After our downtime caused by illness, we are back to work and we manage to create a nice quantity of posts with @liotes and @ourpick at the moment. Thanks to these posts, we could increase the „production“ of BEE tokens that we will need for the Diesel Pool project. We are getting closer .... In the [liotes ranking](https://docs.google.com/spreadsheets/d/e/2PACX-1vT15H8Ix01KrjfmHfMIkCfYKvVlavUhH3ydg8zTlVKSP2_E_z2s4DH7czR3PdX_qBmd2e-Os13AH7UD/pubhtml?gid=0&single=true) @gadrian has become the next Wind Maker of the Liotes project. Congratulations! He will recieve a little bonus of 5 LEN! --- ### Liotes A project run by @ph1102 and @achim03 #### Resources - [Website](https://liotes.com/) - [Hive account](https://peakd.com/@liotes) - [Liotes Online Shop](https://liotes.com/index.php/shop/) - [Discord Server](https://discord.gg/CGUEfVQ) - [Lbry account](https://lbry.tv/@Liotes:a?r=EtCZhJxUES3qmfsNzxXkw17q9rzKx4tN)

Yes, we said that we will not go deep into the mechanics of Liotes, but there is always some question about how certain things work... So this video is more for those of you who want to know how it looks in the background, what is currently happening, and how we think in a short term, and especially in the long term... Building something to be sustainable in the long-term isn't that easy job, but when we have started the project we were thinking MOSTLY in the long-term and how our supporters can profit altogether... It is easy to create a program where those who come first, cash out and earn, and all the rest are paying for that... The point of Liotes is that we together create a system where the value of the base token is going up through time... To make that happen, it is important to add value to it through quality content, sell/rent products that are profitable for the customers, and invest time in developing additional income sources... From the first day, we have been on a mission to do all that... From the start of the LENM token sales, we have created an online shop where you can buy/rent products that can help you in building your passive income, we have created a @liotes.voter account that is rewarding people from the community, added more curation trails for different tribes, etc. One of the important things is the "burning program" that exists on Liotes... We are slowly building up our buy wall which will burn all LEN tokens that come to it... But, until that happens, we have added some additional burning methods that are already working every day... Some of you probably know about them, but for the rest they are: - 10% on shop purchases is burnt almost instantly after the processing of the order - 10% of liotes.voter LEN purchases - this isn't a fixed percentage and it will be modified depending on different aspects - All dividend gains from @liotes delegations to @liotes.voter (always forget this one to mention) I didn't mention the last method in the video, but it is also an important one... As you know, when we get author rewards for our posts, that HivePower stays on the @liotes account... To avoid additional hustle with powering down, we delegate all that HP to the @liotes.voter account... Like that, it receives LEN dividends, which are burnt... As I said in the video, Liotes is a kind of community project, as all of you guys participating in some of these aspects even without knowing it... You are using the shop, selling LEN tokens, etc, and by doing that you are BURNING LEN tokens and raising the value of the project as a whole... Thanks for all your support!

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### Liotes A project run by @ph1102 and @achim03 #### Resources - [Website](https://liotes.com/) - [Hive account](https://peakd.com/@liotes) - [Liotes Whitepaper](https://liotes.com/docs/Liotes_Whitepaper.pdf) - [Discord Server](https://discord.gg/CGUEfVQ) - [Lbry account](https://lbry.tv/@Liotes:a?r=EtCZhJxUES3qmfsNzxXkw17q9rzKx4tN)