wLeo-ETH pool and GEYSER
Today I have looked closer into WLEO-ETH pool participant list.
Seems there are not many left who can be concerned about the participation rewards been not distributed for 430 days.
@bearjohn is in dormant state, he has NEVER posted even one single thread on INLEO or post on HIVE. He has not touched his Hive wallet for a half year.
@taskmaster4450le is too busy with AI & other tasks, and probably has more important and valuable things to worry about (I can fully understand and respect this)
@sumatranate.leo has not posted on Hive since 2021, and has not touched his LEO wallet for several years.
So seems I am practically alone, who have enough reasons to talk about this.
GEYSER
wLEO-ETH pool payouts (named by a fancy name "GEYSER") been set to erurp every month, paying accumulated LEO rewards in proportion to participants pool %.
Service has not been very smooth, but in Early 2024 it was finally fully automated. Unfortunately, it has not worked that way for long.
The last GEYSER from @wleo.pool been distributed on 25.03.2024
Since then, I tried to raise this issue numerous times on Discord and Threads. In general, the response was like "we know the problem, just give us time, be PATIENT, we are dealing now with far more important issues".
OK, I decided to be patient. Time-to-time just dropping short reminders with #feedback tag on INLEO threads.
Patient for 14 months, or 430 DAYS
Reward accumulation contract still works like a clock, increasing the rewards pool EVERY DAY. Today it holds 257164 LEO
However, I have not the smallest idea, what are intentions now to use these accumulated LEO's for. At least I have not heard or read it anywhere (if you have, PLEASE PLEASE pinpoint me with a URL link)
OK, let's assume automation is broken again. Would it take so much time to execute only 6 (six!) Hive transactions manually ? At least every 3 or 6 month?
Am I asking too much?
Am I too unpatient?
I have no data how (and if) wLEO-ETH participation percentage has changed since March 25, 2024
But if we assume it has not changed, then these accumulated LEO's I still expect to be distributed close to this last seen percentage:
@onealfa
On hive/steem 9+ years
In the meantime I believe that LEO was specifically made for masochistic investors.
I have finally decided to not participate in any leo ventures, have had a good amount of loss in cub project, and I feel they bring too many things on the table but then can't handle them well.
More people will have higher Leo staked in the future is just a matter of time.
Maybe just co-incidence: The KE negatively correlates with meaningfulness :)
A highly insightful breakdown, thank you for shedding light on the wLeo-ETH pool and GEYSER dynamics. The clarity of data paired with contextual analysis is exactly what’s needed for sustainable participation.
I hope a serious action be taken to resolve this.
That's a lot of LEO and I can understand the frustration. The LEO team should address this immediately.
Thanks for explaining! I didn't understand your thread but now I understand the importance.
I hope the inleo team will sooner or later fullfill their promises!
Congratulations @onealfa! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next target is to reach 55500 replies.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPCheck out our last posts:
I had no idea these wetre delayed that much. Do you think its still broken? Did you place a ticket?