2252 LEN tokens paid as dividends this week
When we look at the price evolution of the LEN token during the last weeks, we see that the price has dropped at somehow lower levels since the middle of July. However, this is not necessarily a bad thing.
Influence of LEN prices on dividends and burns
When people delegate hive power to the liotes.voter account, we calculate the curation return in Hive and according to this we define how much LEN tokens will be distributed to delegators. This means that with lower LEN prices, more LEN tokens are distributed. Since we buy these LEN tokens on the market, that actually means that we need to purchase more tokens. At the same time the amount delegated to the liotes.voter account is growing and this means that the amount of tokens distributed to delegators has reached a new all time high this week with 2252 LEN tokens distributed!
The liotes account is also delegating it's hive power to the liotes.voter account and it receives daily dividends that are burnt on a weekly basis. So the lower the LEN token price, the more tokens are burnt in an organic way. This week 500 LEN tokens could be burnt, which is 50% of the weekly supply increase.
Both effects in the long run should stabilize the LEN price and create buy pressure.
The numbers of this week
It's interesting to see that the APR in the diesel pool LEN:LENM is over 31.5% at the moment which is much higher than average.
Liotes
A project run by @ph1102 and @achim03
At the moment there are 125 LEN tokens in the prize pot for the Liotes Power Challenge 2026.
Slow and steady wins the race!
Exactly, sometimes it seems too slow lol
Thanks for the update.
!BBH
!ALIVE
!HEARTBEAT
!PIZZA
!BEER
You are welcome!
ah I forget you guys have come back from vacation
!BBH !ALIVE !PIXY
Yes we are back... not 100% but almost lol
HIVE as a whole is in an endless slump. All that considered, I wouldn't expect any other token here to be unaffected too.
To be honest, we are also affected by it because low prices impacts on our capacity to pay for infrastructure.
Noice dividend feels good man. !PEPE !ALIVE !UNI
APR of dividends is around 90 - 110% of curation rewards.
Berry good, thanks! !PEPE !UNI !ZOMBIE
Thanks for the update. Prices may be down, but its nice to see that more LEN is being burned.
In the long run it's a self regulating mechanisme. Low prices more tokens burnt. High prices, less tokens burnt.
This is good. More progress.
I think so too :-)
Thank you for the update. :)
You are welcome!
Thanks for the update.
!ALIVE
!BBH
!PIXY
You are welcome!
$PIZZA slices delivered:
@imfarhad(1/5) tipped @liotes
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