FreeCompliments Community - HSBI Rewards May Be Difficult To Continue!

freecompliments in FreeCompliments • yesterday

Due to the recent increase in $HIVE's price, it may prove rather difficult to continue HSBI rewards for posts in the FreeCompliments Community. Each unit of HSBI is now more expensive than before; the rewards for posts, in dollar amount, do not yet reflect the increase in Hive's price. In other words, the HIVE rewards for the same votes (at a higher fiat valuation) are a little bit lower than before. This is the primary factor that may make it more difficult to continue giving out HSBI.

I'm currently trading HIVE/HBD quite a bit, and will attempt to hold out HBD to purchase more HIVE when its price drops - assuming that it drops. If this should happen, then it'll be more likely to continue the rewards. If not, then I'd only continue to rewards until we run out of HSBI.

Additionally, if the HIVE rewards from our daily posts end up similar to how we were previously running, then we'll also be in good shape to continue.

For the time being, the rewards will continue. Should we be unable to continue at any point moving forward, I'll make a formal announcement, and I'll use my own personal earnings to make whole everyone that is promised HSBI rewards.

I've considered some contingency plans: in such a situation, we may change the reward system to something more affordable (i.e. 2nd layer tokens / Ecency Points / promotions only), possibly temporarily (i.e. a few days or weeks at a time), or in the worst case scenario, permanently.

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#freecompliments #inleo #neoxian #pimp #hive-engine #cent #pob #waivio #aliveandthriving

yesterday in FreeCompliments by freecompliments

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freecompliments yesterday

Dear Community, this is an update regarding our HSBI rewards and possible contingency plans in case we're unable to continue rewarding them. Please let me know what you think!

Note that, for now, these are the only rewards we're running in the community, with no current plans to revive the other rewards that we had in the past.

^{^{^{@winanda @contestbox @faithgifty34 @akfamous @sanderson22 @jeanflower @quirkee @steemflow @everlyalliance @eduntemidayo66 @guuh @adatilda @sijuk @chibas.arkanghil @revolverocelotyt @mbracho @sonaker @ieronimus @kalib @yirkahr @briansssolo @beckyonweb @liawol @circlebubble @yummycruz1 @ph1102 @hafizaftab @ellaturb @alejaq @massivevibration @fightinclub @irfanm @amarettafresca @aye2001 @captaincryptic @win.hive @bitterirony @germanbava1 @qumao @dorimarval @thisismylife @rajaacheneis @josua1 @sonofgrace @sanwalniazi007 @careassaktart @haastrecht @anna.kathaxrina @vikbuddy @sairanaaz @nism @iyanpol12 @gregscloud @btclover01 @wikki4post @kam5iz @enricoe037 @ortegao @owasco @alvarogolo @udyphils @bsalvinos @mrenglish @be-connected @ibbtammy @philnews.xyz @gery88 @javedjaved @foysalc00l @germanbava @germanbava1 @callion @kampi @c3r34lk1ll3r @enamouredsoul @hopestylist @bluestack @cyboule @ashishgu @converter.bonus @boeltermc @dodovietnam @sheikhshaon @solides @takhar @fexonice @bastelwastel @jazclassic @anonim1 @ifeoluwaalexis @gardenofcarmen @entertainz @irvet @chidex52 @rabia786 @gloreal @vladlau89 @dzoji @absurdanipal @carlosramirez @saqlain007 @curatorcat.leo @elianaicgomes @sadiabibi @madilyn02 @maggotmilk @sandrabastos @medicalroute @starbork @aadilmir @alkirua @liquidocelotytt @somospcd @preciousjewel1 @vaynard86 @lasort @beeeee @mato712 @enkimaster @hunter.nxi @the13anarchist @yousuf68 @pulubengdugs @shiftrox @tanujaroy @germanandradeg @yiliandelgadoo @mirthepotato @peterock @suteru @dewabrata @opsin @timothyleecress @jane203 @alessandrawhite @ashiru @rimurutempest @captainman @djandre @phanty @mendoliliana @zpek @vrezion @edith-4angelseu @yelimarin @eneayi @samiwrites @treysonmike @denissemata @sudeon @agreste @servelle @ijeomastories @bukkyj @hellsveiah @keithtaylor @rulivyxo @tejidorosa @nexo.voter @mrmiyagi @fjworld @rqr4 @julie808 @sehrish-nosheen @bulliontools @lilla365 @untilwelearn @meraki7578 @lisamgentile1961 @ybf @alejandro1799 @magnacarta @floruth @morwhale @maryene @alohaed @saachi @vrezyy @philings @silarai @aezielove @devoice @mdaminulislam @chukwu10 @dooh92 @netlyn19 @metapiziks @javedkhan1989 @lfu-radio @darasimi @jeclyn60 @beauty197 @eniolw @artgirl @dreloop07 @peniel2010 @iam-siki @gregscloud @lia-velmont @antony02 @ijeomastories @brighto15g @deisip67 @diegoloco @hdmed @diosarich @joycy @oadissin @willythewhale @emotak @charlie-chain @makorirobinson @fiveat @oasiskp2 @mathewdaddywah @sonofluna @odogwuego @cjmorillo @sinaimndz @elfranklin @kopiko-blanca @arlenec2021 @rzc24-nftbbg @shemzy @graciel-chan @moclassic @prasiatko @kennymiracle @chm-writes @john0928 @giveandburn @shahwaleed86 @temidayo-bar @andestethic @sayury @edver143 @aminul101 @alfjo1 @ldylilith69 @joydukeson @untilwelearn @charliechain @travelflower @edeyglezsosa @boredoneeesan @imohmitchel @gyakan1999 @ijebest @mintfinch @yusufopeyemi @lorylol @susielynn @d-a-d @usagidee @yoslehz @victor-praise @queena-242 @goldielove @dwayne16 @allama @koto-art @scentsgalore @mily23m @treasuree @fractoli @gabrielgetta20 @egarysv @franciawrites @ebohehi @pazartesi @harbeegail @samueluche07 @kemmyb @felixfrancis @picna001 @liyuxiexie @big2 @kelvvyn @cryptounicorn420 @youngladpaul365 @mimismartypants @estelacha @piini123 @ruffatotmeee @lydiapauline @jenthoughts @jaynie @elderdark @stekene @city-of-dresden @omojuwa007 @pounce3087 @tife23 @wemah @zoemacsimeon @wrestlingdesires @tydynrain @henrietta27 @chrislybear @timehacker @uzoma24 @legendwushu @freakshow90 @pravesh0 @josephsavage @tonybad @naidu24j @peachyprincess @davot @amiegeoffrey @valeryc @joseal2020 @rosmiapure @elgeorge23 @spoonies @saleembk @mell79 @didiyilji @wongi.leo @resiliencia @avatara @ckole @huntersmoon @jhymie @synergized @nanixxx @splash-of-angs63 @caleb-marvel @peacious @grantprof001 @daddydog @dwixer @chris-chris92 @kiara-jones @denmarkguy @yolimarag @beckyroyal @hopepascal @tengolotodo.leo @wongi @goingcrossroads @noctury @goodysam @ghua @fariha-faraz @starking7272 @manclar @the01crow @wealthwess @creacioneslelys @dayadam @acgalarza @liberius-1 @pepetoken @yoieuqudniram @anontechtube @olubunmiakinmade @fantagira @b0s @beluhan19 @imransoudagar @wendyth16 @bluekinabalu @earn.and.grow @olujose6 @dynamicrypto @zahidsun @peckypeace @lightpen @iamjadeline @freedomprepper @abfarhan @yadamaniart @bigtakosensei @mammasitta @ozd @juva @fonestreet @modallas @balikis95 @blurtbuyback @theindiantrader @thebighigg @littlebee4 @chaosmagic23 @tokutaro22 @evih @olgavita @rkploy786 @no-advice @agbogo @fantagira7 @chillpill @born2rock @aquamarine @animaya @kingsleyy @kraken99 @mr-chuks @actioncats @nbarrios67 @tonyes @almostpeter @alphaleo @alanapan89 @fredaig @ifarmgirl @moeenali @thetimetravelerz @ikankaruk88 @tengolotodo @saggi07 @diodao @monica-ene @yeckingo1 @digi-me @whitneyalexx @mcoinz79 @city-of-berlin @george-dee @memess @atma.love @itsme9001 @beelove @ziabutt3836 @neilamarcano @caspermoeller89 @nony @kahkashan @beeber @avril.fortuin @mikezillo @pandamama @zakludick @lizelle @jfang003 @dailyspam @stickupboys @florakese @laurapalmerr @djynn @akipponn @bhattg @dbooster @pinkchic @christinepoulos @ecoinstant @arcgspy @ismartboy @mariela53 @mviews @crazyphantombr @sperosamuel15 @ugomarcel @razzi11 @liquidocelot @jjmusa2004 @preparedwombat @susurrodmisterio @imacryptogeek @funshee @whitelightxpress @almajandra @go-kyo @itwithsm @marilour @momogrow @lividvoice @hiveborgminer @lucia24 @summertooth @paulyoung1 @lifesadvice @sahidclement10 @caelum1infernum @elisaday7 @woodathegsd @katiej @smc.arike.oba @romanie @hive-197626 @luchyl @teknon @headwan @chairoul @lorennys @fizz0 @tikki00taffi @lady-bellar @uthantzin @melinda010100 @saffisara @ndk.focus @raj808 @ganjafarmer @stdd @deraaa @eddylight @sequentialvibe @blacardi @ijelady @corvidae @bambukah @stayten @thekittygirl @wesphilbin}}}

^{(If you were tagged, it’s because you’re an inaugural member – please let me know if you don’t want to be tagged and I’ll stop, pronto!)}

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9 votes

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caelum1infernum yesterday (edited)

Thanks for the update! I understand the challenges that come with fluctuations in HIVE's price and appreciate your transparency in communicating this. It’s great to hear that you have contingency plans in place to ensure the continuity of rewards. If you do need to adjust the reward system in the future, I’m sure the community will appreciate the effort to keep things fair and sustainable.

You can always stop the reward for a month or two until everything goes back to normal

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alohaed yesterday

Has there been any consideration of developing a compliments token? That may seem counterintuitive given the name of the group, but it may make sense.

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freecompliments yesterday

Funny, that idea was brought up nearly 2 years ago when I started this community. It's too much of a time commitment to maintain a token and adjust its tokenomics. I also wouldn't expect someone to work on this for free. Finally, and most importantly, I wanted this all to be based directly on Hive, and not add new gimmicks to the project (only existing gimmicks which I trusted lol).

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1 vote

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fjworld yesterday

Thank you for the update.

I'm having a #TooFuckeh !MEME of a #FUN time.
May Positive pepEntropy be with you.

!LOLZ
!LUV
!CENT

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luvshares yesterday

Made with LUV by crrdlx

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fjworld yesterday

!HBIT

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hivebits yesterday

Success! @fjworld_(4/1) You mined .9 HBIT and the user you replied to received .1 HBIT on your behalf. 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 a BLAQ pearl (BLAQ) as a bonus treasure token!

There is a treasure chest of bitcoin sats hidden in Wusang: Isle of Blaq. Happy treasure hunting! 😃

You can see your random number generated in the Discord server, #hbit-wusang-log channel. Check for bonus treasure tokens by entering your username at a block explorer explorer A, explorer B, or take a look at your wallet. Read about Hivebits (HBIT) or read the story of Wusang: Isle of Blaq.

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lolzbot yesterday

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I want someone who can set my world on fire!
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(3/10)
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meme.bot yesterday

Credit: pepe-cash
Earn Crypto for your Memes @ HiveMe.me!

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daddydog yesterday

now what rewards are active?

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freecompliments yesterday

For now, HSBI is still active

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irvet yesterday

!lolz

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lolzbot yesterday

lolztoken.com

Why did the scarecrow win an Oscar ?
He was best in his field .
_{Credit: reddit}
@freecompliments, I sent you an $LOLZ on behalf of irvet

(1/6)

PLAY & EARN $DOOM

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fonestreet yesterday

Lets go !DOOK !LUV

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luvshares yesterday

Made with LUV by crrdlx

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dookbot (1) yesterday

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Reveal Comment

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luchyl 22 hours ago

This is very understandable, we all know what's happening with Hive now. It's good everyone is aware so we don't expect much.

!BBH

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bbhbot 22 hours ago

@freecompliments! @luchyl likes your content! so I just sent 1 BBH to your account on behalf of @luchyl. _(1/20)

(html comment removed: )

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thebighigg 15 hours ago

It's nice to offer rewards when it's self sustaining, but there's always a limit. That's why I only post in FC maybe once a week, and let those rewards get spread around!

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josephsavage yesterday (edited)

One of the implications of Hive SBI pending balances accruing for members until they post is that... whenever there is a HIVE pump, inactive members come out of the woodwork and start posting again, drawing down their pending balances and putting pressure on the VP, which results in Hive SBI vote values lagging the HIVE pump. (The 7 day lag in curation rewards also has an impact.) It should stabilize soon after HIVE price stabilizes (hopefully at a new 'normal' in the current range and not back in the 0.40's again.)

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2 votes

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crazyphantombr 14 hours ago

Thanks for the valuable explanation!

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1 vote

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freecompliments yesterday

Indeed, I did notice that SBI's votes (in terms of HBD) were lagging a little bit so far. An expected effect, especially with the larger accounts drawing out the maximum rewards. We'll see how it goes, but for the moment, we're certainly covered.

... Unless we suddenly get influxes of several dozen posts per day!

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1 vote

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servelle 20 hours ago

You've done a lot with HSBI rewards, not just for the freecompliments community but for the entire Hive community, as these units are not resellable and they reinforce motivation to post and loyalty. Indeed, if you don't post, HSBIs are useless.
Thank you for this, a pause or a decrease in distribution is understandable, it wouldn't be reasonable for you to have to invest more personal money when Hive's share price is high.
!PIMP
!BBH
!LOLZ

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2 votes

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lolzbot 20 hours ago

lolztoken.com

The person who invented autocorrect
should burn in hello.
_{Credit: marshmellowman}
@freecompliments, I sent you an $LOLZ on behalf of servelle

(1/10)

PLAY & EARN $DOOM

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josephsavage 14 hours ago

They can be transferred on request, so there is a very thin resale market. (Mostly whales willing to provide a little liquidity to others.) It doesn't happen often.

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servelle 13 hours ago

Thanks for the precision and above all for managing HSBI so well. 👍

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1 vote

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dkid14 yesterday

awesome how many you have sponsored though. I’m glad you have such a big number of HSBI to reward the community later even if it’s in layer 2.

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1 vote

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freecompliments yesterday

Thousands have been rewarded so far, even when not accounting for the prior contests, jobs, etc.!

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ifarmgirl yesterday

Thanks for the update. I think it's okay to halt the HSBI rewards :)

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1 vote

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mviews yesterday (edited)

I sure think we've been able to build the community to a place where even if the community does get rewarded with hsbi they will still keep posting to the community. At this point, I think we should just focus on trying to make members delegate the community a community trail. That way we'll be able to build the community and help new accounts that are not getting the attention they deserve.

Just my two cents

Also, I sent you a message on Discord earlier…you can give me a response when you're free to do so.

Lastly thank you for keeping the community running all these while. I'm sure sooner or later we’ll build it to have a sustainable growth model that separates us from others

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freecompliments yesterday

Yes, I did reply to the message on Discord!

At one point I was building a model for rewards for delegating to @fc-curation. The problem is that this would take a lot of testing and require a time commitment that I can't quite maintain right now. Hiring someone to do that job would also be out of my budget unless we maintain a substantial net positive influx of $HIVE (which is harder at the moment due to the HSBI rewards).

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rqr4 yesterday

Thanks for the update. Will wait for the next announcement.

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tydynrain 21 hours ago

Thank you for the update, and the work that you've done for this community. Reward HSBI if it flows, and change when it doesn't. 😁🙏💚✨🤙

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bbhbot 20 hours ago

@freecompliments! @servelle likes your content! so I just sent 1 BBH to your account on behalf of @servelle. _(1/5)

(html comment removed: )

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crazyphantombr 14 hours ago

I believe the rewards system could be disabled for a while, until further evaluation.

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almajandra 5 hours ago

!LUV !LADY !HBIT

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ladytoken 5 hours ago

^{View or trade LOH tokens.}

@almajandra, you successfully shared 0.0100 LOH with @freecompliments and you earned 0.0100 LOH as tips. (1/4 calls)

Use !LADY command to share LOH! More details available in this post.

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luvshares 5 hours ago

Made with LUV by crrdlx

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hivebits 5 hours ago

Success! @almajandra_(4/1) You mined .9 HBIT and the user you replied to received .1 HBIT on your behalf. 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 a Blaq gold coin (BLAQGOLD) as a bonus treasure token!

There is a treasure chest of bitcoin sats hidden in Wusang: Isle of Blaq. Happy treasure hunting! 😃

You can see your random number generated in the Discord server, #hbit-wusang-log channel. Check for bonus treasure tokens by entering your username at a block explorer explorer A, explorer B, or take a look at your wallet. Read about Hivebits (HBIT) or read the story of Wusang: Isle of Blaq.

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