Tutorial - How to Delegate SP to another user using the SteemConnect tool from Busy.org!

in delegation •  last year

Have you ever wanted to delegate SP to one of your friends? Now you can! The SteemConnect tool from Busy.org lets you delegate SP to another account without needing to run a complicated API tool =)

Before using the tool, please read through the entire post and make sure you understand how it works. Some math is required ;)

Step 1 - Convert the SP amount to 'VESTS':

Before you can delegate SP, you will need to convert the amount of STEEM that you want to delegate into 'VESTS'.

  1. Go to https://steemd.com/ and lookup the number steem_per_mvests.
  2. Calculate (1,000,000 / steem_per_mvests) * amount_of_STEEM_you_want_to_delegate.
  3. Round/trim the number so you have exactly 6 digits after the decimal. Include all six numbers, even if the last one(s) are zeros.
  4. Make sure you have at least that amount of SP currently in your account powered up.

As an example, the current steem_per_mvests is 482.923. If you wanted to delegate 50 STEEM of SP to a friend, it would be (1,000,000 / 482.923) * 50 = 103536.174504.

Step 2 - Plug the values into the SteemConnect URL

You will need to plug in 3 pieces of information into the URL:
https://v2.steemconnect.com/sign/delegateVestingShares?delegator=youraccount&delegatee=theiraccount&vesting_shares=N.NNNNNN%20VESTS

  1. Plug in your account name in place of youraccount.
  2. Plug in the account name of the person you want to delegate to in place of theiraccount.
  3. Plug in the amount of vests you calculated in the previous step in place of N.NNNNNN.

Using the example above, if I ( @timcliff ) wanted to delegate 50 SP to my spouse ( @artist1989 ), the URL would look like this:
https://v2.steemconnect.com/sign/delegateVestingShares?delegator=timcliff&delegatee=artist1989&vesting_shares=103536.174504%20VESTS

Step 3 - Delegate the SP using the URL

  1. Copy the URL that you used in the previous step and paste it into your browser.
  2. You should see a screen that looks something like this:
  3. Once you confirm everything look good, click on the "Continue" button.
  4. You will need to use your Active key to sign the transaction (warning).
  5. You should see a success message like this:
  6. You can verify the delegated SP shows up in your friend's account by plugging their account name into https://steemit.com/@accountname/transfers.

Some Extra Notes

  1. If you want to delegate more or less SP to a user, just delegate the new amount to the user. It will replace the previous delegation value with whatever the new amount is. (It does not add or subtract.) To remove all delegated SP from a user, just do a delegation of 0.000000 VESTS. After you un-delegate SP, it takes 7 days before you can use it again.
  2. You cannot delegate SP that is currently in the process of powering down. You also cannot start a power down with SP that is currently delegated to someone. If you power down from the Steemit.com UI, the only option is to power down 100%. I plan to post a guide on how to power down less than 100% SP soon, so users can still power down some of their SP while part of it is delegated.
  3. If you would like to learn more about how delegated SP works, check out this post from @liberosist.
  4. Official support for the tool is provided by the Busy.org team. If you run into issues though, you can reply to this post and I'll do my best to help out. You can also ask for help in the #busy channel of steemit.chat.

Thanks to everyone in the Busy.org team for providing us with this awesome tool!


Reminder to vote for witnesses!

The Steem witnesses are the elected leaders of the community that power the blockchain. Everybody should learn about the Steem witnesses and vote on who they think is best. If you don't know much about witnesses or aren't sure who to vote for, you can check out this Witness Voting Guide. If you think @timcliff and @busy.witness are doing a great job, please consider voting for them! You can vote for witnesses here: https://steemit.com/~witnesses

Authors get paid when people like you upvote their post.
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Be extremely careful providing your active key to anyone or any site.

This key allows anyone in possession of it to access all the money in your account.

It is not recommended that you share this key with anyone for any reason!

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So if i understand correctly you don't recommend to use this option to delegate SP?

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Thanks for warning! I nearly did it!

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Thanks @sneak! I updated the post with a warning.

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So can I trust the Busy.org team to keep my key safe? Or will they one day deplete my account... :S

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If you see a powerdown you didn't authorise, you can always use your password to change your active key and cancel the powerdown, as I understand, although you'd lose anything you were holding in liquid form.
Either way, just dropped in to confirm these instructions worked a treat.
I'm going on holiday for a bit, and just delegated my voting power to @holoz0r.
I can already see it in his wallet. Thanks @timcliff.

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Actually I guess with the possession of an active key you can always change the active key itself..

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And undelegated okay a month later. Thanks again.

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I have successfully delegate before and now for some reason I cant, its saying my active key is invalid. any ideas?

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I am unable to delegate 1.JPG

I don`t know which key to enter here ?
kindly help me with it

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my key isn`t working it seems,
I think I might be entering the wrong key here

damn good info, now its easier to do these things with amazing tools. as it should

Damn... @timcliff I assumed that when you did it for me you waved a magic wand and said abracadabra, now I know that magic is dead. 😭

Hehe +1 😉

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This is brand new magic. Before I posted this, I was doing all delegations via the cli_wallet API. Now Busy.org has made the magic available to all of you ;)

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Vessel from @jesta lets you delegate steem power very easily.

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That's so cool! You're truly full of surprises 😄
Also

I think we need trading market for this SP delegation.
So there will be more demand to hold SP.

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I think a lot of users have started to form one 'unofficially' just by chatting with each other and making offers.

Thanks for sharing this, was interested to know about SP delegation. And voted for your witness :)

Riveting. Thanks. So to clarify, one could stealth hack an account.
If a noob investor wanted help opening an account, the 'helper' could set up the account, noting the keys, wait for the dust to settle and the money to move in, then delegate most of that voting power to his own account, enjoying the large curation rewards, undetected.
The inexperienced investor wouldn't know he's losing out on curation rewards, and everything would look correct in his steemit account.
Trying to power down would ring alarm bells, but if he's holding long term that may be years away.

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Well if someone is creating an account for you, hopefully you would trust them to some extent..

It would be advised to change your keys as soon as you get the account. They would have 30 days after that to 'recover' the account and steal it back, but you would notice that. Assuming you changed the keys as soon as you took ownership of the account, then that is all they could do.

If you are assuming that someone has your keys, then there are quite a few things they could do at that point. If they did what you were describing though, you would probably notice, since every time you upvoted it would not add anything to the rewards.

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True. Careful who you trust.
I'm just thinking with the current delays and the numerous options for jumping the queue.
A clever operator could offer to set up accounts for lots of people, fail to remind them to change passwords, and keep an eye on their balances, consistently delegating himself half their voting power.
I think I saw someone offering to register account names en masse for $15/each.
Caveat Emptor.

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These scammers are just finding more and more ways right. Gotta be extra careful.
p.s this post deserves a resteem

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Hopefully people don't fall for those types of scams. If they have, I think they probably have a lot bigger worries than someone delegating some of their SP.

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Danke Mann

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I realize this is quite old. However, after reading this 'thread' of thinking I wonder how many have come across this and see it as a "how to" instruction for some of the scammer types to get 'ideas'.

Trust is as much human nature as is distrust...depends on the human. The cryptosphere is based on trustlessness is it not? So I don't see how these sort of conversations can be kept from the blockchain...or hidden for the protection of the more vulnerable Steemians here.

Just my perspective from what I've read. Dotting I's and crossing Ts is far from an exact process. I came here by way of a link from a currently active post from a struggling artist, of which there are multitudes here at Steemit. I'm just pointing out this potential exploit-ability because I can.

I'm not much of a name/link dropper but I feel something is needed so those who doubt what I say can check backwards from here.

Protect your treasures here at Steemit, do not allow them to be exploited if you possibly can. If they find Steemit is also a den of vipers...well we can all lose our passions as quickly as we find them...can't we?

https://steemit.com/minnowsupport/@isaria/attention-fellow-struggling-artists-help-has-arrived-in-the-form-of-minnow-support-project-the-msp-creative-bot-and-the-steemit ...and yes...the link that brought me here is there. And the artist is certainly worth checking out, supporting and encouraging...with words...not just a lot of Steem.

~may all hatred cease...let there be peace~

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I'm not sure what you are seeing as far as potential exploits / avenues of abuse.

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FYI, just followed your instructions, and it worked beautifully. Appreciate it, Tim.

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Glad to hear!

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You don't need delegation to steal money if you have someone's Active key.

@timcliff steemit is great because of people like you taking out time to educate fellow members on how to better use the platform..learnt something via your post, thanks for sharing..following you and upvoted...keep it up

This is powerful! Wow, thank you so very much for informing us about this special feature, I had no clue about! this is so wicked and can't stop being impressed by the versatile of the platform and inherent potency.

All for one and one for all! Namaste :)

I'm definitely interested in delating SP.

But where can I read more about 'vests'? I see that unit tossed around quite a bit...

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A "VEST" is a unit of measurement for the amount of STEEM POWER that a user has. There is always a conversion factor that goes from 'VESTS' to 'STEEM'. The amount of STEEM that you have per VEST will go up slightly over time, since the blockchain pays users interest on the STEEM that they have powered up.

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Thanks for the detailed response!

I will keep re-reading it until it makes sense xD

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Yes that's what I'm doing too. :)

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Try to look at steemd.com

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I would love to be a recipient of some of that SP, please and thank you :)

Great post! What is the best account to delegate to if I want daily payouts?

I heard that @minnowbooster has around 25% APR while @jerrybanfield rewards with 60% APR. However even jerry banfield said in his posts that there are better rewards than this.

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I don’t really recommend using vote buying services.

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Is it bad for steemit community?
I am looking for ways to maximize my ROI in steem. I am relatively new to steemit so any advice would be really appreciated!

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I don’t think it was the original intention behind how the rewards pool was supposed to be used. Lots of people do it though.

a very clear exposition of how to transfer SP. Most technical explanations are not this direct. Thank you!

Thank you! I'm just now finding out about this delegating stuff.. very keen to test it out!

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

Shared :) to Facebook, this needs more awareness over time especially when we get more Users onboard

very nice. But what if

close Error
Oops, something goes wrong!

Error code: 1 Assert Exception

Do you want to try again?

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The main things to check are:

  1. Do you have the funds in your wallet to cover the fee
  2. Are you entering the correct amounts
  3. Did you format the values to match exactly (even the number of digits after the decimal needs to be exact)
  4. Are you using the correct key (private active)

If those things don't fix it let me know.

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Yes.. That was fee and 6 digits after the decimal.
Thanks for help!

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Hi @timcliff,

gotta hijack this comment-chain, as I am having the same issue!

Do you have the funds in your wallet to cover the fee

I have enough vests powered up, what else do i need for a fee? I didn't read anything about fees in your OP?

amounts, format of values and key must be correct, this is the only thing I can think of!

edit: nevermind, I was an idiot and I figured it out myself... sorry to steal your time ;)

Hello @timcliff
I was trying to undelegate, and I see the undelegating (delegated 0 vests) in the blockchain, but in my wallet still shows the amount delegated before the undelegating. Does it take 7 days to take delegations back? Or what was the meaning of the seven days? As far as I understand your posting, it was meant needing 7 days to delegate from new to this delegatee account.

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Yes, it takes 7 days for the SP to return to your account. The reason is to prevent double voting.

If you are using cli_wallet JSON-RPC then fetch "info" and calculate VESTS like this:

total_vesting_shares / total_vesting_fund_steem * desired_steem_power


Similar with steemd RPC, call get_state with an empty string as parameter:

>>> get_state ""
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Nice tip :)

Thank you for sharing about this, I believe many steemians need this... to delegate their SP... Nice! :)

Very nice tutorial, Ive been wondering how that is done. Well now I know. Thanks for the help!

Thanks for this post!!! 😂

Are any whales interested in renting out their delegated Steem Power? I'm interested in renting 100,000 SP

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Thanks @timcliff Yeah I know. We have been negotiating in Steemit.chat. Negotiations are going good but I want to open the market up and see if there are any other "Steem Power Lords" out there looking for rental income!

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Heck! If I had that much I would rent it out as well. Share the wealth and make some SBD.

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Get that passive SBD! I'm actually doing a post asking if anyone else is willing to rent theirs out.

Very informative!

If we can get STEEM in the news, we can get it over $5 each.

Everyone should use this Media email list (3000+ contacts)
https://steemit.com/steem/@marsresident/how-you-can-help-get-steem-in-the-news-simply-using-your-email

And send them this:
http://www.reuters.com/article/us-currency-steem-idUSKCN0ZS2MF

And this:
https://coinmarketcap.com/currencies/steem/

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Sorry, but this is off topic and unrelated to this post. It seems like link spam.

Wonderfuly explained in simple and non technical terms. Thank you so much.

Thanks a lot, I have just succeeded to delegate 500 SP to our tree planter voting bot. @treeplanter

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Cool :)

Awesome stuff. If only I had the sp for delegation :p
I barely have around 700 lol. And I wanna be a curator. Got a long way to go lol

Congratulations @timcliff!
Your post was mentioned in my hit parade in the following categories:

  • Upvotes - Ranked 10 with 629 upvotes
  • Pending payout - Ranked 4 with $ 1535,75

When i try to transfer steem power following error occur:
1.JPG

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Can you send a screenshot of what the page looks like before you submit it and get the error?

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after these two windows , error message display that i send you yesterday.

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You don't have enough Steem Power to delegate.
https://steemit.com/@sunnia/transfers

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How much steem power need to transfer????

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In your screen shot you are trying to delegate 5.060 SP, so you will need at least that much. Until you have more than 15.0 though, it is not a good idea to delegate because you need SP to have enough bandwidth to use the platform.

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Thanks to guide me,

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Sir can you guid me about curation reward and how it be earn?

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Please read the FAQ. There are also some posts listed in the "Welcome" page.

Interesting information, i upvote and resteem.

that's great....but who will delegate SP to me :(

Thank you for this! I'm new to Steemit and I'm fixing to to put some big money on here haha.
Great community

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Cool, glad you are here :)

damnn..didnt know you could transfer sp directly

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Well, you are not exactly transferring it. You are letting them use it. It is still your SP that you can take back at any time (see note in post about the 7 day wait).

Thanks cliff for sharing this bit of information, It is quite useful. We appreciate your efforts.

Hi @timcliff, thank you for great idea, i have a question. It can effect my voting power? If i delegate it? Thank you.

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If you delegate SP to someone, it becomes their voting power until you take it back.

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thank you because i have too small voting power. Thank you again.

A really good read thank you for sharing

Dang!......i need some delegated vest @timcliff ......smiling; it is a wish!

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MEEEEEEEEP

Thank you @timcliff for this awesome article!

Legit!

sounds great? so anyone delegating me? :D

I love the creative community here at Steemit. It is the way life is meant to be with all helping each other. A new feature app almost every day.
Thanks for the post timcliff!
All the Best Dev

Thanks for the post @timcliff it is very useful.

This is really cool. So @timcliff can you delegate some so to me?hehehe

excellent tips, I really appreciate it! followed!

Thanks for sharing

Will it be needed after hardfork changes?

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There will still be a use for delegating even after the HF.

Love the post. Thank you so much. Followed and upvoted. Have a good one :)

got me with that one - haha .. great info and i followed and upvoted to keep it moving up too

Oh yes, bookmarked this for future use ;). Thanks, I was curious about it and you just solved my problems.

Awesome tool @timcliff - thanks for sharing this! This is especially useful for explaining the concept of delegating SP to newbies and appreciating the many helpful Steemit APIs that are being developed by the community.

I am in fact working on my own Steemit tool - Steemit Live - with several Steemians at the moment. Just created a Discord server to discuss and plan our project and have started to spread the word in my latest posts. Thanks for inspiring us @timcliff!

And SteemINC couoldnt do it since a year.

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I believe they helped to develop a lot of the back-end stuff that Busy.org used to put together the tool. It is a partnership. We are all on the same team ;)

Can you wave your magic wand over my sad sally of a blog page. I think I am invisible :)

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I'll see what I can do ;)

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Ha LoL I have never met a real magician :)

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Invisible == ghost girl, that's punny!

This is very insightful! I'm new to Steemit and have watched a few tutorials which mentioned steemd.com. Would you be able to point me in the direction of any useful tutorials or posts explaining all the ins and outs of that tool? Thanks!

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Steemd basically just shows the raw data that is posted to the blockchain. The best way to learn it would be to switch back and forth between Steemit and steemd to see how what shows up on the website gets reflected in the blockchain.

what is this really possible here. Thats great info thanks.

This seems like it will come in handy, now I just need to figure out a good way to bookmark stuff on steemit ^_^

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For now, just use the bookmarks/favorites in your browser.

An honest question: How does this app/platform differentiate itself from Steem Trail or similar apps? Am I mistaken in that they serve the same purpose, but through different means?

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They are different. With voting trails, you are progamatically setting your votes based on the votes of other users. You still keep your SP and cast the votes with your account. With delegation, you are actually loaning your SP to someone else. They get to use it as if it were their own. It is not the same as actually giving it to them because you can always undelegate it and take it back.

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I see. This is very helpful! Thanks for the clarification.

Thanks resteem this too because interesting for more to know

that is really great ,Thank you for these

Thanks for info.

Noted

Good read...upvoted and following for more of such

Is there any way to see who you've delegated to or from? We are trying to find a way to verify delegation from specific accounts.

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Sorry, I actually do not know a way to do this myself. If you find one, please let me know :)

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Thanks for the quick response. Yeah, that information is a tough nut to crack. I will definitely pass it on if we find a solution.

Is there a tool where someone can determine who delegated SP to their account?

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I'm not aware of one.

You should be explaine the benefit of delegation
Honesty I don't understand how to work delegation if you don't mind please explain exactly .

Thank You

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Delegation allows users with SP to loan their SP to another user.

Great post and very informative... TY upvoted and followed.

Think I'll pass on using this given the warning stuff and all. So any pointers on where to find this "complicated API tool" ?

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There are some users in the #dev channel of Steemit chat that should be able to help guide you.

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What is a steemit channel? How do I get to it?

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Steemit chat. There is a link to it in the main menu.

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This comment has received a 4.89 % upvote from @buildawhale thanks to: @fersher. Send 0.100 or more SBD to @buildawhale with a post link in the memo field to bid on the next vote.

To support our curation initiative, please vote on my owner, @themarkymark, as a Steem Witness

I apreciate the work you put in this post . Is that site safe ? anyone who tried it ?

Thank for helpful information @timcliff!

Thankyou @timcliff , but the reverse, if we want cancel this delegation how we do. thanks again.

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To cancel, just delegate 0 to the user.

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Very easy thanks again.

Owmh it's a shame I can't resteem this to keep in my timeline. Thanks a lot for the information :) i will keep it in my heart instead xD

Hrm, tried to use steemconnect as you layed out but got this error:

close Error
Oops, something goes wrong!

Error code: 1 Assert Exception

Do you want to try again?

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You need to have 6 STEEM (not SP) in your account for it to work.

Looks like I'm a bit late finding this information. But it's okay, because I just started, so this post is very helpful for me.

thanks @timcliff

Regards

way to take the bite out of a complicated task! that wasn't as hard as it looked with this HELPFUL guide. you earned every cent with that! wowza $1034 talk about adding value to the community

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Thanks! Most of the credit goes to the Busy.org team for building the tool. I just wrote the guide :)

One question: Why I cancel the delegation by delegating 0 vests. does the steel power get undelegated and transferred back to me the same instant ?

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It is instantly removed from the account that you delegated to, but it takes 7 days to return to your account. The reason is to prevent users from double voting with the same SP.

Thanks for this interesting and useful post! How can I assure how much SP I can delegate? If I use your example with 50 SP in the calculation, I would come to a result of 103068,77... but my SP is only 1,344.735 ...(+146.019) So do I not have enough SP for delegating the 50 SP? I'm confused!

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There are two ways to measure SP. One is the amount of STEEM. The other is the amount of "vests". There is a way to convert between the two, which is described in the post. Hope that helps :)

Hi @timcliff, I am trying to find this answer. I have delegated SP to a Minnow Support bot, creativebot and would like to get my SP back. I can not for​ the life of me know how much I gave and how to get it back. I have done a search of the topic and nothing. Can you please tell me how to get that done? Thanks.

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This should show you your current delegations:
https://api.steemjs.com/getVestingDelegations?account=davidmendel&from=-1&limit=100

You can undelegate by delegating 0.0 vests.

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Thank you

Amazing information thank you for your work and help!!

Just as update for information to those landing here, https://steemdb.com/ should now be used to discover the vest values. And you can also alter or do any delegations (un-delegations) using a tool on the multi-tool swiss army knife of steemit ;-) https://steemworld.org/@usernameofyouraccount - thanks for this tutorial (I used a similar tutotial by @timclif to open an account for a friend) Thanks!

How this really works jow can it help user to e

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I don’t understand your question

Sorry for the interjection, but why did they fuck me here: https://steemd.com/@stimialiti?page=6
just search for the word "undelegate".
I made a post about it, but was ignored.
I found that the only way to get answers here is to interject in other people's posts and not to post myself, because my posts get ignored.

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I am on a phone so I don't have an easy way to search. I assume that when your account was first created it had a large amount of SP delegated, and then they removed some/all of the delegation. This is by design. The delegated SP is intended to be temporary. It is to provide new accounts with enough bandwidth to be able to use the blockchain. After users have enough SP to interact with the blockchain on their own, the delegated SP is no longer needed, and so it is removed.

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You are the first to reply to me about it, and probably the last. I appreciate it.
Firstly I don't remember how much SP I had exactly, so I might have had more than 5.9, but not a lot.
Even if you go to https://steemd.com/@stimialiti?page=6 and only scroll and search with your eyes and fingers for the word "undelegate" or for the words "steem undelegate" , you may find it and also find that my account was very young and in no way had enough SP to be robbed like this, and why do it anyway? except for the extremely cynical reasoning of trying to force me to buy Steem and prevent me from enjoying curation rewards.
I could not sell their delegated Steem-Power anyway!

Secondly, I also suggest that you should read my last post, about steemit: https://steemit.com/steemit/@stimialiti/to-dan-ned-the-witnesses-and-to-everyone-invested-in-this-platform-to-save-steemit-this-is-what-you-should-do

, and berniesanders' post : https://steemit.com/steemit/@berniesanders/the-asian-steem-scheme-thank-you-ned-and-abit-for-rewarding-and-delegating-your-sp-to-empower-the-asians-to-line-their-pockets

If I convince you to power-down and rescue however small purchasing power you still have left, I will consider it returning the favor and then some.
Also, Dan and Ned are powering down lately, they know that STEEM will decline further and then it will decline further, and later it will go down in its price even further.
You will do best if you invest your efforts at your youtube & dailymotion channel/s and leave links to them on your steemit profile, so people will be able to find you soon enough before this platform dies completely, and it will happen, remember that I warned you.
Connect your internet entities to one another so your followers from one will follow you to another.

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Sorry, but I do not share in your negative view on the future of the platform. Dan and Ned powering down is nothing new. It is actually good for the long term health of the platform for the very early adopters to power down their stake, so that more new users can power up and become larger stakeholders.

Regarding the delegated SP, nobody stole or robbed you of anything. It was not yours to begin with. I explained why they delegated it and why it was removed. If you need any additional clarification let me know.

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You "explained why they delegated it and why it was removed." in your previous reply: "After users have enough SP to interact with the blockchain on their own, the delegated SP is no longer needed, and so it is removed"
and this was proven wrong before you typed it as a reply, and you can still verify my claims for yourself. And this "I assume that when your account was first created it had a large amount of SP delegated" is also wrong, I hope you can tell me how to show you how much I was delegated initially.
But you can check in steemd.com/@stimialiti@page=6 that your reasoning is wrong, and I was mostly unable to use steemd.com for weeks because of their premature undelegation, and also was virtually unable to get curation rewards, nor to upvote my own posts to make them visible (and I still can not make my posts visible, 101 days after I started blogging here)

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There was an issue a few weeks ago with all users that had low SP being unable to interact with the blockchain. There was a patch released (19.1) a few weeks ago which should have fixed it. Are you still running into issues with using the blockchain?

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I always see this message in steemd.com:
"Node maintenance in progress. You may notice some features missing until it is complete."
But at least it works most of the time, today it caused me a big lag at least twice.
A few weeks ago, it was hard to find a moment in which it worked for me.
What bothers me most is still this steem undelegate which will keep plaguing my steemit experience due to compounding interest effect, its lack of, to be more exact.
Was steem ever undelegated from you?

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Steemd.com is actually a third party website, technically not run by Steemit. It is a blockchain explorer, developed by roadscape. I know he is working on getting the site back to 100%, but it may take a while.

steemd.com is a public website which does not use your login. Everyone will have the same experience on the website regardless of how much or how little Steem Power they have.

When I joined, there wasn't any delegated SP yet. I think I got 5 SP, but it was not delegated, it was to keep.

getting an error here..