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      "body": "<center>\n![Sprout public beta image](https://miro.medium.com/max/1400/1*sbp_z5JTcVYdvpd0Qbl0cw.png)*Sprout public beta is now open*\n</center>\n\n[Sesameseed](https://sesameseed.org) is proud to announce that [Sprout](https://sprout.sesameseed.org) is now in public beta. The launch of the multichain wallet into public beta marks a significant milestone and the completion of many of the features planned in the product roadmap.\n\nSprout is now ready to be released to everyone in the TRON, Harmony and Ontology communities to try, and for them to share their valuable feedback.\n\n#### Features now available\n\n- Create a multichain, mnemonic wallet designed to support staking with Sesameseed across all existing and future chains.\n- Create a secure wallet on TRON, Harmony and Ontology using a private key.\n- Send and receive SEED, TRX, ONT, and ONE. On Harmony, Sprout also supports sending and receiving ONE across different shards.\n- Swap SEED across multiple chains: TRON and Ontology. Swapping SEED on ONE will be supported once SEED is launched there.\n- Redeem the SEED pegged value in TRX, ONT, and ONG. ONE will be available once Sesameseed earns ONE from delegated stakes.\n- Linking and unlinking your own private key wallets.\n\nOver the next few weeks, videos and articles explaining how to use many of the features available on Sprout will be shared on Telegram and social media.\n\nTo start using Sprout, visit https://sprout.sesameseed.org\n\n#### Win SEED\n\nShare your feedback. Starting today, a weekly raffle with a 500 SEED prize will be launched. To participate, give us your analysis of the wallet or any of its features using the form built into Sprout. The more times you contribute, the higher your chance to win. One winner will be announced every week.\n\n#### Looking ahead\n\nSesameseed continues to build more utility into Sprout. Some of the features that are coming up are integration into Harmony Mainnet staking and the addition of a settings page that gives you access to your mnemonic wallet’s private keys. Mobile support is also being worked on and will be on its way soon.\n\nTo further prepare the community on how Sprout works, a series of co-hosted AMAs with staking partners is planned. Details will be shared on social media.\n\nThe beta roadmap will continue to be updated with more functionality added every day. What do you think should be added next? Let us know in the comments or on social media.\n\n<center>\n![Sprout roadmap image](https://miro.medium.com/max/1400/0*l9l_UBKCE9lksape)*Sprout beta roadmap will continually be updated with new targets*\n</center>\n\n---\nTo learn more about Sesameseed visit our [website](http://bit.ly/2tljbtm). You may also connect with us on [Telegram](http://bit.ly/2SPVxDu), [Twitter](http://bit.ly/2UPR9X3), [Facebook](http://bit.ly/2GLzMP1), [Instagram](http://bit.ly/2GDRCmW), [LinkedIn](http://bit.ly/2TNwtu0), [YouTube](http://bit.ly/2tnpZ9y), and [Medium](http://bit.ly/2SvUQzZ).",
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      "title": "Introducing Sprout, a world-class multichain staking wallet.",
      "body": "<center>\n![Sprout image](https://miro.medium.com/max/1400/1*Q4kRrUVuY3DEEa5crTQoqw.png)*Introducing Sprout by Sesameseed*\n</center>\n\n[Sesameseed](https://sesameseed.org) is proud to introduce [Sprout](https://sesameseed.org), a comprehensive, decentralized blockchain tool designed to provide a simple and secure blockchain experience to holders of digital assets. Sprout is built as the premiere staking wallet to stake and earn digital assets, plus so much more. It seeks to motivate beginner and advanced coin holders to stake them directly on the blockchain.\n\nThe launch of Sprout marks another milestone in advancing the mission of Sesameseed, to incentivize and simplify community staking.\n\nSprout is built as the premiere staking wallet to stake and earn digital assets, plus so much more.\n\n#### The challenge\n\nThe barrier to entry for staking and earning staking rewards is high. The foundational tools used to introduce users are not always intuitive or secure. There are few options that make interacting with the blockchain simple. To encourage higher participation in DPoS (delegated proof of stake), tools need to be designed with high-grade user experience in mind. This requires a solution built top-to-bottom for accessibility and usability, with beginner and advanced blockchain users in mind, that enables a dynamic experience.\n\nDigital wallets have played a fundamental role in a blockchain ecosystem. They are a gateway to a new user’s blockchain experience as they seek to securely store their digital assets. Once these assets have been stored, however, there are generally few options available to holders to interact with them. Sesameseed believes wallets should benefit holders beyond storing their tokens. They should encourage staking, making them active members of a blockchain community, motivated to advocate for the success of the blockchain.\n\n#### How Sprout works\n\nBuilt to be accessible and secure, Sprout is a comprehensive platform for using different elements of a blockchain, reducing barriers to entry and energizing a community of token holders. Some of the benefits of Sprout: intuitive staking, non-custodial (own your keys, own your crypto), fully decentralized, on-chain staking and rewards distribution, SEED rewards backed by a portfolio of diverse digital assets, SEED peg redemption, SEED cross-chain swapping, built by a trusted blockchain community.\nCoins and Tokens Supported\n\nAs it is developed by Sesameseed, Sprout will support all native coins, as well as most tokens from blockchains that Sesameseed represents. Coins supported at launch are TRX, ONT, ONG and ONE. As Sesameseed continues to integrate more blockchains into its staking ecosystem, many of their corresponding coins and tokens will be added to Sprout.\n\nSprout has integrated the SEED rewards token into the fabric of its staking mechanism. This allows Sprout to create the most dynamic staking experience and maximize staking rewards. While SEED is not required to use Sprout, there are many notable features available only with SEED.\n\n- Multichain staking from a diverse group of blockchains\n- Auto-staking rewards instantly enable higher earning potential\n- Compounding rewards that multiply earned rewards over time\n- Participation power means more rewards per staked token\n- Daily rewards distribution\n- 100% backed tokens redeemable anytime\n- Increasing SEED redeem value over time\n\nThere are several resources to learn more about SEED including the [Sesameseed Docs](https://docs.sesameseed.org) and [blog](https://steempeak.com/@sesameseedorg).\n\n#### Beta Launch\n\nSprout launched in public beta in April 2020. Features launched during public beta, such as staking, benefit from user feedback and bug reporting to continue improving the app experience and its content.\n\n#### Production Launch\n\nCurrently scheduled for production release on Q2 2020, Sprout will launch as the premier multichain staking platform and grow to deliver the most dynamic experience in blockchain.\n\n---\nTo learn more about Sesameseed visit our [website](http://bit.ly/2tljbtm). You may also connect with us on [Telegram](http://bit.ly/2SPVxDu), [Twitter](http://bit.ly/2UPR9X3), [Facebook](http://bit.ly/2GLzMP1), [Instagram](http://bit.ly/2GDRCmW), [LinkedIn](http://bit.ly/2TNwtu0), [YouTube](http://bit.ly/2tnpZ9y), and [Medium](http://bit.ly/2SvUQzZ).",
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      "author": "sesameseedorg",
      "permlink": "seed-multichain-peg-and-rewards",
      "title": "SEED multichain peg and rewards",
      "body": "<center>\n![logo](https://cdn-images-1.medium.com/max/800/1*DYu9kynCRpY1bg05eaQWEw.png)*SEED multi-chain peg and rewards update*\n</center>\n\nSince announcing its expansion into new blockchains, [Sesameseed](https://sesameseed.org) has shared some details of its new participation rewards model. This article will expand on the updates to the reward model and the SEED peg to help the community better understand the previously released information.\n\n* As of May 1, 2019 Sesameseed has been earning more rewards daily from node operation than SEED rewards distributed. The surplus amount of rewards is used to increase the pegged value of SEED.\n\n* More participation (e.g.: voting, staking) for Sesameseed across all blockchains means more rewards are earned, increasing the pegged value at an accelerated rate.\n\n* The reduction in daily SEED rewards to participants is offset by the constantly-increasing value of all SEED as the pegged value rises on all the represented blockchains.\n\n* Using conservative estimates, someone participating with 100K TRX will earn an average of 45 TRX equivalent a week. By the 12th week, they will be earning more TRX equivalent per week than with the old model. These results can vary depending on total participation (votes, staking) for Sesameseed.\n\n* To remain transparent on SEED pegging and reward distribution and provide overall health of SEED tokenomics, Sesameseed will publish a quarterly transparency report.\n\n## SEED Peg\n\nSEED is a pegged token. The pegged value represents a guaranteed amount of coins or tokens for which each SEED can be exchanged. It is important to note this is distinct from the **market value** of SEED, which is determined by external market forces outside of the control of Sesameseed. From its inception, the pegged value of SEED has been set to 1 TRX. In other words, for every 1 TRX earned by Sesameseed, 1 SEED token was created, and that token was backed by and redeemable for 1 TRX.\n\nThe current pegged value is determined by calculating the sum of all node rewards held by Sesameseed and dividing by the circulating supply of SEED.\n\n![current Pegged value](https://cdn-images-1.medium.com/max/9228/1*ZfiCMv68GS_Iicc5Wuhtvw.png)*Pegged value equals the sum of all node rewards divided by circulating supply of SEED*\n\nThis value is managed so Sesameseed will honor its promise that the pegged value of SEED can only rise and will never go lower than 1 TRX per 1 SEED. When Sesameseed earns more rewards than the amount of SEED tokens it distributes, the surplus amount of rewards increases the pegged value. This allows for each SEED to be exchanged for more than 1 TRX. The surplus amount can increase daily based on the node rewards of all represented blockchains. To guarantee the pegged value of SEED to TRX increases, a minimum of 10% of all node rewards will contribute to the pegged value every day. This contribution to the pegged value can be much larger as additional nodes are added or node rewards increase.\n\n> When Sesameseed earns more rewards than the amount of SEED tokens it distributes, the surplus amount of rewards increases the pegged value.\n\nFor example, if Sesameseed earns 150K TRX in one day, 100K SEED would be distributed as rewards and the remaining 50K TRX (33%) would be utilized to increase the peg. This demonstrates how increased participation by the community across all represented blockchains would increase the pegged value at a faster rate, and vice versa.\n\nTo illustrate differently, if the average daily amount of rewards earned is 125K TRX, and 100K SEED is distributed as rewards, the extra 25K TRX would increase the pegged value of SEED to TRX as follows:\n\n![comparing_chart](https://cdn-images-1.medium.com/max/4534/1*7jxSECPSA2Mkx5xsR8l0wg.png)*Every day 100K SEED is issued, while 25K TRX is utilized to increase the pegged value. It is important to note this chart is for illustration purposes and does not reflect actual values.*\n\nIn these examples, the rate creates a curve based on the total participation on the TRON blockchain, increasing the TRX pegged value faster if the node earns more rewards and slower if the node earns less. This is further visualized in the graph below, which compares the difference in the rate the pegged value of SEED:TRX increases when total rewards earned per day are 125K TRX versus 150K TRX.\n\n![curve](https://cdn-images-1.medium.com/max/2400/0*WVGbbTKGIgH7WzT9)*Flattening curves comparing the difference in the rate the pegged value of SEED:TRX increases when total rewards earned are 125K (black line) or at 150K TRX (red line). The pegged value increases much more rapidly when node rewards are increased.*\n\n## Reduction in SEED distributed as Daily Rewards\n\nA result of restricting the amount of SEED distributed is the reduction of SEED issued as a daily reward to the individual participant. However, this short-term reduction is offset by the increasing pegged value of prior and future earned SEED, which exerts its effect over time. Since the pegged value increases faster when Sesameseed earns more rewards, increased participation will hasten this effect. Representation on multiple blockchains will also have a direct effect on accelerating the pegged value.\n\nSesameseed is currently represented on another blockchain, the [Ontology blockchain](https://ont.io/). By operating a node on Ontology, Sesameseed earns rewards which enter into the calculation for the pegged value. This means each SEED token will be backed by both TRX and Ontology tokens. The sum total of rewards need to be factored in when adjusting for the rate of daily rewards as a result of the new SEED model, as shown in the figure below.\n\n![multichain](https://cdn-images-1.medium.com/max/2368/0*0obFFnUk7pK_DEEi)*When factoring in the pegged value of each blockchain, the value of each SEED token will be that much more. The black line represents the rising pegged value of SEED to TRX. When you calculate the amount of Ontology tokens backing each SEED into a TRX value, then that value of each SEED token increases at a faster rate.*\n\nUsing voting data from April 2019 when distribution was not limited to 100K SEED, someone participating (freezing and voting on TRON) with 100K TRX earned on average 52 SEED per week, which would have been equal to 52 TRX. Once daily distribution was restricted to 100K SEED or less, that average would have dropped to 43 SEED a week. By the end of that first week, each of those SEED tokens was worth 1.006 TRX, as well as 0.008 ONG. In other words, by the end of the first week, someone participating with 100K TRX earned on average 44.5 TRX equivalent a week, and by the 12th week will be earning *more* TRX equivalent per week (52.59) than with the old model. This effect can be seen in the table below, which uses very conservative projected rates for both the TRX and Ontology pegs.\n\nAs illustrated, the short-term reduction in daily rewards is eventually recovered as the pegged value increases. The rate at which the daily rewards recover and even outperform the old SEED model is accelerated exponentially by increased node rewards earned through participation and by each new blockchain that Sesameseed joins.\n\n![trx value](https://cdn-images-1.medium.com/max/7466/1*8b7hinz7Rrq6Ak2f7xJ70w.png)*Despite the reduction in daily rewards, the increasing peg value on TRON and Ontology means each SEED is more valuable. By the 12th week (highlighted section), the TRX value of daily SEED rewards starts to exceed the value when the pegged value was 1:1.*\n\n## Transparency and accountability\n\nThe daily increase in the pegged value of SEED is merely one guiding principle of the [new tokenomics model](http://bit.ly/2OvGi1D) Sesameseed has introduced. A series of updates is also planned to be released in the coming weeks, which will delve into other principles in much greater detail. These updates will include topics such as the mechanism of the Ontology pegged value, and how SEED participates and is issued across multiple blockchains. Sesameseed will be regularly examining several Key Performance Indicators (KPI) and making adjustments to the SEED economy as needed to maintain these guiding principles. This analysis will be published in a quarterly report, which will be readily available to the community.\n\n---\nTo learn more about Sesameseed visit our [website](http://bit.ly/2tljbtm). You may also connect with us on [Telegram](http://bit.ly/2SPVxDu), [Twitter](http://bit.ly/2UPR9X3), [Facebook](http://bit.ly/2GLzMP1), [Instagram](http://bit.ly/2GDRCmW), [LinkedIn](http://bit.ly/2TNwtu0), [YouTube](http://bit.ly/2tnpZ9y), and [Medium](http://bit.ly/2SvUQzZ).",
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      "body": "Congratulations @sesameseedorg!\nYour post was mentioned in the [Steem Hit Parade for newcomers](/hit-parade/@arcange/daily-hit-parade-for-newcomers-20190731) in the following category:\n\n* Pending payout - Ranked 7 with $ 3,5\n\nI also upvoted your post to increase its reward\nIf you like my work to promote newcomers and give them more visibility on the Steem blockchain, consider to [vote for my witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=arcange&approve=1)!",
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      "permlink": "steemitboard-notify-sesameseedorg-20190801t081456000z",
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      "body": "Congratulations @sesameseedorg! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :\n\n<table><tr><td><img src=\"https://steemitimages.com/60x70/http://steemitboard.com/@sesameseedorg/voted.png?201908010727\"></td><td>You received more than 250 upvotes. Your next target is to reach 500 upvotes.</td></tr>\n</table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@sesameseedorg) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=sesameseedorg)_</sub>\n<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>\n\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://medium.com/sesameseedorg/seed-multi-chain-peg-and-rewards-update-d23030e60a95",
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      "author": "sesameseedorg",
      "permlink": "seed-multichain-peg-and-rewards",
      "title": "SEED multichain peg and rewards",
      "body": "<center>\n![logo](https://cdn-images-1.medium.com/max/800/1*DYu9kynCRpY1bg05eaQWEw.png)*SEED multi-chain peg and rewards update*\n</center>\n\nSince announcing its expansion into new blockchains, [Sesameseed](https://sesameseed.org) has shared some details of its new participation rewards model. This article will expand on the updates to the reward model and the SEED peg to help the community better understand the previously released information.\n\n* As of May 1, 2019 Sesameseed has been earning more rewards daily from node operation than SEED rewards distributed. The surplus amount of rewards is used to increase the pegged value of SEED.\n\n* More participation (e.g.: voting, staking) for Sesameseed across all blockchains means more rewards are earned, increasing the pegged value at an accelerated rate.\n\n* The reduction in daily SEED rewards to participants is offset by the constantly-increasing value of all SEED as the pegged value rises on all the represented blockchains.\n\n* Using conservative estimates, someone participating with 100K TRX will earn an average of 45 TRX equivalent a week. By the 12th week, they will be earning more TRX equivalent per week than with the old model. These results can vary depending on total participation (votes, staking) for Sesameseed.\n\n* To remain transparent on SEED pegging and reward distribution and provide overall health of SEED tokenomics, Sesameseed will publish a quarterly transparency report.\n\n## SEED Peg\n\nSEED is a pegged token. The pegged value represents a guaranteed amount of coins or tokens for which each SEED can be exchanged. It is important to note this is distinct from the **market value** of SEED, which is determined by external market forces outside of the control of Sesameseed. From its inception, the pegged value of SEED has been set to 1 TRX. In other words, for every 1 TRX earned by Sesameseed, 1 SEED token was created, and that token was backed by and redeemable for 1 TRX.\n\nThe current pegged value is determined by calculating the sum of all node rewards held by Sesameseed and dividing by the circulating supply of SEED.\n\n![current Pegged value](https://cdn-images-1.medium.com/max/9228/1*ZfiCMv68GS_Iicc5Wuhtvw.png)*Pegged value equals the sum of all node rewards divided by circulating supply of SEED*\n\nThis value is managed so Sesameseed will honor its promise that the pegged value of SEED can only rise and will never go lower than 1 TRX per 1 SEED. When Sesameseed earns more rewards than the amount of SEED tokens it distributes, the surplus amount of rewards increases the pegged value. This allows for each SEED to be exchanged for more than 1 TRX. The surplus amount can increase daily based on the node rewards of all represented blockchains. To guarantee the pegged value of SEED to TRX increases, a minimum of 10% of all node rewards will contribute to the pegged value every day. This contribution to the pegged value can be much larger as additional nodes are added or node rewards increase.\n\n> When Sesameseed earns more rewards than the amount of SEED tokens it distributes, the surplus amount of rewards increases the pegged value.\n\nFor example, if Sesameseed earns 150K TRX in one day, 100K SEED would be distributed as rewards and the remaining 50K TRX (33%) would be utilized to increase the peg. This demonstrates how increased participation by the community across all represented blockchains would increase the pegged value at a faster rate, and vice versa.\n\nTo illustrate differently, if the average daily amount of rewards earned is 125K TRX, and 100K SEED is distributed as rewards, the extra 25K TRX would increase the pegged value of SEED to TRX as follows:\n\n![comparing_chart](https://cdn-images-1.medium.com/max/4534/1*7jxSECPSA2Mkx5xsR8l0wg.png)*Every day 100K SEED is issued, while 25K TRX is utilized to increase the pegged value. It is important to note this chart is for illustration purposes and does not reflect actual values.*\n\nIn these examples, the rate creates a curve based on the total participation on the TRON blockchain, increasing the TRX pegged value faster if the node earns more rewards and slower if the node earns less. This is further visualized in the graph below, which compares the difference in the rate the pegged value of SEED:TRX increases when total rewards earned per day are 125K TRX versus 150K TRX.\n\n![curve](https://cdn-images-1.medium.com/max/2400/0*WVGbbTKGIgH7WzT9)*Flattening curves comparing the difference in the rate the pegged value of SEED:TRX increases when total rewards earned are 125K (black line) or at 150K TRX (red line). The pegged value increases much more rapidly when node rewards are increased.*\n\n## Reduction in SEED distributed as Daily Rewards\n\nA result of restricting the amount of SEED distributed is the reduction of SEED issued as a daily reward to the individual participant. However, this short-term reduction is offset by the increasing pegged value of prior and future earned SEED, which exerts its effect over time. Since the pegged value increases faster when Sesameseed earns more rewards, increased participation will hasten this effect. Representation on multiple blockchains will also have a direct effect on accelerating the pegged value.\n\nSesameseed is currently represented on another blockchain, the [Ontology blockchain](https://ont.io/). By operating a node on Ontology, Sesameseed earns rewards which enter into the calculation for the pegged value. This means each SEED token will be backed by both TRX and Ontology tokens. The sum total of rewards need to be factored in when adjusting for the rate of daily rewards as a result of the new SEED model, as shown in the figure below.\n\n![multichain](https://cdn-images-1.medium.com/max/2368/0*0obFFnUk7pK_DEEi)*When factoring in the pegged value of each blockchain, the value of each SEED token will be that much more. The black line represents the rising pegged value of SEED to TRX. When you calculate the amount of Ontology tokens backing each SEED into a TRX value, then that value of each SEED token increases at a faster rate.*\n\nUsing voting data from April 2019 when distribution was not limited to 100K SEED, someone participating (freezing and voting on TRON) with 100K TRX earned on average 52 SEED per week, which would have been equal to 52 TRX. Once daily distribution was restricted to 100K SEED or less, that average would have dropped to 43 SEED a week. By the end of that first week, each of those SEED tokens was worth 1.006 TRX, as well as 0.008 ONG. In other words, by the end of the first week, someone participating with 100K TRX earned on average 44.5 TRX equivalent a week, and by the 12th week will be earning *more* TRX equivalent per week (52.59) than with the old model. This effect can be seen in the table below, which uses very conservative projected rates for both the TRX and Ontology pegs.\n\nAs illustrated, the short-term reduction in daily rewards is eventually recovered as the pegged value increases. The rate at which the daily rewards recover and even outperform the old SEED model is accelerated exponentially by increased node rewards earned through participation and by each new blockchain that Sesameseed joins.\n\n![trx value](https://cdn-images-1.medium.com/max/7466/1*8b7hinz7Rrq6Ak2f7xJ70w.png)*Despite the reduction in daily rewards, the increasing peg value on TRON and Ontology means each SEED is more valuable. By the 12th week (highlighted section), the TRX value of daily SEED rewards starts to exceed the value when the pegged value was 1:1.*\n\n## Transparency and accountability\n\nThe daily increase in the pegged value of SEED is merely one guiding principle of the [new tokenomics model](http://bit.ly/2OvGi1D) Sesameseed has introduced. A series of updates is also planned to be released in the coming weeks, which will delve into other principles in much greater detail. These updates will include topics such as the mechanism of the Ontology pegged value, and how SEED participates and is issued across multiple blockchains. Sesameseed will be regularly examining several Key Performance Indicators (KPI) and making adjustments to the SEED economy as needed to maintain these guiding principles. This analysis will be published in a quarterly report, which will be readily available to the community.\n\n---\nTo learn more about Sesameseed visit our [website](http://bit.ly/2tljbtm). You may also connect with us on [Telegram](http://bit.ly/2SPVxDu), [Twitter](http://bit.ly/2UPR9X3), [Facebook](http://bit.ly/2GLzMP1), [Instagram](http://bit.ly/2GDRCmW), [LinkedIn](http://bit.ly/2TNwtu0), [YouTube](http://bit.ly/2tnpZ9y), and [Medium](http://bit.ly/2SvUQzZ).",
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