GLYPH: An Update on the Project and Its Initiatives

Hello everyone!

Today, I’d like to give you an update on the GLYPH project and the different initiatives I’m working on around this token. This is going to be a fairly long explanation, but you’ll see that everything connects to the same goal: developing GLYPH and gradually building its ecosystem on Hive.

This is the main account for the GLYPH project on Hive Engine, which is also accessible through Tribaldex.

Growing My Hive Power

Alongside developing GLYPH, I’m working to steadily increase my Hive Power. I currently have 16,234.740 HP, and my goal is to reach at least 20,000 HP before the end of the year.

To speed up this progress, I occasionally post leasing offers when I can:

• In exchange for delegating HP to @we-are-ai, I offer a reward in BEE.
• In exchange for delegating BEE to @benef.tribes, I also offer a reward in BEE.

I post these offers on the Hive Engine leasing page whenever possible. Lately, @thefed sometimes accepts them so quickly that I’m starting to wonder if they’ve set up a bot to watch my listings—or keep the page open 24/7! Just kidding, of course—and thank you, @thefed. I still don’t know how you manage to spot my offers so quickly, no matter what time or day I post them!

Important: To receive the BEE offered through these leases, you need to use the leasing page:

https://hive-engine.com/lease

If none of my offers are available when you visit, you can also use the platform to support other projects.

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A Voting Bot to Support Selected Posts

I’ve also set up a small bot that runs 24/7. It votes at 3.5% on posts that meet the criteria I’ve set.

For now, it works like this:

• It only votes when its voting mana is above 96%.
• If a voting session is already underway, the threshold can drop to 95%.
• It targets posts with more than 500 words, written by authors with a good reputation.
• It does not vote accounts that are blacklisted or muted.
• It also avoids NSFW posts—or at least, I hope it does, if I haven’t made a mistake in the code!

I haven’t yet created a waiting list so the bot can catch up on posts it missed while its voting mana was recharging. That’s an improvement I’d like to look into, but first I need to figure out how to implement it properly.

Within 48 hours, the bot also sends 0.0003 GLYPH to everyone whose post it votes on.

This reward is deliberately very small. The idea is to distribute a little GLYPH to the authors being supported while remaining cautious about how much enters circulation. My intention is to help support the token’s stability and avoid distributing so much that it could put pressure on the market. Of course, this small reward alone cannot guarantee the price of GLYPH; it’s simply part of the way I’ve chosen to manage the project.

Here are a few screenshots of the GLYPH market:

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GLYPH Staking and Daily Distributions

People who hold GLYPH in staking receive a share of the distributions, calculated at an APR of 5.18% and spread over 365 days.

To manage these distributions, I created another bot. It checks how much GLYPH each participant has staked, then prepares the corresponding distribution.

I also added a very handy button: it inserts the distribution table directly into a PeakD post. This saves me from having to copy the data manually each time—and helps reduce the risk of errors when publishing.

Speaking of distributions, here are today’s results:

Limit 100 GLYPH STACK

@we-are-ai exclued to reward .

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To continue with the GLYPH token, you can use !GLYPH, just like !PIZZA, !ALIVE, !LOLZ, and others.

How does !GLYPH work?

If you have 0 GLYPH, you can still use the command in a post comment or as a reply to another comment. This will earn a reward for both you and the person you commented on:

The reward amount now depends on the commenter’s GLYPH stake. Rewards are calculated in whole-number increments: each staked GLYPH earns 0.00001 GLYPH, up to a maximum of 0.001 GLYPH.

Examples:

Less than 1 GLYPH staked: 0.00001 GLYPH

1 GLYPH staked: 0.00001 GLYPH

2 GLYPH staked: 0.00002 GLYPH

10 GLYPH staked: 0.0001 GLYPH

99 GLYPH staked: 0.00099 GLYPH

100 GLYPH staked or more: 0.001 GLYPH

LIMIT 100 GYLPH STACK

Everything appears in a small internal bot, where I can check for abuse. You will receive your reward within 48 hours.

Once a !GLYPH has been made, I have to send it manually by clicking a simple button. I prefer to keep GLYPH semi-manual so the market stays stable. I can cancel a request if I notice any abuse, so please try to use it only on good posts or to help people discover one of your projects.

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My curation and the !GLYPH rewards are also posted on a Discord server, which I’ll share if you’d like to check my curation and the GLYPH transfers. I’ll make one for you if you comment on this post ^^

You can’t send one to yourself. If you use the command on @we-are-ai, the account won’t receive any GLYPH—but you will.

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Let’s take a look at the token’s stability together before moving on to the next part of the explanation. There are still plenty of things to come.

Counting the GLYPH I hold in liquid form, the GLYPH I have staked, and the GLYPH I have listed for sale, I control 502.791601 GLYPH.

As you saw in the market screenshots above, the total supply is 758.67030015 GLYPH.

758.67030015 − 502.791601 = 255.878699 GLYPH, which is held outside my wallet in users’ accounts.

I’m buying back 268.99910000 GLYPH.

The token is still stable.

The price won’t drop, and it may even increase from time to time. If the buyback price increases by 0.1, the selling price will also increase by 0.1.

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What’s coming next?

Everything has already been programmed; I just need to do some calculations for the next steps. I’ll take a closer look at it this weekend.

I have one last bot that does the following. It will be put in place once I’ve completed the calculations and run some tests on voting mana.

@benef.neoxian, @benef.alive, @benef.archon, @benef.bbho , and @benef.tribes will each manage a token and a tag, and vote on exactly the same posts as @we-are-ai when they detect their assigned tag. I still need to check this weekend which tags to use and how often they appear in posts, so I can configure each account’s voting percentage.

For now, @benef.neoxian is already well established, with more than 100K NEOXAG staked and using the neoxian tag.

I continue to send it delegations whenever I can, and with its curation rewards, it swaps for GLYPH on the market.

I’m finishing up my staking on @benef.alive, which has a goal of holding 100K ALIVE and HEARTBEAT.

Once that’s done, the earnings will be divided into three parts:

1/3 will be added to the stake
1/3 will be swapped for GLYPH
1/3 will go toward increasing @we-are-ai’s HP

I’ll see if I can automate all of this. It should be much simpler than the bots mentioned above, lol.

Next, I’ll move on to @benef.archon, which will aim to hold 100K ARCHON in staking (I’ll see along the way whether that’s feasible, depending on the price).

Before the end of the year, I’ll implement the final step of the GLYPH token—for now: paying 1,000 BEE to activate the option to delegate it to others.

I currently have a little over 500 BEE. Once the 1,000 BEE has been paid, all the BEE earned will be staked to generate more, which will:

1. Pay for lease offers on hive-engine.com/lease
2. Help fund @we-are-ai’s HP
3. Help maintain the stability of the GLYPH token

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As you can see, for now I’m simply reinvesting my earnings into Hive and Hive-Engine, and I’m not making any personal profit from it. Let’s hope that once everything is finished, I’ll at least earn enough to cover the operating costs (internet, electricity for the bots, and subscriptions to the AI tools that help me code and think through my projects—even if sometimes it’s difficult to get them to understand what I want and we end up going in circles. Yes, even with 10-kilometre-long, highly detailed prompts, lol).

https://discord.gg/6epSy6CmP