MY FUNDS
On this Fund Management page, you can oversee and control the funds associated with your social media profiles. This intuitive interface allows fund owners to create, edit, and distribute funds, manage earnings, and monitor post interactions with ease. Below, we outline the main features available to help you maximize your fund's potential.
Create or Edit a Fund Description
As a fund owner, you can craft a compelling description to highlight its purpose and attract potential contributors. This description is visible to all users, so it should be clear and engaging to encourage participation. You can create a new description or update an existing one at any time to reflect changes in your fund’s goals or strategy.
How to Get Started:
- Go to the “Fund Description” section.
- Write or edit your description, ensuring it highlights your fund’s value and vision.
- Save changes to make the updated description visible to other users.
Distribute Accumulated Funds
Fund owners can distribute accumulated tokens to users who have invested in the fund by holding fund tokens (shares). Distributions can be initiated at any time, provided the per-share amount exceeds the minimum threshold of 0.000001 $LLK. This ensures fairness and transparency in the distribution process.
Steps to Distribute Funds:
- Access the “Distribute Funds” section.
- Verify that the minimum distribution amount per share is met.
- Confirm the distribution to allocate tokens to shareholders.
Withdraw Your Fund’s Earnings
As a fund owner, you can generate income through two main methods:
- Contribution Fees: Earn a 2.75% fee on each contribution to your fund, with a minimum fee of $0.000001 $LLK. These fees are automatically credited to your account with each contribution.
- Post Interaction Conversions: When users convert interactions (e.g., “likes”) from posts linked to your fund, you receive 100% of the “likes” as part of the conversion process. These “likes” are then converted into $LLK tokens during the platform’s daily token distribution.
You can transfer your accumulated earnings to your personal balance at any time.
How to Withdraw Earnings:
- Visit the “Withdraw Earnings” section.
- Review your available earnings.
- Initiate a transfer to move the funds to your balance.
Manage Post Interaction Conversions
Fund owners have full control over whether to allow interaction conversions on posts linked to their fund. Interaction conversions enable users to transform post interactions (e.g., “likes”) into $LLK tokens. You can also monitor and manage these conversions to ensure they align with your fund’s goals.
Key Management Options:
- Enable/Disable Conversions: Turn on or off the ability for users to convert interactions on posts linked to your fund.
- View Conversion Details: Access a detailed log of registered posts and their conversion activity to track performance and engagement.
View Earnings Withdrawal History
Stay informed about your financial activity with a comprehensive record of all earnings withdrawals. The “Earnings Withdrawals” section provides a transparent view of your past transactions, including dates, amounts, and statuses. This feature helps you track your income and plan future withdrawals effectively.
How to Access Withdrawal History:
- Go to the “Earnings Withdrawals” section.
- Explore the list of previous withdrawals for full transparency.
Why Manage Your Fund?
By actively managing your fund, you can build a thriving community of contributors, monetize your social media presence, and leverage post interactions to maximize your income. Whether you’re creating a fund to support a creative project, a cause, or a business venture, these tools empower you to achieve success.
$LLK
