Introducing the LOLZ Tribe - Now You Can Earn LOLZ When You Blog About #fun Stuff!

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(Edited)

The LOLZ Tribe Is LIVE!

Hello again fans and users of the $LOLZ token. We are so excited to let you know that we officially launched the LOLZ Tribe today!

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starting source

Now You Can Earn LOLZ Tokens When You Blog About Fun Stuff!

As we mentioned last week, today we enabled staking of the LOLZ token, and have started a reward pool, the two steps involved in creating a Tribe on the Hive blockchain.

What that means is you can now earn LOLZ tokens when you blog about fun topics and use our fun tags - #fun, #funny, #lolz, and #jokes. You will also be able to earn LOLZ when you post on LOLZ's Fun House or use the community tag #hive-155986.

You can also earn LOLZ when you stake LOLZ and curate posts using our #fun tags.

Tribe Details

We spent a bit of time trying to figure out just what each of the variables meant for the reward pool smart contract and hope we get things setup right. Some of the key things worth noting include -

  • Linear post and curation rewards. That means your upvote should be worth more or less the same regardless if you are upvoting a high earning post or a low earning post.

  • Rewards will be split 50/50 for author and curator. As is pretty standard, the upvote rewards will be split evenly between the author and the curator.

  • Rewards will come 50% liquid 50% staked. We elected to have 50% of the curation rewards come staked to encourage people to grow their stakes and thus their curation potential.

  • Just under 300 LOLZ rewarded per day. We wanted to reward our users, but at the same time we didn't want to create a massive source of inflation. So we elected a fairly small reward rate. Based on our calculations we expect the initial APR that can be earned by curators will be somewhere around 40-80%, depending on a lot of factors. Some in our control, some not. Early APRs may be crazy high... will be #fun to see!

  • 28 Day Un-Staking Period. We selected what we believe to be a reasonable un-staking period. 28 days, in 4 7-day periods.

Those are the highlights, but if you want to see all the gory details, you can check out the image below which I created using one of @quekery's awesome bots.

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Impact and Transition Period for the !LOLZ Command

Now that staking is enabled, we will be moving to only include staked $LOLZ to determine your status and the number of times you will be able to use the !LOLZ command. In other words, you will need to stake 16 $LOLZ to use the command once per day, stake 64 $LOLZ to use it twice, and so on. In addition, the $LOLZ tip will come staked.

For the next week, the @lolzbot will look at both your liquid LOLZ balance and your staked LOLZ to determine your level. We are giving everyone this time to learn about the new staking requirements and stake their LOLZ. However, starting next week, only staked LOLZ will be used to determine your level.

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Impact and Transion Period for Dividends

Hopefully you already know that the LOLZ token pays dividends to its Headliners (those holding 512 $LOLZ or more).

Like with the !LOLZ command, we will be moving towards only considering your staked staked $LOLZ to determine your eligibility and share % for dividend disbursements. Also like with the !LOLZ, we are giving a 1 week transition period where the sum of your liquid and staked LOLZ will be used to determine your share of the dividend payouts. However, starting next week, only the staked LOLZ will be used.

Impact on FUN Air Drop

As we announced, we will be conducting a FUN air drop on August 20th. The airdrop is going to be on a 2 $LOLZ for 1 $FUN token basis. For the purpose of the airdrop only staked $LOLZ and $LOLZ in the MEME:LOLZ diesel pool will be considered. Also, the $FUN token air drop will come staked.

No Change to LOLZ Farming!

While we will be sending tips out as staked LOLZ, we will continue to send LOLZ farming rewards in liquid LOLZ.

Next Week We Are Doing It All Again!

As we have stated, next week we are going to do this all again as we launch the FUN tribe and you will be able to earn FUN tokens on the same #fun tags! Hopefully you will have your LOLZ staked by next Saturday at 8 am (Eastern Time) as that is when we are going to start the FUN Airdrop!

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LOLZ Free For All On Steroids

We need your help to spread the news about our new LOLZ Tribe, so we are giving our usual LOLZ Free For All airdrop a dose of steroids to entice you to share the news with your friends and followers.

You can earn up to 15 staked LOLZ by taking the following easy steps while this post is active (ends August 21):

  • Comment below and tag a friend or three (1 LOLZ per friend tagged, 5 max)
  • Re-blog this post and tell us you did in the comments (5 LOLZ)

About the LOLZ Project

The LOLZ Project is an engagement project with the mission of spreading laughter and joy on the Hive blockchain.

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lolz fun ocd curation hive leofinance meme cent pimp hive-engine
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534 comments
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This is super cool.
It's an awesome news for the community and a brilliant development.

@wittyzell @draysax @chincoculbert @ayesha-malik @itsostylish

Come check out this new development for the lolz community.

This post has been reblogged.

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Thanks for sharing the news. I hope you use our #fun tags often and become an LOLZ whale! !DROPLOLZ 9 plus 1 !LOLZ

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(Edited)

Awesome.

The only problem is I don't do joke.

If we promote LOLZ project or its related things in our post, can we use the tag?

I want to invite thevfollow friends to LOLZ or FUN world

@beststart
@imfarhad
@awah
@darmst5339
@ironshield

!LUV

Reblogged done!

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Well it doesn't just have to be jokes, you can use the #lolz tag on anything that is funny, and of course we would !LUV it if you used it when you posted about our project.

And you can use the #fun tag for things that are just fun, not necessarily funny. Like travel, games, movies, etc.

Thanks for sharing the news! !DROPLOLZ 9 plus 1 !LOLZ

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Interesting stuff. Thank you for sharing.

!ALIVE

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Great news, I have reblogged and invite to LOLZ

@chaosmagic23
@drlobes
@bradleyarrow
@whywhy
@brando28

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Thanks for sharing the news! !DROPLOLZ 9 plus 1 !LOLZ

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Blogging about fun stuff? I'm a dead serious guy 😂
!LOL

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i thought so with your picture you could do with cheering up! !LOL

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(Edited)

I think it's time to find some zombie jokes. 🧟
I feel insulted by your rude comment. 😅

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laughter could bring you back to life! !LOL

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Awesome fracking sauce 👌

!BBH

!ALIVE

!CTP

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the returns just keep compounding, someone is having a !LOL

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Can I do that yet? !LOL

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once you have staked your LOL you can.

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I just staked what I have. 67 I think.

!LOL

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Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

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Hi, I think its a great update, and I've already staked my LOLZ ! And I've also reblogged this post.
I'm really looking forward to the airdrop and have built up my LOLZ a little more in readiness.
And I'm also tagging few others who may want to get in on the action; @dubble, @n1to, @plicc8, @mypathtofire and @engilhramn.
All the best @hoosie !

Posted Using LeoFinance Beta

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Thanks man!!! LOLZ is going places!!! Great to get in on the action early on!!! !LOL

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lolztoken.com



My roommate keeps saying that our house is haunted.
But I've lived here for last 216 years, and haven't heard anything unusual.
Credit: reddit
@hoosie, I sent you an $LOLZ on behalf of @mypathtofire
LOLZ staking coming August 14! Please read our latest update for details on how it will impact you.
(7/10)

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Aye - it certainly is - sorry, I'm completely out of tippers for today !

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Awesome! I noticed that you had been building. Will pay off with the FUN drop too!

Thanks so much for helping us get the news out! !DROPLOLZ 9 plus 1 !LOLZ

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lolztoken.com



It doesn't matter if my wife tells me I'm not mature
I'm not going to let her enter my tree house without the right password
Credit: reddit
@hoosie, I sent you an $LOLZ on behalf of @lolztoken
LOLZ staking coming August 14! Please read our latest update for details on how it will impact you.
(4/10)

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Great news! that deserves a good promotion.
Hope this interests @ivankralev @denicrack @melan88 @masdar and @laaalunaaa
I reblog it for my 1,182 followers, let's grow the community.

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1182 Followers? Wow! You have been busy!

Thanks for helping us get the news out! !DROPLOLZ 9 plus 1 !LOLZ

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Woot! Done staked my bags!!!

@jim-crypto
@enginewitty
@taco-pizza
@dadspardan
@blitzzzz

I reblogged this post too, don’t be holdin’ out on me with those extra tokens! 🤪

!PIMP
!LUV
!PIZZA

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Aw man @definethedollar, you are out of PIMP to slap people.
Go Stake some more and increase your PIMP power.
(We will not send this error message for 24 hours).

pimp_logo

Read about some PIMP Shit or Look for the PIMP District

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I would never hold out on one of our Headliners!

Thanks so much for helping us get the news out! !DROPLOLZ 9 plus 1 !LOLZ

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(Edited)

PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA! PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
serhotest tipped lolztoken (x1)
queenstarr tipped wesphilbin (x1)
wesphilbin tipped jane1289 (x1)
atma.love tipped lolztoken (x2)
manuvert tipped lolztoken (x1)
penderis tipped mimismartypants (x1)
chapelle tipped lolztoken (x1)
quekery tipped lolztoken (x1)
enginewitty tipped saffisara (x1)
rzc24-nftbbg tipped savvytester (x2)
definethedollar tipped lolztoken (x1)
servelle tipped lolztoken (x1)
@mariya36(3/5) tipped @lolztoken (x1)
savvytester tipped rzc24-nftbbg (x3)

You can now send $PIZZA tips in Discord via tip.cc!

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Great project and the LOLZ tribe seems like a good step forward. I have tried this past month to increase my LOLZ holdings in order to benefit from the FUN token airdrop, since it seems really fun! Inviting to LOLZ community: @rachaeldwatson, @luizeba, @maurojd
Also reblogged!

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Good job! We are happy to see folks embracing our #fun ideas!

Thanks for helping us get the news out! !DROPLOLZ 8

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(Edited)

The LOL community is growing even more with all these changes. Need to let more people know about the staking and FUN airdrop.

@ijat
@bradleyarrow
@maddogmike
@benthomaswwd
@cpol

!LOL

reblogged

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Thanks for helping us get the news out! !DROPLOLZ 9 plus 1 !LOLZ

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Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

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I reblogged and I think the following people are funny enough for this:
@beeber @freedomprepper @hiq @kryptodenno @unklebonehead
Let's have some #fun!
!LOL

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Awesome! Thanks for helping us get the news out! !DROPLOLZ 9 plus 1 !LOLZ

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Oh danke, ist wohl auch gut zu wissen für @siphon und die meme GmbH?

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Danke für den Hinweis :)
!MEME !WINE

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Mist... !WITZ vergessen ;-)

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Ah wie... muss ich den #fun hier mit rein packen? !LOL

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Ja ne, det warn !WITZ, aber du kannst den tag in deinen witzigen Posts verwenden.

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lolztoken.com



Ein Österreicher wird gefragt: Wissen Sie eigentlich
was ein Vakuum ist?, Ich hab es zwar im Kopf, aber im Moment fällt es mir nicht ein.
Credit: indextrader24
@beeber, ich habe dir im Namen von @chaosmagic23 einen $LOLZ Token gesendet
Verwende den Befehl !WITZ oder !LOOL, um einen Witz und ein $LOLZ zu teilen.
LOLZ staking coming August 14! Please read our latest update for details on how it will impact you.
.(4/10)

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Haha aber ich bin doch gar nicht witzig #fun hast du meinen dreemport post damals nicht gelesen, da steht schwarz auf weiß dass ich doch keinen Humor habe ;-) da werden mir hier Dinge unterstellt tztz

ROFL !

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Ach, dummes Geschwätz. Du bist jetzt offiziell witzig!
Muss ich wohl überlesen haben.

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Haben wir schon lange gerebloggt und es wurde ja auch ein Screenshot von honorable erwähnt.

PS: Eskaliert mal nicht so krass in den Kommentaren

untitled.gif

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Good on ya. Always excited to see a new Tribe 😀

!BBH

!ALIVE

!CTP

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Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

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!hiqvote

!PIZZA

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Thanks for the help again!

!LOLZ
!gif lool
!meme

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@quekery, THE HiQ Smart Bot, has recognized your request. !PIZZA

If you have at least 10 HIQS staked, then juicy votes will follow!

Delegate [HP to @hiq.hive] or [BEE to @hiq.bee] or [PHOTO to @hiq.photo] to support the HiQ Smart Bot and its trails.

For any further questions, please feel free to contact @hiq.redaktion via comment or Discord.

(This is a semi automaticaly created manual curation. Currently I am in the testing phase though !LOL)

Check out HiQ - The Hivestyle Magazine, fomo into HiQs - The Support Token & vote our fuckingWitness!

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@cjlugo @darmst5339 @rowell @urkanon @javivisan I'm looking forward for this project to grow even more!!!

I reblogged it, too! Thank you! !LOLZ !LUV !HBIT

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Ahora hay que empezar a echar chistes como locos jajaja

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¡Ja, ja, ja! ¡Sí!

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¿Sabías que también puedes utilizar el comando !jajaja para compartir un chiste? Pronto añadiremos chistes en español que se enviarán usando ese comando, pero por ahora siguen siendo sólo en inglés.

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Thanks for sharing. I look forward to another airdrop.

!LOL
!HBIT

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Thanks! We look forward to you growing with us!

!DROPLOLZ 9 plus one more !LOLZ

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Yay, thanks! !LOLZ

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lolztoken.com



There is a autopsy convention starts this week.
Friday is open Mike night.
Credit: reddit
@lolztoken, I sent you an $LOLZ on behalf of @cpol
The LOLZ Tribe is here! Stake your LOLZ now to earn curation rewards and continue using the !LOLZ command. Please read our latest update for more information.
(1/10)

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All great news! Stacking will sure help adding (and retaining) value to the token, plus having a new tribe is awesome!
Also, I have a question: are you taking into consideration the possibility to delegate the lolz? Or it isn't something you are looking at?

Reblogged and I tag a bunch of people who could be interested :)
@amaillo
@tokutaro22
@thaddeusprime
@luizeba
@criptosectadepit

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Thanks!

We will likely not be adding delegation to the LOLZ token anytime soon. However, we do plan to add it to the FUN token once we have accumulated enough BEE to do so. It may take some time to get there though as it turns out we were given some mis-information on what it cost to setup a tribe. Turns out it takes 2000 BEE, not the 1000 we were told (1000 to enable staking, and 1000 to enable rewards). So that was 2000 BEE we weren't expecting to have to spend. Owch. !LOLZ

!DROPLOLZ 9

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(Edited)

This is a very interesting development. @mypathtofire @beststart @justclickindiva @jimmy.adames @deeanndmathews

REBLOGGED and I made a post about it!

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!LOLZ

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Hey, who doesn't like to have fun once in a while?

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Awesome! Checked out your post and really appreciate the support and love that you enjoy our dad jokes!

!DROPLOLZ 9 plus one more !LOLZ

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Let's see if @mimismartypants, @saffisara, @jfang003, @enginewitty and @spiritsurge have heard the news! !PIMP !PGM

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Staked...also you working on your reading list yet? ;)

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I did start... but think I need some remedial reading first. The "introduction" video I watched assumed a pretty decent knowledge of node.js. I think I need to work on that first. !LOLZ

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I have 😉👍
And I think this is amazing, lots of progress and exciting things happening. Love it 🤗

Happy monday ♥️

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Cool stuff my man!

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Thanks bro! !LOLZ

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Do held tokens count even if they aren't staked? And what about pools, do those count towards calls?

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The held tokens will count only for the next week (well till Sunday), and then you will have to stake them to have them count.

Currently the LOLZ held in pools doesn't count towards calls, but I recently learned how to get access to the info on the pool holdings so I'm likely going to include that soon.

LOLZ held in the pool will also count towards the FUN air drop.

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Staked and ready to roll! Been using the fun tag in my posts already. But then I switched to LOLZ now I'm not sure which to use!

For the love of fun put me out of my misery! 🤣

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Fantastic news there Captain, and I have staked my !LOLZ and reblogged this post, and I invite @bradleyarrow, @ironshield, @edgerik, @iamraincrystal, @benthomaswwd and @ddn688 to this news.

!ALIVE
!BBH

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Thanks so much for the encouragement and the help sharing the news. Excited to see !ALIVE doing well. Price is holding up nicely in these bear markets. Show what a great job you are doing building that community.

!DROPLOLZ 9 plus one !LOLZ

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Yeah, just need to invent more time though !LOLZ

!ALIVE

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Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

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(Edited)

So much going on. Can't wait to get some more #FUN

reblogged

!PGM
!LOLZ

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Thanks for the great update, I will for sure stake all my LOLZ tonight, and be ready for the airdrop!
Reblogged.
You may be all aware of this but just in case:
@flaxz, @benthomaswwd, @heartbeatonhive, @bencwarmer, @new.things
Have a great week ahead, !ALIVE
!PIZZA

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Thanks for the heads up
!LOL
!ALIVE

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Glad to hear you will be staking! And thanks for helping share the news.

!DROPLOLZ 9 plus one more !LOLZ

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Thanks for letting me know about this buddy, much appreciated! 🙂

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Thanks for tagging, I didn't know about this.

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Thanks for helping us get the word out!

!DROPLOLZ 9 plus one more !LOLZ

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