Are your ready for the first Liotes Anniversary?

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▶️ Watch on 3Speak


On 9.3.2021, we have started the sale of the Liotes Mills and we consider it the creation date of this project. To celebrate our first anniversary we have prepared a challenge for you!

The Liotes Birthday Staking Challenge !

The idea of this challenge is to stake as many LENM tokens as possible until the 9.3.2022. There will be nice prizes for all participants.

How to take part?

It's very easy to take part in this challenge. Write a comment below this post with the number of staked LENM tokens that you have today. You can find your staked tokens with this link. Please make sure that you give us only the staked tokens. The ones that are liquid or in the diesel pool don't count. This will be your starting level of the challenge. At the end of the challenge, we will simply calculate the difference in your stake. The person who will have staked the most tokens will win the challenge!

How long will this challenge last?

This challenge will finish on Wednesday 9.3.2022 at 11h00 CET. At this time, we will take a snapshot of all the LENM token holders and calculate the increase of LENM staked for each participants.

What can you win?

At the end of the challenge, we will distribute some prizes in the form of LENM tokens. There will be 15 LENM tokens distributed (maybe more). Everybody who takes part in the challenge, will get a prize. The more LENM tokens you stake, the bigger your prize.

The best stakers will also get some special prizes that will be presented at a later stage.

Good luck and good staking!

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Liotes

A project run by @ph1102 and @achim03

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▶️ 3Speak



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57 comments
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congrats on the first liotes aniversary.
All the best on the LBSC (liotes birthday staking challenge)

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Thanks! Hope it will be a lot of fun :-)

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Bildschirmfoto 20220223 um 15.30.59.png
Start 721.702
!PIZZA

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Entry 1:

@solymi starts with 721.702 LENM staked

Thanks for taking part!

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(Edited)

PIZZA! PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
@successchar(2/5) tipped @liotes (x1)
solymi tipped liotes (x1)

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

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Congratulations and the birthday challenge animation was cool! One question I have is, is there a maximum supply of LENM? Based on the white paper, if 20 LENM by lottery gets 0.3 LEN per hour, does it mean if the number of staked LENM were to increase, the chances of "winning the lottery" of 0.3 LEN for each LENM will be reduced? Thanks!

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What you write is correct, the more tokens are staked, the less chances there are to win in the lottery. There are at the moment 7088 tokens staked. There are 480 winners per day. The winning chances are 480 / 7088 = 6.7%. With today's situation there is a 6.7% that a staked token wins once the lottery per day.

Let's check if we have now 8000 tokens staked as an example. 480 / 8000 = 6%. So this would reduce the chance of winning to 6%.

What should be kept in perspective however is that with every token that are bought from Liotes, the fortune of the Liotes.fund increases and thereby the interests that are generated. So for a lower winning chance, we get a more income from interests.

It's a big complicated but I hope you get what I mean :-)

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Yes I understand, can I also ask how can we purchase and stake LENM? Is it only through Tribaldex, Hive-Engine and/or LeoDEX?

To complete the challenge, I have 0 staked LENM tokens today. :)

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ENTRY 4:

@relf87 starts with 0 LENM staked

Thanks for taking part!

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I don't have any LENM tokens staked but I was planning to buy some so this will be an incentive to speed up the decision. How many can I collect?

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ENTRY 3:

@yeckingo1 starts with 0 LENM staked

We are looking forward to seeing how many you can collect :-). Good luck and thanks for taking part!

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I currently have 4.914 LENM staked and I will probably just convert my LEN into LENM later. So it probably won't be much added to my stake but every little bit counts.

Posted Using LeoFinance Beta

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0 staked currently.

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ENTRY 7:

@ijat starts with 0 LENM staked.

Nice to have you on board!

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Yeah, zero for me, lol. I was migrating them towards the diesel pool.

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ENTRY 8:

@gadrian starts with 0 LENM

Ah man, difficult choices. Diesel pool or staking challenge lol

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haha, well I have 0. 0 LENM and 0 knowledge so I will need to figure out a plan soon :)
Looking forward to learning more about your project, congrats on 1 year! (came from ListNerds)

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ENTRY 9:

@pregosauce starts with 0 LENM staked

Thanks for taking part. It's quite a big project with a lot of facets :-)

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

You got more than 2250 replies.
Your next target is to reach 2500 replies.

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:

Hive Power Up Month - Feedback from February day 22
Support the HiveBuzz project. Vote for our proposal!
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Count me in on the LENM staking challenge. I have 0.059 staked to start with.

image.png

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I've got 100 LENM right now. Not sure if I'll be getting more or not but, just in case, that's my starting point.

Posted Using LeoFinance Beta

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I haven't staked any today and i only have 1 staked overall
😎

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Happy birthday, Project Liotes!
All my LENM went to the pool so I don't have anything staked :(

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ENTRY 13:

@proto26 starts with 0 LENM staked

Thanks for taking part!

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The most... I won't be the one as my goal for this year is just 1% of Liotes pool 😅
Still 29 rn~
image.png

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Congratulations on the anniversary. Unfortunately, I do not have any LEMN staked.

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ENTRY 17:

@rcaine starts with 0 LENM staked

No problem there. You can start with zero :-)

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@achim03 The King Has 221 staked.

!ALIVE

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Happy 1st Anniversary to the Liotes Project! Unfortunately, I don't have LEMN staking.

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Entry 25:

@iceledy starts with 0 LENM staked

Thanks for taking part!

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