🤣 LOLZ Project Update - Crazy High APRs for FUN and LOLZ Curation, New Tokens added to LOLZ Defi, Changes Coming to LOLZ Dividends, New Server, Bugs Squashed, To-Do List, and LOLZ Free For All 🤣

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Project Update

Hey all! Sorry we have been a bit quiet lately, but trust us, we have been busy! Read on to hear all the latest with The LOLZ Project and the FUN and LOLZ tribes.

Have You Seen the APRs for FUN and LOLZ? WOW!

When we setup the FUN and LOLZ tribes we targeted an initial APR of around 150% for FUN and 75% for LOLZ. Well based on the earnings our @lolz.fun and @lolz.lolz curation bots are getting we can see that we missed our target by a lot. Our actual APRs are much higher!

Our daily APR for LOLZ has been ranging anywhere from 100% to 200%. And for FUN we see the daily APR ranging from 250% to nearly 400%!

You Read That Right - Nearly 400% APR On FUN Curation!

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Why did we miss our target so bad? Well, that has to do with our stakers. Right now, we believe there is a big percentage of staked FUN that is not earning curation rewards. That means those who are curating the #fun tags (#fun, #lolz, and others) are getting more rewards for their efforts.

But don't expect these high APRs to last. Like most tribes, as more and more FUN and LOLZ gets staked, the lower the APRs will go. Also, as more people curate with their FUN tokens, the further the rewards will be spread and the lower the APRs will be.

But the curation APRs for FUN and LOLZ are sky high right now!

New Tokens Added to LOLZ Defi

We had hinted at it last update, but we are officially announcing that we have added three new tokens (FUN, LOLZ, and PHOTO) to LOLZ Defi. We will talk about what that means with regards to LOLZ curation, LOLZ farming, and LOZ dividends below.

LOLZ Curation

We have added three new curation bots to LOLZ Defi - @lolz.fun, @lolz.lolz, and @lolz.photo. Like all our other curation bots, these bots will randomly upvote our !LOLZ users and the posts they are tipping when they are tip posts using the respective tribal tags.

LOLZ Farming

People can also now farm LOLZ by delegating their FUN and PHOTO to @lolz.fun and @lolz.photo, respectively. Both of these tokens have sky high APRs at the moment which will give you an easy way to earn lots and lots of LOLZ farming rewards.

LOLZ can not be delegated so you won't be able earn farming rewards by delegating to @lolz.lolz.

LOLZ Dividends

We have also added LOLZ and FUN to the tokens we reward our Headliners in dividends. Like most of the other tokens are are curating in, we are paying out 40% of our FUN and LOLZ curation earnings in dividends to our Headliners (currently those holding 512 LOLZ or more, but that will be changing, see below).

We are not adding PHOTO to our dividends program at the moment because 100% of curation rewards for PHOTO come staked. We will look into options to add PHOTO to the list of dividends we payout, but for now PHOTO will not be included in the dividends we pay out.

Learn more about LOLZ Dividends in our introduction to LOLZ Defi post.

Changes To LOLZ Dividends

For a number of reasons, we are changing the LOLZ Dividend program in order to ensure the program manageable with regards to the time and Resource credits needed to run the dividends scripts, as well as ensure that we can provide a meaningful dividend to our top stakers.

Currently, dividends rewards are paid to those who have a fixed amount of LOLZ staked (512 LOLZ to be exact). However, after a vote of our LOLZ Govenors, we will be changing the Dividends program such that the top 125 stakers are included in the dividend pool.

In deciding where to set the threshold for being included in the dividend pool, we wanted to make sure that all existing Headliners would be included. Just over 100 stakers are currently staking 512 LOLZ or more.

We also wanted to be fair to those who have been working towards Headliner. So we decided to set the threshold at the top 125 stakers.

This change will (in the short term) lower the threshold for receiving dividends to just over 330 LOLZ. However, we expect the level to increase over time. Our daily LOLZ Dividend reports will make it easy for people to see how much LOLZ they will need to stake to be included in the dividend pool.

We plan to implement this change December 1, 2022.

New Server

As we stated in our last update, we needed to move our LOLZ Defi scripts to a new server. That turned out to be a bit larger or an ordeal than we had hoped, but we are happy to say that we have moved all our scripts and bots to a new much more powerful server that we are running.

While it wasn't a lot of fun, we have learned a lot and have reduced our dependency on 3rd parties and will save a little money too.

Bugs, Bugs, and More Bugs!

As if moving to a new server wasn't enough, we were really battling bugs this last month. First the Hard Fork crashed @lolzbot (and most other tipping bots). We figured out a fix and shared it with our friends and managed to get back to spreading laughter and LOLZ pretty quickly.

But that was just the beginning. Next Hive-Engine made a change that crashed LOLZ Defi. We were dead in the water for 2 days until the folks at Hive-Engine were kind enough to let us Devs know what they had changed. Thanks to @gerber and the Hive-Engine team for all you guys do!

Then as we migrated our scripts to our new server, the slight differences in Linux versions being run (Debian vs. Ubuntu) caused even more bugs to pop up. Ugh...

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But we are happy to say we have everything back up and running. Fingers crossed we can get back into the groove and move on to more #fun project development tasks.

To-Do List

So speaking of FUN tasks, lets have a quick look at our To-Do List

  • Setup Team of LOLZ Curators
  • Begin Weekly Fun Contests
  • Continue Weekly Meme Contests
  • Update Jokes Database
  • Develop FUN games

LOLZ Free For All

What would an LOLZ Update be with out a LOLZ Free For All? And since this is a big Update, we are super sizing our Free For All. While this post is active, you can earn up to 9 LOLZ!

  • Drop us a comment below (1 LOLZ)
  • Tag a friend in your comment (1 LOLZ per friend up to 3 friends)
  • Re-blog this post and tell us you did in the comments (5 LOLZ)

Note all rewards will come staked.

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(source)

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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Official Website
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Join Hive For Free


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119 comments
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!LOL

Posted using MemeHive

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What’s the best thing about Switzerland?
I don’t know, but the flag is a big plus.

Credit: thales7
@lolztoken, I sent you an $LOLZ on behalf of @holovision.cash

Are You Ready for some $FUN? Learn about LOLZ's new FUN tribe!
(6/10)

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!LOLZ right back at ya! Thanks for the support as always!

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Awesome! Thank you for the action! Maybe I didn't understood everything, but... where I have to invest best? I will ask you later...

@quekery, @mugglow, @bitandi you really should check this post here out! Very intersting for you, I think.

So. And the reblog, right? Will directly follow after sending this comment.

You made/make awesome stuff! Don't stop rockin'!

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That's some real great news! I'll be delegating a little more to the bots whenever I get some extra tokens lying around. Glad to see some more updates coming from the team.

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Very interesting how you are developing the project.

I'll have to sit down again and delegate more tokens to you.

Keep up the good work and good luck.

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Great update, thanks! This all sounds very good.
And reblogged.
Have a great week ahead, !PIZZA

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(Edited)

🍕 PIZZA Party!

I gifted $PIZZA slices here:
serhotest tipped lolztoken (x1)
stewie.wieno tipped lolztoken (x1)
@manuvert(2/5) tipped @lolztoken (x2)
lolzbot tipped mann0000 (x1)

Send $PIZZA tips in Discord via tip.cc!

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Great job guys!
Reblogged !LOL

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Good work spreading some fun around Hive!

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Going to have to delegate some fun tokens now. Need more LOLZ because I keep adding them to the lolz:meme pool.

reblogged
!MEME
!PGM

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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 15 SBT - 0.1 THG - tokens to @imno

remaining commands 14

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

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Discord image.png

Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


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So you are the one eating away my percentage? !LOLZ

Thanks for the support as always. !DROPLOLZ 6

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Post voted 100% for the hiro.guita project. Keep up the good work.

Stabilizer for CENT Token
New manual curation account for Leofinance and Cent

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The $FUN awesomeness continues with $LOLZ , thanks for these updates √√√

Re-blogged and voted √ @andy-vibes 😄

!LOLZ !MEME !gif happy monday !hiqvote

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Nice to see a new update from you! Just delegated my FUN a few days ago to enjoy that awesome APR!

Reblogged and I tag @ivanslait @stefano.massari and @stewie.wieno

!LOL
!PGM

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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 15 SBT - 0.1 THG - tokens to @arc7icwolf

remaining commands 1

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

image.png
Discord image.png

Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


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Grazie per la segnalazione. Ora ho proprio intenzione di imparare più cose a riguardo dei token di secondo livello di HIVE

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Wow... you got upvotes from nearly every !LOLZ bot! Nice!

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thanks for your article! Tagging my friends for the game @thanatos25 @horusisback and @hive-145782
!LOLZ
!PGM
!MEME

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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 15 SBT - 0.1 THG - tokens to @mann0000

remaining commands 0

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

image.png
Discord image.png

Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


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Very happy about this news, i try to reach number of LOLZ needed to receive dividends. The news should make easy to reach what I need but this could make difficult to mantain the position in the time.

Anyway I will try.
Maybe @zottone444 @claudio83 and @pousinha could be interested.

And I also reblog this news

!PGM
!PIZZA

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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 15 SBT - 0.1 THG - tokens to @stewie.wieno

remaining commands 4

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

image.png
Discord image.png

Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


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Great! Yeah, it will require consistent earning (or buying) to stay in the dividends, but with the ability to earn using curation and farming it is doable!

!DROPLOLZ 9

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$WINE

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I nearly missed this update 😎
tag @invest-time @itharagaian @lotterie-fr
reblogged
!CTP
!Gif !LOLZ !MEME
!PGM

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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 15 SBT - 0.1 THG - tokens to @servelle

remaining commands 4

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

image.png
Discord image.png

Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


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Great update, I noticed the PHOTO and FUN high APR
Tagging @fibra59 @adysscheryl @ritus92
reblog done
!Gif !LOLZ !MEME
!PIZZA

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Oh thank you I have not quite seen the post about yet though but cool thank you
!LOLZ

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Yes, I was amazed the first time I was able to run the dividends script with those tokens at the rate. Don't expect it to last, but it will be good earnings while it does!

!DROPLOLZ 9

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Very good project and update
call to see it: @wazock @sonaker @gestion.alive
reblog
!CTP
!LOLZ
!ALIVE

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Hey, I had one more question, sorry if it's not the right place to ask. But what time zone do you use for the ! LOL tips? Meaning when does it reset to the next day for my 8 daily tips? I thought it was Midnight UTC, but based on what I see, it's not, or not anymore. Thanks!
!PIZZA

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It may have been midnight UTC before, but we recently moved to a new server and I believe it would be midnight Eastern time.

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