Minnowbooster Update Log #3
Hey there,
@reggaemuffin here speaking for @minnowbooster with our third update post.
If you missed our intro, read it here:
https://steemit.com/minnowbooster/@minnowbooster/introducing-minnowbooster-beta
(Be wary that some details changed since then and it is only an overview)
There are some weird inconsistencies with what the steemit.com UI shows and what our calculations give for upvote payouts. It looks like vote values are rounded up to whole percent values.
For example here: https://steemd.com/steemit/@brazilfootball/20170710112505#@aboutall/20170712612900
Upvotes are 0.05% but are worth as much as a 1% upvote. We are currently investigating and therefor have to raise minimum sends drastically to 0.5SBD to ensure the system won't get abused.
We will now also round down to whole percent values on votes, that means up to 17 cent of loss. We are sorry to have to do this and will investigate the issue.
We are happy to hear your feedback on where to improve. Leave a comment below and join our discord server and we will listen.
We will try to make these updates a regular thing to keep you posted on the latest happenings for @minnowbooster. If you have something we should cover in the next update, tell us.
And last but not least we now have a cute little footer made by the most epic @ryivhnn! Yes, there are cute little minnows floating around!
Minnowbooster is a @buildteam project by @thecryptodrive @cryptomancer and @reggaemuffin
Hy, if i delegate Steem Power to bot what reward i have????/
I tried the upvote service. MinnowBooster was at about 39% vote power at the time I used it. I spent 2 SBD (about 1.96 USD right now) and got a author payout return of 75% x 2.42 = 7% loss. That is assuming no payout fade, so at 39% voting power this is a slight loss. Any idea what the break even voting power is so I can watch for that before using it?
Probably around 45% to 50% :)
Thanks!
thanks just delegate some power to the bot, but i wonder how to undelegate if i need to?
in our tool just insert a negative number to remove that many SP
thanks. on the other hand, i inputted 500 SP but not sure why I end up lending 507.862. Is it part of the fee or something?
There are some problems with converting all the steem currencies into one another so we generally delegate just a tad more to you so we can guarantee you get at least 500SP ;)
Many thanks, can't wait for the first daily payout :)
This comment gets a 2.08 % upvote thanks to @wilkinshui - Hail Eris !
This comment gets a 12.50 % upvote thanks to @wilkinshui - Hail Eris !
@reggaemuffin, wish I read this post before I sent 0.100 SBD to @minnowbooster. I saw they give other's back, but not mine? :(
I don't have much :( @darnscotty
Sorry, that should not have happened! I'll check on that
Thank you, appreciate it
@reggaemuffin, any news yet?
I refunded you
Thank you so much! As soon as I have 0.5 SBD will I try again :) @darnscotty
please check the system all day the upvote has been lower the the transfer
I suggest you read the post and check the voting power of the bot 🐐
Whats up @minnowbooster I just followed you. Hope you will stay with me & follow me..
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STOPThinking to invest $1000 in your delegated SP power services, may be I can double the amount in one month :P
Sounds awesome :)
Do u really think u get double in one month?
After seeing your comment, did some calculations and found the answer. No, I can't!
it takes 90 to 120 days of upvoting yourself 10 times a day to double your steempower, just so ya know :)
reward pool low i think ill get a loss than profit lol
If you upvote yourself 10 times a day(each time when you get back to 100% voting power), it will take you about 90 something days to double what you currently have in steempower.
I heard this is like a steem ponzi scheme. Is this true?
Where did you hear that? Never heard of accusing minnowbooster a ponzi scheme yet. And well it is exactly the opposite of that in my opinion.
yea after i did my research i can see that the person who said that was way off. this is far from a ponzi scheme.
Good news for a minnow like me. Thanks for this :-)