Proposal to Delegate 100k PHOTO to @lolz.photo
This is a proposal asking the community of PHOTO token holders to vote for @hivephoto to receive and delegate 100,000 PHOTO tokens to @lolz.photo. Payout would be split 20,000 PHOTO each day over a five day period between February 12 through February 17, 2023. At the end of the payout window @hivephoto will stake and delegate the full amount to @lolz.photo for an indefinite period.
In exchange for this delegation @hivephoto would also be participating in the LOLZ DeFi program and earn passive rewards that can be saved and potentially used in the future for tribe funding.
@lolz.photo curates Hive Images content and upvotes posts. At the time of this posting @lolz.photo has 73,500.48 PHOTO in delegation from 30 users. The delegation of 100k PHOTO from @hivephoto would more than double the PHOTO being delegated thus increasing @lolz.photo's curation upvote value for posts.
To vote to approve this proposal please visit: https://www.hive.photo/proposals