Ape Mining Club Delegation Challenge

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As you might know already, Ape Mining Club gives out 10% over realized curation rewards in APE tokens each day.

I would like to increase the bonus over curation, but I would like to do it in a fun way.

Currently @apeminingclub has just under 10K in delegation.

If we can get the delegation to @apeminingclub to 25K+ HP, I will increase the daily bonus payout to 15% over curation rewards. If we can get it over 50K HP, I'll go to 18%, and we can break 100K HP, I'll bump it up to 20% over curation rewards.

APE is at a very low price right now, so that's a lot of APE to distribute daily which you can choose to sell or improve your equipment inventory.

If the total delegation to @apeminingclub remains below 25K+ HP, I will keep the bonus at 10% over curation.

I will give this challenge until July 10th before we make adjustments.

As always, delegating to @apeminingclub does not guarantee any votes. You will receive APE tokens in exchange for your delegation.

@apeminingclub primarily votes on the HBD Stabilizer and other Hive positive projects.

If you haven't checked out Ape Mining Club, have a look here. Also check out the introduction post to understand how it works.

Posted Using LeoFinance Beta

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6 comments
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(Edited)

With the declining ape price where is all that ape gonna come from, I have a feeling you would run out of ape quite fast, especially at 100k+.

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It would come from redistributing our dev portion of rewards.

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Also can you elaborate a bit more on this

payout to 15% over curation rewards.

So if for example daily curation is 100 hive, you will hand out 115 hive worth of ape?

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