You are viewing a single comment's thread from:

RE: POSH Token Monthly Report | December 2022

in #posh2 years ago (edited)

Some thoughts on these stats;

Twitter's been a bit flaky ever since the Elon acquisition, they recently also decided to change something huge suddenly in their API's but thankfully we noticed it a few days in and got it to work again so amount of daily POSH eligible tweets is back up. Though keep in mind the amount of Tweets registered in the daily @poshtoken account means that's only those with at the minimimum amount required to earn some POSH, not all tweets going out daily sharing Hive links and properly tagging them with #hive.

Number of POSH being burned or going to null going down is a good thing as it means more and more users are aware of POSH and have linked their Twitter account so those POSH won't just be wasted if their shares were eligible but we didn't know who to send them to.

Another thing we want to mention is that as for delegation we've decided to count @poshtoken's own and growing HP towards delegation rewards which means everyone else is earning a bit less due to that but we're going to slightly lower the POSH rewards sharers earn over time as well to balance it out. Since we just recently went from 75/50 between sharers and delegators to 50/50 we figured we give the sharers a bit more time to earn the same amount of daily tokens until that starts to slowly but surely go deflationary.

There's some more things we keep an eye out but it's hard to determine what constitutes as abuse and what not, naturally all this stuff happens a lot more over on Twitter and we on Hive are no strangers to abuse as we keep finding it here as well every now and then. We're determined to make sure posh only rewards genuine users and growth of attention so that our voices on web2 can be real and have real impact, not like the majority that exist there. On top of that since we use the reward pool to support the price of POSH it directly means that if you are registered, accepting posh &/ hive for your shares but purposely abuse it through like/retweet trading, botting, other services such as "cashrain", etc, we're eventually going to ban you which means you won't be able to earn any rewards from us anymore. You'll still have the badge on the front-ends that you've linked your hive and #web2 accounts but similar to downvotes here it will mean that you won't get the benefits all other genuine users get.

PS! Thanks @dalz for searching for and providing these stats!