74 steem payout for SPI crew (awaiting the new hive token naming) Need to have a talk about these minimum levels...

in neoxian •  7 months ago 

Well, it is a mixed month. We smashed the old record of by doing 24645 NEOXAG in curation rewards, but the Steem Payouts are reduced, due to the pump in steem prices and perhaps the Hive change-over. I sent the NEOXAG to the UNDY ACCOUNT (which will pay the Steem to SPINVEST, then SPINVEST Sends SPI to the Spinvest-Neo account LOL!!!) Long story short, we earned 74 Steem which will be dished out proportionally to all DELI-Gators over 100 NEOXAG. Deli below 100 does not get a payout, per prior stated rules of the last couple of months. Anything under .01 not awarded either, SPI or HPI or whatever we call it now is awarded to 2 decimal places.

SPIN-Neo Official Logo.png

I'm going to do the payouts math and perhaps assign a new minimum level, because right now it looks like anything under about 1000 neoxag DELI is a total waste of time. I know we started this and allowed small accounts but the side-chain price drops are just getting ridiculous!

I for one am not into spreading 'dust' and the joining rewards phase is long past. Many of the early joiners have still not earned anyway near the reward the got for joining.

This is all fine by me, but I had hoped we would be in a better position with the NEOXAG token versus Steem and Hive. Law of Unintended Consequences is in Full Effect right now! 👽

I don't want people to feel like they should leave, but right now is a great time to spend a little HIVE or STEEM and buy more NeoxAG cuz it is really CHEAP!

CHEAP

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OK I figured out what to do about the smaller accounts, and...

THEY WILL BE PAID IN NEOXAG AND ENCOURAGED TO DELEGATE THAT TO THE @SPINVEST-NEO ACCOUNT UNTIL THEY REACH LEVEL OF EARNING HPI OR SPI...

or whatever it ends up being called!

😅

Dunno why I was making this so hard!
Pretty Simple solution, if you ask me...