SMTs Coming To Daybit Exchange: The Beginning Of The Future. (& Our Weekly Updates)

in #actifit5 years ago

SMTs On Daybit Exchange

In an initiative lead by Steemhunt team, we are happy to announce that Actifit decided to, alongside several Steem dapps, join the first move towards having Steem-based tokens (future SMTs) available on an active exchange, namely Daybit exchange.

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We believe this move opens the doors towards a large market growth for Steem projects/dapps, and for the Steem blockchain overall, utilizing existing protocol (ERC20), which was initially one of the options for Actifit upon its initiation, until SMTs are made available.

Relying on this protocol allows future expansion to all projects on a bulk of exchanges, as it is the industry's current standard. Later swap to SMTs is planned once they are available as detailed in the plan below.

Projects & Dapps Taking Part

Several Steem-based dapps & projects decided to be among the first batch to join this initiative, and those include @steemhunt, @actifit, @esteemapp, @utopian-io, @fundition, @tasteem, @trips.teem, @dclick, @ntopaz, @kpopsteem.
Other projects have shown interest in the project already, and might join soon.

MoU & Action Plan

Via this move, and based on an MoU that was signed between our friends at @steemhunt and Daybit, below is the projected action plan:

  1. Listing STEEM and SBD on Daybit.
  2. Listing an interim version of SMT-projected tokens on Daybit with STEEM trade pairs. The tokens will be listed under an existing standard such as ERC20.
  3. Supporting raising funds for SMT projects via Initial Exchange Offering process, supported by Daybit.
  4. Once SMTs are launched, Daybit to support token swap of those interim tokens to the full SMT version.
  5. Supporting FIAT trade pairs for the SMT tokens with enough market volume.
    We will commence in the coming few days more detailed & direct discussions with the Daybit team on a project by project basis to work out all the details.
Why Not Steem Engine?

As we mentioned in last week's update, we had booked our AFIT tokens on steem-engine, a great initiative by @aggroed and team.

Yet as we were pursuing the other initiative with Daybit, we believe to reach a wide-spread growth, adoption, and raise funds, we need proper entry points to platforms and exchanges via existing protocols, and this move comes as a potential first initiative to accomplish that, hence our decision to move ahead with it instead.

Daybit Exchange

Daybit is a Korean-based exchange, which has had a fast & successful launch reaching top 12 exchanges within 12 weeks of its launch. A product of a large blockchain company, Chain Partners, it has the potential to rebound again. The current stance makes it a perfect opportunity for both Steem-based tokens and the exchange itself to kick off a very fruitful and successful launch, reflecting positively to both ends.

Feel free to checkout and join Daybit exchange as we get ready to kick this off!

AFIT Token Listing, Stats, & STEEM Payouts Sent

During last week, our different actifitters and delegators piled up more tokens. To date, Actifit has distributed over 24.3 Million AFIT tokens, to 37K+ token holders and 54K+ reported activity.

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We also sent out today our weekly STEEM delegators share, which went out to 441 delegators (compared to 439 last week), with a total amount of 191.363 STEEM and 0.775 SBD (compared to 174.183 STEEM and 0.011 SBD last week).

P.S.: STEEM amount includes both SP and STEEM rewards for delegators, whereby each delegator receives liquid STEEM as a total for both amounts.


Back to AFIT tokens. As per our weekly approach, you can check out our top 100 AFIT token holders below.

Keep in mind that you can check your AFIT token balance by visiting actifit.io or via our mobile app Android or iOS.

#Token HolderAFIT Tokens Held
1@freedom2,055,368.461
2@julialee661,724,613.619
3@chairmanlee1,623,694.007
4@humanearl890,366.116
5@trumpman658,469.176
6@mobbs631,493.484
7@rosatravels627,737.594
8@fitat40577,515.854
9@selfvotejustice576,929.060
10@fedesox550,008.270
11@flauwy549,274.391
12@cryptoeera434,937.761
13@taskmaster4450368,704.954
14@elfman2018275,437.782
15@justtryme90256,952.325
16@michelios254,663.745
17@onetin84241,234.355
18@holbein81225,839.357
19@toocurious214,172.102
20@j85063201,796.138
21@ruth-girl194,235.774
22@onealfa193,703.092
23@parejan179,739.342
24@pault70178,987.559
25@roknavy178,849.084
26@tangerinetravels175,730.768
27@buckydurddle142,402.276
28@wil.metcalfe138,818.535
29@biophil133,547.461
30@thing-2124,492.153
31@organduo112,056.047
32@shanibeer110,390.214
33@extremejogging105,998.496
34@davedickeyyall103,881.779
35@ervin-lemark98,940.769
36@michealb97,454.007
37@direwolf90,578.522
38@beachready88,654.017
39@egotheist88,400.573
40@elementm83,999.692
41@dandesign8681,775.601
42@sunray79,743.453
43@forhappywomen75,091.812
44@trevonjb74,692.891
45@rhanna10km74,208.528
46@kaylinart73,517.547
47@shellyduncan71,009.982
48@myjourney70,826.597
49@dr-frankenstein68,402.150
50@supersoju66,150.811
51@seareader165,617.214
52@edgarsart65,185.263
53@astrophoto.kevin64,716.782
54@jznsamuel64,712.921
55@actifit-peter64,189.658
56@moderndayhippie63,302.550
57@acidzapps58,839.645
58@rehan1258,825.928
59@plokmi56,758.075
60@axeman56,382.846
61@neworleans55,654.399
62@eftnow53,721.212
63@syedubair52,955.495
64@birdbanter49,652.425
65@amico49,413.165
66@arabsteem48,760.723
67@gattino47,558.257
68@abigail-dantes47,111.941
69@ciuoto46,993.640
70@sirknight46,755.726
71@drakos45,548.613
72@stats-generator45,543.396
73@thereikiforest45,000.646
74@georgemales44,572.886
75@fotogruppemunich43,998.431
76@preparedwombat42,142.651
77@lordneroo41,414.051
78@wolf0941,226.495
79@dylanhobalart39,625.389
80@kenny-crane38,726.857
81@phelimint37,925.350
82@favcau37,176.182
83@movingman37,001.375
84@infidel125836,264.916
85@thebluewin36,256.179
86@abh1234535,740.732
87@elevator0934,961.840
88@travelling-two34,901.705
89@niallon1133,109.592
90@ticket4fun32,968.478
91@jaraumoses32,263.756
92@r2cornell32,236.454
93@felander32,187.259
94@tarazkp31,956.952
95@browery31,944.373
96@martusamak31,609.288
97@flemingfarm31,387.444
98@kokadi31,289.324
99@giddyupngo31,253.761
100@strev31,027.383
Witness Status

In terms of our witness status, as highlighed in prior updates, we have made an upgrade to our witness server to be able to handle the increasing size of the blockchain, but also made an upgrade to v0.20.9.
Our witness server continues to run smoothly. Below are some stats from last week:

  • We are now ranked at 42 spot, both as actual and active rank.
  • We received votes from 606 steemians, compared to 582 last week. Thank you for the increased support!
  • No blocks were missed during the last week. Since our launch of the witness server, we have missed a single block.
  • We are witnessing an average of 21 blocks per day.

To vote for our witness, use this direct link
Or visit Steemit's witnesses page, scroll down to Actifit, and click the small upvote arrow.

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To learn more about Why you should vote for Actifit, and why voting for our witness is great for Steem, check out this blog

Top Daily Actifitters

Our latest voting round included 301 activity reports.
Below are the top 20 actifitters from this round. Well done guys !!

RankActifit MemberUser RankActivity CountAFITs Rewarded@actifit UpvotePost Link
#1@mhm-philippines39.51647484.875 Tokens6.59%post
#2@runridefly491034283.25 Tokens6.46%post
#3@actifit-peter531215882.25 Tokens6.39%post
#4@bluengel46.53777780.625 Tokens6.26%post
#5@stats-generator48.51350379.125 Tokens6.14%post
#6@kenny-crane481400377 Tokens5.98%post
#7@thereikiforest48.5924876.125 Tokens5.91%post
#8@vesytz43.51351575.875 Tokens5.89%post
#9@practicaleric48.51432175.125 Tokens5.83%post
#10@blueeyes896041.51177373.875 Tokens5.74%post
#11@masoom43.52142173.875 Tokens5.74%post
#12@roger512043.54638669.875 Tokens5.42%post
#13@j85063561283369 Tokens5.36%post
#14@cryptospa46.51105168.625 Tokens5.33%post
#15@axeman541673468.5 Tokens5.32%post
#16@astrophoto.kevin541276166.5 Tokens5.16%post
#17@felt.buzz43.51399165.875 Tokens5.11%post
#18@chireerocks421217465.5 Tokens5.08%post
#19@ervin-lemark542560565.5 Tokens5.08%post
#20@psyceratopsb33923462.25 Tokens4.83%post

A kind reminder to all actifitters: some versions of esteem app still cause issues when used to edit your reports, via removing essential info Actifit uses to identify proper reports. This prevents related reports from receiving rewards.
Until this issue is officially fixed via the esteem team, we advise that you use other Steem interfaces for editing, including our own actifit.io, steemit, busy or others.

Doubled UP Rewarded Actifitter

Today's Random Double Up Reward went to @lamp-of-majin!
This lead to doubling up the AFIT token rewards and the STEEM upvote value, and also to leading the list of top rewarded actifitters.
Congrats!

RankActifit MemberUser RankActivity CountAFITs Rewarded@actifit UpvotePost Link
#200@lamp-of-majin9532038.5 Tokens2.99%post

Will your rewards get doubled UP tomorrow? :)

Our Newest Actifitters

In case this is the first time you see this section, essentially it aims to introduce new actifitters to our amazing community.

During the last voting round, we were happy to welcome the below new actifitters, joining more than 1,900 unique users who had posted an actifit report.

Our recent joiners are: @rubix1901, @filnette, @cekopaspas, @bitrocker2020, @blazinowls, @snowman1, @theycallmelula, @ntowl, @yann0975, @gear.nsnow and @olaexcel.
Feel free to check out their recent reports and welcome them to the Actifit community!

Delegation Status

Actifit continues to receive great delegations and support by more members of our community.
Below is the recent delegation updates' list:
@rehan12(1,050 SP)
@liewsc(10 SP)
@tanzy(10 SP)
@jacktan(10 SP)
@axeman(2,000 SP)
@runridefly(1,017 SP)
@mhm-philippines(500 SP)
@stats-generator(107 SP)
@bluengel(382 SP)
@flash07(200 SP)

Accordingly, @actifit account is now at 270,305 SP

Thank you to all delegators for the wonderful support! To see the list of all our delegators, check out actifit.io/delegators

The amount of delegated SP has a large influence over not only the daily/weekly delegation reward, but also on the amount of rewards the actifitter receives on daily reports, as it constitutes a key element in User Rank.

Which is why being an Actifit delegator now has more influence on your rewards, coupled with number of AFIT tokens and other factors highlighted before.

Delegators share a max cap of 100K AFIT tokens according to their delegation amount, and also earn a 5% beneficiary reward from actifit posts' beneficiary earnings.

Since many ask, here we describe again an easy way to calculate your AFIT tokens for a full day of delegations:
(Your Delegated SP) * 100,000 AFIT MAX / (Actifit Account Delegated SP - without account own SP and any delegators who opted out).
So for instance if you had delegated 100 SP, your daily earnings would be around:
100 * 100,000 / 258,000 = 38.75 AFITs

We are appreciative of more delegations to be able to better award actifitters and support our project, so thank you for doing that !

When you are looking to increase your delegation, you need to use the new total amount as the delegation amount, and not only the increased amount. Otherwise only the new amount will be used, and the remaining amount will be undelegated.


@actifit Team


To delegate to Actifit, you can use any of the following links:
10SP, 20SP, 30SP, 50SP, 100SP, 250SP, 500SP, 1,000SP, 5,000SP, 10,000SP, 20,000SP, Custom Amount
Make sure you have at least 15 SP left on your account.

consider voting for Actifit as witness

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Our Top Delegators
An additional big thank you to some of our top supporters

@freedom | @fitat40 | @humanearl | @selfvotejustice | @taskmaster4450 | @trumpman | @mobbs | @fedesox | @justtryme90 | @pault70 | @wil.metcalfe | @organduo

Our wonderful ambassadors

@flauwy| @taskmaster4450|@rosatravels | @toocurious | @jasonshick

Our amazing moderators

@alfamano| @katerinaramm|@kpreddy| @ciuoto| @thereikiforest| @vishalsingh4997| @stats-generator | @rabihfarhat

Thanks to @katerinaramm for the daily image design

Haven't downloaded Actifit yet? download it from the playstore or from the app store and start your journey to fitness and rewards!

@actifit team

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Hello, @actifit!

Thank you for another rather informative update. It's great to read the news regarding the upcoming listing on Daybit; as I have said before, the future looks bright. The action plan looks solid, and Daybit is a trusted exchange with huge potential.

Once again, your post is detailed and well-illustrated with relevant graphic content and dividers. The post is also extensive and editorial, and contains useful information regarding your witness and delegation status, as well as the recent developments. I appreciate the fact that you presented all the information in a simplified manner; your posts are always fun to read, and that was the case this time as well.

In conclusion, this is another nice contribution from you. I look forward to your next one.

Your contribution has been evaluated according to Utopian policies and guidelines, as well as a predefined set of questions pertaining to the category.

To view those questions and the relevant answers related to your post, click here.


Need help? Chat with us on Discord.

[utopian-moderator]

Thank you for your review, @lordneroo! Keep up the good work!

Awesome work team! I’m excited for this new exchange.

Definitely an interesting prospect. We will all be watching eagerly to see how it all plays out with the tokens and the exchange. It's a pity that SMT's aren't on the radar for the moment but this is still a good move.

The move towards Daybit is bittersweet but totally understandable given the needs for projects to be funded and creating an active market for the assets. However, it also brings the added layer of needing interoperability with another blockchain considering its use of ERC-20 protocols. I look forward to the developments and the future it can bring to the great Dapps being developed!

Posted using Partiko iOS

WOW! at last! you did it!... what a great move! We believe in you!
Let's start the real deal! :P~~~~

Nice update team happy to hear that.....i really wish to see even actifit token on exchange...soon

Posted using Partiko Android

A courageous move, I would say. Never heard of Daybit which is no hindrance not to use ti, of course :)

So, when I understand it correctly:

  • there won't be any real tokens, just ERC20-like tokens kept in the books of Daybit,
  • when SMT related hardfork of STeem is launched, Daybit will support it and convert these fake tokens into real SMT tokens,
  • then we will be able to trade them for Steem / SBD and possibly for fiat or any other asset like BTC

Correct?

Is there any trading planned before SMT launch?

Thanks for your answers and sorry when I misunderstood anything ...

Thank you @ervin-lemark,
Although the discussion is about to initialize directly with Daybit to thoroughly understand how it will go, yet our perception is as follows in terms of answering your questions:

there won't be any real tokens, just ERC20-like tokens kept in the books of Daybit,

Actually the intention is to have the tokens as full ERC20, so as they will be available for use on any other exchange, store-able on ETH wallets, and as the migration is ready they will be swapped back to SMTs.

when SMT related hardfork of STeem is launched, Daybit will support it and convert these fake tokens into real SMT tokens,

Not fake tokens, real tokens, and yes they will be migrated back to SMTs.

then we will be able to trade them for Steem / SBD and possibly for fiat or any other asset like BTC

Once we go live with Daybit exchange, with ERC20 tokens, you will be able to directly trade them against any assets, such as BTC or others that are supported on Daybit. In terms of FIAT, I believe being a korean exchange they would only support KRW (Korean currency)

Is there any trading planned before SMT launch?

I believe the above answers that, but also we are planning an even sooner approach to allow exchanging AFIT tokens, if it works we will announce it ASAP :)

Thanks a lot for all your answers.

I believe you are aware of the issue with all the ERC20 tokens. You need the proper ETH wallet (OK, web wallet will do) and some liquid ETH in it when you want to move these tokens to pay for gas.

Of course, you don't need this when you are using exchanges only.

There is this distinction between the exchange wallet and real ETH wallet (including with the story who is in control of the private keys) that people skip to understand.

And then there is ethereum gas, one of the more obscure concepts in the blockchain world :)

I hope that all goes well and that there won't be any unnecessary confusion...

Very exciting times for us steemians, and Actifiters.

But why cant actifit launch on Steem Engine and this kther exchange? Too much at one time?

Posted using Partiko Android

They have different protocols for tokens, and although not impossible yet it would complicate things. Our decision right now does not alienate any other options, as we might also launch another interim solution for exchanging AFIT tokens based on our current setup for tracking tokens. Stay tuned.

Love the progress that both actifit and the whole SMT community are making. Great things coming

When is Daybit going to start listing STEEM and SBD.. I don't see it currently..

As mentioned on the plans, first step is listing STEEM and SBD, which should happen around March in a few weeks :)

Excellent @mcfarhat, I am excited to see this growth with @actifit. The world is getting more fitnesses conscious, and I believe this will catch on like wildfire!
My older son works for a large oil refinery, and they provide Fitbit’s for both him and his wife for free. The idea is if there employee’s and there families stay healthy there family’s health cost will be reduced.
With @actifit is syncing with Fitbit, and Steem listed on another exchange, I see this growing exponentially 🤗
Resteemed 😊

Coin Marketplace

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TRX 0.11
JST 0.034
BTC 66569.64
ETH 3235.92
USDT 1.00
SBD 4.31