Daily Reward Change? \ stacker news ~meta

2505 sats \ 49 comments \ @siggy47 1 Mar meta

I see the rewards had a big deposit and now have a 30 day ticker. Will there be two pools, the daily and the end of month?

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107 sats \ 38 replies \ @grayruby 1 Mar

I think they said the monthly replaces the daily.

57 sats \ 35 replies \ @siggy47 OP 1 Mar

Uh oh. I was counting on the next few days rewards to help pay my territory rent on the 5th!

96 sats \ 0 replies \ @0xbitcoiner 1 Mar

I moved almost all of my sats to L1 last week, let's see if I can hold on until the end of the month.

76 sats \ 33 replies \ @grayruby 1 Mar

How much you need? I can spot you if you don't want to deposit.

60 sats \ 32 replies \ @siggy47 OP 1 Mar

Thanks. I'm good. I'm just an old creature of habit who has trouble when my routine is changed!

76 sats \ 31 replies \ @grayruby 1 Mar

I like that they are testing something new but also going to take some time getting used to not seeing the balance go up overnight via rewards and knowing the landlord comes knocking on the 5th of every month.

40 sats \ 29 replies \ @siggy47 OP 1 Mar

I'm a dimwit so bear with me. The rewards pool is 100k to 200k a day, which is like 3 mil a month. Is an additional 3 mil a month getting added, or are we just delaying and reshuffling the same rewards?

106 sats \ 25 replies \ @sdf 1 Mar

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20 sats \ 23 replies \ @siggy47 OP 1 Mar

Okay. I just reread the original post. One question- Is it correct that all stackers will get the rewards they earn, not just the top 64? So a new stacker will earn whatever modest reward they would have received under a daily reward system, even if they aren't in the top 64?

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10 sats \ 0 replies \ @justanumber 1 Mar

Million Madness is an experiment to replace daily rewards with monthly rewards.

so is this an experiment in regards to potentially making this a permanent change or just for this month as a special event?

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76 sats \ 2 replies \ @grayruby 1 Mar

It's not additional it is just delayed.

86 sats \ 0 replies \ @Natalia 1 Mar

I am wondering is it also how the change happened - like people used to work from daily to monthly? 😂

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20 sats \ 0 replies \ @siggy47 OP 1 Mar

Yeah. I just reread the original post.

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0 sats \ 0 replies \ @siggy47 OP 1 Mar

Did I miss the memo that the rent is delayed? April Madness!

20 sats \ 0 replies \ @Undisciplined 1 Mar

yep

10 sats \ 0 replies \ @Cowboy 1 Mar

Looks cool

98 sats \ 0 replies \ @sdf 1 Mar

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76 sats \ 1 reply \ @doofus 1 Mar

If I rented a territory yesterday for year, is it not due again until 2028?

8 sats \ 0 replies \ @siggy47 OP 1 Mar

We missed the window!

0 sats \ 4 replies \ @Cowboy 1 Mar

100000*30 = 3M SATs (nothing changed)

78 sats \ 3 replies \ @siggy47 OP 1 Mar

Then why all the fanfare? March Madness! Yeah!!

97 sats \ 2 replies \ @kr 1 Mar

There’s a great book called Alchemy by Rory Sutherland that explores the role of psychology in driving real results.

He’s an exec at Ogilvy and is a master of storytelling.

One of his chapters explains how in 1977, one fisherman re-named the Patagonian Toothfish to the Chilean Sea Bass, and caused it to explode in popularity at restaurants.

Ridiculously simple change, big results.

69 sats \ 1 reply \ @siggy47 OP 1 Mar

I remember that fish being all the craze in the early 80s. Then word got out about it's real name!

76 sats \ 0 replies \ @kr 1 Mar

not just the early 80s, it kept increasing in popularity through the 2000s until illegal fishing operations got word of how expensive it was and began to extract them faster than they could reproduce.

massive, lasting change caused by a name upgrade.

http://patagonian-toothfish-story.msc.org/

0 sats \ 1 reply \ @siggy47 OP 1 Mar

Weird question that may only apply to me. I donate to the pool at least twice a day. Where will those sats go? Another question: Will this affect daily territory payments?

175 sats \ 0 replies \ @k00b 1 Mar

All sats the previously went to daily rewards now go to monthly rewards, including donations.

Territory payouts will still happen daily.