Project Update

Been a while since we had an update and we have had some interesting events happen since then so lets get to it!

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Holding Requirements Increase

As hinted at last update, we have meet with the LOLZ Governors and have decided to raise the LOLZ Holding requirements once again. However, we have decided to hold the lowest level required to give an LOLZ token at just 16 LOLZ. All other levels will be doubled.

In addition, we have decided to keep the LOLZ holding requirements for dividends at 512 LOLZ. As time goes on we may need to reconsider the dividend threshold as well, perhaps going to top 100 top holders threshold as the number of people who exceed the 512 threshold increases.

The holding requirements increase will happen on June 1. At which point, the requirements will be:

LOLZ Defi Update

LOLZ Defi continues to chug along smoothly, growing nicely over the last month. The following tables shows the growth in voting power for each of the tribes we are curating in.

We had a couple of tribes see tremendous growth including BEE at 780% growth, and THGAMING with 241% growth. But we also had some impressive growth in several tribes with many tribes over 100% growth. Only one tribe saw a decrease in voting power - ONEUP - as we must have lost some delegations.

Token	Stake + Delegations - 4/20	Stake + Delegations - 5/20	% Growth
HIVE	2300	5703	147
ALIVE	9520.0	17320	82
BEE	100	880	780
BEATCZ	1189130.0	1189150.0	0
CENT	17340.0	38830	124
CTP	5510.0	12370	124
DUNK	34820.0	38460	10
LIST	9870.0	27990	183
MEME	728660.0	1067870	46
NEOXAG	26930.0	34320	27
ONEUP	46520.0	42730	-8
PIMP	6030.0	7010	16
SPORTS	1484170.0	2822040	90
SPT	50420.0	123560	145
THGAMING	63260.0	216160	241
WAIV	2130.0	3050	43
WEED	3540.0	3730	5

Over the last month we have added Hive Power delegation to our LOLZ farming options and are offering a 10% APR. The additional HP has eliminated our RC concerns as the bot has more than enough RCs to distribute the jokes and LOLZ at our current rate of usage.

We will also be adding a few new tokens to LOLZ Defi soon including PGM, LEO, and SME.

At the same time we will be dropping VIBES as that tribe is no longer paying out earnings as we have mentioned before. If you are currently delegating VIBES to @lolz.vibes, please undelegate them as soon as possible.

Addition of German Jokes

We are excited to announce that @lolzbot can tell jokes in German now. Working with the folks behind HiQ Magazine the LOLZ Project is beginning to build a German Joke database to compliment the English joke database. Their aren't that many jokes in the database yet, but if you would like to get your jokes in German you can use the commands !Witz or !lool (capitalization doesn't matter).

If you want an extra laugh, check out who made the cover of their latest issue.

We are also starting to work to build a Spanish Joke database too, and have already added the new command !jajaja although it still just sends English jokes. However we expect to have some Spanish jokes added to the database soon.

MEME:LOLZ Liquidity Pool

The owner of Hiveme.me has created a liquidity pool for MEME and LOLZ.

Now you can earn MEME and other rewards by providing liquidity to the pool. The pool includes a lottery where one winner wins 500 MEME every hour in addition rewards to all providers daily.

Meme Bot 2000

As a way to say thank you to @holovision for setting up the MEME:LOLZ Pool as well as for his general support of the LOLZ Project, @captaincryptic worked to create a new fun bot to share Memes and $MEMEs - Meme Bot 2000.

@meme.bot is free for all to use up to 10 times per day by using the command !meme or !MEME. While @meme.bot doesn't distribute tokens, he does provide random upvotes that can give you a little HIVE and MEME.

Now you can double the fun by giving your friends the "!LOLZ !MEME" combo. Or give them a wall of laughter with the triple threat "!gif !LOLZ !MEME" combo.

They won't know what hit them.

LOLZ Bot NFT Winner

In our last update we included a giveaway of a unique and coveted LOLZ Bot NFT.

Using our patented random winner picker (looks kind of like a hat) we came up with the lucky winner @steven-patrick! Unfortunately, Hiveme.me seems to be down at the moment so I can't send you your NFT. I will keep an eye out for its return and will send the NFT as soon as I can.

To-Do List

We made a little bit of progress on our To-Do List, but have started adding some items too.

• Add new tokens to LOLZ Curation
• Add new tokens to LOLZ Defi
• Add HIVE delegation to LOLZ Defi
• Start daily LOLZ Contest
• Restart weekly joke challenges to add english, german and spanish jokes
• Get LOLZ added as purchase option for Risingstar and DCity.

LOLZ Free For All

What would an LOLZ Update be with out a LOLZ Free For All? You can earn upto 4 LOLZ in this giveaway!

• Drop us a comment below (1 LOLZ)
• Tag a friend in your comment (1 LOLZ)
• Use the !gif !LOLZ !MEME combo in your comment (1 LOLZ)
• Re-blog this post and tell us you did in the comments (1 LOLZ)

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About the LOLZ Project

LOLZ Project is an engagement project with the mission of spreading laughter and joy on the Hive blockchain. Hive users can use the !LOL or !LOLZ command in comments to share a clean joke and tip the author an $LOLZ token.

Help Support the LOLZ Project

Here are some easy ways you can help support the LOLZ Project -

• Use the !LOL and !LOLZ command often to tip fellow Hive authors.
• Upvote and re-Hive our posts. All rewards will be used to help cover server costs and increase curation value.
• Delegate Hive tokens and earn LOLZ Farming rewards.
• Follow @lolztoken and participate in our airdrops, contests, and giveaways.