LOLZ Farming and Dividends Report for 4/10/2022

LOLZ Defi Report.

This is the LOLZ Defi report for 4/10/2022. This is an automated report. All liquid Hive from this post will be used to buy and burn LOLZ. Token earnings will be staked to increase curation value.

Discussion of Report

Happy Sunday everyone. Another day, another great report, but we are still having a problem with PIMP.

PIMP has not paid out for several days now despite me doing a manual claim on their frontend and Hive-engine. I've had a similar issue with LeoFinance in the past on one of my alt-accounts that eventually cleared it self up, but since this is impacting our delegators I'm going to do some digging and see if I can find out what is up. I can see the rewards are building up, they are just not getting paid out when the claims are made. For now, I will manually reward my delegators with some LOLZ while I work to get this straightened out.

Otherwise, all is looking good. Everyone enjoy your day because tomorrow it is back to work/school!

@captaincryptic

What is LOLZ Defi?

LOLZ Defi is a way to earn passive income on the Hive Blockchain and includes three components.

• LOLZ Curation
• LOLZ Farming
• LOLZ Dividends

Each component works together to provide value to LOLZ users, delegators, and holders. Learn more about how LOLZ Defi works in our Introduction to LOLZ Defi post.

LOLZ Farming Basics

Farm LOLZ tokens by delegating Hive tokens to the LOLZ Curation bots (HIVE delegation coming soon!). We are rewarding delegators with LOLZ tokens equal to 110% of the value of the curation rewards received from their delegation.

To start farming LOLZ, delegate the following tokens to the associated curation bot.

Curation Earnings

The following table summarizes the LOLZ Curation earnings for the last 24 hours. The APR shown is calculated by dividing the daily earnings by the amount of tokens staked and delegated multiplied by 365 days. The APR for each token changes daily based on the earnings achieved. Note the APRs shown DO NOT include the 10% bonus paid to LOLZ farmers.

Farming Rewards

The following table shows the LOLZ farming rewards for today. We are rewarding delegators with LOLZ tokens equal to 110% of the value of the curation rewards received from their delegation. If you do not wish to be tagged, please drop a comment in our report stating so and we will be happy to add you to our no tag list for future reports.

Dividends

Forty percent of curation earnings are paid out as dividends to LOLZ Headliners (holders of 512 or more LOLZ) on a pro-rated basis weekly. Currently, dividends are paid out for two tokens per day, such that all pool rewards are paid out once per week.

The dividends are divided among all Headliners (those holding 512 or more LOLZ) on a pro-rated basis. The share for each Headliner is calculated as their LOLZ holdings divided by the total LOLZ holdings for all Headliners.

About the LOLZ Project

LOLZ Project is an engagement project with the mission of spreading laughter and joy on the Hive blockchain. Hive users can use the !LOL or !LOLZ command in comments to share a clean joke and tip the author an $LOLZ token.

Help Support the LOLZ Project

Here are a few ways you can help the LOLZ Project.

• Use the !LOL and !LOLZ command often to tip fellow Hive authors.
• Upvote and re-Hive our posts. All rewards will be used to help cover server costs and increase curation value.
• Delegate Hive tokens and earn LOLZ Farming rewards.
• Follow @lolztoken and participate in our airdrops, contests, and giveaways.