MAXUV Weekly Statement & News - 22 December 2019 [MAP Steem FinTech]
Welcome to our weekly MAXUV account statement.
We have seen modest sales this week, but between members, so that our own SP has risen just a little. However, our voting SP remains at more than double the active tokens that attract voting.
The MAXUV vote bond delivers upvotes that are equivalent to a large vote (more specifically, a 1 million SP vote) scaled down proportional to your tokens, including curation rewards. The maximum holding of 2,000 MAXUV tokens will yield the equivalent of 2000 SP; think of it as a "pooled vote". We may increase this 2,000 maximum in the future but only when we see more users.
It is important that Steemians understand the effects of the new reward beyond merely the decrease in their author rewards and to be aware that there are solutions to this - MAXUV is one solution.
You will get one upvote per day, and for many Steemians this will be about 2 to 3 times what they would now be getting for a self-vote, including any curation rewards. Let us not forget that self-voting is perfectly allowed by the Steem blockchain and, if you're posting once or twice per day, is a perfectly reasonable use of one's own stake; it is your proof of stake.
One possible use for MAXUV by communities is to use beneficiaries so that rewards go to some members while the upvote is generated from the MAXUV token holdings.
Without having to go into the complicated mathematics that happens under the hood, I have repositioned MAXUV so that it is an improved model on MAPX, rather than being up against MAPXV. Those who do wish to have two upvotes should consider @MAPXV. Those who rarely post should consider the MAPR token.
So, our new mission is to deliver upvotes that are proportional to the tokens held and proportional to a million SP.
Our new MAXUV-meter will gauge how close we are to delivering our proportional votes. At 100%, we shall be at our target level. Given the new reward curve, anything above 70% will still be higher than what one can achieve with one's SP alone. Our target is to remain within the bounds of 90% to 100%. It is also possible to go slightly higher.
Current MAXUV-meter = 101%
Note that we are able to adjust outgoing votes to almost any level we please, so we can quickly react to any changing market conditions in the Steem economy.
A reminder from last week, that MAXUV is now sponsoring @ecoinstant's Buildbetter Contest.
I hope to see sales improving soon.
Enjoy your week!
As I haven't been posting very much, here are a few prizes.
Winner of double upvotes and TRENDO tokens is... @ironshield !
Winners of TRENDO tokens is... @gharrington44 and @melinda010100 !
Prizes last for 10 days and TRENDO tips are subject to availability.
The MAXUV headline figures are:
MAXUV tokens active = 9,650
SP in MAXUV = 8,560
Voting SP = 23,470
Other STEEM = 938
Total STEEM = 9498
MAXUV ABV = 0.98 STEEM
MAXUV-meter = 101.0% (of 1 million SP)
Note that "Other STEEM" is the sum of all holdings not powered up as SP: liquid STEEM and SBD plus holdings within Steem Engine. Also note that such values are volatile, especially any holdings priced in US$, so the above numbers are a snapshot and may have changed when you look at the @MAXUV account.
The Asset Backed Value (ABV) is our total holdings calculated in STEEM divided by the number of active MAXUV tokens.
Target value for MAXUV-meter is 100% in 1 upvote per day, proportional to your token holdings as if delivered by 1 million SP.
Full details of how the MAXUV token operates can be found at our launch document.
Any questions, please ask in the comments below or in our public chatroom.
[BUY MAXUV] - [READ MAXUV]
[BUY MAPR] - [READ MAP REWARDER]
[BUY MAPXV] - [READ MAPXV]
ONECENT: The First Strategic Token Investment Game (STIG)
Hi @maxuv, a free $trendotoken from the TULIP Mania Game!
Round 3 will start soon and full details will follow. Thanks for playing!
Congratulations @busbecq, you successfuly trended the post shared by @maxuv!
@maxuv will receive 5.31261788 TRDO & @busbecq will get 3.54174525 TRDO curation in 3 Days from Post Created Date!
"Call TRDO, Your Comment Worth Something!"
To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site
Hi @maxuv, a small upvote and a tip from the ADDAX trading game! Round 2 has closed - Round 3 to start soon.
$trendotoken
Congratulations @addax, you successfuly trended the post shared by @maxuv!
@maxuv will receive 0.68817600 TRDO & @addax will get 0.45878400 TRDO curation in 3 Days from Post Created Date!
"Call TRDO, Your Comment Worth Something!"
To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site
Hi @maxuv, a modest tip of appreciation:
$trendotoken
Thanks!
Congratulations @rycharde, you successfuly trended the post shared by @maxuv!
@maxuv will receive 4.74396750 TRDO & @rycharde will get 3.16264500 TRDO curation in 3 Days from Post Created Date!
"Call TRDO, Your Comment Worth Something!"
To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site
A member bonus $trendotoken tip for @maxuv from MAXUV!
Also consider our MAPR fund and MAPXV vote bonds too.
MAP Steem Fintech: growing your STEEM without SP.
Congratulations @maxuvv, you successfuly trended the post shared by @maxuv!
@maxuv will receive 4.18719375 TRDO & @maxuvv will get 2.79146250 TRDO curation in 3 Days from Post Created Date!
"Call TRDO, Your Comment Worth Something!"
To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site
Congratulations @mapxv, 31.15% upvote has been shared with your successful call on the post that shared by @maxuv!
Support @trendotoken projects by delegating : 100SP , 200SP , 500SP , 1000SP , 2000SP
Congratulations @maxuv, your post successfully recieved 19.41472801 TRDO from below listed TRENDO callers:
To view or trade TRDO go to steem-engine.com
Join TRDO Discord Channel or Join TRDO Web Site
do i need to buy in 10 share increments ?? or is 10 just the min... i currently have 28 and I am slowly buying in more shares as my daily posts hit 7 days.
Hi, sorry, just seen your message. There is no limit on buying incremental amounts, indeed it's a good strategy to slowly build up one's stake. The only thing is that the token has a precision of just 2 decimal places; so buying 1.23 MAXUV tokens is OK but not 1.23456 tokens, as the system rejects such orders.
Thanks!
Thanks for the reply. I Was looking at adding incrementally as my posts earn their earnings. This helped clear up my confusion.
Question: is it good to stake TRNDO ?
Re TRDO, the earnings are slightly higher than steem itself and there are no down-tips ;-)
So, yes, I stake mine as they give a bit extra to our members and we can also earn from them.
I think any well-run tip-token should be considered.