MinnowBuilder3 Account Update
|Date||Owned Shares||Owned SteemPower||Owned Savings Steem||Value Per Owned Share|
We have had a 4.1c increase in share value over the last 10 days. This is a 141% annualized increase for the shareholders and shows the rate at which the account's vote value is increasing for all involved including the redfish we are supporting.
The increase this week is not expected to continue long term, but short term it's a great boost to the account. A large part has been due to the lack of posting from shareholders which has allowed for increased opportunities to cross vote in the system and self vote.
Know that some people consider these activities negatively, but our job is to provide as much value to our shareholders and the Redfish we are trying to build into Minnows as possible. To do this we need to grow the voting power of these accounts. But before doing this we first tried to give more to the shareholders. We started increasing the percentage each shareholder gets for their votes beyond what they own and already have increased accounts to be giving DOUBLE or close to double the amount of a vote that shareholders are supposed to get as a bonus, but even still there has been a lot of excess VP to use. Using this excess voting power to grow these account and consistent upvotes from shareholders has allowed for this nice spike in share value.
Remember everyone who owns shares gets the benefit of this accounts growth. As the SP increases the value of votes increase so it's in your best interest to help growth this account. Upvotes of posts and comments all add up in a big way and then come right back to you in increased value votes, then the cycle repeats. More support the faster the account grows and higher the return vote becomes and IMO more importantly the higher the votes for the redfish become.
Thank you all for your continued support!
Photo from Pixabay