February 2024 In Review
Last month was a busy one for PolkaVerse, Subsocial’s #1 application, as it got lots of upgrades focused on improving network activity and the creator experience.
Content Staking
As Subsocial continues to evolve, the previous Creator and Lazy Staking systems were replaced by Content Staking. To take part in Content Staking, users need to lock at least 2,000 SUB, enabling them to earn rewards for liking posts, or having their posts and comments liked by others. Check out the full announcement to get all of the details.
Reward Splitting
With the goal of further boosting network growth, rewards from Content Staking began getting split between all relevant parties. For example, the rewards given to a great comment are split, with 70% of the rewards going to the writer of the comment, and 30% going to the author of the post that the comment was made under. After all, without that post, there wouldn’t be any comments. To see all of the splits, read the original announcement or the Reward Splitting section of the docs page.
Community Highlights
The Subsocial team created a new featured space named Community Highlights. When we find great posts on Subsocial from new creators, we share them into this space, providing those posts and their creators with extra visibility and a better chance at improved rewards!
Hot Posts
In addition to the Featured Posts tab, the Hot Posts tab uses a new algorithm to show posts that have been getting a lot of engagement recently. This way, organic content can rise to the top naturally!
Subsocial Space On X
We held a space on X to discuss Content Staking, Subsocial’s growth and future plans, and a lot more! Give it a listen to hear from our founder and CEO Alex Siman about our latest updates and upcoming releases.
Sub.ID PnL Release
Sub.ID received another update, showing the daily change in price and value for tokens and portfolio balances. In the future, this may be expanded to include historical data!
February saw lots of improvements to the creator experience on PolkaVerse, along with continued growth as the network matures. March will have some big releases, so stay tuned, and we’ll see you on-chain!
Content Lead at Subsocial, ChaosDAO Co-Founder
Subsocial is an open platform that allows for the integration of user-friendly Web3 social features into existing applications, or the creation of brand new socially-powered apps from the ground up. In fact, Subsocial's innovative UX solutions make using Web3 so simple, even your grandma can use it!
By providing all of the native features required for creating decentralized social experiences, Subsocial allows developers to focus on building apps, not on re-inventing the wheel, and helps them stand out from the competition by delivering a user-centric social experience.
To learn more about Subsocial and the future of social networking, check out our links:
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