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.
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!
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.
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
I love reading your new updates, and I am also looking forward to the second edition. I can't believe the first one is already gone... I thought it was a new project, and not a lot of people know about it, and I will have a chance to be one of the early birds. I wanted to grab a bit more of the first edition, but I will have to pay a bit more for the second one.
I love it regardless, this token is definitely a good long-term investment, I did a bit of math and it definitely pays out to diamond hand this one. 💠 It's like a dividend stock that pays every month. 😀
I like the plan, keep up the excellent work Vocup team! 😍🙌
Thank you so very much for such a nice comment and feedback! 😃
Yeah, you are right; it's still quite a new project. According to the sales dynamics in the first couple of months, we didn't expect either that over half of the 1st edition would be sold out just in the last four days of last month.
Nevertheless, the first series (there would be four of them) of the second VOCUP token edition is already out. We hope you'll manage to grab this one on time! 😊
And last but not least, thank you very much for your support! 😍🙏
I will definitely buy some more to increase my holdings. 😊
Hello!
Nice payout! I can see my 0.3 HIVE on my account, thanks!
i'm not an expert, but i think the lower payout is due to big last buy of VOCUP tokens a few days before the snapshot.
All that HIVE didn't produce much, as it was only a few days staked, but the reward was split evenly.
Next payout will be much more ^^
Thank you very much! 😊
Yes, according to your holdings, your rewards share for November that we sent you was 0.305 HIVE.
And there was also an announced Proof Of Brain token bonus reward of 2.5 POB sent to you (also calculated according to your VOCUP token shareholdings). 🙂
Regarding, as you call it, "big buys of VOCUP tokens" that happened in the last four days of November, the thing is the following.
No matter when the purchases of the VOCUP token happen, they can not negatively impact the amount of shared rewards. So, the question is, can they impact the shared rewards positively?
In the bigger picture and in overall, every purchase absolutely has a positive impact only!
The other pair of shoes is, when will this positive impact occur?
In our concrete case, when rewards are shared on a monthly basis, all the purchases that happen in the last seven days of the month wouldn't have any impact on the total amount of accumulated rewards for that same month. The reason why is that so, it's actually very simple!
Every day we scroll through the Hive blockchain in search of a newly published articles that we are going to curate (upvote). As we all know, the author's rewards, the same as the curation rewards for the published articles on the Hive blockchain, are paid out on the 8th day, meaning 7 days (or 168 hours) after the time of the article's publishing.
In our concrete case, it also means that the curation reward for the newly published articles that we upvoted in the last seven days of the month will arrive in our account in the following month.
So, to clear your doubt, the "big buys of VOCUP tokens" that happened at the very end of November certainly didn't negatively impact the amount of shared rewards for the same month, but unfortunately, couldn't have a positive impact either (as they arrived too late for that).
However, the factors that may influence the lower number of accumulated rewards are:
The factors that may influence the lower payout are:
We hope all the above explanations managed to clear some of your doubts and paint a clearer picture as of the overall Hive blockchain functioning the same as of our project system.
Same as you, we strongly believe and sincerely hope that the accumulated rewards this month will be bigger, which will automatically make the payouts bigger too! Therefore, we wish you happy HODLing! 😊
Thanks for the clarification!
So we will see a boosted payout thanks to the first issue of vocup tokens selling out ^^
Keep up the great job!
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Might get a few of these as it seems like a nice little project to be in :)
!PGM
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-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!
Discord
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
Thank you very much! 😊
We would be glad to have you on board! So, please feel welcome and join us whenever you feel like it.
Thank you for burning ALIVE tokens and supporting the We Are Alive Tribe, you have earned 10 tickets for our weekly ALIVE Burning Contest.
!ALIVE
!LOLZ
Made in Canva
@mypathtofire - Alive Chat Fire Master on @alive.chat
@vocup! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @aliveprojects. (3/30)
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.
lolztoken.com
He lost interest.
Credit: lofone
@vocup, I sent you an $LOLZ on behalf of @aliveprojects
Delegate Hive Tokens to Farm $LOLZ and earn 110% Rewards. Learn more.
(3/10)
Congratulations @vocup! You received a personal badge!
Participate in the next Power Up Day and try to power-up more HIVE to get a bigger Power-Bee.
May the Hive Power be with you!
You can view your badges on your board and compare yourself to others in the Ranking
Check out the last post from @hivebuzz:
Support the HiveBuzz project. Vote for our proposal!
Dear @vocup,
May I ask you to review and support the new HiveSQL Proposal so we can keep it free to use for the community?
You can do it on Peakd, ecency, Hive.blog or using HiveSigner
Thank you!
Done!
Thank you for your support @vocup, really appreciate it! 👍
Without imposing and as we are in a renewal period for proposals, if you could take a look at the HiveBuzz Proposal Renewal - #248 as well 😁
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Yay! 🤗
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