Earn SPK by delegating your LARYNX tokens

Whether you've been diligently claiming your LARYNX tokens for months, or you've bought a bunch of them off the market (or both), now is the time to put them to work.

The SPK Network is scheduled to go live next monday, but testing has already begun and you can start earning SPK tokens right away, by staking your LARYNX tokens and delegating them to a node.

SPK.png

Almost too easy

I just went through the process myself, and it's basically as easy as powering up and delegating any other token here on Hive. I believe the whole thing took me less than a minute – here's what I did;

  1. Logged into https://vue.dlux.io/me#wallet,
  2. clicked the SPK tab,
  3. powered up my LARYNX tokens and
  4. delegated them to a node of my choice.

larynx.PNG

In my case, I chose to delegate my LARYNX to @v4vapp, which is run by @brianoflondon. I've followed his work for quite a while, and know that he's doing loads of important work around here, even if I don't understand the specifics of even a quarter of it. His intentions with running the v4vapp-node on the SPK-network is outlined in his post The real Web 3.0 and why I'm running a Node on the SPK Network as V4VAPP.

More than just earning

By powering up and delegating your LARYNX token, not only are you earning for yourself, you're contributing to the decentralization of a network which goal is a truly censorship-resistant platform that noone can ever own.

SPK Network, a decentralised, censorship-resistant social media protocol and incentivization layer for web3. The SPK Network provides the ability for video platforms and content creators to interact with the decentralized social graph, while rewarding infrastructure providers with SPK governance and BROCA gas tokens. - spk.network front page

I'm very excited for being here at this moment in time, to be a part of this ambitious and profoundly important project.

Further reading



0
0
0.000
9 comments
avatar

Do you have any idea how often the tokens are received after delegating?

Posted Using LeoFinance Beta

0
0
0.000
avatar

I'm afraid I don't. You may be better off asking in the official post (link at the top of this page).

0
0
0.000
avatar

Hello, thank you for the post;
However, there are things I still don't understand:

  1. Must I use all my LARYNX power in delegation? Maybe I have 10k LARYNX and I want to delegate 5k to witness and keep 5k in my wallet, do I earn anything for the 5k power that I decide to leave in my wallet?

  2. Can we delegate to several node operators or only one?

0
0
0.000
avatar
  1. You can power up and/or delegate as much or as little as you want. Unfortunately I'm not familiar with the mechanics of staked LARYNX that aren't being delegated.
  2. I think you can but I haven't tried this myself. You may be better off asking these questiond in the official announcement post (link at the top of this page)
0
0
0.000
avatar

Thank you buddy. I'll ask this in the discord channel because they're not responding un here 😘 🙏

0
0
0.000
avatar

Congratulations @mightpossibly! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You made more than 700 comments.
Your next target is to reach 800 comments.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out the last post from @hivebuzz:

Hivebuzz supports the HiveFest⁷ Travel Reimbursement Fund.
0
0
0.000