From 1fdc59f400d83e94f0ebf86889af9ed7afabc433 Mon Sep 17 00:00:00 2001
From: iampratiktandel <iampratiktandel@gmail.com>
Date: Sun, 14 Jun 2020 23:46:38 +0530
Subject: [PATCH] updated new info in initiatives section

---
 tavern/index.html | 43 ++++++++++++++++++++++++-------------------
 1 file changed, 24 insertions(+), 19 deletions(-)

diff --git a/tavern/index.html b/tavern/index.html
index eb9a9f0..8e8e572 100644
--- a/tavern/index.html
+++ b/tavern/index.html
@@ -113,21 +113,23 @@
                       
                     <p>There are three tiers of funding for initiatives. 
                     Each tier has a maximum amount of LBC that can be requested:</p>
-                    <p>Tier 1 : 5,000 LBC</p>
-                    <p>Tier 2 : 10,000 LBC</p> 
-                    <p>Tier 3 : 20,000 LBC</p>
+                    <p>Tier 1 : 200 USD</p>
+                    <p>Tier 2 : 400 USD</p> 
+                    <p>Tier 3 : 800 USD</p>
 
                     <p>You must complete one initiative of a lower tier before you can request funding from a higher tier.
-                    In other words, complete a task with 5,000 LBC in order to ask for 10,000 LBC, 
-                    and complete a task with 10,000 LBC in order to ask for 20,000 LBC.
+                    In other words, complete a task with 200 USD in order to ask for 400 USD, 
+                    and complete a task with 10,000 LBC in order to ask for 800 USD.
                     </p>
+                    <p>The amount requested will be converted to LBC 
+                    based on the 30 day moving average price of LBC on the Bittrex exchange.</p>
                       
                     <p>To request funding for your initiative follow these steps:</p> 
                       <ol>
                         <li>Join the LBRY Discord server</li>
-                        <li>Give yourself a Developer, Contributor, or Creator role (whichever applies to you)</li>
-                        <li>Introduce yourself in the #Initiatives-Discussion channel</li>
-                        <li>In under 2000 characters, describe your initiative in the #Initiatives-Proposal channel</li>
+                        <li>Give yourself a role in the #hiveroles channel</li>
+                        <li>Introduce yourself in the #initiative-discussions channel</li>
+                        <li>In under 2000 characters, describe your initiative in the #initiative-proposals channel</li>
                         <li>Be sure to include an LBC address in your proposal</li>
                       </ol>
 
@@ -136,24 +138,27 @@
                         <li>What specific outcomes happen as a result of the funding?</li>
                         <li>How do these outcomes bring value to the LBRY network?</li>
                         <li>How can success be measured?</li>
-                        <li>How can success be measured?</li>
+                        <li>How long will the project take?</li>
                         <li>How long will the funding last?</li>
                       </ul> 
 
                     <p><strong>NOTE:</strong></p>
                       <ul>
-                        <li>Keep all discussion to the #Initiatives-Discussion channel.</li>
-                        <li>No single person can receive more than 20,000 LBC per month via initiatives.</li>
+                        <li>Keep all discussion to the #initiative-discussions  channel</li>
+                        <li>No single person can receive more than 800 USD per month via initiatives.</li>
                       </ul>
                   
-                    <p>Once you have shared your idea in the #Initiatives-Proposal channel, 
-                    people might ask questions in the #Initiatives-Discussion channel.</p> 
-                      
-                    <p>Your proposal is approved if and when 
-                    it gets five “Fry” emojis from people with the “Veteran” role on the server.</p>  
-                      
-                    <p>The requested LBC amount will be sent to the provided 
-                    LBC address within 24 hours of your initiative being approved.</p>  
+                    <p>Once you have shared your idea in the #initiative-proposals channel, 
+                    people might ask questions in the #initiative-discussions channel.</p> 
+                    
+                    <p>Do your best to answer them, and do not take criticism personally! We all want LBRY to succeed. </p>
+                    <p>If your proposal is rejected, rethink it and try again.</p>
+                    <!-- <p><strong>Voting:</strong></p>
+                    <ul>
+                      <li></li>
+                    </ul> -->
+                    <p>The requested LBC amount will be sent to the provided LBC address
+                    within 48 hours of the 24 hour period having passed.</p>  
                   </div>
                 </div>
               </div>