Transferring 65% of my HP to DIYHub

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Heeeey!

The title is technically accurate, but it's not a sign that I'm cashing out or anything like that.

Spoiler Alert!

I’m transferring 65% of the HP from my @tibfox wallet to the @DIYHub curation project. This is essential to ensure we can pay our delegators and writers without dipping into my personal funds. Naturally, I want to avoid impacting my real-life bank account, so this seemed like the best solution. If you’re curious about the details and how we arrived at this decision, be sure to check out the video! ;)
Big thanks to @vaultec for his huge delegation and for bringing our payout plan to the limits. Now we are prepared ;)

The coding part is pretty simple

You first need to set up a vesting route from your source to the receiver account. Important here is that you set "auto-vest" = true. This will result in the funds are getting automatically powered up on the receiver side. I used Python and the beem library for that. Here is the documentation of the part following now:
from beem import Hive
from beem.account import Account
hiveNode = 'yourfavouritehivenode' # e.g.https://hive-api.arcange.eu
hiveWithdrawal = Hive(keys=['yourprivateactivekey'], node=hiveNode)
withdrawalAccount = Account(account='youraccountname',blockchain_instance=hiveWithdrawal)
withdrawalAccount.set_withdraw_vesting_route(to='receiveraccount',percentage=100, auto_vest=True)

Once you've set up the vesting route, all powered-down tokens will be automatically sent to the receiver account and (if you have auto-vest enabled) will get powered up there again. To keep things simple, I chose to power down using PeakD rather than manually calculating the vests I could power down via code using the beem library. ;)

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But these are YOUR funds?!

I still reserve the right to withdraw these funds from @DIYHub if necessary, though I don’t anticipate needing to do so for several years. Of course, I’ll adjust the payout code to ensure I receive my fair share as a “delegator,” even though I've invested in the project the hard way.

Thanks for watching, for your support, and for all your comments in advance!

_{P.S. I promise to write more next time. :D Uploaded using 3Speak Mobile App}

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