GLS Payments have started
Total I'm very pleased to make the GLS payments to delegators to the curation account. Of course most of those delegators are just other accounts. Two of them are people I have leased HP from to increase my voting power but....
I have my first actual delegator!
Thank you to for delegating 20 HP to the community.
I don't know if you will care but..
.... You are now the only person outside the dev crew who holds GLS tokens.
In addition.
.... You are the only person other than the token maker that holds any GLT token.
By the numbers
HP last week : 4569.818
HP this week : 4591.002
An increase of roughly 22HP
Value paid out 5.301 GLS/Hive
That seems very low compared to the 22HP gained BUT ... if everyone held both GLD and GLT tokens the payout would be roughly 4x as much and the payout would have been 21.2 which is pretty much right where it should be.
About GLS and GLT tokens
These tokens are very simple.
GLS (Sparkle)
These are minted as a stand in for HIVE. It takes time to unstake HP so rather than try to find a way to unstake the 22 HP received this week GLS will be given out instead.
GLS will have a small buy wall at 1:1 but they are NOT intended to be sold at least not by me
GLT (Glitter)
These are minted solely to show those people who have supported the community in one way or another. There is no intention to buy or sell these tokens and their sole purpose is to ensure that those people who support the community AND delegate to it get larger GLS rewards than those who do not.
And that it....
The weekly delegations are done for January 30, 2026