🤣 LOLZ Project Update - New Tokens Added to Curation Bot, To Bee or Not To Bee, Tweak to Curation Bot, Huge Cheater Shut Down, To-Do List, and LOLZ Free For All 🤣

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(Edited)

Project Update

Real life has been a bit crazy the last few weeks and we have been a bit quiet on the blockchain. So we decided we needed to take a little bit of time to send our friends an update on what we have been doing in the background.

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New Tokens Added to Curation Bots

We are excited to announce that we have added four new tokens to our curation bots - $THGAMING, $BEATCZ, $PIMP, and $BEE. Thanks to our LOLZ Governors for helping us pick the tokens to add!

These bots have been actively curating our users for the last week and we will be adding them to LOLZ Defi in the next few days. If you are staking these tokens keep an eye out for our official announcement soon to start delegating and earning even more LOLZ!

Plans For BEE Curation Earnings

We have added BEE to our curation bots with an eye towards the future. You may or may not know, but BEE is the token that powers much of the second layer tokens. BEE is needed to create tokens, enable staking, and create tribes and Outposts. The LOLZ Project wants to grow into these areas in time and as such we will need BEE. Lots of BEE.

So unlike the other tokens, we will not be adding BEE curation earnings to the dividends paid out (Sorry!) Our first goal will be to enable staking which will help us limit the potential for big sell offs like we endured a week or so ago when one of our Headliners decided to dump a big chunk of their holdings and drove the LOLZ buy price down from the upper 0.08s to the low 0.04s in an instant. (Edit: We see they just did it again, and have driven the price down to the 0.02s. Owch! Not very friendly.)

Slight Tweak to Curation Bot

We made a minor tweak to our curation bots in an attempt to increase and stabilize curation earnings. As we have discussed before, our curation bots search out our most recent LOLZ usages and upvotes the tipper and the tipped users. This often results in curating posts and comments that are less than 5 minutes old.

Looking at the curation earnings from some of the tokens (SPT for example) we saw that often resulted in very poor earnings (and occasionally great earnings).

So we have added a 5-minute delay such that our bots will not curate any post or comment that is less than 5-minutes old. How much this will help is yet to be seen as it will take 7-days (5 days now) for the impact to be seen.

Huge Cheater Shutdown

Thanks to @crrdlx with @luvshares for giving us a heads up about a user that was out there self-tipping and abusing our system. As we have stated before, the LOLZ tipping bot is intended to tip other users. This person had over a dozen accounts all tipping each other. We hunted down all of their accounts and added them to our blacklist, and are happy that we were able to help share some of the accounts back to @luvshares that they hadn't found yet.

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It is important to make sure that cheaters never prosper.

Not only were they abusing the system and getting ill-gotten LOLZ tokens, they were also creating a huge resource credit drain. Once we added them to our blacklist we saw a big drop in calls to the @lolzbot and our resource credits have recovered and running near 100% again.

To-Do List

We made a little bit of progress on our To-Do List, but have started adding some items too.

  • Add new tokens to LOLZ Curation
  • Add new tokens to LOLZ Defi
  • Add HIVE delegation to LOLZ Defi
  • Start daily LOLZ Contest
  • Get LOLZ added as purchase option for Risingstar and DCity.

LOLZ Free For All

What would an LOLZ Update be with out a LOLZ Free For All? You can earn upto 3 LOLZ in this giveaway!

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

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(source)

About the LOLZ Project

LOLZ Project is an engagement project with the mission of spreading laughter and joy on the Hive blockchain. Hive users can use the !LOL or !LOLZ command in comments to share a clean joke and tip the author an $LOLZ token.

Help Support the LOLZ Project

Here are some easy ways you can help support the LOLZ Project -

  • Use the !LOL and !LOLZ command often to tip fellow Hive authors.
  • Upvote and re-Hive our posts. All rewards will be used to help cover server costs and increase curation value.
  • Delegate Hive tokens and earn LOLZ Farming rewards.
  • Follow @lolztoken and participate in our airdrops, contests, and giveaways.

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159 comments
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Absolutely Re-Blogged this post ~ Many thanks for the update √

Really pleased that our #BEATCZ Token has now been added to the list of Awesome Tokens!

I'm absolutely certain that our Official @BeatZchain Tribe Account will also be most impressed 👏

Sharing !HBIT

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Awesome! We !LUV it when the tribes we support support us back and look forward to a long relationship with @Beatzchain! !LOLZ

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It's good to see this project progressing all the time.
Please count me in
tag: @gestion.alive
rebloged
!LOLZ

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Thank you so much for adding beatcz to your curation bots music and comedy is a perfect relationship of entertainment we'll look out as well!!

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Hey, quick question for you... so what all tags are you staking? I'm using #beatzchain, but are there any more frequently used tags that might be tied to BEATCZ?

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(Edited)

Great update! Glad the cheaters got caught! And I’m very excited for the new tokens added to curation. Everything looks to be going in the right direction! Oh and re-blogged! !LOLZ

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Looking forward to those other things on the to-do list! !LUV !PIZZA

Reblogged and tagging @tanjakolader.

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Nice meme! I bet @rentmoney would like it! !LOLZ !DROPLOLZ 3

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Oops... I replied to @luvshares not you... !LOLZ

Nice meme! I bet @rentmoney would like it! !LOLZ !DROPLOLZ 3

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(Edited)

PIZZA! PIZZA! PIZZA! PIZZA! PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
rarej tipped lolztoken (x1)
dstampede tipped lolztoken (x1)
@lobaobh(4/5) tipped @lolztoken (x1)
arkasz tipped lolztoken (x1)
casimirio tipped lolztoken (x1)

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

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You did a good job with that abuser! Thanks for informing us! Keep up the awesome work!
@karkalitsos
!LOLZ

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The world needs some good humor! Keep up the good work!
!LOLZ

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Big updates! I think I have some of the new tokens to add.
Maybe @ge3ary who is new will be interested in this.
!LOLZ

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Can you tip me some @lolztoken so i can tip some people that will use my curation bot in the future
you use it too bye adding @memess.curator to your post or just tip some lolz or delegate some token :)
My friend @memess me :(

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Trying to buy up as many as that headline would like to sell me right now 🤣

Looking forward to staking! Good job team

tagging @assasinos3 ! and reblogged 😁

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Hello, I would like to officially invite the LOLZ Community into the Inspector Project. I have spoken to @crrdlx and @detlev so BEER and LUV can join security efforts. The thought came up that the LOLZ and PIZZA community might be interested in joining forces as well.

The project is very much at the start, the goal is to manually filter out bad actors and blacklist them. There are a lot of grey areas and being friendly and not shaming people on the chain with the project is important to us as well.

I am part of the @hiq.magazine and we will announce the inspector project in our next issue on 31.03.22. As a sign of our alliance I would like to offer 50 HIQS to the leader of your community, @captaincryptic as far as I am aware, so he can try out our Diesel Pool. If you would like to give us something in return we could really use some LOLZ in our Reward Pool

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Thanks for the invite, yes, I, @captaincryptic, would be happy to join the Inspector Project. I like you am not into shaming, just fixing. !LOLZ

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(Edited)

Happy to hear that, I will holla back when we take the next steps with the project and have the discord server !LUV

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Thanks for HIQS too. I will send you an equal $ amount of LOLZ to add to your pool. I saw in your magazine you also have a curation trail, but I wasn't able to find it. What should I look for?

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I will send you an equal $ amount of LOLZ to add to your pool

Thanks I added them. Via the link https://tribaldex.com/distribution you you can actually add rewards yourself for any pool. This might be an interesting way to distribute LOLZ to people who have not heard of it.

I saw in your magazine you also have a curation trail

I'm not in charge of the curation trail, maybe @quekery can help you

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[@quekery] @hiq.redaktion is our trail account.

In addition we have a bee trail. For this is @beebay our trail account.

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Thanks! I saw in your magazine that if I send 1 HIVE I can get a month of upvotes from the trail. Does that include the bee trail too? I'm likely to do that for our @lolzbot account since it does a daily post. Thanks again!

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[@quekery] The fee (1 HIVE) is for becoming MVP (Most Valued Poster). A bonus is that we are voting the MVP one month with a daily limit. That is not including the bee trail.

But we have a post promoting channel on our discord. Until now the usage is not very high. And in cases our mana is full we are happy to have something to vote on especially with the bee trail. But we are doing it manually.

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I would like to have a short meeting (30-60 min) with all the Token Creators this weekend. Do you have time? If yes, when?

https://discord.gg/WUwDkf7R

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So I'm in the US, Eastern Time zone. Pretty much anytime Saturday during daylight hours could work as I don't have much planned other than chores and programming.

PS. I sold half the HIQS you gave me and bought some BEE to put into the pool. Thanks!

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(Edited)

I would like to call the meeting for 4 pm UTC+2 today on the inspectors discord.

The others should have time as well, but I will hola if it gets postponed or sth.

Edit: 4pm UTC+2, forgot we changed to Summer time

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It's great to see you guys have not left out on what you are doing and you continue to think ahead! Thank you @dubble for the tag, I might have probably missed the post since I was very busy today!
Keep it up! !LOLZ

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PIMP and THGaming added at once? Talk about a great update!

Also, bye bye cheaters :D

Reblogged and tagging @michupa <3

Also, !1UP

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Don-1UP-Cheers-Cartel-250px.png

You have received a 1UP from @luizeba!

The following @oneup-cartel family members will soon upvote your post:
@oneup-curator, @ctp-curator, @bee-curator, @meme-curator, @pimp-curator, @thg-curator
And they will bring !PIZZA 🍕

Learn more about our delegation service to earn daily rewards. Join the family on Discord.

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Thanks for the update! Even if they are not tokens that I have much chance to ever delegate, it's good to see more tokens added to the project.
!LUV
!ALIVE
And reblogged

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This looks pretty awesome. So this is like a community owned token that rewards holders and curates content?

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Not community owned, but we do have a form of community governance using our NFT Governness NFTs. !LOLZ

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awesome thank you! going to give it a good look over

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I have some of the new tokens to add.
!LOLZ

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(Edited)

Awesome! We have noticed your regular additions to CENT and some of the other farms ... thanks for your support! !LOLZ

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GO CRAZY AND !LOLZ ALL DA WAY!
!BEER

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!ALIVE

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It's soon I'll get on board and give some attention to LOLZ. May push others get on board too @iamgem005 Reblogged !PIZZA

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Thanks! The more the merrier! !DROPLOLZ 3

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Glad to see the cheaters get caught.

Reblogging

!LOLZ
!WINE

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Thanks for the support! !DROPLOLZ 2

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Great update. Thank you.

Reblogged and...
!lolz
!wine

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Women only call me ugly until they find out how much money I make.
Then they call me ugly and poor.

Credit: lofone
@lolztoken, I sent you an $LOLZ on behalf of @alzee
Use the !LOL or !LOLZ command to share a joke and an $LOLZ. (1/1)

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(Edited)

Thanks for the update. Its sad that people have to abuse such a cool initiative that spreads laughter and free cryptocurrency to everyone. Keep up the great work. I for one am excited about your reasons for stacking the BEE token. I look forward to your future updates.

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LOLZ, this is a nice offer, I def want a LoLz after such fantastic updates, do you agree @siberian12?
!PIZZA

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Oops.. here is your 2nd !LOLZ

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A father was washing his car with his son
And the son says, “dad, can’t you use a sponge?”

Credit: reddit
@arkasz, I sent you an $LOLZ on behalf of @lolztoken
Use the !LOL or !LOLZ command to share a joke and an $LOLZ. (11/10)

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Just rebloged this post🤙 check it out @terrybogan
!LOLZ

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WAZ ZAAAAA !LOLZ!!! SO I have seen peeps passing this around to other folks in comments and @rentmoney has snt me on a discovery march, not directly just my own currosity. So here I am trying to snatch up some of this all freeness!!!I have done the 3 task ya askerd for this awesomeness too!! Tagged my new friend @rentmoney, this here comment, AND Reblogged , MY FIRST TOO!!! Ty guys n gals. Diggn whats poppin here!!!

Says,
Yeti

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Awesome... that @rentmoney is one cool dude! !LOLZ and here are !DROPLOLZ 3 more to get you going!

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