# MAP Rewarder: Distributed Rewards to Delegators for 15 July 2018 (APR 18.2%)

in accelerator •  5 months ago

This week's distributed profits are 0.376%, equivalent to an APR of 18.2%.

I write this in the middle of a relative calm before a new market storm. The values below may be very different in just a few hours, yet are still a useful snapshot to gauge the MAPR returns.

Let's lay out the different percentages to make them clearer. These are all calculated in terms of STEEM per SP.

Gross turnover inc. payouts = 0.479% [1]
Gross income ex-payouts = 0.436% [2]
Value of Steemit upvotes = 0.433% [3]
Distributed MAPR payouts = 0.349% (APR 18.2%) [5]
Total MAPR payouts = 0.392% (APR 20.4%) [6]

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

Note that MAP Rewarder is able to generate income higher than the theoretical maximum for pure upvotes - that is, [1] is greater than [3]. This includes upvotes to quality content curators and MAP Rewarder delegators.

Note that this week 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]. This is due mainly to the relative stability of prices over the past week.

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.

## Benefits of Delegating to MAP Rewarder

= a high weekly payout in STEEM. Our returns are higher than many other income sources on Steemit - just compare our returns with various bidbots. On top of this weekly payout, we have:

= free upvotes to delegators. These are currently set at 3% and come from my @rycharde account. These add a significant return, especially for smaller SP delegations.

= random free full upvote and free SBI share once per week. See our recent Free Vote Friday and Free SBI Saturday.

So, three different sources of rewards plus a high weekly payout!

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.

## How to Delegate to MAP Rewarder

You can also delegate using these links:

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.

## 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.

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

## Important News

We are in the middle of rather troubling conditions. We are bouncing around a support level; any break downwards from here could easily see cryptos halve in value. This is a consequence of the whole crypto market and not isolated to STEEM and SBD. However, there are also features of the Steem blockchain that users need to be aware of.

The SBD print rate rises and falls; currently at 28%, and you can see this on steemd.com at the foot of the right column. This means that, if you are receiving rewards at 50-50 split, you will receive only 28% of that 50% in SBD (so 14%) with the other 72% converted to STEEM. This makes no difference to the value in US\$, as shown on a post's pending rewards, but it does mean that the actual payouts are now close to those pending rewards - there is no longer an "uplift" because of the high SBD price.

Next rewards distribution will be on Sunday 22 July.

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Please Comment, Resteem and Upvote. Thanks!

@rycharde manages the AAKOM project and the MAP Trail.

Check out the new MAP Rewarder for passive income!

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Your information help me on steemit .

Congratz, your post has been resteemed and, who knows, will maybe appear in the next edition of the #dailyspotlights (Click on my face if you want to know more about me...)
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Pixresteemer is also listed as promoter on The Steemians Directory

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Thanks very much for all the recent resteems :-)

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You're on my list now... ;-)