way you don't have to spend Hive to buy them but you can leverage your ALIVE stake to buy them.

The value of ALIVE that we will use for the ALIVEM rewards is the Highest Bid on the market, this keeps market volatility from influencing the payouts, plus it gives Alive Power delegators incentive to support our bottom line with standing buy orders for ALIVE since the higher the Highest Bid is the more ALIVEM they will earn in rewards.

How?

We have touched on a bit of this already, but here I will lay it out in order.

The ALIVE that these rewards will be based on is the ALIVE of the payouts to Hive Power delegators for @youarealive, plus the 10% ALIVE that we stake on @aliveandthriving.

The value of these ALIVE tokens in Hive is based on Highest Bid at the time of the payout.

The value of ALIVEM is what we sell them for at the time of the payout according to our pricing strategy.

Every day we take a snapshot of delegated ALIVE to @aliveandthriving, and we then use that to calculate the weekly average delegation for each delegator, and the percentage of total ALIVE delegated is then what determines how much of the rewards each account earns.

As ALIVEM is a high value token with only 1 decimal we will also use a weekly rollover, which means there is no lower limit to how much ALIVE you can delegate to @aliveandthriving, if your rewards are below the threshold to pay out they will just accumulate from one week to the next until it's big enough to be paid out.

This is how it will work, and first payout of ALIVEM will take place on our next payout to delegators for @youarealive, so less than a week away now.

Calculated Example Of ALIVEM Rewards

So to take an example of how much ALIVEM we will be rewarding, then let us use the numbers from our last payout to HP delegators from yesterday in the post linked above.

We had an ALIVE payout of 913.1610 ALIVE tokens, and we staked 101.4624 ALIVE tokens, giving a total of 1014.6234 ALIVE tokens.

Highest Bid of ALIVE was 0.02004999 Hive per ALIVE, giving them a value of 20.343189 Hive.

Our current sell price of ALIVEM is 10 Hive, which gives us 2,0343189 ALIVEM in rewards to ALIVE delegators.

Current ALIVE delegations to @aliveandthriving is 59600 ALIVE, and that means an APR of (((1014.6234/7)x365)/59600)x100 = 88.76% APR in ALIVE earnings on delegations, and in rewards to delegators given that we use the price of ALIVEM that we sell them for.

ALIVE rewards to ALIVEM stakeholders does vary a bit over time as it is based on an hourly lottery with 20 winners per hour, but over time that evens out, and the more ALIVEM you have staked the more even it is.

ALIVEM stakeholders are rewarded with 20% of our daily issue of ALIVE tokens, which is currently 15.823 ALIVE per hour, which gives us 379.752 ALIVE per 24 hours.

Currently there is 1022.1 ALIVEM staked, which gives us (379.752x365)/1022.1 = 132.2685 ALIVE mined per ALIVEM per year.

Now that gives us ((132.2685x0.02004999)/10)x100 = 26.51% APR on ALIVEM mining, given the price of ALIVE at the time of payout, and the price of ALIVEM that we sell them for.

Quite good numbers I think, they will vary over time though as prices change.

What do you think?

Thank You!

Thank you very much for reading this post and I hope you liked it, leave your thoughts in the coments below, and ...

Stay Awesome!

Sincerely,
Erik Gustafsson

My profile on We Are Alive

This is my own personal opinion, do your own research before investing, and seek legal counsel if uncertain.


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@flaxz

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I made my first ALIVE delegation today, excited to see where this goes! !ALIVE !CTP !WINE


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@flaxz! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ironshield. (2/20)

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.

Thanks a lot Benjamin, that is fantastic to hear.

!ALIVE
!BBH

@ironshield! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @flaxz. (4/20)

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.

Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

I think that it's just another great project of yours!
!ALIVE
!LOLZ
!PIZZA
!LUV
!PGM

Thanks a lot Ana-Maria, and for your support, I think it is a move in the right direction, and great for the tribe.

!ALIVE
!BBH
!PIZZA

I think so too, and I'm happy to see how you are guiding this tribe and helping every member to grow, especially those new ones with small accounts and a small amount of power (no matter if Hive or Alive power, or both).
In my eyes, it's the greatest value of your project that would help many in various ways while at the same time inspiring many to be and stay active (what's the second best value of your project IMHO).
Thank you for that, and please keep going and stay...
!ALIVE
!LOLZ
!PIZZA
!LUV
!PGM

Yes, I try to develop things in a way where it is win-win for everyone as much as I can.

!ALIVE

@ana-maria! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @flaxz. (9/20)

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.

Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 15 SBT tokens to @flaxz

remaining commands 2

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

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@flaxz! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ana-maria. (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.

@ana-maria! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @flaxz. (2/20)

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.

Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 15 SBT tokens to @flaxz

remaining commands 2

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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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

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@flaxz! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @ana-maria. (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.

Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

To assist with the project, I have delegated 1,000 Alive to @aliveandthriving Hope this helps. Take care.

!ALIVE
!PGM
!LOL

That is fantastic David, thank you very much.

!ALIVE
!BBH

@darmst5339! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @flaxz. (6/20)

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.

Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 15 SBT tokens to @flaxz

remaining commands 1

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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Dogs can't see your bones.
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Use the !LOL or !LOLZ command to share a joke and an $LOLZ
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Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

@flaxz! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @darmst5339. (3/20)

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This is great @flaxz and I have delegated just now
!ALIVE

@flaxz! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @alokkumar121. (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.

Thank you very much for your support Alok, and enjoy the rewards.

!ALIVE
!BBH

@alokkumar121! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @flaxz. (8/20)

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.

Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

As ALIVEM is a high value token with only 1 decimal we will also use a weekly rollover, which means there is no lower limit to how much ALIVE you can delegate to @aliveandthriving, if your rewards are below the threshold to pay out they will just accumulate from one week to the next until it's big enough to be paid out.

wow you guys really put a lot of thought on this to make sure everyone is being rewarded amazing people here ladies and gentlemen

Thanks, and yes it took a bit of thought, almost a week to figure out the best way to do this.

!ALIVE
!BBH

I can imagine the amount of brainstorming you doing I'm amazed how you find solutions to every problems wish I can borrow your brain for awhile haha.😂

Mong walks are great to clear the mind.

true I do enjoy myself with long walks.

@caelum1infernum! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @flaxz. (13/20)

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I think I'm understanding this, but for clarification ALIVEM rewards are given for delegating ALIVE, where as prior to the commencement of this new system we got rewards for delegating HP? Are HP delegations still to be rewarded/needed, or can I undelegate my 5 HP and concentrate solely on ALIVE delegations?

!hivebits
!CTP

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HP delegations to @youarealive is rewarded just as before, we have now added rewards for ALIVE delegations to @aliveandthriving as well.

!ALIVE

@stevermac1966! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @flaxz. (3/20)

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.

Both me and BBH have delegated 😉

That is fantastic Bradley, just make sure you keep enough so you can tip as well.

!ALIVE
!BBH
!LOLZ

Ops

How much should I keep?

At least 1000 AP, if you have tipped some today you most likely have until tomorrow as I think it cache you current stake and renew at midnight UTC.

@bradleyarrow! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @flaxz. (3/20)

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Did you hear about the happy Roman?
He was gladiator.

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@bradleyarrow, I sent you an $LOLZ on behalf of @flaxz
Use the !LOL or !LOLZ command to share a joke and an $LOLZ
(3/6)

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Thank you for burning ALIVE tokens and supporting the We Are Alive Tribe, you have earned 12 tickets for our weekly ALIVE Burning Contest.


!ALIVE
!CTP
!LOLZ



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@flaxz! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @aliveprojects. (10/20)

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.

Why did the king go to the dentist?
To get his teeth crowned.

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Release your inner Rock Star with Rising Star! The best #play2earn game on Hive! Play for Free!
(10/10)

I am not good at such calculation. Wanted to dive into it but started feeling dizzy!!

Anyway, we will see how it turns out!

!PGM

Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 15 SBT tokens to @hafiz34, @flaxz

remaining commands 5

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


Yeah it is quite a bit of calculations lol, you will see it in practise soon.

!ALIVE
!BBH
!LOLZ

@hafiz34! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @flaxz. (3/20)

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.

Hot singles in your area?
You need someone to fix their air conditioner.

Credit: reddit
@hafiz34, I sent you an $LOLZ on behalf of @flaxz
Use the !LOL or !LOLZ command to share a joke and an $LOLZ
(3/6)

Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

Fantastic development - great to hear - I'll be delegating some shortly !
!hivebits
!ALIVE

I have seen it, thank you very much.

!ALIVE
!BBH
!LOLZ

@hoosie! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @flaxz. (11/20)

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Never scream into a colander
You'll strain your voice.

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Are You Ready for some $FUN? Learn about LOLZ's new FUN tribe!
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@flaxz! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @hoosie. (3/10)

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.

Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

Success! You mined .9 HBIT & the user you replied to received .1 HBIT on your behalf. mine | wallet | market | tools | discord | subscribe | <>< daily

The community has spoken. The smallest HBIT unit is the quark!

Great update! Let's highlight this so more folks will be aware of what's latest in the tribe and its token rewards. Keep up the great work @flaxz! Enjoy your weekend!


Made in Canva

!ALIVE

- @iamraincrystal - Moderator/Alive Video Master
_
This post has been curated by the Alive And Thriving Team, we curate good content in the We Are Alive Tribe that is on topic for #AliveAndThriving, and it's included in our daily curation report on @aliveandthriving.
!hivebits

Thank you very much @iamraincrystal, and yes one more reason to stake ALIVE, and enjoy the rewards coming.

!ALIVE
!BBH

@aliveandthriving! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @flaxz. (3/20)

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.

@flaxz! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @aliveandthriving. (1/30)

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.

Success! You mined .9 HBIT & the user you replied to received .1 HBIT on your behalf. mine | wallet | market | tools | discord | subscribe | <>< daily

The smallest HBIT unit: which name is better, bitoshi or quark?

Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

Thanks for yet another way for passive income around the We Are Alive tribe. I think I will a little time to really understand it, but it sounds clearly interesting, and I will delegate for sure.
Have a great week end!
!ALIVE

Fantastic to hear man, and yes it's a win for everyone really.

!ALIVE
!BBH

Done, first delegation set up. Will see if I can increase it later. That was an opportunity to review and reset several of my other Hive Engine tokens delegations.
!ALIVE

@flaxz! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @manuvert. (4/20)

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.

That is great, and a house cleaning every now and then is also good.

@manuvert! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @flaxz. (12/20)

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.

@flaxz! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @manuvert. (6/20)

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.

Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

I am wondering whether or not it will affect your daily rewards for staking ALIVE if you delegate.

Posted Using LeoFinance Beta

No it will not, staking rewards are based on the stake that you own regardless if it is delegated or not.

It can effect your tipping level for our tipping bot though, as that is based on non-delegated stake plus incoming delegations.

!ALIVE
!BBH

@jfang003! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @flaxz. (5/20)

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.

Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

MIND BLOWN!!! This is great news!! Im off to delegate some ALIVE now!!

Thanks a lot Steve, and for your support, it's a win for everyone.

!ALIVE
!BBH

It's truly massive and another reason to keep stacking !ALIVE.

Great work!!!

Yes I think it will be great.

@mypathtofire! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @flaxz. (9/20)

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.

Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

More passive income just what is needed, there is great opportunity forming in We Are Alive awesome stuff mate
@flaxz have the best weekend
!ALIVE
!CTP
!BBH

Thanks a lot Ben, and for your support, it's stake and delegate rather than sell to get a profit.

!ALIVE
!BBH

Yeah i think it is better for the eco system this way in the long run
@flaxz have the best one bro great idea
!ALIVE
!CTP
!BBH

Yes, and we also get more ALIVE stakers that have ALIVEM staked as well, over time of course.

Great stuff mate should be good for the community and growth
@flaxz have a successful week😎
!ALIVE
!PIZZA
!LUV
!BBH
!MEME

@flaxz! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @benthomaswwd. (4/20)

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.


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Earn Crypto for your Memes @ hiveme.me!

Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

@flaxz! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @benthomaswwd. (2/20)

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.

@benthomaswwd! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @flaxz. (10/20)

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.

Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

@flaxz! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @benthomaswwd. (15/20)

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.

Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

Okay I'll try to do this tell me that the username is invalid so I remove the circle a thing cuz I don't even know what that's called yes I am able

Thanks Cheryl, I hope you can figure out how to delegate.

!ALIVE
!BBH

@adysscheryl! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @flaxz. (11/20)

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.

@ or spelling 🤪
Copied it from up there here

100 got it

Only this part, aliveandthriving

That's a good point because I had to figure it out myself which is sometimes a lot easier and quicker

Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

It is done! 😀

Thanks a lot for your support David, and enjoy the rewards.

!ALIVE
!BBH