Update SPORTS with Hive Engine Features

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(Edited)
account = "sports-gov"

nodelist = NodeList()
nodelist.update_nodes()
nodes = nodelist.get_nodes(hive=True)
hive = Hive(node=nodes)


def transfer_token(to, amount, symbol, memo, account):
    he_wallet = Wallet(account, blockchain_instance=hive)
    transfer_tx = he_wallet.transfer(to, amount, symbol, memo)
    time.sleep(1)
    c = Comment(loaded_post, steem_instance=hive)
    c.reply(str(transfer_tx), "stake_tx", account)


transfer_token("sportsprojects", 1, "SPORTS", "Power down SPORTS held in @sportsprojects then transfer 100,000,000 SPORTS to @patrickulrich; fund contracts or burn remaining stake", account)

!end

This is by far our biggest proposal request yet. Once approved it will update SPORTS to take advantage of nearly every feature available to Hive Engine tokens. This will include everything from new contracts for things like distribution and trading all the way to SPORTS NFTs! Let's break down what all I'm looking at changing with your approval.

image.png

The Proposal

There are a lot of new changes available for Hive Engine tokens that we have available to us. I would like to see us start taking advantage of these features. With this proposal I plan to upgrade our token, using the listed parameters, and pay all costs associated with the upgrade of SPORTS. In return I request a refund of SPORTS from the @sportsprojects account.

Update SPORTS to the SMT Contract

Hive Engine is moving away from the SCOT distribution model. By upgrading to the SMT contract we will keep SPORTS on the front of these changes. This will help to make SPORTS much more decentralized by moving away from SCOT bot and towards a contract run by Hive Engine witnesses.

Proposed Token Settings

I've kept most of the settings the same from our SCOT instance. The only changes I made was to add #sports and #hive-101690 to the approved tags.

Post Reward Curve: Power (r^a)

Post Reward Curve Parameter: 1
For 'power' curve, this is the exponent - 'a' of r^a. Use 1 for linear. Maximum 2 decimal precision.

Curation Reward Curve: Power (r^a)

Curation Reward Curve Parameter: 1
For 'power' curve, this is the exponent - 'a' of r^a. Use 1 for linear. Maximum 2 decimal precision.

Curation Reward Percentage: 50
What percentage of post reward should be allocated to curators. 

Cashout Window Days: 7
How long, in days, until a post is scheduled to pay out. Must be between 1 and 30.

Staked Reward Percentage: 50
What percentage of rewards should be given as staked. Should be between 0 and 100.

Reward Interval Seconds: 3
How often to add tokens to the reward pool.

Reward Per Interval: 80
How much to add to the reward pool every reward interval.

Vote Regeneration Days: 5
How long it takes to fully regenerate voting power from 0 to 100%.

Vote Power Consumption: 200
How much vote power is consumed at full voting power for a 100% vote.

Downvote Power Regeneration Days: 5
How long it takes to fully regenerate downvoting power from 0 to 100%.

Downvote Power Consumption: 1000
How much downvote power is consumed at full voting power for a 100% downvote.

Tags: #sports, #sportstalk, #hive-101690

Create a SPORTS Diesel Pool

Diesel Pools are Hive Engine's version of decentralized trading. These pools allow anyone to provide liquidity to a token pairing which allows other users to swap against that pairing. I will be purchasing a pool for SPORTS:SWAP.HIVE allowing anyone to trade SPORTS against Hive Engine's swap token for Hive.

Create Liquidity Rewards for Diesel Pool

Since there are no fees to trade on diesel pools we need a way to encourage users to provide liquidity for our pools. I would like to allocate 105,120,000 SPORTS tokens each year for liquidity providers to SPORTS:SWAP.HIVE.

Strategy Type: DieselPool
Select Fixed for predefined list of users, DieselPool for rewarding liquidity providers to the selected pool.

Number of Payments: 365
Number of times to distribute deposited tokens. Must be between 1 and 5555. Payments are distributed every 24 hours.

Token Pair: SPORTS:SWAP.HIVE
DieselPool liquidity pair for recipient determination.

Excluded Accounts: None
Optional. List of account names to be excluded from pool share calculation.

Create DAO Managed by Hive Engine Contract

Our tribe has strived to take governance seriously for a long time. We've already deployed solutions from ARCHON to take the vote on this proposal and manage funding in the past. This will take our governance to the next level by relying on a contract versus any single person.

In the past this our governance and funding has been done by allowing the ARCHON team to manage an account (@sports-gov) that holds assets for the tribe. Based on our voting they will send funds from that account based on our needs. This has been a great solution for decision making but leaves us trusting another tribe to support us.

Hive Engine has released a new contract that will allow us to have a decentralized contract manage our DAO. This means we can have the funds automatically stored in the contract without third party risk. This also makes it much simpler for users to request funds without needing to understand how to write the python needed to request funds from our current setup.

I confirmed that the contract for the DAO would be able to accept outside funds. With that in mind I am planning to take any remaining funds held in @sportsprojects and move them to the DAO as they were intended. This will give us quite a bit of runway to fund the account.

Payment Token: SPORTS
Token to be paid out to the ranked proposals. You have to be the issuer of the token.

Vote Token: SPORTS
Token to be used for determining stake-weighted rank. Selected token must have staking enabled.

Vote Threshold: 20
Minimum amount of stake required for proposal consideration.

Maximum Duration: 730
Maximum duration of any proposal. Must be between 1 and 730 days.

Maximum Amount Per Day: 280,000
Maximum amount of payment tokens a proposal can request

Do you want to require fee to create proposals?: Yes

Payment Method: Burn
Fee can be burned or sent to the fee payment token's issuer.

Fee Payment Token: SPORTS
Token to be used for paying creation fee.

Amount: 2500 SPORTS

Launch Outpost

One of the newest additions to the Hive Engine ecosystem is tribe outposts. These outposts look to replace tribe condensers and be a one stop home to all things associated with the tribe. We'll have a refreshed home that focuses on all of our new tools. Outposts have dedicated pages just for diesel pools and our Hive Engine DAO proposals all in the same stop. To see examples of other tribe's outposts check out CTPTalk, Palnet and Splintertalk.

Launch SPORTS NFT

The biggest feature of outposts is the ability for users to use SPORTS to launch their own NFTs! After getting whitelisted, you'll be able to go to SportsTalkSocial.com, burn some SPORTS and have your own NFT created on the Hive blockchain! There will be more about this feature in upcoming posts after its launched.

Continue Hosting Legacy SportsTalkSocial.com

I've confirmed with the Hive Engine team there will be no problem with keeping the existing site up and running. I will upgrade sportstalksocial.com to point to the new Outpost site and will point sportstalk.social to our legacy condenser site. I'm happy to keep the legacy site up and running as long as its code is supported and users are still stopping in.

The Costs

I am requesting 100,000,000 SPORTS to be sent to @patrickulrich from @sportsprojects.

How to Vote

@sports-gov will reply to this post with two comments. If you'd like to see this proposal pass then upvote the YES comment with any % upvote.

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If you would not like to see that these changes implemented then please upvote the NO comment with any % upvote.

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34 comments
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YES

Upvote here to support the proposal, any % upvote will trigger 100% GP support.
All rewards from this comment go to the governance fund

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NO

Upvote here to STOP the proposal, any % upvote will trigger 100% GP support.
All rewards from this comment go to the governance fund

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Sounds good. I have noticed that some of the tribes that moved to outposts have had some issues. In fact I haven't bothered visiting the CTP front-end in the past few days since I couldn't vote/comment properly. So I would at least not rush issues and maybe contact the other tribes to see if there are anything you need to consider.

Posted Using LeoFinance Beta

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I seen that there were issues with the comments contract but hadn't heard about CTP's issues yet. @jongolsen, have things gotten better since the rollout?

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I think you meant @jongolson. Maybe he can give you an idea of any issues to make the SPORTS change to outposts easier.

Posted Using LeoFinance Beta

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Whoops! I thought I even checked the right profile before posting that comment. I was definitely meaning @jongolson. :)

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This is a big yes !

Following what's going on in other tribes is a great Idea ! I'll try to have some share in the Liquidity pool !!

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That's awesome @ykretz.sports! In the future I would like to get the tribe's opinion on adding our advertising rewards to the Diesel pools to add swap.btc to what pays out. For now though I'd just like to get the new features set up and properly running before requesting to move those funds.

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Really interesting to read about these integrations and development coming to SPORTSTALK tribe via Hive-engine. It deserves all the supports and more. Reblogged.

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Thank you for all the support you bring @uyobong.sports! I think this will help keep us on an even playing ground with other tribes. Most importantly I think it adds many multiple layers of decentralization compared to our current setup.

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I have also reblogged. Its need more attention

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This comment is notification of a new proposal on SPORTS. If you've already voted thank you for taking the time to look over the proposal above. There's still about 48 hours left for voting on the proposal to update SPORTS with new Hive Engine features so you still have more time to get your vote in. To vote simply vote on this comment for yes or this comment for no.

As it stands there is currently only 21.35% of GP voting on this proposal. For a proposal to be considered valid it must have 51% of Governance Power (GP) voting either yes or no otherwise it will not meet quorum.

RankAccountGovernance PowerStakeVote
1@mk-sports-token / @mmmmkkkk3117.764165645053112% GP127702222.586No Vote
2@csport5.918184624124218% GP97340186.277No Vote
3@bluesniper5.536380229411094% GP91060404.002No Vote
4@uyobong.sports4.344443181043673% GP71455849.28Yes
5@edkarnie4.265599343011816% GP70159054.001Yes
6@razackpulo.sport3.927071652620991% GP64591071.497No Vote
7@ctime3.522185308150557% GP57931645.559No Vote
8@cryptoandsports3.4456468775034805% GP56672768.797Yes
9@airforce2.830389955990854% GP46553242.768No Vote
10@amr008.sports2.2212942254583314% GP36535053.807No Vote
11@toni.sports2.099314901212984% GP34528781.462No Vote
12@patrickulrich1.6565091469258724% GP27245670.619Yes
13@rezoanulv.sports / @RezoanulVibes1.5322387551013896% GP25201715.613No Vote
14@erikahfit1.4865950444760345% GP24450984.168No Vote
15@bozz.sports1.4329538598538942% GP23568713.128Yes
16@dfacademy-sports / @dfacademy1.2670175298480886% GP20839451.657No Vote
17@ctpsb1.1695392458273315% GP19236163.668No Vote
18@fitcoin1.0775277546780184% GP17722791.535No Vote
19@cruisin1.0204547427147543% GP16784075.025No Vote
20@yousaf-sports0.9604427171305836% GP15797018.669Yes
21@splines0.8692045586838846% GP14296366.036Yes
22@zahidsun0.818997270696357% GP13470574.501Yes
23@roger51200.8052327602562901% GP13244180.751No Vote
24@bcm.sport / @bcm0.8012756805647506% GP13179096.118No Vote
25@dalzphoto0.7976897829995592% GP13120116.556Yes
26@ph1102.sports0.7885770935699665% GP12970234.296Yes
27@botefarm.sport0.7124166976421524% GP11717575.314No Vote
28@steem.girl0.6628782613061391% GP10902784.812No Vote
29@pele230.6364399665744369% GP10467937.186No Vote
30@bulgaria-sports0.591963035853114% GP9736396.52No Vote
31@hykss.sports0.5709380348978963% GP9390584.816Yes
32@hivemachine0.535075522021774% GP8800731.017No Vote
33@voter0.5242136232689135% GP8622078.387No Vote
34@pjansen.cpt0.5199121679063573% GP8551329.586No Vote
35@ptaku0.4803398702895927% GP7900458.573No Vote
36@xak0.47922942818517716% GP7882194.418Yes
37@cedstruct0.4696759726761349% GP7725062.595No Vote
38@yohann0.4279291098892459% GP7038425.111No Vote
39@h770.41731031873951757% GP6863771.028No Vote
40@flipstar0.41484839105312976% GP6823278.121No Vote
41@automaton0.3771775085219959% GP6203680.904No Vote
42@lightsplasher0.375340886854962% GP6173472.807No Vote
43@cruis0.37510130541062175% GP6169532.257No Vote
44@fun.sports0.3625050249912026% GP5962353.137No Vote
45@edenparadise0.35971145610301664% GP5916405.514No Vote
46@brofi0.3519390649987738% GP5788568.002No Vote
47@tomlee.sports / @tomlee0.32904613472906064% GP5412033.264No Vote
48@blanchy.sports / @blanchy0.31434112982064816% GP5170170.597No Vote
49@actifit-peter / @peter20170.3125938629033854% GP5141432.175No Vote
50@devann.sports / @devann0.31240048029815626% GP5138251.487No Vote
51@salimbur0.2996706291879848% GP4928875.444No Vote
52@fural0.2959064215117901% GP4866963.101No Vote
53@adhammer0.2830888835504307% GP4656144.816Yes
54@manuvert0.2774831367852133% GP4563943.496No Vote
55@solairitas0.27493088794917164% GP4521965.019No Vote
56@irman0.27382148119068905% GP4503717.893No Vote
57@sbi-tokens0.2476676552475109% GP4073549.108No Vote
58@costanza.sports0.24569174675145647% GP4041050.071No Vote
59@scholaris.sports / @scholaris0.23971753654734987% GP3942788.396No Vote
60@alokkumar.sports / @alokkumar1210.23267704910866083% GP3826988.974No Vote
61@flaxz0.23182362079465477% GP3812952.09No Vote
62@talesfrmthecrypt0.22530353510247822% GP3705712.05No Vote
63@mcshayn0.2198084508820676% GP3615330.868No Vote
64@broncnutz0.21796464289648476% GP3585004.573No Vote
65@zainalbakri0.21245264792450602% GP3494345.249No Vote
66@sports.guy550.21156463878882745% GP3479739.592No Vote
67@cloudblade0.21010142680139093% GP3455673.204No Vote
68@stimp10240.2055322364160305% GP3380520.793No Vote
69@tbnfl4sun0.20204709675443214% GP3323198.461No Vote
70@ekushya0.2015766543251147% GP3315460.792No Vote
71@indosports0.1974616072553029% GP3247777.968No Vote
72@anicom0.1918513961421404% GP3155503.22No Vote
73@pouchon0.18974969606399616% GP3120935.208No Vote
74@sportfrei0.18746142979814087% GP3083298.622No Vote
75@beatsbema0.18405309542840936% GP3027239.556No Vote
76@cryptospa0.18400764745677556% GP3026492.044No Vote
77@jgb0.18347456486574995% GP3017724.092No Vote
78@jersteemit0.16740912287985507% GP2753485.442Yes
79@djsl820.16652853657078107% GP2739001.873No Vote
80@arsenal4life0.16304371792782887% GP2681684.821No Vote
81@moyse0.16239105376314503% GP2670950.034No Vote
82@kolawole0.16071975919164075% GP2643461.178No Vote
83@browery0.15950836578205768% GP2623536.612No Vote
84@limka0.15915513486032565% GP2617726.796No Vote
85@rosatravels0.15600564980239134% GP2565925.191No Vote
86@toufiq7770.15171055006183815% GP2495280.925No Vote
87@nurdinnakaturi0.15100328950209482% GP2483648.156No Vote
88@obrisgold10.14976845522585075% GP2463338.043No Vote
89@ireneblessing0.14825989959784042% GP2438525.859No Vote
90@guurry1230.14036993973117032% GP2308754.618No Vote
91@opochtli0.13979533441184697% GP2299303.715No Vote
92@fit.zone0.13918188680912236% GP2289213.948No Vote
93@zellypearl.sport0.13769052671513063% GP2264684.59No Vote
94@actifit0.13740378994203128% GP2259968.446No Vote
95@philnewton0.1373147318305129% GP2258503.65No Vote
96@anadolu0.1337610633214159% GP2200054.18No Vote
97@freddio.sport / @freddio0.131354729984644% GP2160475.669No Vote
98@ultratrain0.13134199399545057% GP2160266.192No Vote
99@saoirseronan0.13109850956020314% GP2156261.447No Vote
100@simaroy0.12834085548424184% GP2110904.538No Vote

@aiovo

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Yes! Casted the vote ✅

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Thank you for supporting it @dfacademy! We're only about 8% away from reaching the 51% needed that last I checked.

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We need 51% so those who has not casted vote yet please do hurry.

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It's very good initiative and I hope everyone will cast their vote with Yes as I have done. With the change of update we want to see the update of our token as well in the hive engine. Thank you very much for the post and sharing. I have done my part and welcoming all to do their part by casting their vote with any percentage of upvote in the Yes comment. Thanks

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Thank you for the support @engrsayful! With everyone's votes we are set to pass now with 53.39% of SP voting in favor of the proposal.

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Esto si que esta estupendo.

Me gusta la evolución que ha tenido esta comunidad y su tokens.

Un fuerte abrazo a ese equipo que día a día esta trabajando en pro de la comunidad.

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{'expiration': '2021-09-20T03:30:57', 'ref_block_num': 37304, 'ref_block_prefix': 3041984044, 'operations': [['custom_json', {'required_auths': ['sports-gov'], 'required_posting_auths': [], 'id': 'ssc-mainnet-hive', 'json': '{"contractName":"tokens","contractAction":"transfer","contractPayload":{"symbol":"SPORTS","to":"sportsprojects","quantity":"1.000","memo":"Power down SPORTS held in @sportsprojects then transfer 100,000,000 SPORTS to @patrickulrich; fund contracts or burn remaining stake"}}'}]], 'extensions': [], 'signatures': ['20522782e769fb92a915c0ec3fd0acc3d30cfb4a548a2bf6f9e5f9905de7a418760e1821356f1bab19424942c3d4ddb7ae9d7ff21764f99bb7165d3f8a04edb616'], 'trx_id': '0a6d87acad1f133d66ec5ffa4e9b8f4ac5946dc3'}

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