What will be the next steps for the GLYPH token?
The next step for the GLYPH token will be to enable delegation. However, to do this, I will need to save up 1,000 BEE on @benef.tribes. At the moment, it has 219.75124736 BEE.
Currently, if you stake your GLYPH, you will earn a small amount every day, under the following conditions:
The current staking reward rules are approximately as follows:
- 5 GLYPH staked: approximately 0.00071 GLYPH per day
- For now, the limit is set at a maximum of 30 GLYPH per person
I also have a side program that automatically calculates and distributes the rewards. The distribution time is not fixed, since the program performs many small tasks at the same time, and I am still improving the code whenever I have free time.
Normally, the program performs the calculations in real time.
My bot also automatically distributes 0.0003 GLYPH within 48 hours to everyone whose post I vote for during my curation.
For now, it does not take comments into account when I vote for them. I have not yet figured out how to make it add comments to its list as well.
The GLYPH token remains very stable, and all tokens can be sold on the market. For now, the sell offers are at 2.01 HIVE per token.
To create a price limit, I am trying to understand how to create automatic trading bots for the token. As you can see from the chart, if I do not set a limit, the bot buys whenever it can, sometimes at high prices.
Since the goal is to make GLYPH a bonus token, I do not want a bot to ruin me either. Therefore, for the moment, I will continue managing it semi-manually.
The price should remain stable and increase slightly as my project’s statistics improve. I would like to remind everyone that I am doing this for fun and to learn. However, if it eventually generates some passive income, I certainly will not complain! ^^
I am slowly approaching 16,000 personal HP.
Current goals
- Reach a minimum of 20,000 HP. After that, I will let it grow naturally through curation.
- Continue offering “leasing” whenever possible on the following website:
https://hive-engine.com/lease
I will let you know as soon as I offer more. - Reach 1,000 BEE on @benef.tribes to enable delegation for the GLYPH token.
Once this is done, I will increase the BEE Power of @benef.tribes for curation. I will also increase its HP to 1,000 and let it grow naturally through curation. Any HIVE above that amount will be transferred to me.
This will allow me to start generating some small passive gains. I will then do the same with other token-curation accounts.
In short, I will keep you updated when the time comes.
Thank you to everyone who has participated in the staking program. More small features will be added in the future.
I would like to remind you that you will not make a fortune with this token, but it can be used as a bonus for trading other tokens.
By the way, would you prefer to earn GLYPH through staking, or through liquidity, as I am currently doing?
@hivecurious
@antisocialist
@arribaeltelon
@jankris
@ahmedabbaci
@barski
@pancasona
@memess
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