Community post
July 8th. Change delegations
Changing things up a bit
Going from Curation to Delegation
Not long ago I got a message from Hive Watchers letting me know that circular voting was a bad thing but switching from a curation model to a delegation model was kind of a pain. I did it anyways so if you were to look at the primary GLD accounts you will notice:
- hiveabbyftp : Will be unstaking his HP and moving it to other accounts to delegate.
- tergan : Will also be unstaking HP and converting a portion to EDSI and moving the rest to other accounts to delegate with.
- terganftp : Will be keeping his HP staked so that the RC value stays low(ish) but will be delegating to @pakx
Why PAKX
Now there are a few different reasons why 7000 HP is being delegated to PAKX.
The reasons:
- I know one of the main people behind it @dlmmqb and I trust him to keep things honest
- I get PAKX tokens which are valuable by themselves but more importantly
- With enough PAKX tokens I have been told I can use the !PAKX command to upvote others content. Not entirely sure the details on that yet but when I have 200+ PAKX tokens I'll look into it further.
- PAKX tokens pay out a daily drop of HIVE... if you accumulate enough of them.
That was the main work done on the account today
Working on a liquidity bot
I also started looking into a bot which will monitor the BUY wall on hive-engine for the GLD and the GLS token. I'm not overly worried about the GLD token as its bot is working as expected on hive-engine and on the dedicated sale website.
However, the GLS token is more worrying to me. Currently there is a buy wall of 1 HIVE for every GLS token at arms length from the creator. I just want to automate things so that there will always be a way for GLS holders to reliably liquidate their coin if they desire.
I haven't got it working yet, but I did spend an hour or so working on how to poll the hive-engine and see what the buy and sell walls look like.
And that's today's list of moving things forward in the GLD Sandbox :)
Replies (8)
You came and instantly became top 1 delegator lol @cinderclaw.gld @terganftp
Previously it was blackheart1 with 25k, then pimp some accounts and Eco's some accounts
They pulled back but non of the reasons r related to the project. It's more about hive suitation and blackheart1 just wanted more power to his other gaming project so stopped delegating
Non of it sounded like project is flawed or something
Anyone's you r now top 1 🥇
!BBH
Thanks for staying active. Your GLD activity distribution of 0.1128 GLS has been sent.
:) I didn't actually check to see how many had delegated to your project. I just hope that PAKX does well in the long term so if I'm not curating I'd do delegating :)
!BBH
Thanks for staying active. Your GLD activity distribution of 0.0921 GLS has been sent.
!BBH
Thanks for staying active. Your GLD activity distribution of 0.1049 GLS has been sent.
!BBH
Thanks for staying active. Your GLD activity distribution of 0.0859 GLS has been sent.
!BBH
Thanks for staying active. Your GLD activity distribution of 0.0951 GLS has been sent.
!BBH
Thanks for staying active. Your GLD activity distribution of 0.0782 GLS has been sent.