Ladies of Hive (LOH) tokens are part of the Ladies of Hive community on the Hive blockchain. The community focuses on empowering and encouraging female voices on Hive by supporting, uplifting, and learning from one another.
The LOH tokens, also known as LADY tokens, were created to reward members for their contributions to the Ladies of Hive community.
LOH tokens can be acquired through various means.
The primary way that members can earn LOH tokens is by posting articles in the Ladies of Hive community, or using the #ladiesofhive tag on the first five of an article, or participating in contests, and engaging with the community.
Most users stake their LOH tokens
and call on the LadyToken bot by using !LADY in a comment. This allows them to give away small amounts of LOH tokens to others while also earning tokens themselves.
The number of staked LOH tokens will determine the frequency of !LADY calls one can make. The more LOH tokens you stake, the more frequently you can use the !LADY command to share LOH tokens.
| Number of Token | Calls per day |
|---|---|
| 25 - 50 | 1 |
| 51 - 75 | 2 |
| 76 - 100 | 3 |
| 101 - 250 | 4 |
| 251 - 500 | 5 |
| 501 - 750 | 6 |
| 751 - 1000 | 7 |
| 1001 - 1250 | 8 |
| 1251 - 1500 | 9 |
| 1501 - 2500 | 10 |
| 2501 - 3500 | 11 |
| 3501 - 4500 | 12 |
| 4501 - 5500 | 13 |
| 5501 - 6500 | 14 |
| 6501 - 7500 | 15 |
| 7501 - 8500 | 16 |
| 8505 - 9500 | 17 |
| 9501 - 10500 | 18 |
| 10501 - 11500 | 19 |
| 11501 - 20000 | 20 |
| 20001 - 30000 | 25 |
| 30001 - 40000 | 30 |
| 40001 - 50000 | 35 |
| 50001 - 60000 | 40 |
| 60001 - and above | 50 |
That's right! The frequency of !LADY calls you can make is indeed determined by the number of staked LOH tokens.
Staking LOH tokens not only allows you to make more frequent !LADY calls but also rewards you with additional tokens. It's a win-win situation where you can support others and grow your token holdings simultaneously.
Another huge advantage of stacking the LOH tokens is you earn Daily LOH Token Rewards.
Daily dividends will be given to all who have staked their tokens at 0.005 x number of LOH tokens staked.
Staking allows you to earn a steady stream of passive income through Daily LOH Token Rewards. It's a great way to put your assets to work and benefit from the growth of the ecosystem.
Staking tokens is a process where you lock up your LOH tokens in your wallet to support the operations of Ladies of Hive.
By doing this, you contribute to the Ladies of Hive security, stability, and overall functionality. In return for your support, you earn rewards in the form of additional tokens. Here's a more detailed breakdown:
Advantages of Staking LOH Tokens:
Passive Income: By staking your LOH tokens, you earn daily dividends based on the number of tokens you've staked. For example, if you have 1,000 LOH tokens staked, you would earn a daily dividend of 0.005 x 1,000 = 5 LOH tokens.
Ecosystem Growth: As more people stake their tokens, the value and stability of the LOH ecosystem improve, benefiting all participants.
Long-term Gains: Besides daily dividends, staking can also lead to long-term gains as the value of LOH tokens may increase over time.
How Staking Works
Stake Your Tokens: Lock your tokens in your wallet. This process might involve a few clicks or commands.
Earn Rewards: Once your tokens are staked, you'll start earning daily dividends. The rewards are calculated based on the formula 0.005 x number of LOH tokens staked.
Unstaking: If you decide to unstake your tokens, there is a waiting period before you can withdraw them. This period varies depending on the blockchain network's rules. In the case of Ladies of Hive, the cooldown is 40 days in 4 transactions.
Example Calculation: Let's say you stake 10,000 LOH tokens:
Daily Dividend: 0.005 x 10,000 = 50 LOH tokens per day
Monthly Dividend (approx.): 50 x 30 = 1,500 LOH tokens
Annual Dividend (approx.): 50 x 365 = 18,250 LOH tokens
Strategies for Staking
Reinvestment: Use your earned dividends to stake more tokens and increase your rewards.
Stay Updated: Keep an eye on network updates and staking options to maximize your returns.
Staking is a powerful way to make your LOH tokens work for you while contributing to the Ladies of Hive success.
If you have any specific questions about staking, or if is there a particular aspect you'd like to explore further, do not hesitate to reach out to @silversaver888, or @thekittygirl, or any of the moderators. 😄
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