How do we use the income from the first layer ?

avatar

How do we use the income from the first layer.jpg

So it's holiday time and Zoltan will be back home soon but it's quite amazing that even during holidays all the parts of the project are going on like normal. We have updated the weekly numbers. You can check them in the image below.

Liotes13.04.2026.jpg

There are now 59234 Hive power on the Liotes fund. Everything is delegated out and the return that we got this week is 88.63 Hive. That is actually the income from the first layer and today, I would like to explain a bit how we use this income.

How we use the income of the first layer

As I said, this income is generated through delegating to the liotes.voter account. Every day, we get dividends and these dividends are accumulating over the week. This week, the dividends generated corresponded to a total value of 88.63 Hive. This is the income that then needs to be distributed.

  • A big part goes into a pot that is meant to burn tokens on to the liotes.burn account. Together with other income sources, like our income from the hive-engine witness or the burn tokens from the delegation of the liotes account, it forms a pot that is paying for infrastructure costs and for the burn mechanism. This week for example, we managed to burn 300 LEN tokens with this pot.
  • Then there is one part that is going to the liotes.vibes account; it's 10 HIVE per week. This, in addition to other income sources from the second layer, is actually purchasing BTC tokens on a weekly basis.
  • A third part of this income is invested into CTBSB tokens that later on will be added to the reward pool linked to the LEN/LENEM pool. In the past this was our investment fund but we've realized that it's very difficult to actually find something that is worth investing in. We thought the best thing to invest in, is into our own project and that's why we have decided to invest this part into ctpsb tokens. These tokens will be added into the reward pool once the present one is running out. This ensures that the reward pool is refilled on a regular basis from the income of the project and that the return for our tokens will remain high.

We have also updated the Liotes ranking. There were no new ranks to be awarded. You can check out the ranking in the link below.

Liotes Divider Blue.png

Liotes

A project run by @ph1102 and @achim03

Resources

tribes bbh alive proofofbrain pimp archon cent
0
0
0.000
25 comments
avatar

At the moment there are 55.6 LEN tokens in the prize pot for the Liotes Power Challenge 2026.

0
0
0.000
Reply
avatar

We thought the best thing to invest in, is into our own project

A very wise thought 😊👍

0
0
0.000
Reply
avatar

This is the type of update that boosts member's belief in a project. Again, the fact that you thought it'd be best to invest in the community's own project is a plus. Kudos.
!BBH

0
0
0.000
Reply
avatar

Thanks for your kind words!

0
0
0.000
Reply
avatar

Thanks for the transparent updates on how the funds are spent

0
0
0.000
Reply
avatar

You are welcome! We are happy it's appreciated :-)

0
0
0.000
Reply
avatar

It's interesting to see how that income is used to provide value to the project.

0
0
0.000
Reply
avatar

We try to put the value for the token holders above everything so that the project offers nice incentives for stake holders.

0
0
0.000
Reply
avatar

Thanks for the transparent accounting for the funds used for this project! 👍

0
0
0.000
Reply
avatar

A nice spread of burning, investing in deflationary assets (BTC), and investing in CTPSB. Thanks for the update.
!PIMP
!BBH
!ALIVE

0
0
0.000
Reply
avatar

Missed reading the post, better late than never.

thanks for the updates.

!BBH
!ALIVE

!HBIT

0
0
0.000
Reply
avatar

imfarhad, you mined 0.9 🟧 HBIT and the user you replied to (liotes) received 0.1 HBIT on your behalf as a tip. You can receive 100% of the HBIT by replying to one of your own posts or comments. When you mine HBIT, you're also playing the Wusang: Isle of Blaq game. 🏴‍☠️ | tools | wallet | discord | community | daily <><

What's more, you found 1.0 ⚪ BLAQ pearl as a bonus treasure token!


Your random number was 0.15102790408018796, also viewable in the Discord server, #hbit-wusang-log channel. Check for bonus treasure tokens by entering your username at block explorer A, explorer B, or take a look at your wallet.

There is a treasure chest of bitcoin sats hidden in Wusang: Isle of Blaq. Happy treasure hunting! 😃 Read about Hivebits (HBIT) or read the story of Wusang: Isle of Blaq.

0
0
0.000
Reply