MAP Rewarder: Distributed Rewards for 18 Feb 2018

in #mapforum6 years ago

This week's distributed profits are 0.804%, equivalent to an APR of 41.9% of delegated SP.

Profits have already been paid to SP delegators in STEEM.

To delegate SP to MAP Rewarder, please read our Introduction document.

News

This week has seen our highest net return since testing the concept. The mixed strategy means we can manage fluctuating prices of STEEM and SBD. As the fund is priced in STEEM, we can deliver profits in STEEM whatever the USD exchange rate.

Our aim continues to be a distribution of 1% per week, equivalent to an APR of 52%. The fund itself has grown nicely in this past week but we still seek further delegated SP. I am aware that so much SP is currently going into the bidbots and that their payouts are daily, but calculating the actual APR will show that the MAP Rewarder is close to the same level of profits, and makes a useful diversification of income.

Our own use of the bidbots is managed carefully as so many of them end up with deeply negative ROI. However, the increased exposure is proving useful. I also note some new regular upvoters of the @accelerator posts; knowing that we are likely to use a bidbot at some point means that curation rewards for followers of @accelerator may be higher than normal. Especially for existing members of MAP following @accelerator's upvotes can be a way to slowly increase curation rewards without committing any precious SP.

On the subject of upvotes, new Mapsters are currently receiving upvotes from my @rycharde account. A new, more flexible, upvote bot is in the pipeline but the current thinking is that such upvotes will come from the sister project @aakom once that account has sufficient voting power. This leaves the MAP Rewarder free to concentrate on income generation that can then be used to increase Mapster upvotes.

Next rewards distribution will be on Sunday 25 February.


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Please Comment, Resteem and Upvote. Thanks!

@rycharde manages the AAKOM project and the MAP forum.

Check out the new MAP Rewarder for passive income!

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This post has received a 7.55 % upvote from @boomerang thanks to: @accelerator

ThankYou for the contribution. :)

wonderful post.
i like your post,,,thanks for sharing mapforum...

dear @accelerator this is really very valuable news or information for us

Sorry...
@accelerator If you want to buy upvote can buy?

Hi, no, we don't sell upvotes. Our upvotes are either to minnow members of MAP (see here) or with the aim of generating rewards for MAP Rewarder (see here).

Okay brother
Thank you @accelerator for sharing my knowledge and passion for me

So how do i join in on this? i noticed someones account claiming rewards from you and so found you here but don't understand how this works as i'm still quite new

Please see our main document.

The aim is to strike a balance between rewarding SP delegators and using the extra profit to support quality minnow content creators.

Delegators receive part of our weekly profits. Because of our mixed long-term strategy we cannot distribute daily, hence done on Sundays.

You got a 1.60% upvote from @postpromoter courtesy of @accelerator!

Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!

thanks for sharing your valuable post.
i appreciate your every post.
great mapforum.

resteemit your post

Thank you for the support @accelerator God bless!

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