LeoAds Payout Criteria
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Constructive criticism is taken into account in our decision-making process
The minimum activity required for LeoAds payout is randomized
Dedicating a few minutes of activity each month is enough to qualify for the payout
The activity threshold required will increase as the platform's activity grows
As a rough guideline: 1 blog post, 5 threads, a few votes, and you're good to go. However, this number is subject to change as the protocol deems fit.
Now, let's talk about LeoAds, our game-changing feature that rewards stakers for their investment and their activity on the platform. Here's the kicker: the minimum activity required for LeoAds payout is randomly determined, ensuring fairness and excitement for all users.
The amount of the payout will be directly related to the stake, but inactive stake will not get rewards from the LeoAds protocol. So in order to receive the corresponding payout, the stake holder has to be active in the platform.
As our platform flourishes and buzzes with activity, the activity threshold for LeoAds payout will naturally increase. It's a dynamic system that evolves with the community, ensuring everyone gets a fair slice of the pie.
Now, you might be wondering, "What exactly counts as activity?" Well, here's a rough guideline: 1 blog post, 5 threads, sprinkle in a few votes, and voila! You're on your way to reaping the rewards.
It's pretty easy, but not effortless, since we are promoting an ecosystem where participants help the platform grow, and the platform compensates users as a reward for that effort. The threshold is not fixed or known by anybody but the protocol because it’s not designed to reward the bare minimum.
But remember, these guidelines are as fluid as the tides. As our protocol adapts and grows, so too may the criteria for earning.
Posted Using InLeo Alpha
Aren't you considering implementing a trier-based rewarding system for LeoAds? The more people do on the platform, the more they get from the ads? Say 1 post, 5 threads and 20 votes is a bare minimum for 50% of the maximum payout, 3 posts, 25 threads and 100 votes a threshold for 70% payout and so on?
Implementing tiers for LeoAds is a really interesting idea. We have it right now for @leo.voter HIVE POWER delegators (it was just released about 2 weeks ago, and we've been refining the backend for it)
I think a Tier system for LeoAds could be in the cards for the future. For now, there is just a minimum bar of required activity. We could add more bars and that would give us the tiers - like you said here in your comment. A system like that can be built off the back of what we did for @leo.voter.
I'll have to think on it more, but I generally like the idea. More activity + more LEO POWER = more LeoAds Payouts
The thing would be to keep people aware of the rules so everybody finds it fair. I understand the exact numbers are random, and that may make it a bit tricky when there would be 3-5 different triers. Also, I assume you would have to surpass all three thresholds to reach a higher trier - spreding thrice as much upvotes as required and posting a single article would not get you to the top one.
The rules are transparent but they are variable.
What people find unfair is that there is no exact number. People want to know that it is 3 threads per month that they have to make so they can do the bare minimum effort
This is not how LeoAds works. You are in competition against other users. If other users are more active in the month, then you need to be more active
By adding these variables we are being transparent that you must be active and reach a certain bar but we grade on a curve to prevent the lazy people who will game the system from simply doing the bare minimum
This is essential. Otherwise we just throw away money to people who don't care about the ecosystem. I want the people who care and show up daily to get paid
Happy to support and I have reupped for another month.
People doing that strictly for the rewards and not the development of the platform are going to give you the gears for not getting their rewards. Just gotta keep rolling, do better and make progress with innovation and stability. I think we should take into consideration the potential rewards but primarily funding this innovation.
Love the transparency and consistent direct communication with the community. Keep rolling Khal!
Really appreciate that Zeke! I hope more people adopt your mindset when it comes to Premium.
Our goal is that Premium does indeed pay for itself but it really does drive value into the whole ecosystem and allows our dev team to keep building relentlessly.
Happy to keep up the comms! I've been swamped out of my mind these past 2 years working on INLEO but the team is taking shape and a lot of workloads are being streamlined, allowing me to do things like comment here in my spare time!
You've always been a true 🦁, I appreciate you!
In my opinion, there should be no compulsion to use InLeo, but InLeo should be made something that everyone wants to use every day.
InLeo has improved since the last update, but before that I was constantly getting bugs.
Has it stayed with the 200 views? That's also far too high.
In my post from yesterday, I wrote quite a bit about this.
That delegators are now also subject to a constraint. What if someone gets sick, is hospitalized and can't use InLeo at all? He still does good for InLeo through delegation and his old contributions...
Translated with DeepL.com (free version)