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likwid 2nd layer beneficiary for dapps by likwid

View this thread on: hive.blogpeakd.comecency.com
· @likwid · (edited)
$207.74
likwid 2nd layer beneficiary for dapps
<center>


![](https://steemitimages.com/640x0/https://cdn.steemitimages.com/DQmVj5b5k3Ve7x9JV9xTb9zciZ2UjJPCs5peiERAjUy9Wty/image.png)

</center>

<h2><center>likwid 2nd layer beneficiary for dapps</center></h2>

We are excited to announce a new *likwid* feature targeted at dApps.

<h4><center>
Intro
</center></h4>

Vested reward (SteemPower) is often a liability for businesses. The option of inmediate liquid rewards has many potential applications. There is however a limitation in how the *beneficiary STEEM-native feature* can be exploited.

This new feature is an application-based beneficiary abstraction layer that allows dApps to keep their beneficiary scheme while using *likwid*. 

Under normal circumstances, *likwid* needs to be set as beneficiary for a given *dApp-powered* post. However, a problem arises for dApps which operate on a "traditional beneficiary monetisation model"; *likwid* utilisation would clash with it.

Now with the implementation of a `custom_json` operation during post signing *likwid* will follow the beneficiary pattern specified at this very json document.

<h4><center>
Traditional monetisation model with beneficiaries diagram
</center></h4>

![](https://i.imgur.com/tauGMLl.png)


<h4><center>
New likwid proposal diagram
</center></h4>

![](https://i.imgur.com/nFDWnmk.png)



<center><h4>
Benefits
</h4></center>

Startups sometimes struggle in competitive enviroments rewarding their customers in a timely manner. We help professionals reward their customers at a more appealing pace.

Basically, dApps can now pay their customers in cash (100% liquid) instantly at payout time while keeping their usual beneficiary distribution.


<center><h4>
Setup and configuration
</h4></center>

The beneficiary proxy will be read from a `custom_json` container.

[Official STEEM custom_json documentation](https://developers.steem.io/apidefinitions/#broadcast_ops_custom_json)

All you need to do is appending a `custom_json` operation **within the same transaction where the `comment` operation is included**


![](https://i.imgur.com/1Ry2D0g.png)

`[
  "custom_json",
  {
    "required_auths": [],
    "required_posting_auths": ["example_account"],
    "id": "likwid-beneficiary",
    "json": "{
        "id": "likwid-beneficiary",
        "beneficiaries":[["customerA", 9000], ["example_account",1000]]
    }"
  }
]`

`id`and `beneficiaries`fields are mandatory

<h4><center>
 Credits
 </center></h4>

<h4><center>
Contact & help
</center></h4>

Find us on [Steemium Discord](https://discord.gg/YzAb4dS) under #likwid channel.

For more information on @likwid check out our [announcement post](https://steemit.com/steem/@likwid/announcing-likwid-the-reward-liquifier).

<center>
<h4>
This post has been promoted using @Steemium
</h4>
![](https://cdn.steemitimages.com/DQmNkdv2KGbvfzcCoFEZivrdn4pf2fPAWtRb94yXmhq8dyW/image.png)
</center>
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 936 others
properties (23)
authorlikwid
permlinklikwid-2nd-layer-beneficiary-for-dapps
categorylikwid
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created2019-06-20 18:45:15
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vote details (1000)
@abh12345 ·
I wonder if people would still use likwid if you upped the service fee to 2% and burned .5%?
properties (22)
authorabh12345
permlinkpvytub
categorylikwid
json_metadata{"tags":["likwid"],"app":"steemit/0.1"}
created2019-08-09 10:44:33
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net_rshares0
@arcange ·
Congratulations @likwid!
Your post was mentioned in the [Steem Hit Parade](/hit-parade/@arcange/daily-hit-parade-20190620) in the following category:

* Pending payout - Ranked 2 with $ 212,18
properties (22)
authorarcange
permlinkre-likwid-2nd-layer-beneficiary-for-dapps-20190620t175509000z
categorylikwid
json_metadata""
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@bobinson ·
$0.12
Essentially beneficiary is set as likwid and then likwid handles distribution right ?
👍  
properties (23)
authorbobinson
permlinkptfvqe
categorylikwid
json_metadata{"tags":["likwid"],"app":"steemit/0.1"}
created2019-06-21 08:03:51
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root_title"likwid 2nd layer beneficiary for dapps"
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post_id87,028,918
net_rshares207,730,836,657
author_curate_reward""
vote details (1)
@likwid ·
Exactly
properties (22)
authorlikwid
permlinkptgire
categorylikwid
json_metadata{"tags":["likwid"],"app":"steemit/0.1"}
created2019-06-21 16:21:15
last_update2019-06-21 16:21:15
depth2
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@celioeguga ·
interesting I'll download and set up expect my rewards.
properties (22)
authorcelioeguga
permlinkptf3u9
categorylikwid
json_metadata{"tags":["likwid"],"app":"steemit/0.1"}
created2019-06-20 22:01:24
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net_rshares0
@chekohler ·
Very cool allowing dapps and the community support they get to give them immediate access to funds, that 7 day period can make all the difference in cashing out tokens to cover operating costs or to take advantage of opportunities 
properties (22)
authorchekohler
permlinkre-likwid-likwid-2nd-layer-beneficiary-for-dapps-20190621t065328886z
categorylikwid
json_metadata{"community":"busy","app":"busy/2.5.6","format":"markdown","tags":["likwid"],"users":[],"links":[],"image":[]}
created2019-06-21 06:53:30
last_update2019-06-21 06:53:30
depth1
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net_rshares0
@clayboyn ·
$0.12
So what happens when you issue liquid rewards today and someone catches a flag 2 days later and knocks the post to 0 STU?
👍  
properties (23)
authorclayboyn
permlinkptfgpr
categorylikwid
json_metadata{"tags":["likwid"],"app":"steemit/0.1"}
created2019-06-21 02:39:27
last_update2019-06-21 02:39:27
depth1
children5
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body_length121
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root_title"likwid 2nd layer beneficiary for dapps"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id87,013,340
net_rshares208,758,930,628
author_curate_reward""
vote details (1)
@likwid ·
likwid works at payout time. Flags will decrease payout value, and therefore, likwid returns will be reduced too.
properties (22)
authorlikwid
permlinkptfj9l
categorylikwid
json_metadata{"tags":["likwid"],"app":"steemit/0.1"}
created2019-06-21 03:34:33
last_update2019-06-21 03:34:33
depth2
children4
last_payout2019-06-28 03:34:33
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root_title"likwid 2nd layer beneficiary for dapps"
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@clayboyn ·
Ahh, okay that makes more sense... so basically just bypass delegation.  When bidbots do it, it's basically just "investors" devaluing their own investment... I suppose this will act like "investors" buying stake at a discount.  Could have better impact on the price, I suppose time will tell.
properties (22)
authorclayboyn
permlinkptfjk4
categorylikwid
json_metadata{"tags":["likwid"],"app":"steemit/0.1"}
created2019-06-21 03:40:51
last_update2019-06-21 03:40:51
depth3
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max_accepted_payout1,000,000.000 HBD
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post_id87,016,462
net_rshares0
@frankvvv ·
Are you sure about that? I see you paying out a lot more. I got the impression you are being used to circumvent the system by people who get flagged. I do not know how they do it, but you should check your records. Just today e.g. you paid out someone who gets flagged and downvoted every day. Post reward shows 2.8 USD. you paid 4.232 SBD plus 11.820 STEEM!!!!! In fact you pay him several times a day.
properties (22)
authorfrankvvv
permlinkpu1mbb
categorylikwid
json_metadata{"tags":["likwid"],"app":"steemit/0.1"}
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last_update2019-07-03 01:47:36
depth3
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net_rshares0
@cryptopie ·
$0.12
This will empower the sell pressure more if many people use it and thus making steem price not go up.
👍  
properties (23)
authorcryptopie
permlinkptf916
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json_metadata{"tags":["likwid"],"app":"steemit/0.1"}
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vote details (1)
@dongkong ·
$0.45
Hey @likwid i think its a awesome service i have started using likwid from yesterday!
👍  ,
properties (23)
authordongkong
permlinkre-likwid-likwid-2nd-layer-beneficiary-for-dapps-20190624t030757696z
categorylikwid
json_metadata{"tags":["likwid"],"app":"steempeak/1.12.2"}
created2019-06-24 03:08:12
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root_title"likwid 2nd layer beneficiary for dapps"
beneficiaries
0.
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percent_hbd10,000
post_id87,191,284
net_rshares3,442,779,794,854
author_curate_reward""
vote details (2)
@likwid ·
likwid-comment-1561950558061
This post earned a total payout of 1.830$ and 1.376$ worth of author reward which was liquified using @likwid. [To learn more.](https://steemit.com/steem/@likwid/announcing-likwid-the-reward-liquifier)

properties (22)
authorlikwid
permlinklikwid-comment-re-likwid-likwid-2nd-layer-beneficiary-for-dapps-20190624t030757696z
categorylikwid
json_metadata{"app":"likwid"}
created2019-07-01 03:09:18
last_update2019-07-01 03:09:18
depth2
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cashout_time1969-12-31 23:59:59
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body_length203
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root_title"likwid 2nd layer beneficiary for dapps"
beneficiaries
0.
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net_rshares0
@steemyoda ·
re-dongkong-re-likwid-likwid-2nd-layer-beneficiary-for-dapps-20190624t030757696z-20190625t164543512z
The force is with you! You got a 24.92% upvote from @steemyoda courtesy of @dongkong!

http://ultraimg.com/images/2018/02/27/n8qb.gif
properties (22)
authorsteemyoda
permlinkre-dongkong-re-likwid-likwid-2nd-layer-beneficiary-for-dapps-20190624t030757696z-20190625t164543512z
categorylikwid
json_metadata{"app":"postpromoter/2.0.0"}
created2019-06-25 16:45:45
last_update2019-06-25 16:45:45
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root_title"likwid 2nd layer beneficiary for dapps"
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@edgarare1 ·
$0.12
It sounds really cool

Posted using [Partiko iOS](https://partiko.app/referral/edgarare1)
👍  , , , , , , ,
properties (23)
authoredgarare1
permlinkedgarare1-re-likwid-likwid-2nd-layer-beneficiary-for-dapps-20190621t045827877z
categorylikwid
json_metadata{"app":"partiko","client":"ios"}
created2019-06-21 04:58:30
last_update2019-06-21 04:58:30
depth1
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root_title"likwid 2nd layer beneficiary for dapps"
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max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id87,019,949
net_rshares212,860,714,591
author_curate_reward""
vote details (8)
@gadrian ·
$0.11
Does your service have a limitation on the 2nd layer number of beneficiaries?

Posted using [Partiko Android](https://partiko.app/referral/gadrian)
👍  
properties (23)
authorgadrian
permlinkgadrian-re-likwid-likwid-2nd-layer-beneficiary-for-dapps-20190622t162922803z
categorylikwid
json_metadata{"app":"partiko","client":"android"}
created2019-06-22 16:29:24
last_update2019-06-22 16:29:24
depth1
children1
last_payout2019-06-29 16:29:24
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total_payout_value0.086 HBD
curator_payout_value0.028 HBD
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author_reputation630,086,153,077,125
root_title"likwid 2nd layer beneficiary for dapps"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id87,107,164
net_rshares220,979,404,013
author_curate_reward""
vote details (1)
@likwid ·
No, as many as you want. Just make sure the total `weight`sum equals 100%
properties (22)
authorlikwid
permlinkptii7n
categorylikwid
json_metadata{"tags":["likwid"],"app":"steemit/0.1"}
created2019-06-22 18:04:36
last_update2019-06-22 18:04:36
depth2
children0
last_payout2019-06-29 18:04:36
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net_rshares0
@geovanny1000 ·
EXCELENTE.....
properties (22)
authorgeovanny1000
permlinkptfyhc
categorylikwid
json_metadata{"tags":["likwid"],"app":"steemit/0.1"}
created2019-06-21 09:03:18
last_update2019-06-21 09:03:18
depth1
children0
last_payout2019-06-28 09:03:18
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author_reputation58,512,038,636
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net_rshares0
@huseyinunozkan16 ·
$0.11
Thank you for your help to steemians. In addition to you @oracle-d helps steemit users much. I appreciate for your works. Thank you again

Posted using [Partiko Android](https://partiko.app/referral/huseyinunozkan16)
👍  
properties (23)
authorhuseyinunozkan16
permlinkhuseyinunozkan16-re-likwid-likwid-2nd-layer-beneficiary-for-dapps-20190620t190216619z
categorylikwid
json_metadata{"app":"partiko","client":"android"}
created2019-06-20 19:02:21
last_update2019-06-20 19:02:21
depth1
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body_length216
author_reputation9,569,689,094,218
root_title"likwid 2nd layer beneficiary for dapps"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id86,993,026
net_rshares194,046,303,660
author_curate_reward""
vote details (1)
@jayem121992 ·
Hello nice post

Posted using [Partiko iOS](https://partiko.app/referral/jayem121992)
properties (22)
authorjayem121992
permlinkjayem121992-re-likwid-likwid-2nd-layer-beneficiary-for-dapps-20190621t021943418z
categorylikwid
json_metadata{"app":"partiko","client":"ios"}
created2019-06-21 02:19:45
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@joelsegovia ·
$0.11
It seems like the steem ecosystem is finally reaching a maturity state, know dapps devps have a toolkit to properly create and launch their products.
👍  ,
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vote details (2)
@nueve9 ·
I like your make!
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@pencarirezeki ·
nice project

Posted using [Partiko Android](https://partiko.app/referral/pencarirezeki)
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@playgame1000k ·
Great post 😉

Posted using [Partiko Android](https://partiko.app/referral/playgame1000k)
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@promobot ·
re-likwid-likwid-2nd-layer-beneficiary-for-dapps-20190620t202424693z
@steemium purchased a 47.17% vote from @promobot on this post.

*If you disagree with the reward or content of this post you can purchase a reversal of this vote by using our curation interface http://promovotes.com
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@samotonakatoshi · (edited)
There is a BUG and @likwid for some reason sends multiple transactions. Look at it asap! You are losing money.

<a href="https://cdn.steemitimages.com/DQmVBWFLeDoqGzFwMyQzF7ZMkJEdW5GSLuMnBqtJyw6tSao/likwid.png"><img src="https://cdn.steemitimages.com/DQmVBWFLeDoqGzFwMyQzF7ZMkJEdW5GSLuMnBqtJyw6tSao/likwid.png"></a>

@lightproject @dzivenu @transisto
👍  
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vote details (1)
@transisto ·
Thanks for reporting
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@steemium ·
steemium-comment-1561056419922
141.63$ has been spent to promote this content using [Steemium.](https://steemium.com/?ref=likwid-2nd-layer-beneficiary-for-dapps) <br> Learn more [here!](https://steemit.com/steem/@steemium/annoucing-steemium-steem-promotion-made-easy-cheap-and-intelligent)
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@swiftcash ·
This post has received a 10.00% complementary upvote from @swiftcash 🤑 
👍  
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vote details (1)