How to Delegate Steem Power the easy way if you have over 30 SP you can delegate. (Minnowsupport)

in delegate •  2 years ago  (edited)

Hey steemers,

Quick video on delegation to any one who wants to share the love. Real simple way!

Thanks for watching.

Step 1:

In order to Delegate SP you need to convert to Vests its a bit tricky.

  1. in order to find your numbers go to https://steemd.com and look for steem_per_mvests.
  2. you want to calculate 1,000,000 and divide the steem_per_mvests and multiple by amount of steem power you want to delegate.

Step 2:

Here is an example where I delegated 100 SP to @minnowsupport you must use the link below from busy.org
https://v2.steemconnect.com/sign/delegateVestingShares?delegator=zeartul&delegatee=minnowsupport&vesting_shares=207998.115079 VESTS#

where it says my user name zeartul you would replace with your name and I will be delegating to minnowsupport and my vests for 100 Steem power are 207998.115079 make sure you have 6 digits after the decimal or you will get an error.

Step 3:

You copy that URL and paste into your browser and you will see a screen like this with your name and the account you are going to delegate to which for me is minnowsupport
minnow.PNG

after you click continue it will ask for you user name and your active key, make sure to not use your owner key.

once its confirmed you will see a message saying succes.
5.PNG

You cannot power down delegated SP. If you want to take back the delegation just enter 0.000000 for the vests.

If you liked this video/ tutorial have a look at my previous posts.

IF THIS WAS HELPFUL TO YOU, PLEASE GIVE IT A VOTE.

Get informed and Join the future: https://discord.gg/HYj4yvw

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For those with confusion on the formula, here's the deal:

(1000000/steem_per_mvests) x SP
where steem_per_mvests can be found here: https://steemd.com/ and SP is the # of Steem Power you want to delegate.

i.e. I want to delegate 50, steem_per_mvests is currently 483.211, so...

(1000000/483.211)x50
( 2069.489312)x50

103,474.465606 remembering it must go to 6 decimal places.

ALSO when copying the link the author provided, be sure to include the VESTS# in what you copy, or it won't work.

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Congratulations! This post has been upvoted from the communal account, @minnowsupport, by justinchase from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.

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Yup awesome man! Thank you for elaborating.

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Im new what. Is this mean

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If you have enough over 30 Steem power you can share it to who ever you want. Having more SP means you have more voting weight.

I have made this a bit simpler: Simple SP Delegation UI. :)
The steemconnect automatically convert VESTS to SP.

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That is great thank you. Mind if I make a post on it?

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Go ahead, thanks!

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wow dude this rocks, thanks!

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@justyy I seem to get an error when i try to use your tool. Any idea why?

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Hi, you have only 6.6 SP (in other words you can't delegate SP that don't belong to you)

Thanks for making the video. Between that and a trip over to the awesome Peace, Abundance and Liberty discord channel, I had no problem delegating some SP.

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Awesome glad you got to be able to share your SP.

Hi, Thanks so much for this post - only last week I was wondering how to delegate some of my SP as my two children are recently joined steem and I want to support them but giving them extra SP!

So I am so happy to find this post as before all I had found was how to do it via using complicated programming language - too scary for me!

I wonder if you delegate your SP to others, whether as new Steem is created and those with Steem Power are allocated their share (to mitigate the inflationary effect), this steem is given to the actual SP holder or the person delegated this. Does anyone know this?!

Have a beautiful day y'all ;-)

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Hey sorry for your question not being answered , no new steem does not migrate to them. The only SP is the one you delegate to them.

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thanks so much ;-)

thanks. now i know how to delegate power, how can i undelegate back tho?

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This comment gets a 12.50 % upvote thanks to @wilkinshui - Hail Eris !

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Hello,

After you are done delegating do the same steps but now enter, 0.000000

Than once you confirm you have a 7 day waiting period.

Definitely following you for informative Post like this, heads up to more posting on Steemit

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Thank you very much for the follow! I appreciate it.

Critical Question: This post is suggesting people go over to www.steamconnect.com and enter their credentials. But who is the owner of steemconnect.com and why should we be entering our credentials there in order to delegate on www.stemit.com (the official site)? Per this: https://who.is/whois/steemconnect.com the owner is Marino Fabien in France. Why is this person the intermediary for this type of transaction? Is there a possibility this is a Phishing scam to enter your key into a site that can then log it and use it improperly? Can someone knowledgeable in the Steemit Community please advise asap? Thanks in advance!

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  ·  2 years ago (edited)

Busy.org is the site (steemconnect.com) is a tool.

And the official site is steemit.com, not stemit.com Don't worry it is crediable.

Thank you for sharing this information

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Any time make sure to follow for more info.

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Okay

Upvoted by the xx-votesplus curation trail! Want more earnings? Follow @dropahead in Streemian https://streemian.com/profile/curationtrail/trailing/396 and/or delegate some STEEM POWER to @dropahead! Keep up the good work!

Great tutorial, thanks for this. I just managed to delegate 10SP to @minnowsupport so it does work for under 30.

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That is great so it is lower then 30 sweet find, thank you.

This post received a 1.7% upvote from @randowhale thanks to @zeartul! For more information, click here!

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  ·  2 years ago (edited)

You know its good @zeartul when you get some whale power. I wonder what save the whales would say though, surely all these whales wondering about steem must mean they arent going extinct after all.

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It is good to share info as well.

Hi friend, I have an appointment
Put 0.000000 to recover the delegation of 100,582 but now I get this way

It is normal?
My vote ceased to be valid, and my Voting Power has not gone up any more

Might you help me

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Now you have a 7 day waiting period my friend.

Thank you for sharing

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No problem.

Very nice information my friend

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Thank you.

Great work. This will help the community especially for minnows!

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That is the plan!

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Yes! I saw you're conversation with @aggroed on future devopment of minnowsupport. Its great to have you in PAL. You're so brilliant!

hey sir, i'm a newbie from philippines can i ask a question?

  • what exactly will happen if we Power Down our SP?

thanks sir.

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Hi keshawn,

I believe I could help with your question. Powering down your SP basically converts your SP it back to STEEM, but over 13 weeks. Once you have your STEEM, then you can sell it for bitcoin. The thing is, SP is a better long term investment, so keeping your funds mostly in SP will benefit you the most for the long term.

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@sevenstars since you are volunteering information how do you convert Steem Dollars to Steem Power?

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Use the market button to use the steem dollars to buy steem. Then power it up.

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What he said ^^

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Brilliant Thank you both.

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13 weeks? too long... Lol, so you're saying that it's better to stored/preserve our SP to make a long term investment? how about converting SP to USD... can i do that sir?

thanks for this sir,

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Yes long term hold steem, and you get high weight on your votes.

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ok sir, thank you so much!!

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Thanks for responding! Great response.

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Thanks @zeartul. Btw protoss was my favorite race to play in SC. I loved doing dark templar drops on the suv/drone/probe lines. Sometomes I'd even add a few dragoons to distract people from the DT's for those few extra seconds.

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It means you're withdrawing steem from the steem power balance. As a new user powering down doesn't pay much steem at all and really is pointless, cheers!

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What is it im new. To steemit

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ohw.. now i get it... lol, thanks for your information, atleast now i slowly understand how this steem works.

Resteeming and saving so I can figure this all out. Thank you

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Yes! no thank you.

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I'm steemiteze challenged lol

wow wow wow
Thank you very much

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Not a problem!

Extremely helpful video and something new to me. Thanks for sharing. One more tool to my bookmarks. Yay! 🌟

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many more tools to come!

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  ·  2 years ago (edited)

Will watch out. Just tried to donate 30 SP with this URL and could NOT get it to work yet. There is no error as well; the spinner simply keeps going around

Nice, sign me up for 10,000 sp ;)

Well done @zeartul - excellent post - resteemed :)

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Thank you very very much!

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I'm also going to push your post in my Daily Dose video today so that will drive more traffic to you @zeartul :))

Thanks very much for this. I was just wondering how delegation works :) Great timing.

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I'm still wondering what delegation is!

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Delegation is a way for me to loan my Steem Power to another user. That way they have more voting power (and earning potential).

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Ah. Thanks for explaining. Do you get anything back for loaning SP?

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You get the pleasure of growing the network and helping out others. You can get your SP back at anytime. In fact new users are delegated some steem when they start as well.

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Yes you do not get any curation Sp for delegating. like amexperts said just the joy!

nice Post, im new here. could somebody follow my Storys @nelke2010

Very helpful video. Thank you for breaking it down this way. I need to join minnow support as I am too small :-)

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Yea no problem!

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:)

This is great! Thank you very much @zeartul :)

Keep up the great work & Happy Steeming!

Much Love <3

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Thank you very much for this comment!

Ok, I think I delegated about 100sp but there is a service interruption, so we will wait and see....

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Thank you.

great tutorial,have been trying to figure it how to delegate steem power for long,this video just save my ass lol. kindly follow me @cryptohunt

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Hey I am glad it helped! following.

how long delegation lasts, and can we set a time frame for it?

Nice post, question, how do I conclude a delegation?

Super helpful thank you so so much I was dying for an explanation of this process thank you!!:-)

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Glad I can pass the knowledge.

Thank you for helping this newb out

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Hey thank you for liking it :)

good work - i was wondering what a vests is and this helped me understand -- i am new and want to help the whole network grow - i am following you too

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That is really great of you, helping steemit grow is for the best!

Not working for me :(

delegation-error.png

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If you are trying to delegate all your SP you won't be able to, for bandwidth purposes so do 5 less SP.

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I'm trying to delegate about 10% of my current SP, weird...

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Self answering! You can't delegate SP that is currently under a Power Down

The taking back doesn't work for me. Do you know another day to take back delegation please?

Hey so I was just wondering, how do you cancel delegation once you already made it?

how to get that steempower back?

how exactly do i get delegation steem?How can i increase it? thank you!

Good points in this post. I was about to post a similair thread. Cryptos are currently high risk. But the market will find it's way and blockchain is here to stay. I was wondering if anyone of you uses: https://www.coincheckup.com This site did all the research for you. It's truly amazing.

Thanks for your post and the value it provided me! I heard that you benefit much more by delegating Steem to individual users as opposed to bots. How can I see which users want to borrow steem and how can I delegate Steem to them?

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Hey man thanks for checking up on my post, I am looking for some delegation.

Contact me on discord or steemit.chat name is zeartul for both.

Fantastic. Thanks for the work you put into this. It's going to make a great place even better!

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Hey thank you man.

nice!! excelent

I would like to delegate 1813 steem power, is this the correct formula? This is what I come up with using this formula:

(1000000/steem_per_mvests) x SP-you-want-to-delegate
So you get (2051.5471743) x 1813

https://v2.steemconnect.com/sign/delegateVestingShares?delegator=jeffberwick&delegatee=tribesteemup&vesting_shares=3719455.0270059 VESTS#

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Holy fuck man! He's a known scammer in the midst of scandal and you are offering him delegation?

Thanks for this information, let me try it out