FUN Delegation and lolz Defi Updates

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(Edited)

Image from Pixabay. No attribution required.

Disclaimer: This post is not financial advice. If you decide to follow what I am doing, you do so at your own risk.

If you haven't already done so, please check out the latest post from the LOLZ team for more detailed information. I will discuss briefly some TLDR highlights in this post:

FUN and PHOTO accounts have been added for delegation where you can farm LOLZ tokens.

A change to dividend distribution. Starting December 1st the top 125 stakers of LOLZ will receive daily div payouts. Currently the minimum is 512 but this is switching over to the top 125 stakers.

For the moment that means it's a little cheaper to get into the top 125 at a little over 320 LOLZ staked right now as opposed to 512. That said with no cap moving forward I expect it to be a little more difficult in the future to maintain top 125 stats.

I plan to maintain my position by increasing my delegations as I earn . Right now I am not just compounding but am regularly delegating more than I earn from just the divs at LOLZ defi to grow my balances faster. I am not delegating in every token, but I think I am close to 10. It's a bit much to keep up with so I mainly focus on the tokens with the best ROI whenever possible.

Speaking of delegating I have started to delegate my FUN tokens. I plan to delegate 10% of my balance every week (approximately) until my delegated amount is about equal with my staked amount. Once that happens I will adjust to whatever makes sense.

Right now I am still curating FUN/LOLZ but I may in the future simply delegate if I am not able to curate as much as I'd like.

I haven't heard anything new about a curation trail yet. There were talks of starting one but it is not live yet (to the best of my knowledge). I haven't been super active online the past couple of months due to health issues and moving so I may have missed something.

That's it for today's post. I hope you are well.

Thanks for reading.

♥️🦄

PS I will be doing more FUN miner giveaways soon :)



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9 comments
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Thanks for sharing the news! Really appreciate the support you give us.

!lolz
!gif amazing unicorn
!meme

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OMG that random joke from the !lolz command is epic :)

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