Introducing MinnowBooster (Beta)steemCreated with Sketch.

in minnowbooster •  4 months ago

notice: This is a repost to link users to up to date infos as the original post cannot be edited anymore...

Visit our website minnowbooster.net to see all our available services and tools.

Join our discord channel for latest news and to have your queries answered!

The @minnowbooster bot project is the "Swiss Army Knife" for minnows, which can do a multitude of things. It is a vote bot similar to @randowhale, except with a predicible upvote return in proportion to your spending.

In addition to the upvote bot feature, @minnowbooster is an ATM for Automated Delegated SP Leasing, providing minnows with the much needed STEEM POWER BOOST to be able to have a greater influence and effect on the platform. Kind of like leasing a Ferrari for a week, you can similarly lease delegated SP and become a dolphin or whale for a week to accelerate your reputation and esteem in the community.

Delegated SP Leasing

@minnowbooster takes the role of an automated delegation leasing ATM, where you can instantly lease delegated SP from the bot without having to negotiate with an untrusted third party or private loanshark, along with the associated risks.

Delegated Steem Power (SP) Leasing is now instant and automated for both the investor and the lessee for a hassle-free leasing experience.

To lease Delegated SP, just send STEEM (at least 1 STEEM) to @minnowbooster and get 65 times the amount in delegated SP for one week.

Examples: Send 1 Steem and get 65 SP delegated to you, or send 100 Steem and get 6500 SP delegated to you (the sender) for a week.

Leasing for at least 4 weeks or renewing for additional weeks after your first week is cheaper, you get 100 times back in delegated SP that way.

Example: Send 400 Steem with the memo '4', which covers payments of 100 Steem per week over 4 weeks and then receive 10 000 delegated SP for the 4 week term. Delegation will most likely bring you back your investment after a few days of curating (subjective) and increasing your esteem, enhancing your interpersonal networking experience.

Commands - send STEEM with this memo:

  • no memo defaults to one week of delegation to the sender
  • memo 4 secures 4 weeks of delegation to the sender

Want to gift someone delegation? Maybe have a contest running? Just enter the recipient username in the memo and that person will get the delegation.

  • memo recipientname sends a gift of one week of delegation to @recipientname
  • memo 4 recipientname sends a gift of 4 weeks of delegation to @recipientname

If the delegation order cannot be filled immediately by @minnowbooster itself or the offer is too low for @minnowbooster, it then goes straight to the open market where it will be filled by other users, or refunded in 3 days if the order hasn't been filled. The Delegation Leasing Market (DLM) currently only facilitates filling of complete orders, partial fills may be available in future.


Upvote Bot

You can request upvotes from the @minnowbooster bot. Just send SBD (at least 0.5 SBD) to @minnowbooster and receive an upvote worth up to 3 times what you paid. Add the post or comment url as memo.

Please check the bot's voting power at https://steemd.com/@minnowbooster because the bot's AI autoregulates its Voting Power to ensure the bot does not get drained.

At 100% voting power the bot will give your nominated URL an upvote worth 3 times what you paid in, with the received vote value decreasing proportionately as VP decreases, ie 66% VP yields 2 times, right down to breakeven at 33% VP and a loss if you pay in when the bot has less than 33% VP. (These are gross percentage values, please take into account that on Steem 25% of the post value goes to the curators, in which case the NETT breakeven is actually at 45.67% VP) ![]

()

The bot will try to detect invalid urls and send funds back but gives no guarantee. Also check if the bot has voted on that post/comment before or it is in it's last 12 hours before payout. Double sends or not possible votes are considered a donation!

Investing STEEM (Powering up @minnowbooster)

You can invest STEEM in the bot and expect roughly 100% return per year, less our facilitation fees. You earn from all delegation leases and/or upvotes the bot makes prorata based on the undelegated portion. Returning your investment later is on a best effort basis and subject to 13 weeks of powerdown rounds.

To invest, power up STEEM but send them to @minnowbooster instead of to yourself (you can do this with the ADVANCED button). You will receive an automatic daily payment of your earnings.

Investing by powering up @minnowbooster gives you "best of both worlds" returns from the vote bot and from delegation that the @minnowbooster account makes at higher than market rates for microlending fulfillment.


Investing delegation to @minnowbooster

You can also invest without sending funds by delegating STEEM POWER to the @minnowbooster bot and get roughly the returns you would get if you voted up only your own posts, but without the shame!

Delegating SP to @minnowbooster will earn you a prorata share of the funds paid by users for @minnowbooster to upvote their posts, less our facilitation fee.

Just delegate STEEM POWER to @minnowbooster and you will receive daily payments of prorate profit returns. You can always undelegate but will lose the earnings for the current unfinished day.

We created a tool on this link to help you delegate (and undelegate for negative amounts) to the @minnowbooster bot.

You can delegate with our tool or the tool you are most comfortable in, steemconnect is a convenience offer and shows you the exact amount of vests to delegate.


Investing delegation to fill market lease orders

We also have a nifty market at minnowbooster.net which shows all of our users' delegation request offers; where large and small SP holders can delegate to the market offers of their choice that are in their ability to fulfill. Try it ... we find it is fun and rewarding filling orders and lending SP to others!

Below we can see user @raziel has requested 2200 SP for 4 weeks and will pay upfront 88 Steem which we will escrow, the lender can then click on the "Fill this offer" button and enter his own username in the next page and delegate to the user using our Steemconnect tool.

Note: If lenders prefer, they can use other tools of their choice to delegate, our bot will parse the blockchain for delegations of exactly the listed vesting amount). Please be sure to delegate exactly the displayed amount of VESTS if you are using an external tool or Cli wallet!

Lenders will be paid daily in arrears and if the lender cancels delegation early we refund the balance back to the lessee, it's that simple and safe and no-one loses out!

In addition, for convenience @minnowbooster sends a memo to the lender upon expiry of the contract, wherein they will be sent a Steemconnect link to cancel the delegation or again lenders can use their own tools to cancel.


Webpage and Transparent Steem Wallet

The bot has a website showing all things that happen with the bot and all market transactions that take place: http://minnowbooster.net

Please allow transactions a few minutes to get approved by the blockchain before they appear.

All transactions can also be transparently viewed at:


Facilitation Fees

We currently have a 10% facilitation fee charged on all investor returns during the development phase, this percentage will diminish over time with greater adoption and development maturity. We reserve the right to publish amended facilitation fees at all times.

No fees are charged to the borrowers or anyone requesting upvotes.

Disclaimer

This is still beta software and can break. Ping @reggaemuffin in Discord if you find any bugs and we try to resolve them. But refunds are on best effort basis.

Please use our service responsibly, test with small amounts first to get acquainted with the functionality and projected returns, @minnowbooster and related parties and persons shall not be liable for any loss, financial or otherwise arising from the use or misuse of our services.

We reserve the right to react to abuse that we won't support!

The @minnowbooster Terms of Service are subject to change at any time at the discretion of the team, or as required by any fork changes on the Steem blockchain.

Testimonials



FAQs

(1) Does delegating out my SP to others reduce my witness voting strength?
Delegating will have no effect, witness voting is agnostic to the delegation and references the Steem Power belonging to its owner regardless of delegation.
(2) Will I receive a reminder at the end of the delegation term to cancel my delegation to the market orders I filled?
Yes, we will send a memo to your wallet with an undelegation link. Later we will list expiring orders on our website.
(3) Can I initiate multiple Delegation Lease Market requests?
Yes you can, there is no limit to how many open orders you can have.
(4) What is the break-even Vote Power percentage of the @minnowbooster bot?
Currently approx. 45.67%, catering for rewards attributable to curators, remember to take post value decay into consideration as well.
(5) How much is the @minnowbooster bot vote worth currently?
Visit the web-service steemnow.com, enter "minnowbooster" in the Username field on the right and on the left drag the vote slider to match the Voting Power showing on the green status bar to see the approx. dollar value return at the current SP and Vote Power levels.


Project Team @thecryptodrive - Steem serial entrepreneur, @minnowbooster co-owner and original thought leader on Delegation, @steemsports founder, Peerplays Witness, @steemvoter co-owner and top witness.

@reggaemuffin is a new contender for witness, @steemsports CTO, @minnowbooster co-owner and CTO, @steempact co-founder, @whaleshares contributor and backend dev.

If you like what we are doing for Steem, vote for us as witness!


Advisors and Contributors

@coinhawk, @lino, @mikepicker, @smooth, @arhag, @fabien, @good-karma, @claudiop63, @picokernel, @lukestokes, @neoxian, @someguy123, @bulleth, @cryptomancer.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  trending
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Wow! That is such a steem power , wanna see the power here on this comment :) @oldtimer Nice Weekend!

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Super interested to hear how it goes for you!

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Awesome!

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@oldtimer i tried to delegate its sending my money back... whats the max one can use this service for upvote... and whats the method you used in delegating...

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how bro can you tell mee ?

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hii i follow u please upvote me

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6 to 7sbd each day is about right, same with what i got or i got little more by doing it myself and i dont lose 1 week from return sp to me once it is done.

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@minnowbooster this is fabulous and a great post. Thanks so much

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really gd

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Wow amazing. I wish I have that much. Good job oldtimer :D

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i agree with u.. follow & vote my post

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wow I wish some one would donate me some power I am new here

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So do I!
Good luck to all of us!

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I get 6 to 7 sbd every day.

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How much you spent to get that much steem power @oldtimer

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I do not understand all this?

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How much steem you sent for 10.000 steem power @oldtimer

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That is cool! 10000 that is enough to buy an ok car!

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Keep it up then, good job!

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I REALy want to know how that delegaton of 10,000 Steempower made 3 months ago turned out for yiou??? ar ethese programs profitable? I am wondering if i should lease my SP to @booster or @minnowbooster

  1. the tool to delegate SP to @minnowbooster doesn't work. I tried two times, but nothing happens.
  2. about powering up SP for @minnowbooster do I get the initial SP back?
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For Item 1. Yes.. it seems working... however, on the wallet history, there is nothing showing the delegation SP to the @minnowbosster which may be a little confusing...
and how to cancel the delegation ?

This was a good booster. For me it is a better challnger in @randowhale. I pay for 0.5sbd and it gives me 1.11sbd in return. Good job for you @minnowbooster. I appreciate your effort in helping minnows like me.

Thank you great work! So far @minnowbooster upvote bot seems to have better returns than @randowhale and @booster . Its a shame there's daily limits with @minnowbooster they should increase to at least 5 SBD per day. keep BOOMIN over here!

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agree @minnowbooster have just one time use daily, need to limit atleast 5 times , @randowhale or @booster have no daily limits

Testing the minnowbooster now! :)

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how is the result?

Is minnowbooster down? I've sent 1 steem over a day ago but did not receive a response back..I know ive sent to right user because i see my transaction in the wallet. How long is the delay?

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you transfered steem power, like I told you already :) please read our post

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Well I read it... I was not delegated steem and its not listed in the open market... so what happened

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you invested into the bot.

I'm gonna give It a try... right here right now!

plz tell me how can i get this service?

I will give it a try.

I up votied to plz vote me plzzz

cant believe.. very fast response.. great!

This is how you sell your service. Fantastic easy and clear content on wjat it is and jow to use. I'm very happy to see this. Ease of use is so important. When I know ill have the time I'll use the delegated sp service and write an honest review. Probably next weekend I'll start. Thanks again for all of the work you do.

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Hi @binkley have you used the delegated sp service yet?

lo voy a probar aunq no se lo entendi mucho

Hi, minnowbooster! Why is it written" You can request upvotes from the @minnowbooster bot. Just send SBD (at least 0.1 SBD) to @minnowbooster and receive an upvote worth up to 5 times what you paid. Add the post or comment url as memo."
But when I sent 0.365 SBD I got this message
"3 minutes ago Receive 0.365 SBD from minnowbooster Sorry, you need to send at least 0.5 SBD!"

So could you change the amount in your article, so that people won't think you only need 0.1 SBD to get upvote? That's not true
Best regards, Luke

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ye had same problem tried 0.1 $ first

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Thank you for spotting that glaring mistake! I fixed it now :)

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so is it 0.1 or 0.5?

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To me minnows can grow when we can form a strong group

Cool idea, thank you for the detailed explanation!

nice one , is there any more services like this and randowhale? it will really help for newcomers

I use their services and I have nothing to complain about.

They are excellent. Congratulations

Upvoted and resteemed!

Great Project, I do not have many steem power but I like this program thus I delegated all of my steem power 102. I will watch it.

can the lease be payed in sbd?

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some will accept sbd.

great job @minnowbooster has done. we love it

Congratulations @minnowbooster! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Sounds really great..!
Voted.png

hello minnobusreu i vote&follow uou
@rameshkumar

where can I get steem from? In my wallet there are only steem power and steem dollars?

I wonder if you or someone else could explore a loan idea for people with steem power:

Let's say someone has steem power locked up, but they see something they would like to buy now and don't want to wait the weeks needed to power down. Minnowbooster (or someone else) could loan that person, for example, 50 steem for a month with the promise to pay back 60 steem through power downs in a month.

Just an idea. Searched around and didn't see that service being done on a grand scale.

Realy good post. Thank You! @minnowbooster

MINNOWS UNITE !! There's plenty of room in the bait bucket for more !! hahaha

Can I become undelegated?? I can't seem to Power Down because someone has delegated to me.... I paid 1 STEEM to @minnowbooster to delegate 65 SP to me... and I don't think they've undelegated after 1 week.... the delegator is @flipstar....... I would rly like to power down so pls undelegate!

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I think you mixed those concepts, you can always power down what you own but not what you delegated. Power delegated to you does not stop you from powering down.

Congratulations @minnowbooster! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of comments

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Boost me up Scotty!

image
Is there anyone know what is it mean?
I didn't take any service from @minnowbooster
but why I am getting vote with this.
Can anyone explain please.

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@kyawkyawnaing gifted you this boost. You should thank them :)

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WoW really.
Thanks for your explain, Friend.

hi @minnowbooster how i add in ur upvote list i followed u 1 month ago but no one upvote me from u

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just send atleast .5 sbd to minnowbooster with your url of post in memo..

I have a quick question. How can powering up give you almost 100% return?

As a test I powered up 100 STEEM to @minnowbooster and I got .055 SBD the first day and .064 SBD the second day. If it went on like this it would net me about 23 SBD after 365 days.

After a certain time period does the original steem come back? How can you track this?

I love the project BTW I'm just trying to figure it out.

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The payouts fluctuate a bit and when you powered up, at some point your investment will be delegated and you receive steem too. so payouts will most likely increase a bit soon.

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This is why I second-guess playing with bots... How can I create the biggest ROI?

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Oh ok thanks!!!

I will check this out, I guess it will be interesting with the comments have seen so far

i followed u @minnowbooster...how i add in ur list and get ur upvote

How long does it take for the bot to make the upvote?

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normally a few minutes

This doesn't seem accurate. The post says "66% VP yields 2 times". I used it at 72.22% and sent 1SBD, but only received a $1.86 upvote. 2 times should be $2.00 upvote and 72.22% is higher than 66% so it should have been even higher than that?

Has the amount you get back changed already in the past 2 days?

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not really. Maybe the calculations are a bit off? I'll have to review them a bit. We sometimes had it that steemit displayed them wrong so that could be it too...

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Just had it happen again 1SBD sent at 62% and only got $1.58 boost

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Dang, that means there are some issues with the math. I'll check on the formulas again.

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u might want to try the real boost and not a fake one, i boost 100% of my current power for 10sbd.

i want to use... Its seems great 😃 @minnowbooster

how long does the autobot take to vote on a post. its been almost an hour since i transferred sbd to minnowbooster and still no upvote

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@ashwim's daily quota of 1SBD was reached by 0.0 + 3.0, please stay under your limit!

In case you missed it like I did there is a cap on the amount of SBD you can send per day. So if someone upvotes themselves with @minnowbooster and you don't see it in the stack of comments or it was on a completely different post and you would like to give them a boost via proxy cause it so cool to pay if forward be careful. There is a $1 SBD Cap per person per day. You don't lose your money as you get a warning and a refund. I would appreciate it if consideration could be made to increase the limit per person or allow some how for multiple posts .
Thanks

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The limits are there to protect voting power so we cannot lower them. People could just create two accounts and drain the bot.

I can't wait to try this , I used it once, seemed ok, but I beleive there is room for improvement.
@minnowbooster and @reggaemuffin @aggroed How about a resteem bot?

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how much should a resteem be worth it? and will anybody buy that? I think these bots exist a lot already

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It would be interesting to setup an account with a lot of visibility/followers and allow people to bid on having that account resteem a few articles a day.

Many minnows have said they would rather have a resteem from someone with followers, than a vote or even a tip. These are people who are proud of their content and want others to see it. These users are more valuable to me than those who just want more payout regardless of what they write.

I am not saying this group should build it, but I have been wondering how we can help people to pay for visibility. Promote doesn't always work and I have quit looking at it.

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good ideas. We are certainly looking into that area but are still in the planning phase.

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@raggaemuffin I discussed it with aggroed earlier today. he may share the full ideas I suggest in details with you and if you think we can discuss further please let me know in PAL. I would love to see it come to life. I wanted to have a chat with you but couldn't find you anywhere.

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You can just chat me up on discord, same name in pal and minnowbooster discord

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thank u ... resteem is actually the core of this site where everybody share their SP with each other...I mean, it iscalled re-steem after all...sharing is happiness but sharing steem is a "dreem" lol am all fired up with this implementation and willing to invest my 2 cents in it all the way... dont let the steem cool down on us @whatsup...because that is "whatsup" !!

i Think you know, i am your follower :) that's because i like your posts :) @ronaldmcatee

minnowbooster60 · 7 days ago
@exploretraveler got you a $2.25 @minnowbooster upgoat, nice!

Sir Thank you for your kind Support, here is something I wrote about you and some other steemian for your support....please check this Click Here

I already voted you as witness.

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thank you for the support!

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You are welcome

How can the be minnowbooster used for every post for .5 spd?

Cool....Great service... Can't wait to try it!!

I would like to have a free boost please.

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saving this for later :P

i tried 1sd it worked ...got 2sd...can i do higher...like 10 or even 100sd... whats the maximum one can do or can one pay for upvotes multiple times...from wallet...transfer

its really help full

Whats the minimum sp you can delegate? Is it like no matter how sp you delegate the voting power remains same for all users or if i delegate less i get less is the rule?

This is great, you have to try.

The details are great. Thanks!

Please can you put me through i am interested

Testing out, lets see how it goes. Saludos

I have just learnt lots of thing by this post. Thanks for the effort.

Thanks for the info.

I'm checkin' it out

Ok, so 2 times now i have tried to use the upvote bot and i keep getting delegated money. I put my posts url in the memo and it keeps giving me SP delegation. Whats up with this??? I want to use this bot but i must give up unless this is resolved.

This is what I'm looking for. Thank you @minnowbooster.

I liked! Following!

i just gave my only 1 steem lol lets see how this goes

must try it.....

How to undelegate my STEEM?

the bot is ok.. few people are not using it correctly that's why so many complains.

today I send $1 and in less than a minute @minnowbooster upvoted my post with $1.71

check out the post yourself

https://steemit.com/newbies/@skreza/good-morning-followers

I have only used the upvoting method and it worked fine. I haven't tried the delegation method yet.

Very cool. Great idea

I want to rent 25000 SP for 4 weeks. how much steem should I provide?
@minnowbooster

Awesome I'm ready to join.

very good and use full information thank you.

Is Delegated SP Leasing still happening? I tried it a while back and liked it and want to do it again.

Thanks for the vote but I still do not know how it works but highly appreciated.

Thanks for sharing !

Hello people of @minnowbooster. I tried your upvoting service about an hour ago, but still don't see an upvote.

I transferred 0.5 SBD to upvote this post:
https://steemit.com/colorchallenge/@marcovanhassel/colorchallenge-tuesdayorange-royal-elephant

Could you help me out?
Thank you

Thank you for refunding my SBD. I want to bring the following to your attention:

I followed this link:

Which brought me to a post with this text in it:

You might want to change the post that the link leads to.

I just simply do not understand this. I'm not techie enough I guess. Hopefully in time....Good luck y'all

interesting , follow you

I have some not tipical question guys and girls .
How i can exchange BYTECOINS TO Steem ?

Is there anything your minnowbooster can do without sending anything like can we resteem and upvote a recent post to get anything or stuff like that? sorry I am new and trying to learn

Is it works? Please tell me.

sounds really good!! votet

@minnowbooster Is there any way other than self voting to get my investment back if I use your Delegated SP Leasing program? Like if I choose this program, will I be voting my own comments/posts to get the investment back?

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I would love to know the answer to this myself.

The biggest issue I see with the leasing program right now is mathematically, you'd really have to upvote yourself consistently for weeks before you see a return...and it's mainly because of the removal of the dynamic pricing of SBD to SP. With the set 40-41%...it's a task just to break even.

But I'm trying to determine if the leasing program was meant to be profitable in the first place or a tool to potentially increase your following.

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You did some home work dude, let's wait for the reply now.

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The current price was from before the reward pool drop and it will most likely be challenging to get your investment back. We are looking at different ways to change that and are actively coding up a solution as we speak :)

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I do think the answer is along the lines of actually creating a two sided market. Let the leasor and the leasee determine an acceptable price...

Almost like a bid/ask of a stock market...but in this case, the bid/ask will be based off STEEM POWER per STEEM and which will determine a fair APR.

This way, you guys don't have to worry about setting up what is an acceptable return is...it's all on the users and you guys get your 10% cut for basically being the escrow.

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Coding a market is really hard and lease offers don't really work because we have to make sure the lease actually goes through, so there are many edge cases that have to be handled. But in the long run it will probably evolve to that.

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I tried it once and till now I haven't seen any hardcore evidence that suggests that it is profitable or influences followership in anyway. In fact, you will have more questions than answers in my own opinion

excellent post of truth that is very useful, thanks ,,,

Can't wait to try this! Sounds great

Thanks for sharing...
Just follow please UPVOTE my blog..

Wow ! Many vote and steem power
.....

If I send say 10 steem each to upvote 2 posts, will I get votes of 30 sbd for each of the posts?
If yes, will the upvote happen instantly? Also, is it possible that I pay in advance for an upcoming post, and get the vote as soon as I post within the first 30 minutes?

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hi,

just to be safe: you have to send STEEM Dollars not STEEM!
„Just send SBD (at least 0.5 SBD) to @minnowbooster

your reward reward can be UP TO *3 max

„and receive an upvote worth up to 3 times what you paid.“

it all depends on the current voting power of the bot

„At 100% voting power the bot will give your nominated URL an upvote worth 3 times what you paid in, with the received vote value decreasing proportionately as VP decreases, ie 66% VP yields 2 times, right down to breakeven at 33% VP and a loss if you pay in when the bot has less than 33% VP. (These are gross percentage values, please take into account that on Steem 25% of the post value goes to the curators, in which case the NETT breakeven is actually at 45.67% VP)„

the upvote happens quite instantly within a couple of minutes in my experience, you could just try it with a small amount but as you need the post-url in the memo, i think the post has to be published first

this is very good. though i dont have more steem power, i am enjoying using the 5SBD right now. thanks a lot