Author Topic: Claimed your Whaleshare sharedrop yet? 70% sharedrop on BTS!  (Read 970 times)

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Offline Customminer

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Claimed your Whaleshare sharedrop yet? 70% sharedrop on BTS!
« on: September 01, 2018, 12:30:18 pm »


FAO Bitshares users: Claim your WLS!

Account creations have been opened to everyone, even if you did not have a Bitshares account that qualified for the sharedrop snapshot on August 1st.

Claim deadline: 15th September 2018

If you miss the sharedrop claim deadline then you'll no longer be able to claim your stake! Make sure to claim your sharedrop before then!

If you need to claim your sharedrop:

  • Make sure you have 1 WHALESHARE token in your Bitshares Account Wallet.
  • Make sure you have at least 0.2 BTS in your Bitshares Account Wallet. (Fee)
  • Go to https://wls.services
  • Follow the instructions provided in the Official Sharedrop Announcement.

If you are not claiming and just want to create an account:

  • Make sure you have 1 WHALESHARE token in your Bitshares Account Wallet.
  • Make sure you have at least 0.2 BTS in your Bitshares Account Wallet. (Fee)
  • Go to https://newacc.wls.services
  • Follow the instructions provided in the Official Sharedrop Announcement.
  • The process is the same as 'claiming with a new account'.

💡 If you don't have 1 WHALESHARE token, you can buy one on the DEX with BTS: https://wallet.bitshares.org/#/market/WHALESHARE_BTS

Related: https://whaleshares.io/whaleshares/@whaleshares/whaleshares-io-and-bitsharestalk-io-main-launch
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Offline pc

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Re: Claimed your Whaleshare sharedrop yet? 70% sharedrop on BTS!
« Reply #1 on: September 04, 2018, 04:53:50 pm »
Thanks.

Can anyone explain why whaleshares doesn't have the inflation protection for vested balances that steem has?
Why should I *not* claim the sharedrop, withdraw and sell as quickly as the rules allow?
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Offline Customminer

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Re: Claimed your Whaleshare sharedrop yet? 70% sharedrop on BTS!
« Reply #2 on: September 05, 2018, 08:51:19 am »
Thanks.

Can anyone explain why whaleshares doesn't have the inflation protection for vested balances that steem has?
Why should I *not* claim the sharedrop, withdraw and sell as quickly as the rules allow?
AFAIK you cannot powerdown until mid october, and the rate of powerdown is affected by the platform's inflation rate.

I'm not sure about inflation protection, do you mean receiving rewards for held stakepower over time?
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Offline pc

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Re: Claimed your Whaleshare sharedrop yet? 70% sharedrop on BTS!
« Reply #3 on: September 05, 2018, 12:18:42 pm »
Can anyone explain why whaleshares doesn't have the inflation protection for vested balances that steem has?
Why should I *not* claim the sharedrop, withdraw and sell as quickly as the rules allow?
AFAIK you cannot powerdown until mid october, and the rate of powerdown is affected by the platform's inflation rate.

Yes, that's what I meant with "as quickly as the rules allow".

I'm not sure about inflation protection, do you mean receiving rewards for held stakepower over time?

STEEM pays 90% of inflation into the vested steem pool, which looks like "interest" on vested steem / steem power. Apparently WLS doesn't do that, so effectively vested WLS are losing value due to inflation.
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Offline Customminer

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Re: Claimed your Whaleshare sharedrop yet? 70% sharedrop on BTS!
« Reply #4 on: September 05, 2018, 01:33:00 pm »
Can anyone explain why whaleshares doesn't have the inflation protection for vested balances that steem has?
Why should I *not* claim the sharedrop, withdraw and sell as quickly as the rules allow?
AFAIK you cannot powerdown until mid october, and the rate of powerdown is affected by the platform's inflation rate.

Yes, that's what I meant with "as quickly as the rules allow".

I'm not sure about inflation protection, do you mean receiving rewards for held stakepower over time?

STEEM pays 90% of inflation into the vested steem pool, which looks like "interest" on vested steem / steem power. Apparently WLS doesn't do that, so effectively vested WLS are losing value due to inflation.
If you don't want the tokens then you're free to sell them as you see fit, I wouldn't let the economic policies get in the way of claiming your sharedrop. I'm sure people would be interested in picking up some cheap WLS on the BTS DEX.

I don't think it's impossible to change the economic policies through future hard forks, but steemit doesn't pay interest on steem power neither, you can only earn with your vote weight through curation rewards, no?
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Offline clockwork

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Re: Claimed your Whaleshare sharedrop yet? 70% sharedrop on BTS!
« Reply #5 on: September 05, 2018, 04:43:42 pm »
Can anyone explain why whaleshares doesn't have the inflation protection for vested balances that steem has?
Why should I *not* claim the sharedrop, withdraw and sell as quickly as the rules allow?
AFAIK you cannot powerdown until mid october, and the rate of powerdown is affected by the platform's inflation rate.

Yes, that's what I meant with "as quickly as the rules allow".

I'm not sure about inflation protection, do you mean receiving rewards for held stakepower over time?

STEEM pays 90% of inflation into the vested steem pool, which looks like "interest" on vested steem / steem power. Apparently WLS doesn't do that, so effectively vested WLS are losing value due to inflation.
If you don't want the tokens then you're free to sell them as you see fit, I wouldn't let the economic policies get in the way of claiming your sharedrop. I'm sure people would be interested in picking up some cheap WLS on the BTS DEX.

I don't think it's impossible to change the economic policies through future hard forks, but steemit doesn't pay interest on steem power neither, you can only earn with your vote weight through curation rewards, no?

I remember an article that explained the differences to Steem and the reasoning behind them....I'll have to look it up to see if it's any help

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Re: Claimed your Whaleshare sharedrop yet? 70% sharedrop on BTS!
« Reply #6 on: September 06, 2018, 12:53:49 pm »
*bump* There's still approx 16m WLS unclaimed! https://whaleshares.io/@wls/transfers

BTW for anyone hesitating, there's no export/import of BTS private keys to claim your sharedrop - you just need to acquire 1 WLS and send it to the sharedrop claim account with your personal memo attached & you'll get your owed stake within a couple mins on the whaleshares network!
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Re: Claimed your Whaleshare sharedrop yet? 70% sharedrop on BTS!
« Reply #7 on: September 13, 2018, 12:46:50 pm »
There's only a couple more days left to claim your whaleshares sharedrop - the majority of BTS holders thus far have yet to claim their sharedrop  ???
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Offline clockwork

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Re: Claimed your Whaleshare sharedrop yet? 70% sharedrop on BTS!
« Reply #8 on: September 13, 2018, 01:41:43 pm »
I'll take bitcrab's share if he doesn't want it :P

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Re: Claimed your Whaleshare sharedrop yet? 70% sharedrop on BTS!
« Reply #9 on: September 28, 2018, 11:16:18 pm »
The Whaleshares sharedrop has been extended - https://whaleshares.io/whaleshares/@whaleshares/whaleshares-sharedrop-claim-period-2-is-now-open-instructions-inside

Quote
This second claim period will run for 30 days and end on October 25 at 23:59:59 UTC. Claims will be subject to a 5% reduction during this second claim period. Example: If your original sharedrop was 100 WLS, you will now receive 95 WLS.
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Re: Claimed your Whaleshare sharedrop yet? 70% sharedrop on BTS!
« Reply #10 on: October 07, 2018, 12:02:43 pm »
There's still a large amount of BTS users yet to claim their sharedrop; this isn't a traditional snapshot/key-import sharedrop, you can't put off claiming for years - act before its too late to claim your sharedrop!
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Offline Thom

Re: Claimed your Whaleshare sharedrop yet? 70% sharedrop on BTS!
« Reply #11 on: October 09, 2018, 04:10:07 am »
I intended to, and tried using a BROWNIE.PTS instead of a WLS since I didn't have one. I couldn't locate a market on the DEX for WLS to get one either.

How / where to get the 1 WLS required to register a new account?
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Re: Claimed your Whaleshare sharedrop yet? 70% sharedrop on BTS!
« Reply #12 on: October 09, 2018, 07:03:01 am »
I intended to, and tried using a BROWNIE.PTS instead of a WLS since I didn't have one. I couldn't locate a market on the DEX for WLS to get one either.

How / where to get the 1 WLS required to register a new account?

whaleshares/bts market
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Re: Claimed your Whaleshare sharedrop yet? 70% sharedrop on BTS!
« Reply #13 on: October 09, 2018, 10:39:17 pm »
I intended to, and tried using a BROWNIE.PTS instead of a WLS since I didn't have one. I couldn't locate a market on the DEX for WLS to get one either.

How / where to get the 1 WLS required to register a new account?

whaleshares/bts market
whaleshare/bts market in DEX (remove the `s`)
https://wallet.bitshares.org/#/market/BTS_WHALESHARE
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Offline Thom

Re: Claimed your Whaleshare sharedrop yet? 70% sharedrop on BTS!
« Reply #14 on: October 10, 2018, 07:20:07 pm »
I intended to, and tried using a BROWNIE.PTS instead of a WLS since I didn't have one. I couldn't locate a market on the DEX for WLS to get one either.

How / where to get the 1 WLS required to register a new account?

whaleshares/bts market
whaleshare/bts market in DEX (remove the `s`)
https://wallet.bitshares.org/#/market/BTS_WHALESHARE

Trying to locate it in light wallet.

I went to Exchange-> Find markets-> put 'WLS' in as asset name, but no data. Then I used WHALESHARE as the name and now I see the data and several other names for whale assets.

Thanks abit.
Injustice anywhere is a threat to justice everywhere - MLK |  Verbaltech2 Witness Reports: https://bitsharestalk.org/index.php/topic,23902.0.html