#AliveAndThriving: Brofi Shuts Down - ALIVE Staking Rewards In BRO Not Affected

in We Are Alive Tribe2 years ago

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In this video I talk about that Brofi has shut down due to their code not working anymore, and that staking rewards to ALIVE stakeholders in BRO tokens are not affected, plus also some plans ahead as well, enjoy!


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Graphic made in Desygner, photo by Erik Gustafsson.

Hi there and welcome to my vlog, my name is Erik Gustafsson and I go by the handle @flaxz.


#AliveAndThriving: Brofi Shuts Down - ALIVE Staking Rewards In BRO Not Affected

So yesterday @raymondspeaks who is the owner of the BRO token and who also runs Brofi announced that Brofi has shut down, see screenshot from their Discord below.

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Screenshot

This does not affect the BRO token, just the ability to earn BRO by delegating tokens to @brofi, so if you have any tokens delegated you might want to undelegate, or maybe wait a few days and see if it goes back up and then undelegate if it does not.

This does also not affect the 0.43 BRO that we pay out in staking rewards to ALIVE stakeholders each day.

We have been earning a small amount of BRO from Brofi on @aliveprojects, but it was only marginal in relation to what we have paid out.

So the 0.43 BRO and the 5 PGM tokens that we are currently paying out to ALIVE stakeholders will just continue as is.

Planning Ahead

I am currently working on updating the payout script that I am using to pay out these rewards, and as we have over 2300 ALIVE stakeholders that means more than 4600 transactions each day on @youarealive, which takes quite a bit of resource credits to do.

With this update I also hope to reduce the amount of Resource Credits that we need to do these payouts, and if that is enough to add one more token to our payouts then we will do so, but that is all details about it for now.

I hope to have the updated script ready later today, and if not then tomorrow, and once we have run a full payout we also know exactly how much Resource Credits we are saving with this, and if we can add one more token to the list.

Enjoy Watching The Video!

Thank You!

Thank you very much for watching my video, leave your thoughts in the comments below, and ...

Stay Awesome!

Sincerely,
Erik Gustafsson

My profile on We Are Alive And Social

This is my own personal opinion, do your own research before investing, and seek legal counsel if uncertain.


Credits For Music

Royalty Free Music from Bensound, track Hey!


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!ALIVE


Thank you for posting videos in our Hive Community, and check out the Alive Engagement Contest to win 200 Hive Power and 1000 Alive Power for 4 weeks, every day.

@flaxz! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @iamalivechalleng. (8/30)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.

I got spooked when I saw it and dumped most of my BRO tokens. I regret this now, but at least I have a goal again to build the BRO back up. I removed my delegations, so now I have a pretty powerful NEOX and LEO vote again

Well, maybe prices will go down a bit as Brofi is no longer buying, other than that BRO is just as before while Brofi is gone, and make sure to adjust your vote weight multipliers for your newfound stake.

!ALIVE
!BBH

@flaxz I just realized that @alive.chat can tip !CTP with it's stake once it is returned from brofi

Great news.

@ironshield! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @flaxz. (10/20)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.

Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

Thanks for keeping us informed. I thought the BRO token was lost but didn't realise its just the BROFI project.

Yeah the BRO token is fine, Brofi was buying BRO though so maybe it will have some impact on the price, but nothing else.

!ALIVE
!BBH

@mypathtofire! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @flaxz. (13/20)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.

Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

Sorry to hear that the BRO token earnings from delegation is broken but I am glad that did not impact the Alive BRO awards. Take care.

!ALIVE

Yeah a bit sad, but all other is well, and might even get better.

!ALIVE
!BBH

@darmst5339! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @flaxz. (11/20)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.

@flaxz! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @darmst5339. (1/20)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.

Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

Thanks for the update @flaxz about this, hope the new script works out my friend have the best day 😎
!ALIVE
I will be including this content on the @heartbeatonhive curation collection

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Thanks a lot Ben, and yes I am still working on it, some offline stuff came in the way.

!ALIVE
!BBH

It happens mate, hope everything is OK have the best day @flaxz !ALIVE 😎

@flaxz! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @heartbeatonhive. (11/20)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.

@heartbeatonhive! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @flaxz. (12/20)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.

@flaxz! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @heartbeatonhive. (13/20)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.

Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work


The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.

Thank you.

!ALIVE