John Shao

Applying for community delegation and replenishing validator records | April-June, 2022

Jul 5, 2022

Come to apply for community commission, and by the way summarize the situation of the previous months.

foreword

Once again, the community entrusts the renewal, and by the way, it makes up for the content that was not summarized in April-June.

What have you done?

Revenue usage

I have posted the commissioned income and expenses on the Google Sheet . If you have any comments, you can leave a message. From February to June, a total of 336,117.57 LIKEs were used, which is much more than the previous cycle, mainly because of the sudden increase in the amount of delegation, and then the increase in delegation rewards. This amount is also probably the total commission for several months. Approximate usage:

February and March 2022 usage summary

166 LIKE was supported 263 times for 135 creators. 666 LIKE supported 1 time for 1 creator. 1666 LIKE was supported 16 times for 11 creators. The three items add up to 67,482.00 LIKE.
Purchased products or services from 2 creators for a total of 9,166.00 LIKE.
Matters supported it 5 times for a total of 5,000 LIKEs.
The cost of the validator node cost 9,314.28 LIKE in January and February, and the legal currency is 201.00 USD.
Support OCF Lab's weekly report 3 times with a total of 3,000 LIKEs
Event sponsorship 28,832.00 LIKE.

April, May, June 2022 usage summary

166 LIKE was supported 377 times for 124 creators. 666 LIKE supported 1 time for 1 creator. 1,666 LIKE supported 7 times for 4 creators. The three items combined cost 74,910 LIKEs.
Purchased products or services from 2 creators for a total of 5,888.00 LIKE.
The Matters Gold Motor Fund has supported 7 times with a total of 7,000.00 LIKE.
The cost of the validator node cost 61,059,29 LIKE per month, and the legal currency is 377.33 USD.
Event sponsorship 63,466.00 LIKE.

Because the commission volume has been maintained at a high level, there are many more LIKEs to support. At first, because Civic Liker was converted to 3.0, many people needed LIKE to do commissions, and they couldn't find a place to use it, so they have been maintaining the support on the shaker. But then someone asked me to sponsor an event, and it began to slowly switch to event sponsorship. If the entrustment decreases in the future, priority will be given to maintaining the event sponsorship. It is a pity that because of the sharp drop in the entire market, the price of LIKE has dropped a lot, resulting in an increase in the cost of the node. Recently, the node has been reset to reduce the space and performance. I believe that the cost of the machine can be reduced in the future. expenditure.

teaching

I have continued to help everyone on Discord and Liker.Social. Maybe because the market situation is very bad now, I feel that there are many fewer people than before.

community affairs

There are upgrades of participating chains, including testnets. Voting records for other motions:

plan later

🔁 continue

Maintain existing event sponsorships
Distribute the proceeds to outstanding creations.
Answer the questions of the creators, write articles to promote the knowledge of cryptocurrency, the mechanism and concept of Matters and LikeCoin, and summarize and share personal experience.
Participate in community affairs and activities.

🛑 Pause or do it in small amounts