SCV Proposal by hivebuilder

View this thread on: hive.blog | peakd.com | ecency.com

leofinance · @hivebuilder · Sep 15 '22

$1.31

SCV Proposal

![](https://images.ecency.com/DQmS7WgBaD6m5UWHfyUUZkNrJnrMVqRaThDLE6VxNDifk24/3w72119s5bjw4pvrk9nxc1rshwxnowjhqsdmpcqkgxgsxcxcxf6ejv8bkfen3q89u52qd1zxr9atejhzg41ogjyxxdywbbxzjxmgq16pdnphksnnjstbm8.png)

As a community backed Validator we feel it is only fair to ask for token holders views and permission before making any changes to the structure of the token.

Proposal
Remove Voucher rewards for Sps rewards.

Overview
We have been paying vouchers as dividends since launch of the token. Voucher rewards were never part of the plan and were never mentioned as part of the token. This was a pleasant surprise and we decided to give all of these rewards in 2 forms to the token holders.
1 Dividends
2 Buybacks off market.
The team didn't take anything from the Voucher rewards and all were given back to the community.

Sps Rewards were the basis on which the tokens were sold and licences were bought.
Sps rewards have started so now all token holders will be receiving Sps rewards.
Unlike Voucher rewards which are liquid Sps are staked therefore we need to powerdown this happens once a week over 4 weeks.

Proposal
We propose to sell all Vouchers received and then reinvest in the following ways.
50% of funds will be used to buy Sps for additional dividends
50% will be used to buyback tokens off the market.

Reasons
Vouchers have no real relevance to what we want to achieve. We want to be one of the leading nodes and therefore we need as many Sps based votes as possible. Giving out Sps dividends we hope majority of token holders will stake Sps and then subsequently vote for us.
The additional funds for buybacks should see a significant rise in price of SCV.
Burning tokens means not only a rise in price of the token but also dividends increase per token due to there being less tokens in circulation.

Final Thoughts
We have done everything so far in the best interest of the token and token holders.
The token is currently trading 3x more than launch.
It has never come close to the original launch price.
There is liquidity provided for anyone to exit at anytime.
Dividends paid out so far have already provided excellent returns.
Our intention is to make this one of, if not the best token on hive-engine, so everything we do is based on that motivation.

How to vote
1 leave a comment below Yes or No(feedback welcome)
2 vote in discord

https://discord.gg/gTWKd9ynwd

👍 myvest, hetty-rowan, dera123, votebetting, hivebuilder, yeckingo1, oldmans, cliffagreen, naythan, synergized, chance820709, gwajnberg, hivebuildercomps, rus-lifestyle, realmankwon.scot, scummzen, sunshineee, zdigital222, rufruf, steemulant, arenatoken, donekim, sunshinesoul, happyberrysboy, limka, wolfarena

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properties (23)vote details (26)

voter	rshares	pct
happyberrysboy	219,300,499	100%
hetty-rowan	62,376,469,848	100%
donekim	315,406,509	100%
dera123	52,720,904,761	100%
oldmans	5,809,340,913	10%
steemulant	515,820,075	25.03%
rufruf	555,273,045	100%
cliffagreen	4,862,984,879	25%
synergized	2,975,794,097	100%
naythan	3,442,547,278	100%
limka	218,211,570	100%
realmankwon.scot	917,280,428	100%
votebetting	26,906,847,014	100%
arenatoken	470,023,029	100%
rus-lifestyle	1,496,472,463	100%
hivebuilder	9,086,811,864	100%
hivebuildercomps	2,188,426,595	100%
myvest	1,837,224,823,639	100%
zdigital222	593,235,335	100%
yeckingo1	7,832,934,146	21.8%
scummzen	762,210,911	100%
gwajnberg	2,418,976,884	53.1%
sunshineee	692,197,078	20%
wolfarena	208,598,546	100%
chance820709	2,813,156,745	100%
sunshinesoul	312,744,889	100%

@arcange · Sep 30 '22

Dear @hivebuilder,<br>May I ask you to review and support the Dev Marketing Proposal (https://peakd.com/me/proposals/232) we presented on Conference Day 1 at HiveFest?<br>The campaign aims to onboard new application developers to grow our ecosystem. If you missed the presentation, you can watch it on [YouTube](https://youtu.be/MK-tlTw_ctY?t=41).<br>You cast your vote for the proposal on [Peakd](https://peakd.com/me/proposals/232), [Ecency](https://ecency.com/proposals/232), [Hive.blog](https://wallet.hive.blog/proposals) or [using HiveSigner](https://hivesigner.com/sign/update_proposal_votes?proposal_ids=%5B%22232%22%5D&approve=true).<br><br>Thank you!

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@cliffagreen · Sep 15 '22

RE: SCV Proposal

Yes!

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@cliffagreen/re-hivebuilder-76hdtt)

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@cwow2 · Sep 15 '22

Meh. I dont care, you do what you feel is best

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@hivebuilder · Sep 15 '22

Thank you. We always try

properties (22)

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@dynamicrypto · Nov 28 '22

Payments still working? increased shares and now payments coming in less often? @hivebuildercomps

properties (22)

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@hivebuildercomps · Nov 28 '22

Yeah same as before usually sent out every few days.

properties (22)

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@hetty-rowan · Sep 15 '22

100% yes

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@hivebuzz · Oct 3 '22

Congratulations @hivebuilder! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

<table><tr><td><img src="https://images.hive.blog/60x70/http://hivebuzz.me/@hivebuilder/upvotes.png?202210031735"></td><td>You distributed more than 14000 upvotes.<br>Your next target is to reach 15000 upvotes.</td></tr>
</table>

<sub>_You can view your badges on [your board](https://hivebuzz.me/@hivebuilder) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>



**Check out the last post from @hivebuzz:**
<table><tr><td><a href="/hive-122221/@hivebuzz/pud-202210-feedback"><img src="https://images.hive.blog/64x128/https://i.imgur.com/zHjYI1k.jpg"></a></td><td><a href="/hive-122221/@hivebuzz/pud-202210-feedback">Feedback from the October 1st Hive Power Up Day</a></td></tr><tr><td><a href="/hive-122221/@hivebuzz/pum-202209-result"><img src="https://images.hive.blog/64x128/https://i.imgur.com/mzwqdSL.png"></a></td><td><a href="/hive-122221/@hivebuzz/pum-202209-result">Hive Power Up Month Challenge 2022-09 - Winners List</a></td></tr><tr><td><a href="/hive-122221/@hivebuzz/pum-202210"><img src="https://images.hive.blog/64x128/https://i.imgur.com/M9RD8KS.png"></a></td><td><a href="/hive-122221/@hivebuzz/pum-202210">Be ready for the 10th edition of the Hive Power Up Month!</a></td></tr></table>

###### Support the HiveBuzz project. [Vote](https://hivesigner.com/sign/update_proposal_votes?proposal_ids=%5B%22199%22%5D&approve=true) for [our proposal](https://peakd.com/me/proposals/199)!

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@oldmans · Sep 15 '22

RE: SCV Proposal

Yes.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@oldmans/re-hivebuilder-5r46kk)

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@punger · Sep 19 '22

yes

Posted using [Splintertalk](https://www.splintertalk.io/@punger/re-hivebuilder-l88ln3cq)

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@scummzen · Sep 16 '22

Yes of course!

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@sunshinesoul · Sep 16 '22

Yes! I support this.

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@tarabh · Sep 17 '22 (edited)

I vote Yes.
You have proven yourselves to be worthy of confidence and trust

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@hivebuilder · Sep 18 '22

Thank you very much

👍 tarabh

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properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
tarabh	0 B		0	100%

@yeckingo1 · Sep 15 '22

Give a yes!

properties (22)