The price of HIVE in November dropped by about 30%, which certainly impacted curation (and the author's) rewards because of the reduced value of upvotes that are calculated by more or less stable HBD (always worth around $1 US).
Despite that, with our added investments combined with funds gathered from token sales in the first three weeks of November, by all of which we increased our curation power (HP), we managed to compensate for the loss of the HIVE price drop.
Still, the total amount of accumulated rewards in November turned out to be a bit smaller than in October. We were pretty surprised, although we know that inevitable slippage may always occur in both directions, even when the staked power would remain the same. (I.e., when the article upvoted by us afterward gains a more significant, smaller, or any amount of upvotes by other Hive members. Something we certainly can't impact and have no control over.)
However, we spent the last couple of hours investigating how this unwanted slippage occurred and found the cause.
The thing is that although the project was created to share with our token holders, curation rewards only, we were actually sharing, all the way through, our author's rewards too.
Unfortunately, our two posts published in November (Rewards For October Have Been Sent Out and Curation Power Doubled in Less Than Four Months) didn't gain combined that much author's rewards as our only post published in October (Rewards For September Have Been Sent Out). And that's where and how the difference occurs.
Although it's a regular occurrence in the life of the Hive blockchain and certainly not our fault, we decided to compensate you for this slippage by adding a bonus to our Reward Pool for November of 100 POB tokens (currently worth more than the slippage difference) which were distributed according to the percentage of your VOCUP token holding, and which have been already sent to your accounts.
(Take a look at your Proofofbrain.io, Hive-Engine or Tribaldex wallets.)
To cut to the chase, the snapshot was taken on November 30th, 2022, at midnight (UTC).
As shown in the tables below, rewards were sent out earlier today, December 1st, 2022.
In November, our small family of token holders grew by another four new members! 😃
Therefore, we want to give special thanks to @siddhartaz, @karla129, @jfuji, and @slothlydoesit, our new November arrivals who gave us their trust.
VOCUP token new edition issuance
In the last four days of November remaining quantity of the first edition of VOCUP tokens has been, quite unexpectedly, completely sold out.
The size of 1st edition was 200 tokens, and the token price was $5 Hive.
As described in our first Announcement post, the price of the 2nd edition of VOCUP tokens will be $10 Hive/(Swap.Hive) per token.
The 2nd edition will be released later today after publishing this post!
More details about it we will publish in our following post.
Stay tuned!
Powering Up
During November, we continued our practice from previous months. We were powering up our account in the amount and according to the dynamics by which the VOCUP token was purchased.
Curation & Tipping
In November (2022), we enlarged our list of tipping tokens (ALIVE, BBH, PGM, LOLZ, PIZZA, and PGM) by another nice token - LOH, a token created for the ladies of Hive.
Therefore, besides our upvote, we will be able to reward authors of the curated articles with three tips in the combination of ALIVE+BBH+LOLZ, ALIVE+BBH+PIZZA, ALIVE+BBH+PGM, or ALIVE+BBH+LADY.
(More about LOH (Ladies of Hive) token you can find here.
To buy a VOCUP token, visit Hive-Engine or Tribaldex exchange.
Please look at our Announcement post to find out more about our project.
Images Sources:
1st image (Thumbnail): Our own derivative work with image by Image by Kirill from Pixabay
2nd image (Table 1): Own work.
3rd image (Table 2): Own work.
Dividers: Our own derivative work with image by Gordon Johnson from Pixabay
