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george prime
@george_prime1
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@plutus October 2024 Analytics Update Here’s a recap of October’s ecosystem trends: The total PLU staked increased from 4.98 million to 5.03 million, reflecting a steady 1.4% rise. The total number of stackers saw a slight decline, with 347 stackers departing, reducing the count from 15,315 to 14,968 — a 2.5% decrease. Despite this, the number of stackers holding at least 1,000 PLU grew significantly, from 1,098 to 1,146 (a 4.4% increase). This shift aligns with the delayed activation of lower reward tiers for holdings below 1,000 PLU, which currently limits incentives for smaller holders to stay within the ecosystem. In terms of stacker tiers, higher levels saw gains, with 40 new Chads, 19 new Veterans, and 2 new Legends joining in October, while 6 Heroes and 1 Myth exited. Overall, the ecosystem shows modest growth, but it’s clear we’re at a crossroads. The need for utilities is pressing, and @DDhopn has indicated that new utilities will roll out before the year’s end—something the ecosystem urgently awaits. Access the stats here:
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Version 2.0 of the Community Spreadsheet Calculator has been released! Many thanks to @__nikipore__ for these changes: We've introduced a mechanism to properly account for the new utilities, such as Giftcards. 1) The fiat value of rewards required to earn 1 internal PLU credit is now tied to the market price. Starting mid-Q1/25, this will transition to an intrinsic value of €10. 2) The effective fiat value expected through the in-app cashout mechanisms (gift cards) is currently set at €7 (after 30% fee)
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I’ve updated the @plutus Grafana dashboard again based on popular demand, adding these charts: * Total PLU payouts over time * Total treasury payouts to exchanges over time * Total PLU payouts vs payouts to exchanges over time Since August 1st, 500k PLU has been paid out to users, and 175k PLU has been sent from the treasury to exchange wallets. Access the dashboard here:
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I’ve added two new charts to the @plutus Grafana dashboard to track users violating the ToS by sending payouts to exchanges. Since the ToS took effect on October 3rd, 68 users have done this and are likely facing limitations. Access the dashboard:
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@Plutus_Support Appreciate the +1% reward boost and the bonus perks. Thanks for taking a fair approach.
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I totally respect you for your contributions @Koin53071699 There needs to be a balance between supporting the ecosystem and selling or redeeming tokens. Right now, we’re in a state of disarray, and we’re seeing the fallout from both sides. I hope things improve soon, with Plutus delivering the necessary utilities so there’s more to it than just selling PLU. People need to see the value in contributing to the ecosystem, as the system cannot survive if both sides don’t work together.
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@Kaizu1973 @plutus No time limit set at the moment. I will investigate if a set time limit really changes something in this evaluation.
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@plutus A golden goose for rewards—use it wisely, or it might just fly away! On a more serious note: Plutus isn’t just about rewards—it’s about sustaining a healthy ecosystem where everyone benefits. Supporting it ensures long-term value for all members, not just short-term gains.
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RT @george_prime1: A key milestone for @plutus: today, 5 million PLU have been externally stacked for the first time. This number continues…
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A key milestone for @plutus: today, 5 million PLU have been externally stacked for the first time. This number continues to rise, supporting a strong and healthy ecosystem. Since August 1st, when we had 4.18M PLU stacked, that's a notable 20% increase in just two months! Check out the dashboard here:
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