Minnowbooster Update Log #2
If you missed our intro, read it here:
(Be wary that some details changed since then and it is only an overview)
Since the reward pool and the Steem price are both dropping, we had a hard time keeping our 5x profit promises because we had to adapt the parameters all the time. We fixed that now. The bot will now calculate how much his vote will be worth every minute and base calculations on that. So we hope that upvote values are more accurate now.
We also noticed that people use the bot a lot and its voting power hovers at around 1x profitability anyway. So to increase the overall throughput we are lowering the overall profitability. For you, this means different voting power values for the same thing.
As an example, you send us 1 SBD. At 100% voting power we will vote it up with $3 worth. After curation rewards, you get probably $2.25 out of it. At 50% you most likely get $1.10 after curation rewards. And at 33.3% you get your payment before curation rewards. Remember to factor curation rewards into your calculation, they can be quite complex and we can't do them for you as each post is different.
Since we added selfgoats, you asked us to give you an option to hide them. We got something for you. We got you stealth goats. To use them add an S and a space before your url, like so:
And the goats will vote in hiding without making a big fuss about it. But the extra work means we have to pay them more, so you only get a 2x profit instead of 3x. This is not meant to make you a profit but to give you a silent push to promote your post.
In the spirit of transparency, all upgoats (even stealthy ones) can be viewed at https://www.minnowbooster.net/upvotes where we now also display their upvote worth at the moment we did the vote. Old votes will have $0 value, but just because we don't have that data anymore.
Also for those who want to lease Steem Power and earn it back with curation rewards, @fingersik made a post about how profitable this is (short vesion: Don't expect much if you are no expert curator). We will improve the service over time and have many things planned but for now please see here if this matters to you:
We will also now try to detect and refund double votes and last 12 hours before payout votes, but don't nail us on it. If the bot fails to refund it automatically, we won't manually. Check before you send :)
(We silently lowered the minimum send for upvotes to 0.01SBD because people asked and we are stealthy goats!)
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!