Delegation rewards for the community
I said I would get started moving forward with the community once I had some time. Well, I have time and the first thing that I wanted to do is setup a delegation reward process for anyone who delegates to the curator here.
After numerous attempts to get things working on GitHub as an automatic weekly payout I finally gave up because I just couldn't get the delegators reliably loaded. So very frustrating. Instead I made a website I can visit, run a scan, and then just click pay, pay, pay, pay. Yes, I have to manually do it every week (or click it twice after two weeks) but at least it is a step forward.
Here is what it looks like.
First Rewards Sent: Jan 22, 2026
Current HP of curation account : 4569.818
That does not include the delegated amount. Just setting a starting amount so I can see how many HP are actually accrued each week.
Payments : 5.270 GLS
Now that isn't a typo. There is a new token in town. GLS (Sparkle). These tokens going to be rewarded for either holding GLD (not yet active) or delegating HIVE. They are designed to be valued at 1 GLD = 1 HIVE and I am expecting to hold HIVE equal to the number of GLS that have been printed.
Currently 5000 GLS tokens have been printed VS 4569 HP held. Yes, there is a discrepancy of about 431 HP that I need to build up. I'll get there. However, the missing 431 HIVE will slowly be added to the HIVE engine "BUY" so that anyone who gets GLS tokens will have an easy way to sell them if they wish. However, at my discretion I may make the "buy" side somewhat smaller so I can invest into tokens such as EDSI and others in order to bring in more HP to back the coin and provide better curation rewards to the community.
How much will delegators receive?
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The delegation rewards are NOT a set amount and they will be influenced by a number of factors.
First: A base amount
The amount of HP growth by the curator account will determine the base amount that is paid out to delegators. However, people who delegate who are not members of the community will get less than community members. People who do not hold GLD tokens will also get a smaller reward. The idea is that those who are regulars get more than bots and outsiders.
Second: Holding GLD tokens
To rewards those who are holding GLD tokens there will be a multiplier to their earnings from delegation (currently set at 2x). For anyone who has earned those tokens or shown support by buying them I think they deserve a little extra reward.
Third: Holding GLT tokens (Glitter)
GLT tokens are another token that has recently been created. They are NOT expected to hang out on the hive-engine or tribaldex. They are NOT designed to have any actual resale value. Instead they will be given to people who post in the community. They will also have a multiplier to the base amount.
First Week trial
As this is just the first week there will be some tweaking of the exact payouts and formula but for now? I'm just happy that I have a system and a coin so I can happily reward those who help the community.
...... When it finally opens :)
Thanks for dropping by.