MAP Rewarder: Distributed Rewards for 17 June 2018 (APR 20.1%)

This week's distributed profits are 0.385%, equivalent to an APR of 20.1%.

Let's lay out the different percentages to make them clearer.

Gross income inc. payouts = 0.516% [1]
Gross income ex-payouts = 0.481% [2]
Value of upvotes = 0.450% [3]
Adjusted value of upvotes = 0.365% (APR 19.0%) [4]
Distributed MAPR payouts = 0.385% (APR 20.1%) [5]
Total MAPR payouts = 0.452% [6]

[1] Gross income generated for the week.
[2] Gross income minus the random free upvotes and SBI shares given to delegators.
[3] Theoretical maximum value of upvotes, assuming 10 full upvotes at 100% power for 7 days.
[4] Theoretical value of upvote rewards, assuming 25% curation rewards and 50-50 split of post payouts.
[5] MAP Rewarder distributed payout sent to delegators this week; this is 80% of [2].
[6] Total payouts including [5] and random payouts and upvotes to MAP members.

Notice that MAP Rewarder is able to generate income higher than the theoretical maximum for pure upvotes - that is, [1] is greater than [3].

Notice our total value of payouts and upvotes is slightly higher than the theoretical maximum for pure upvotes - that is, [6] is slightly higher than [3].

Finally, our weekly distributed profits to delegators is higher than post rewards payouts - that is, [5] is higher than [4].

Profits will be paid today to SP delegators in STEEM.

To delegate SP to MAP Rewarder, please read our Introduction document.

If you do not have spare SP to delegate, then you can still follow our Curation Trail or Fanbase on SteemAuto (or follow us on Steem Voter), and gain some higher-than-average curation rewards; please read the Advice section below.

New Features - Random 100% Upvotes and Free SBI

I notice that many of our delegators have relatively modest amounts of SP delegated to MAP Rewarder. I appreciate their support, and they are earning a nice yield, but the weekly payouts obviously seem quite small. As part of MAP's mission is to support minnows, there will henceforth be two new forms of payout on top of the existing distribution: a random 100% upvote and a free SBI (SteemBasicIncome) share.

At the moment, this will be one random 100% upvote, given on a Friday. The only requirement is that the delegator must have published a post within the last 3 days that can be upvoted. I shall run a random number generator to select the winner; this will exclude accounts that manage MAP.

The SBI will be given out on a Saturday, please see MAP Rewarder Free SBI Saturday. Again, as SBIs are only valuable to upvote posts, the winner must show that they are posting regularly.

I hope this will stimulate some further delegations and will help some users make a significant return on their SP. But please remember that the first distributed profits will be received on the first Sunday after 7 day from the time of delegation - the cut-off is midday GMT on Sundays.

News

I have changed the layout of our numerical data; I hope the different numbers are slightly clearer!

Much of what I used to write here in the News section can now be read at the top of the article as addenda to the table.

All our percentages are calculated like-for-like based on STEEM so that these are real returns in STEEM per delegated SP (which is also priced in STEEM).

Those of you who delegate to bidbots and other income sources should look at your actual returns as a percentage of SP, priced in STEEM, rather than just SBD. I shall continue the current mixed strategy and see how this affects the following week.

One other metric to bear in mind, is the number of upvotes given to MAP members. This is slightly hidden within the key numbers above, but we can see that from the gross income of 0.516%, we have 0.035% given out as SBI shares and free upvotes to delegators, and 0.032% given as upvotes to minnow Mapsters; this leaves just 0.064% for management and MAP growth.

A reminder that we have two missions: to be profitable to delegators and to support our minnow content creators. The @accelerator account, ignoring the delegated SP, is growing slowly but steadily and forms the basis of our upvotes to minnows who are MAP members.

Advice

As part of our MAP Rewarder strategy, all posts by @accelerator will, at some point, receive an upvote from a bidbot. I usually leave this for a few hours to allow our followers to upvote our posts before the arrival of a larger upvote. I know that a few have noticed this and are taking advantage of the opportunity to earn some extra curation rewards. Look at any post with large upvotes and you will see that some of the early upvoters are earning back even more than their upvote! The power of mathematics. :-)

To do so means either following just the posts of @accelerator or also the upvotes given out. This can be done within an app such as SteemAuto. Using the language used on SteemAuto, following and upvoting just the @accelerator posts is called the Fanbase; following our upvotes to earn extra curation rewards is called the Curation Trail.

Free SBI Contest

This post does not have a new "Free SBI Contest"; please go to the @accelerator profile page and scroll down to see live articles.

Next rewards distribution will be on Sunday 24 June.

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Please Comment, Resteem and Upvote. Thanks!

@rycharde manages the AAKOM project and the MAP forum.

Check out the new MAP Rewarder for passive income!