Validator Records | 9, Oct, 2021

I didn't want to write it. But I also think that if I write 6 months at a time after 6 months, I will definitely have a headache. Or obediently write once every 2 months. I have disclosed the specific income and expenses on the Google Sheet , and I also wrote the method I intend to use. Below is the summary.

September and October use summary

• 166 LIKE was supported 34 times for 28 creators. 1666 LIKE supported 3 times for 3 creators. The two combined used 10,642 LIKEs.
• I bought products from two creators and purchased services from one creator, and spent a total of 786 LIKE.
• The Matters Gold Motor Fund has supported it twice, each with 1,000 LIKEs.
• The cost of the validator node cost 6,185.10 LIKE in September + October, and the legal currency is 194.64USD.

experience and follow-up

On September 22, I began to receive the commission from the community fund. At the beginning, there were 15 million LIKEs, and then it gradually decreased. Now there are 5 million LIKEs left. However, because the total number of entrustments is now reduced from 70% to 50%, the annual interest rate has also been raised by half. What should I do if I go up and down like this, I also have a headache during the period, and how to make up for the lost income? But after thinking about it, there is no need for many LIKEs, and there is only one fixed item that needs to be spent, which is used to pay for the expenditure of the validator node. It is better to do as many things as you have as many LIKEs.

In terms of node cost, the configuration of nodes was originally increased in October, and the cost increased by half. However, because the value of LIKE has almost doubled, the amount of LIKE received has decreased from more than 4,000 to more than 2,000. I still want to keep the cost down while maintaining the current performance, and the money should be spent where it makes sense.

The rest of the revenue will be used first to support one creator 166 LIKE every day, the second priority is to support Matters, and then the second is to support 1666 LIKE. If there are many, keep 1666 LIKE.

When purchasing products and services, we will try our best to participate and use up 10% of the quota. If it is not used up, it will be allocated to the next month. The total amount does not exceed the set 10%. I have an idea. Recently, many creators have started to trade with LIKE. I hope that this direct LIKE transaction method will continue to increase. My original imagination of LikeCoin is a community currency. In addition to earning LIKE through creation, creators can also use LIKE with each other in the community. By the way Increase the circulation mode of LIKE. I'm looking forward to having breakfast shops, bookstores, and coffee shops that can pay directly with LikeCoin. These creators who are willing to spend LIKE directly have made great contributions to the community, especially when the value of LIKE is almost doubled.

Finally, let me mention that I have disclosed the specific income and expenses on the Google Sheet . If you have any comments, you can leave a message.

I'm John Shao, thank you for being here. If you want to know more about me and want to support me, please see this article !