Minnowbooster Upvote - 15 Minute Delay Policy and New SBD Limits for Upvotes.steemCreated with Sketch.

in minnowbooster •  last month

Hey there, @techblogger here with an update to our Minnowbooster upvote policy.

We have an important announcement to make about changes we are making in the @minnowbooster upvote service. After playing with the numbers we have found that the Steem community would benefit if an upvote from @minowbooster came in at least 15 minutes after a post has been published. To explain this in more detail, let's say you just published your post and sent SBD to @minnowbooster with the memo of your URL. Minnowbooster will wait to vote on your post until the post is at least 15 minutes old. If your post is already 15 minutes old and you purchase an upvote from @minnowbooster, you will receive it immediately. We have decided to make this change to allow manual curators to frontrun us and allow vote sellers some curation should that not be the case.

Currently someone using Minnowbooster in the first few minutes can take almost all curation rewards of the post for themselves as the author; rendering the post useless for curators. So while they get more value from the upvote, they lose the potential interest and additional upvotes of curators.

This puts pressure on Minnowbooster pricing and discourages other votes on posts that have a Minnowbooster vote. We don't want to lower our vote strength and we want to encourage votes on boosted posts. For these reasons, we have decided to modify our system a bit to promote a greater environment for curators and the Steem community as a whole.

In another turn of events we have also found it necessary to change our upvote limits a bit. We do this every now and then to optimize bot performance, as part of a continual review process to ensure we are giving the best possible service to our users.


The new @minnowbooster limits are as follows:

5 SBD Per Day
15 SBD Per Week


We would love to know how the Steem community feels about these new policies, please consider dropping by our discord room to let us know or leave a comment below!


What can MINNOWBOOSTER do for you

What?CurrencyAdvantages
Buy upvoteSBDEarn an instant return
Lease SP from marketSTEEMIncrease your vote strength and curation rewards
Delegate SP to marketSTEEM POWEREarn daily STEEM dividends
Invest STEEM in MinnowBoosterSTEEMEarn daily SBD dividends
Delegate SP to MinnowBoosterSTEEM POWEREarn daily SBD dividends

Read the full-featured how-to guide here:

https://steemit.com/minnowbooster/@minnowbooster/6rt2mn-introducing-minnowbooster-beta

NB! The above is an introduction post to get you familiarized with the services Minnowbooster offers. Please read it before using Minnowbooster services. Since inception we have updated many paramaters for the voting bot and DLM. You can find the most recent paramaters below or at minnowbooster.net


CURRENT PARAMETERS:

ParameterValueRemarks
Minimum Upvote0.01 SBDMinimum SBD you can send
Upvote comments?NO
Profit at 100% VP3 timesCheck VP at steemnow.com
Daily Limit5.0 SBDMaximum you can send in 24h
Weekly Limit15.0 SBD7 day maximum
Minimum SP Lease1 STEEM
1-3 Week Lease1 STEEM/75 SPPrice per week/Lease size
4-24 week Lease1 STEEM/150 SPPrice per week/Lease size

Provide us with feedback

We are happy to hear your feedback about where we can improve.


Join our Discord chat

Get support and connect with us and other Minnowbooster fans!


We are always looking to improve @minnowbooster and try to keep you up-to-date whenever something changes. If you have any suggestions about what we should change or add to @minnowbooster, then please write us a comment :)


Missed the BuildTeam announcement? Here's all the juicy details.


Video Tutorials

MinnowBooster Tutorial #1: Delegating SP to MinnowBooster

MinnowBooster Tutorial #2: Powering up STEEM to MinnowBooster

MinnowBooster Tutorial #3: Upvoting Posts with MinnowBooster

MinnowBooster Tutorial #4: Leasing Delegated Steem Power with MinnowBooster

MinnowBooster Tutorial #5: Delegating Steem Power to the Market

Minnowbooster : Sell Your Vote to MB for SBD! Upvote Bot Market (UBM) Revealed!

Minnowbooster Browser Extension - Powered by BuildTeam

Minnowbooster New Feature: Auto-Claim Rewards



And last but not least, here's our 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


Visit our flashy new website minnowbooster.net!


This is a @steemvoter subscription payment post. Thank you to Steemvoter customers for allowing us to use your Steem accounts to upvote this post by virtue of your free subscription to the Steemvoter.com bot service. @steemvoter is proudly a @buildteam subsidiary and sister project to @steemsports and @minnowbooster.

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

"This puts pressure on Minnowbooster pricing and discourages other votes on posts that have a Minnowbooster vote."

Excellent point. Currently, you have two groups competing for the votes - those who will pay out the 25% curation to their voters, and those who want to front-run that and grab it all. Those from the former group are priced out by the latter, who can buy votes even at a loss after curation cut because they aren't giving out a curation cut.

Thanks for a solid change and explanation.

Thanks for the update. Great work!

Indonesian version of this MinnowBooster publication/Publikasi Minnowbooster versi Bahasa Indonesia
https://steemit.com/minnowbooster/@isaideureka/minnowbooster-upvote-kebijakan-15-menit-dan-batas-sbd-baru-untuk-upvotes

Psst! @techblogger ! Please edit to add a link to the anti-abuse policy, or just add it to the post (it's important enough) in its short 3 point version.
I think that every chance to remind MB users what can and cannot be promoted should be embraced. And will save everyone subsequent headaches. <3

I think this is a very deeply flawed policy. You should be concerned about your "investor" rather some random guy who makes money on top of your "investors" money.

While it's good that you guys are thinking of the curators. But as an Author and Investor in your product, I would not care who makes what. Investing in your product is like keeping a collateral for 7-days period. If I have my money tied for 7-days I would make sure to get the maximum otherwise I would just power up.

Secondly, the delay period also seems a bit unsatisfying. Although, I do understand that the bot needs rest too to recover but you could just use a 2-hour rest or so.

Speaking from a personal point of view, I loved MB services just because of it's "instant upvote", that was the "core strength" of MB. Otherwise, I could just use any bot and that would also be great, because there's no weekly or daily limits for them.

Don't get me wrong. I loved what MB is doing for lesser-privileged. I am just concerned for those who are not making much and also reminding you what your "core strengths" are from a user perspective. I hope you guys re-think the policy.

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I agree , "instant upvote", that was the "core strength" of MB. Otherwise, I could just use any bot and that would also be great, because there's no weekly or daily limits for them.
Besides that your not able to serve everyone you have serious operating limitations and now have become less profitable and i hope this can be fixed :)

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Our limits will be addressed the next days. And insta voting is still active for all posts older 15 minutes.

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You still get an instant upvote, if your post is more than 15 minutes old. Currently we have many users selling their vote via Minnowbooster and we also need to look out for their interests as well as minnows' - hence we are looking for a balance between both and that is at 15 minutes.

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@reggaemuffin and @furious-one that's not counted as instant upvote for the 'post' even if you make it instant after 15 min. If it's not within the 3 min after the post has been published, I am losing.

Here's the point what I and most user does:

I never used MB when my post was even 10min old. The other users does the same. That was just a "damn good policy".

asd.png

At 15 min it's a 50/50 split. I am afraid you will lose 'users'. Most will shift to bidding bots and other who has no limits.

From an author point of view when I spend an hour or so on an article I want to see it doing good. And when people see it doing good, they jump in to the bandwagon. The whales are not going to Upvote me anyway. The noobs does. The lesser educated does. So, If a post is doing good people jump in anyway. Because If my post get's an hour old, nobody see's it. It's done and dusted.

I totally understand your point of view and that makes sense. It's also good for the bot and seems sustainable too.

But I again repeat, your core strength is 'instant upvote irrespective of when the post is published.' I really want to see you doing good. But that's not what I see. Hope you get the point. Tx

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From an author point of view when I spend an hour or so on an article I want to see it doing good. And when people see it doing good, they jump in to the bandwagon. The whales are not going to Upvote me anyway. The noobs does. The lesser educated does. So, If a post is doing good people jump in anyway.

Well, you still see it doing good, as 15 minutes is not a lot of time. We could probably raise it to 30 minutes and still kick you to hot.

Other option is to vote with less amount if you use MB early and I don't think that would be better.

At 15 min it's a 50/50 split. I am afraid you will lose 'users'. Most will shift to bidding bots and other who has no limits.

So you have to be really really sure to post your post at the moment the bidding bot votes to get in early. And you have to check if rando is awake. And if you use two bidding bots you are basically screwed as newer both cycles will align that much.

I see your point and for exactly that reason we took 15 minutes instead of 30 minutes. With changes like this we can cut out those users that use MB only for profit (read: most of all abusers and some users we have to live with) and then raise the limits for genuine users.

See this value proposition: Instead of allowing you to send us 5SBD and you make 4 SBD profit, we will now allow you to send 25SBD and make 15SBD profit and get into hot. And all our changes are geared to this: Giving authors a way to promote themselves basically for free or with a small profit.

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I want a big profit :(

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Are you not also a curator if you self-vote for your post as soon as it is published?

I actually think that I am going to use MinnoBooster at least a day after publishing to allow for rewarding those that did vote for me. You already get 70% back at least for being the author.

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Thank you for the thoughts, your point is noted. We will monitor the usage and discuss it again in the future.

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Alrighty, you are the boss. :) Thanks for listening.

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Hopefully frontrunners will make up the difference now they have a window.
You're a smart guy. You probably know MB is backed by investors and investors need ROI. Currently the ROI is not high enough to attract investors to match demand. Conversely, if the investors are too greedy then demand will fall.

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Exactly :) And we will over the coming weeks monitor supply/demand and shift it in the direction it wants to move.

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Agree with you mate. And you seemed to be the only one for now with the same thoughts like me.
Not really happy with the 15m delay. As you said, it was their premium strength
Will see now =)

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I am not happy with it either but if they would let the bot recover to 90-100% things already are looking better. I think everyone using minnowbooster would agree with me.

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Just what @furious-one said. This only applies to really new posts. So if your post is under 15 minutes old, we will vote at 15 minutes. For example if you use MB at 13 minutes, we will wait 2 minutes to vote. If you use at 17 minutes, it will happen instant.

And just to add, this will not affect us not needing recovery periods :) It is just a policy to be fairer with the rewards.

Hey @techblogger,
I think this is a very good idea.
I started doing this manually after I knew about it. I usually wait 24 hours if I use vote bots, so most of my upvoters get a curation reward.
But that would be way to much for a booster and I highly appreciate your new concept!
Keep on developing the @minnowbooster, you all do an amazing job!
Thanks for that! :-)

oohh no :( Now there is almost no profit for a minnowbooster upvote if will be taken away also 25% from curators :(

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We are factoring in curation into our calculations. It is just not possible anymore to steal curation rewards from others with help of MB

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sad, another big useful tool gone from my part.. not useful to send 10$ and receive 12$..
Hope you will reconsider it in future.

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You think? I'd say getting essentially promotion of your post that also pays back more than it costs is pretty good. And it makes no sense to give out $20 to 5 people if there are 10 people who would be glad with $10 ;)

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Understand your point of view :) good luck, from a loyal investor and supporter :)

This will be less interesting for us ofcourse. Damn. You will get higher profit yes. I mean the people behind minnowbooster. But @reggeamuffin pls tell us here why you dont take a day or 2 to let the votingpower reach 90-100 % . Thats more interesting for bith users and devs. Even when minnowbooster was off a few dats someone kept the votingpower around 70%. We could have had 100%. That frustrzted me alot. I hope someone of minnowbooster takes time to answer this. Dont you think it is a good idea?

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The problem is: We already have a huge demand for upvotes. We are currently considering lowering profitability till we can supply all upvotes. Letting it recover would just instantly drain it down to 57% again. And then what? Be like randowhale, asleep most of the time?

We are currently working hard to find more sellers and therefor more upvotes for you fine folks :) And this change is one of many to make it attractive for them to sell on minnowbooster while keeping our pricing fair for everyone.

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Demand and supply. Currently, MB upvotes have more demand than supply. To stimulate more supply they need to attract more big investors to sell their votes.
I'm an investor; I have a family to feed so ROI matters.
I think this is a good balance, and hopefully the authors get more frontrunners to cover their slightly lower curation rewards.

I've switched to using minnowbooster as my only pay to play upvote service and I only use it to upvote 4-6 day old posts. I do this for two reasons.

First to get a little positive ROI while coverting SBD to Steem Power.

Second, to give a reward to my upvoters with some exter curation rewards. I try to make sure to minnow booster posts that have been upvoted by both @qurator and @minnowsupport .

I would prefer seeing Minnow Booster keep the 5SBD a day/15 SBD a week limit so the vote power climbs.

Oo new update :)

I think its great that you are giving other people the chance to make curation awards before minnowbooster! Thanks for caring! :)

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Frontrunners! They're going to happen, so i like how they're making it work for authors and investors by working with the frontrunners.

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As a side note we also provide an api that people could use to automatically frontrun. If demand is there I could expose a delayed field that shows how many seconds our upvote was delayed. This would provide for an interesting incentive on those really big upvotes we have planned. If you know they happen, the biggest question is, when will you frontrun? At 10 minutes? Maybe someone else frontruns at 9 and screws you.

I could even consider offering this as a MB feature. But currently priorities are at improving the service.

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That's a great idea!

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The smart front runners will look at the post age and figure it out.
Maybe team voting, where multiple SYV seller are combined to meet the larger orders? But, fun times figuring out how to graph that on the vote value graph thing.

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We were already thinking about combining multiple sellers, but we noticed it would not scale that well :I We need 100 1 cent voters to get 1 dollar. And it would look like 100 votes. And when should we do that? I have some ideas in that area but other things have priority and are easier targets with more effect ;)

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Where can I find more information about that API?

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Check https://www.minnowbooster.net/upvotes.json you can add a ?page=1 to step through the upvotes. If you need additional data, just write me here or on discord and I.ll get you sorted. There is currently no doc so things are subject to change. And generally: If you need MB data, tell me what you need and why and I will build you an api for it.

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Thank you :)

David Bowie would love minnowbooster, it's all about the "Ch-Ch-Ch-Changes!" (-: peace all

Great.love it

interesting information thank you
blog.png

Great, awesome it's an amazing....👍👍👍👍👍

bu hiç iyi değil

Noted :)

Great post ...
Very good

nice info friend
thanks

wow great job sir...

sir please give me one upvote on my introduce myself post. I'm new. so plz upvote me sir.
https://steemit.com/introduceyourself/@kazalmahi/to-introduce-myself

Interesting so now you sell votes and get more curation rewards too . Quite decent progress clap clap !

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We can't disable curation rewards, we have to factor them into all calculations. And when it is such a wildcard if someone votes at 2 minutes or at 15 minutes we had to change that.

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Make it 30+ to make it even better.

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We thought about 30 minutes to allow even more frontrunners but that would interfere with the hot placement

really nice idea.i like it

It's great initiative taken by you @minnowbooster, thanks for your's guidance

Great post

Verry Good Post @minnowbooster

Very interesting, good post and I like, hopefully the next post better with a more perfect idea. follow me @pojan, Upvote and give a positive comment for me.

https://steemit.com/homesteading/@pojan/airport-and-important-thinks-about-the-airport-20171030t204222855z

Dear friends, I am new on Steemit. So please guide me how to use @minnowbooster. Please guide me.

This will be a lot handier not only for people looking for curation rewards, but to help limit how much the @minnowbooster VP is due to less weekly limit on use.

I am new in steemit.so guys please give me upvote and follow

FRIEND CUTE POST HELP ME WITH A SMALL TRANSFER OF DOLLAR STEEM I AM NEEDING TO COVER NEEDS IN MY FAMILY OR SIMPLY HELP ME WITH REESTEEM OR UPVOTE MY PUBLICATIONS @felixrodriguez

Nice post!!
Thank you!!:)

really like this idea. Gives us "manual folk" a few minutes to get in there before the bots take over.

Hey @@minnowbooster,
I think this is a very good idea.
I started doing this manually after I knew about it. I usually wait 24 hours if I use vote bots, so most of my upvoters get a curation reward.
But that would be way to much for a booster and I highly appreciate your new concept!
Keep on developing the @minnowbooster, you all do an amazing job!
Thanks for that! :-)

Ask permission for translate to my language Indonesian

great post buddy

Buen post!

4-24 week Lease 1 STEEM/150 SP Price per week/Lease size
how do you calculate it for example 200 steem × 150 = 30000 sp for 28 days. but with your calculator 266 steem = 10000 sp for 28 days.
and investors are losing 266 steem = 10000??????

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It is per week. So 200 STEEM gives 200 / 4 = 50 STEEM per week. 50 STEEM * 150 SP per STEEM = 75 000 SP.

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ok, thank you I understand.
but it's not profitable with the current steem price.
yous have to increase 1 STEEM = 200 SP.
good continuation

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Would people lease out SP if they could just profit from it themselves? Leasing SP is intended to give yourself a voice, to make others noticing you. It will be wasted if you just self upvote yourself for short term rewards :)

Hello @minnowbooster

You are doing a great job.
The minnowbooster team are doing wonderfully well by always keep the users up to date and also putting up efforts to keep the community going.

Keep the good job going

@maintain4real-eu

This is very informative and interesting for those who are interested in blogging field .

This is very informative and interesting for those who are interested in blogging field .

wao: good content & some nice pic keep it up

thanks. but last week i send 5SBD but there is no upvoted.. it return back to my wallet

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Then read the memo why it got send back. That will help you immensely :)

Thanks for the heads up. Much appreciated.

Wow, Your Post is Awesum, Thanks for sharing :)

I just got one of these🤘

Can someone tell me how to recover the SP that I delegate to the bot?

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You can simply undelegate to it. If you need a steemconnect link, get on our discord and we craft you one :)

fair enough, you cashing out money plus gonna take 50/50 delegation cake? good luck lol

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50/50 delegation? You mean curation?

Currently the demand is clearly showing people want upvotes. And investors want curation. And people want to vote on posts and earn curation. A MB vote at 2 minutes ruins all three. MB earnings don't change by this ;)

Congratulations @minnowbooster, this post is the most rewarded post (based on pending payouts) in the last 12 hours written by a Superhero or Legend account holder (accounts hold greater than 100 Mega Vests). The total number of posts by Superhero and Legend account holders during this period was 32 and the total pending payments to posts in these categories was $1455.48. To see the full list of highest paid posts across all accounts categories, click here.

If you do not wish to receive these messages in future, please reply stop to this comment.

Really interesting approach

I'm happy with it.

I can front run @minnowbooster now and it stops me from being tempted to use a vote too early!

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Can you explain how to front run @minnowbooster. If you make a post can you @blockgators me so I will know?

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Just look at the wallet an the targeted post 😎

But I assume you can (pay to) be on a list too.

What was the "exploit" here? people was using the service immediately after posting to get 100% back? 75% and 25%? If I understand correctly, you don't even need to self upvote for this to works?

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Exactly. And we reduced this a bit to be fairer for those who only get 75% :)

nice post. upvoted

The Steemit gltiches last week have me playing catchup with replies. This post regards the most recent changes proposed for Minnowbooster guidelines.

  • Your post will be unvoted by Minnowbooster
  • You will not receive a refund for the original upvote.
  • 150 words

Worthwhile change is rarely met without controversy. I think anyone posting would be surprised how swiftly 150 words can come together in an original post.

I think 50 words on a comment/reply would be more adequate (jmho)

Thanks for this update; and best regards for the minnowbooster project.

Peace.

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Since we currently don't vote on comments at all, we use the 150 words guideline :) We are are pretty relaxed about it as some forms of posts are naturally similar in work while having less words.

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Aha! Thanks for the clarification! ✌

This post has been ranked within the top 10 most undervalued posts in the second half of Oct 30. We estimate that this post is undervalued by $102.63 as compared to a scenario in which every voter had an equal say.

See the full rankings and details in The Daily Tribune: Oct 30 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.

If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.

Always love you @minnowbooster..! Thanks for support minnow

great post, thanks for sharing

yesterday i sended 3 sbd and revieved this message
We detected an open value of 0.930 SBD, worth 0.475 SBD in send. Steem had problems and we could not vote the full amount that our comment displays, here is the difference between what you send and what we delivered back :) Read more about all the details here: https://steemit.com/minnowbooster/@minnowbooster/minnowbooster-wrong-vote-values-the-problem-and-the-upcoming-solution

How i will get my remaning amount back

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Ähhh, your message has that amount attached :D You already have it back

Great post

great post....get all the the benefits and get the discord

Good posting...

Good posting

Post yang bagus saya menyukainya

No this makes sense

let ma ieh

Congratulations @minnowbooster!
Your post was mentioned in the hit parade in the following categories:

  • Upvotes - Ranked 1 with 1077 upvotes
  • Comments - Ranked 7 with 118 comments
  • Pending payout - Ranked 3 with $ 202,64

Awesum Post!! Great!!

I have a question unrelated to this topic, but regarding daily quota 5 SBD. I sent 2.6 SBD 24 hours ago, for upvote and today, few minutes ago I received message after sending 2.6 SBD for today upvote, that I am over limit, which is clearly an error. Can you please explain why? Thank you @minnowbooster

Thank you information @minnowbooster