{"app": "3speak/0.3.0", "image": ["https://files.peakd.com/file/peakd-hive/tibfox/Eo6CCiZsQEVWoDJ3ef1k35G7mkFzrxDXNaFNNe696rZ7RZTqrugYGAsD7GpNLqQYh1H.png"], "tags": ["diyhub", "powerdown", "story", "community", "curation", "coding", "math", "solutions", "delegation", "threespeak"], "type": "3speak/video", "video": {"content": {"description": "Heeeey!\n\n

The title is technically accurate, but it's not a sign that I'm cashing out or anything like that.\n\n

Spoiler Alert!

I\u2019m transferring 65% of the HP from my @tibfox wallet to the @DIYHub curation project. This is essential to ensure we can pay our delegators and writers without dipping into my personal funds. Naturally, I want to avoid impacting my real-life bank account, so this seemed like the best solution. If you\u2019re curious about the details and how we arrived at this decision, be sure to check out the video! ;)
Big thanks to @vaultec for his huge delegation and for bringing our payout plan to the limits. Now we are prepared ;)

The coding part is pretty simple

You first need to set up a vesting route from your source to the receiver account. Important here is that you set \"auto-vest\" = true. This will result in the funds are getting automatically powered up on the receiver side. I used Python and the beem library for that. Here is the documentation of the part following now:

from beem import Hive
from beem.account import Account
hiveNode = 'yourfavouritehivenode' # e.g.https://hive-api.arcange.eu
hiveWithdrawal = Hive(keys=['yourprivateactivekey'], node=hiveNode)
withdrawalAccount = Account(account='youraccountname',blockchain_instance=hiveWithdrawal)
withdrawalAccount.set_withdraw_vesting_route(to='receiveraccount',percentage=100, auto_vest=True)

Once you've set up the vesting route, all powered-down tokens will be automatically sent to the receiver account and (if you have auto-vest enabled) will get powered up there again. To keep things simple, I chose to power down using PeakD rather than manually calculating the vests I could power down via code using the beem library. ;)

But these are YOUR funds?!

I still reserve the right to withdraw these funds from @DIYHub if necessary, though I don\u2019t anticipate needing to do so for several years. Of course, I\u2019ll adjust the payout code to ensure I receive my fair share as a \u201cdelegator,\u201d even though I've invested in the project the hard way.\n\n\nThanks for watching, for your support, and for all your comments in advance!\n\n_{P.S. I promise to write more next time. :D} _{Uploaded using 3Speak Mobile App}", "tags": ["diyhub", "powerdown", "story", "community", "curation", "coding", "math", "solutions", "delegation", "threespeak", "mobile"]}, "info": {"author": "tibfox", "duration": 289, "file": "ipfs://QmX36fDquoKBagvqMzSRQtduVqqA8badNrAL8Hxt9RNf26", "filesize": 498620284, "firstUpload": false, "ipfs": null, "ipfsThumbnail": null, "lang": "en", "permlink": "ngznnxqmaz", "platform": "3speak", "sourceMap": [{"format": "m3u8", "type": "video", "url": "ipfs://QmPWf2WxQnTdGBYcsgdcnLptygRTG5b7zDjQQzcoUgNuX2/manifest.m3u8"}, {"type": "thumbnail", "url": "ipfs://bafybeighafikjeodublfnsob2lgsf3ahjt2n5r7cpd6asckz2wripm7lx4"}], "title": "POWERING DOWN 65% of my HP (for the good)", "video_v2": "ipfs://QmPWf2WxQnTdGBYcsgdcnLptygRTG5b7zDjQQzcoUgNuX2/manifest.m3u8"}}, "format": "markdown"}

#delegation

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