Liotes Project - data analysis - 1st month review .
Good evening to everyone , hope you are having a good day .
Recently liotes posted about completing 1 month of Liotes project .
Liotes project
Official website - https://liotes.com/
Official Hive account - @liotes
Launch date - March 9th
Project by - @ph1102 and @achim03
Miner - LENM
Link to buy it - https://hive-engine.com/?p=market&t=LENM
How does it work ?
Well in order to completely know about the project I suggest you to go to the official website and read the whitepaper .
But in simple words -
You buy LENM ( LEN miner ) and stake it and you earn LEN when you win the mining round .
You can use the LEN right now in the Liotes shop . I will post in detail about liotes shop in coming days .
Data
Let's look at some data related to LENM , LEN and users .
Note: This data is from March 9th ( release date ) till the time of posting this .
Total LENM staked
- 7014.598 LENM
Total users staking LENM
- 94 users ( at the moment . You have to note that there are some users who had staked LENM before but they unstaked and now there staking balance is 0 )
Total winners per mining round
- 20
Frequency of mining rounds
- Once per hour
Latest mining round
- 2021-04-15 13:25:24
Total number of wins from March 9th till now
- 18040
Total rounds from March 9th till now
- 902 rounds
Top 25 winners
| User | Number of wins | Total LEN won |
|---|---|---|
| @ph1102 | 2370 | 711.0 |
| @achim03 | 2355 | 706.5 |
| @uyobong | 1372 | 411.6 |
| @netaterra | 1053 | 315.9 |
| @solymi | 907 | 272.1 |
| @liotes.voter | 869 | 260.7 |
| @forykw | 605 | 181.5 |
| @jelly13 | 570 | 171.0 |
| @dkid14 | 546 | 163.8 |
| @almightymelon | 488 | 146.4 |
| @pixiepost | 441 | 132.3 |
| @kingneptune | 415 | 124.5 |
| @maddogmike | 372 | 111.6 |
| @notaboutme | 347 | 104.1 |
| @rezoanulvibes | 335 | 100.5 |
| @condeas | 300 | 90.0 |
| @aslehansen | 297 | 89.1 |
| @daigorokoike | 266 | 79.8 |
| @bitcoinflood | 248 | 74.4 |
| @dagger212 | 228 | 68.4 |
| @kolbjorn | 228 | 68.4 |
| @amr008 | 207 | 62.1 |
| @jongolson | 191 | 57.3 |
| @ctpsb | 174 | 52.2 |
| @risingstargame | 147 | 44.1 |
Has everyone who staked LENM won atleast once ?
- Yes since the total unique winners count is - 94
Probability calculation
What is the probability of winning a mining round if you bought just 1 LENM and staked it ?
Formula = ((your LENM / Total LENM staked )* 20 ) *100
Note: Here 20 is because the number of winners per mining round is 20 .
= 0.28% if you buy just 1 LENM
How many LENM you have to buy to get 100% probability of winning atleast once every round ?
- 357 LENM
@ ph1102 or @achim03 Please correct me here if I am wrong .
If you need your data , let me know in the comments or in the @leomarkettalk thread , I will get it for you .
Regards,
MR.
Posted Using LeoFinance Beta
I am not sure about 357 LENM to guarantee 100% win of a LEN per round. I would say it is probably more like 357 LENM to ensure you get on average more than 1 LEN per round. You could potentially go a few rounds due to luck with no LEN on a round.
Posted Using LeoFinance Beta
Hey no I never mentioned anything about "guarantee" , nothing is guaranteed in lottery . I just mentioned there is 100% probability .
Posted Using LeoFinance Beta
Lol. I think a 100% probability is essentially guarantee. If it was 99.9999999% then I wouldn't of said it.
Posted Using LeoFinance Beta
I bought some Liotes Miners pretty early on. I have been really happy with how it is performing so far. They seem to have a really good team behind the project.
Posted Using LeoFinance Beta
The Team is great! Especially since they are all about giving back to the community. Join us on the liotes discord if you are not there yet :)
Okay, I might have to check it out. I don't think I have joined yet. Is there an easy place to find the link?
Posted Using LeoFinance Beta
Yes sorry my bad should have said it :) https://discord.gg/UbzFJ5N6
https://peakd.com/hive-119826/@liotes/wzkdtalc also the latest post!
You are right , they are doing a great job . Did you check out their liotes shop yet?
Posted Using LeoFinance Beta
Wow cool to see the numbers crunched, and I just realized how big my chunk of the cake is :)
Hehe yeah you are doing well :) If you need any data related to your account , feel free to ping me . I will get it for you.
Posted Using LeoFinance Beta
Thanks, how much did I spend on minting costs on nft showroom ?
Thanks a lot for pulling all that together!
We have realized that it is maybe not that easy to understand all the facets of the project for somebody who hasn't been involved from the beginning. We are working on something to improve that.
Well I understood everything the first time I read it and English isn't my native so I guess it is good :) But improvements is always welcome.
Posted Using LeoFinance Beta
Although there are some small inaccuracies in this post, I do think it's very informative overall. Good job! :)
Hey , is it okay to know where you found the inaccuracies ? Would be helpful in correcting it next time so .
Thanks for stopping by :)
!WINE
Posted Using LeoFinance Beta
I thought the "How many LENM you have to buy to get 100% probability of winning atleast once every round ?" could perhaps be inaccurate, given earlier comments.
But I'm no expert myself, and honestly not sure!! ;)
Thanks for doing this short review of the Liotes project... There are many things that we have implemented in this one month and a lot more to go...
It's a journey... It's an adventure! :)
Definitely :) I am very impressed . I am planning on buying more LENM so that I can buy the delegations using the LEN .
Posted Using LeoFinance Beta
Is it possible to know how many times I win?
I can pull the data for you . Give me 2 minutes .
Posted Using LeoFinance Beta
You have totally won 56 times .
So 16.8 LEN in total .
Posted Using LeoFinance Beta
Thanks. !BEER for you.
Maybe, in the near future when all liotes-ans users have the liotes web page - username.liotes.com there could be this kind of pulled data 😄 what you think?
That would be amazing . But actually the data I pulled takes some time , like around 2-3 minutes , if people are willing to wait for that much time it can be easily done.
Posted Using LeoFinance Beta
otherwise I am not a programmer but I know that on the one page it would be possible to make a button under which there would be a script that would call this data or some other ...
interrupt me if I'm too annoying (I don't have anything to do at the moment, I'm in the hospital) ... but there could be a stats.liotes.com page where I would enter my username and then on a couple of buttons all the statistics this could be added gradually. .. It could replace that ugly google spreadsheet ...
View or trade
BEER.Hey @amr008, here is a little bit of
BEERfrom @seckorama for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER.is it still active?
Yes it is .
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