#HiveHustlers News: Announcing Benefits for $HUSTLERM Token Staking Tiers + Token Burn Rates!

almost 4 years ago (Edited)

Today there's some awesome news to share regarding community token holders and future tokenomics.

Staking - Tier Benefits

We haven't announced concrete benefits / levels for staking our tokens yet. Today, we're happy to announce our new staking system and rewards.

Staking $HUSTLERM Miner Tokens = "Discord Club Levels"

50 Club - stake 50+ $HUSTLERM miner tokens:
Receive = 1 x $HUSTLERM token/month bonus (liquid + direct)

100 Club - stake 100+ $HUSTLERM miner tokens:
Receive = 3 x $HUSTLERM tokens/month bonus (staked) + 1000 x $HUSTLER tokens/month (liquid)

250 Club - stake 250+ $HUSTLERM miner tokens:
Receive = 10 x $HUSTLERM tokens/month bonus (staked) + 5000 x $HUSTLER tokens/month (liquid)

500 Club - stake 500+ $HUSTLERM miner tokens:
Receive = 25 x $HUSTLERM tokens/month bonus (staked) + 15000 x $HUSTLER tokens/month (liquid)

1K Club - stake 1000+ $HUSTLERM miner tokens:
Receive = 75 x $HUSTLERM tokens/month bonus (staked) + 35000 x $HUSTLER tokens/month (liquid)
50% off HiveHustlers T-Shirt (choice of size/color/gender) from HiveSwag.io

2.5K Club - stake 2500+ $HUSTLERM miner tokens:
Receive = 225 x $HUSTLERM tokens/month bonus (staked) + 100000 x $HUSTLER tokens/month (liquid)
1 FREE HiveHustlers T-Shirt (choice of size/color/gender) from HiveSwag.io

5K Club - stake 5000+ $HUSTLERM miner tokens:
Receive = 500 x $HUSTLERM tokens/month (staked) + 250000 x $HUSTLER tokens/month (liquid)
1 FREE HiveHustlers Hoodie (to be released, choice of size/color/gender) from HiveSwag.io

Token Burn 🔥 Rates:

We are very excited to announce our burn program, which aims to reduce the overall token market-cap and increase the value of tokens held by investors.

$HUSTLERM Token currently has 3MM tokens in circulation, with an overall 100MM token cap - this is changing to 10MM TOTAL cap, with 1.5MM in circulation (we will burn 1.5MM that are currently in circulation + 88.5MM unissued tokens).

$HUSTLER Token currently had 30MM tokens in circulation, with an overall 1B token cap - this is changing to 200MM TOTAL cap, with 30MM in circulation currently (we will burn 800MM unissued tokens).

What does this mean?

We are reducing a massive amount of possible tokens ever released, which means there will be far less available then there ever would be previously. Typically, this points toward increased demand since far less tokens are/will be available.

Please note:

If you'd like to join our community and grab some tokens, use the following links:

$HUSTLERM Miner Tokens = https://hive-engine.com/?p=market&t=HUSTLERM

$HUSTLER Tokens = https://hive-engine.com/?p=market&t=HUSTLER

Join the #HiveHustlers Discord:

https://discord.gg/hhRUy2C

Please note -- rewards susceptible to scaling as reward pool shrinks - bonus distribution scales with pool size

hivehustlers ocd ctp leofinance crypto hive-183630 hive-119826 hive-174578 hive-167922

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16 comments

@pixiepost 74

almost 4 years ago

Just when I couldn't be MORE excited....wow, my mind is blown!

Thank you for doing all of this for us Hustlers & other communities. This is a real powerful addition & so appreciated! :) Let's #hustle on! 💜 😍

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@hivebuzz 74

almost 4 years ago

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

	You received more than 300 upvotes. Your next target is to reach 400 upvotes.
	You distributed more than 300 upvotes. Your next target is to reach 400 upvotes.

_{You can view your badges on your board And compare to others on the Ranking}
_{If you no longer want to receive notifications, reply to this comment with the word STOP}

To support your work, I also upvoted your post!

Support the HiveBuzz project. Vote for our proposal!

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@gtrussi 58

almost 4 years ago

This is so cool! Looking forward to getting into the 5k Club soon! This is moving so fast Hustlers!

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@dkid14 72

almost 4 years ago

I love the speed at witch they move. Make looking forward to the future easy.

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@sumatranate 68

almost 4 years ago

Just bought more so I could join the 100 club. Look forward to great things ahead.

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@hivehustlers 65

almost 4 years ago

Be sure to mention in the miners club on discord that you've added more (plus your hive link/profile link) so we can verify and promote you! trying to manually check on 100+ members gets pretty cumbersome, quickly 🤣

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@dkid14 72

almost 4 years ago

Burn those tokens!! Glad I picked up so many miners. Its not too late to pick up a few more!

Keep posting to the community. Everyone that posts to the community page and I can see it there on peakd.com will get a 100% upvote for the next week. Upvote from my account @dkid.

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@dkid14 72

almost 4 years ago

I will not upvote cross posts into the community at 100. I would like to see the original post in the community page.

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@hivehustlers 65

almost 4 years ago

We LOVE this! We will also be dropping fat votes into the community!!!

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@jongolson 81

almost 4 years ago

Let's gooooo!

Power to the Hustlers!

Love seeing this community just step up and crush it over the past few weeks. And I know this is just the beginning!

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@hivehustlers 65

almost 4 years ago

HUGE things ahead for the #HUSTLER and #CTP partnership!!

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@mawit07 77

almost 4 years ago

Great work with this format of staking tiers. Now regret not buying at 0.65.

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@hivehustlers 65

almost 4 years ago

We are still taking OTC for large orders (as mentioned in our original posting, just hit us on discord), however, even if you only have a few hive, you should deffo grab the 0.75's while they're there (25% off our launch rate of 1.0) -- news is spreading!

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