Weekly WIT Airdrop

in Worldbuilding6 months ago

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January 11th, 2022 Payout Complete!

This week, five new investors joined our team, and 16 increased the size of their delegation. Our total delegations now stand at 1,605,187 CCC from 112 delegators.

One investor, @stickupboys, crossed the 10,000 delegation threshold to begin receiving our new payout trifecta: CCC and WIT for their @cccf delegation, and a second CCC payout for their staked WIT.

Your weekly WIT payout was a few days late, but it is now out and in your accounts. Apologies for the delayed drop, I have been under the weather lately and haven't had the energy to look at the pc. As you can tell by this spartan newsletter.

One more thing to remember!

If you are delegating 10,000 CCC to @cccf AND staking your WIT, you will receive a second CCC payout.

That's right! If you meet the thresholds you will see your weekly payouts of CCC double!

Stay tuned for more information regarding future announcements, contest and other various things we have brewing.

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Hey, @worldbuilder, thanks for keeping us in the loop ;)

Is there a deadline for this: "If you are delegating 10,000 CCC to @cccf AND staking your WIT, you will receive a second CCC payout."
Let's say, I am currently 1/3 there :D

P.S. Thanks a lot for the WIT airdrop :)

Nope, no deadline, this is an ongoing thing that will continue for a long time, so you will be eligible once you meet the 10k CCC threshold! :D

Awesome! Thank you for the prompt response!

If you are delegating 10,000 CCC to @cccf AND staking your WIT, you will receive a second CCC payout.

That's right! If you meet the thresholds you will see your weekly payouts of CCC double!

In fact, one will receive more CCC if he/she stakes more WIT. For example, I had around 400K WIT stake on that time I received 1992CCC instead of 1554CCC. Considering WIT's very low price point, it is a great incentive and I think it should be highlighted more.

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https://www.creativecoin.live/hive-179541/@cccf/creative-coin-fund-investor-report-r5jglf

Thanks for the update and looking forward to the future developments.

You are correct @theia7! The WIT payout is calculated separately from the CCC delegation payout. 1 staked WIT = 1 CCC x .28 / 52 = 28 percent APR paid in CCC for each staked WIT, if you delegate at least 10,000 CCC to the Creative Coin Fund.

My goal is to get there too ;)
What's the formula for under 10k CCC delegation, please?

At 28% APR, 10K CCC x 28% / 52 = around 54 CCC per week

Thank you! Actually my question was is there a difference if less than 10k are delegated? ;)

I think if you invest less than 10K CCC, you will receive only reward for CCC at 28% APR rate (as the same rate) but no reward for WIT staking. CCC reward for WIT staking will only kick off at 10K CCC.

Thank you for confirming it!

Awesome just keep coming...keep up the good work!

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This has been an awesome experience, so far! Already at over 74,000 WIT... and counting.

=^..^=