The first post of the CTP Swarm Booster

in The CTP Swarm6 months ago (edited)

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This is officially the first post of the CTP Swarm Booster project. Even though the project started a couple of days ago, this is the official beginning.

Posting over @ctpsb

So far I've posted news related to the project over my own account. Starting from today all posts will be written by the @ctpsb account. This has some very important implications. These posts will generate author rewards for the project.

Increasing the value of the token

For the posts we will chose a 50/50 split. So half of the author rewards will be paid in staked hive and will increase the value of the account and thereby of the tokens.

Increasing liquidity of the market

The liquid part of these posts will first be used to pay for the token creation. Once this is paid, the liquid hive that is generated through the posts will be used as a buffer to buy back tokens. If there is a lot of demand to sell tokens and the market maker runs out of liquid funds, it will have the possibility to sell tokens back to the @ctpsb account and get some more liquidity. These exchanges between the market maker and the @ctpsb account will always be at the token value of the moment and will therefore have no influence on the price of the token.

Situation of the moment (1.9.2020)

Date: 1.9.2020Hive Power
Powered up Hive513 HP
Delegations10'114 HP
Total10'627 HP

Number of tokens to be emitted: 513
Value of 1 token: 1.00043 Hive

First target

Let's not forget our first target which is to reach 1000 HP in Hive (delegations not included). If we reach this target this will unlock a goody that will profit all the people in this project.

Target: 1000 HP -> Reached 51.3%


Learn more about the CTP Swarm Booster:


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Total Hive Power to upvote posts: 11,023
Number of tokens to emit: 703


70.3% Completed of 1st Goal

The new curation trail of @ph1102 upvoted this post ;-)

hahahaha... is that a good thing or bad? :)

Still poking around... I have to tune percentages of upvotes... It should be better over time...

That's a great thing man. You put up a curation trail and within a day it works and casts votes. 👍

It's quite difficult to tune everything with these upvotes. It can quickly drain the voting power if the calculation is not balanced. It's a bit learning by trial and error...

Such a cool project! 😉👍🏼 I feel honored to be part of it 😊😊

Posted using Dapplr

Thanks a lot for being part of it and your support 😀

I'm slowly starting to get the concept, and I really hope that you (will) have some bots to help you with collecting data and calculate everything... :)

Thanks for doing this for the CTP Swarm!



Made in Canva

@thisisawesome Moderator


This is Awesome Content, and it will be manually curated with an upvote of 65% from @thisisawesome (will be done today), and it will also be included in our Awesome Daily Curation report in category Awesome CTP Curation for more visibility.

The goal of this project is to "highlight Awesome Content, and growing the Hive ecosystem and the CTPtalk tribe by rewarding it".


Source

Hahaha... You might be right about this one. At the moment I can follow the flow of information quite easily and I update my spreadsheets. I won't mind if it generates more work ;-). Thanks for your support!

Yes, this is an awesome project and what an amazing start. I just delegated 100 HP so it should now show over 11k HP in total.

A big thank you for the delegation! As you said we passed 11K!!!

This a great project, Achim! Thanks for getting it started. I plan on getting involved as soon as I can.

Thanks a lot for your feed-back. It would be great if you could take part in it :-)

I delegated as well. I'm not sure if I did it right. Hopefully you can let me know :D

Well done @jangle and thanks a lot!

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woohoo it worked! So happy to be able to contribute :) Thanks Achim

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

You distributed more than 100 upvotes. Your next target is to reach 200 upvotes.

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

Do not miss the last post from @hivebuzz:

Hive Power Up Day - The countdown is ticking
Hive Power Up Day - Let's grow together!

Congratulations @ctpsb! You received a personal badge!

You powered-up at least 10 HIVE on Hive Power Up Day!
Wait until the end of Power Up Day to find out the size of your Power-Bee.
May the Hive Power be with you!

You can view your badges on your board and compare yourself to others in the Ranking

Do not miss the last post from @hivebuzz:

Hive Power Up Day - The countdown is ticking
Hive Power Up Day - Let's grow together!


Congratulations @ctpsb!
You raised your level and are now a Minnow!

Do not miss the last post from @hivebuzz:

Hive Power Up Day - The countdown is ticking
Hive Power Up Day - Let's grow together!

Congratulations @ctpsb! You received a personal badge!

You powered-up at least 100 HP on Hive Power Up Day! This entitles you to a level 3 badge
Participate in the next Power Up Day and try to power-up more HIVE to get a bigger Power-Bee.
May the Hive Power be with you!

You can view your badges on your board and compare yourself to others in the Ranking

Do not miss the last post from @hivebuzz:

Hive Power Up Day - The countdown is ticking
Hive Power Up Day - Let's grow together!