Time to Make a Hard Decision
Folks, we have been considering what to do with the LOLZ Project for several months.
While we have some good news we plan to share soon, we have some bad news to share today.
We will be shutting down all LOLZ Farming at the end of September. That includes both tokens and Hive.
We had been considering ending farming for a number of reasons, but recently events have forced our hand. Recently people began dumping LOLZ tokens in what may or may not be an attempt to "game" the farming system. Regardless of intent, the effect remains.
In addition to the complete ending of LOLZ Farming at the end of September, we will be paying rewards starting tomorrow based on an LOLZ value of 0.0025 HIVE. We selected the 0.0025 value as a recent low before the most recent dumping.
Both of these changes are being made to prevent abuse of our farming system and protect the stakers.
Please un-delegate your tokens as soon as possible.
We know there are some good options out there right now for a number of tokens and we encourage you to move your delegations to those to continue to earn farming rewards.
Thank you to everyone who has been supporting the LOLZ Project. Like I said, we have some additional changes we are working to implement that we believe will help increase the value of the LOLZ Token.
About the LOLZ Project
The LOLZ Project is an engagement project with the mission of spreading laughter and joy on the Hive blockchain.
Use the !LOL or !LOLZ command in comments to share a clean joke and tip the author an $LOLZ token.
Farm $LOLZ tokens by delegating Hive Power and Hive tokens.
The Top 125 $LOLZ stakers earn Daily Dividends.
Mine $FUN Tokens when you hold Fun Miner ($FUNM) tokens.
Earn $FUN tokens when you blog about fun things and use #fun tags.
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