Image of Article Payment #13 Completed

Payment #13 Completed


Published on 24-Aug-2018

waveslease.com is a small node  that pays regularly. You can check payments proofs on the blockchain as well on our blog. Please lease to our node to improve WAVES network decentralization. 

Payment sent

waveslease.com has just sent Payment #13 to lessors for blocks from 1124879 to 1141007. In this payment period the node mined 83 blocks and distributed a total of 1415.45 MRT (Miner Rewards) and  7.32 WAVES.             

Proof of payments: https://wavesexplorer.com/address/3PGfXB5bEz7EkbtGMNUYop5aior5X6bUbvL

Payment #14 will be sent on 31st August.

Change of payment frequency

Waves Lease node is currently paying biweekly. Waves Lease node will start paying weekly.

Distribution of Waves Lease Loyalty Token (WLLT)

Waves Lease Node recently created 1.000.000 of Waves Lease Loyalty Token (WLLT).

No. Of token Issuance

1.000.000

ID

CM8J4Z9HW3MdKgTxrpf3WYauXfjdu1zZKg19AGTicEYe

Decimals

5

Name

Waves Lease Loyalty Token

Reissuable

No

Waves Lease Loyalty Token (WLLT) is a token that represents lessors loyalty to the node: a lessor will earn more WLLT tokens the longer leases its WAVES to the node and the more WAVES he leases:

Quantity of WLLT = f(WAVESLEASED, time)

A first distribution of 10 WLLT Token will happen for each forged block to their lessor (depending to the share of leased waves) from 25th September 2018 to 31st December of 2018.

Received WLLT per Block = 10 * WAVESLEASED / TOTALWAVESLEASED

Example

WLLT distributed for each forged block to lessors:

 

Lessor 1

Lessor 2

Lessor 3

Lessor 4

Lessor 5

Lessor 6

Totals

Leased WAVES % on total amount

1%

10%

15%

20%

50%

4%

100%

WLLT sent per block

0.1

1

1.5

2

5

0.4

10

 

Advantages given by WLLT token to its owners

The node will change his MRT dividends policy soon, rewarding more loyal lessors as follows:

WAVES

10% for node, 90% for lessors at payment time

MRT

10% for node, 70% for lessors at payment time, 20% to lessors that owns WLLT

Asset

Node

Dividends distributed to lessors at payment time

Dividends distributed to Lessors with WLLT

WAVES

10%

90% (1)

-

MRT

10%

70%              

20%

(1) Lessors with Promo 100% for life will receive 100% dividends of WAVES Fees.