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
Just bought more so I could join the 100 club. Look forward to great things ahead.
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 🤣
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.
I will not upvote cross posts into the community at 100. I would like to see the original post in the community page.
We LOVE this! We will also be dropping fat votes into the community!!!
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!
HUGE things ahead for the #HUSTLER and #CTP partnership!!
This is so cool! Looking forward to getting into the 5k Club soon! This is moving so fast Hustlers!
I love the speed at witch they move. Make looking forward to the future easy.
Because of this post, I had to tear my pillow, get out my savings, and hit the 500 club! :)
I see a very nice future for this project, and I want to have a first-row ticket... ;)
🤣🤣welcome to the club! We'll fix that on Discord shortly - even more news about $HUSTLER staking today!
Oh, no! More money to spend! 🤣
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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Great work with this format of staking tiers. Now regret not buying at 0.65.
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!