How to Delegate Steem Power in Under 1 Minute (And How Much You Should Delegate to MinnowSupportProject)

in #minnowsupportproject7 years ago (edited)

It’s been a hassle for most people to delegate Steem Power (SP) to @minnowsupport. Incorrect information, confusing equations, a question of how much to delegate, etc. So here’s the deal: I’m going to tell you how to do it, and how much you should delegate. And I promise I’ll make it easy.

MinnoWhale.jpg
MinnowSupportProject - Learn to Whale.

How Much to Delegate

The question of questions. Somewhere between 10-25% of your available SP seems reasonable. That’s AT MOST ¼ of the weight of your vote. A few cents for most members. That leaves you with plenty of additional SP for curating great content and for that initial boost on your own articles.

What matters is that you’re supporting the MinnowSupportProject. Because it’ll support back. Don't forget to re-evaluate your contribution every few weeks, and up your delegated SP as you grow!

How to Delegate SP in Under A Minute

Prepare. Copy link. Follow 6 easy steps. Pat yourself on the back. It's easy!

Preparation

Here’s what you need to have prepared:

  1. Desired SP Delegation (verify you have enough available in your Wallet)
  2. Active posting key (go to Wallet, Permissions)
  3. The links I provided below

Delegation

You’re going to use the SteemConnect tool. No downloads, no apps, just pasting a link. Find your desired SP level below (or calculate your desired vests yourself).
Find your link below, then follow these steps:

  1. Copy the link and manually replace "username" in the link with your own (no @ symbol)
  2. Put the link in your browser, hit enter.
  3. Verify your information.
  4. Hit Continue.
  5. Enter your username (no @) and Active Private Key.
  6. Visit steemd.com/@minnowsupport and verify the transaction went through. You can send a screenshot to aggroed on the Discord server for your promotion! (Currently the steemd site is down, so just message aggroed).

Common SP Values, Their Vest Amounts, Your Link:

REPLACE username with your username (no @ symbol)

50 SP = 103470.397100
https://v2.steemconnect.com/sign/delegateVestingShares?delegator=username&delegatee=minnowsupport&vesting_shares=103470.397100%20VESTS

100 SP = 206940.794200
https://v2.steemconnect.com/sign/delegateVestingShares?delegator=username&delegatee=minnowsupport&vesting_shares=206940.794200%20VESTS

250 SP = 517351.985500
https://v2.steemconnect.com/sign/delegateVestingShares?delegator=username&delegatee=minnowsupport&vesting_shares=517351.985500%20VESTS

500 SP = 1034703.971000
https://v2.steemconnect.com/sign/delegateVestingShares?delegator=username&delegatee=minnowsupport&vesting_shares=1034703.971000%20VESTS

1000 SP = 2069407.942000
https://v2.steemconnect.com/sign/delegateVestingShares?delegator=username&delegatee=minnowsupport&vesting_shares=2069407.942000%20VESTS

Example:

Screenshot (11).png

Screenshot (12).png

Screenshot (15).png

Screenshot (16).png

And that time includes taking screenshots. BOOM! So what are you waiting for?

Want to Delegate a Different Amount?

Delegation is sent in vests, which are calculated using the following equation, rounded to SIX decimal places:

(1,000,000 / steem_per_mvest) x (Desired SP Delegation)
Where steem_per_mvest is found by going to https://steemd.com/ and looking at the top right. Currently it’s 483.23

Example for 250 SP:

(1,000,000 / 483.23) x (250)
(2,069.407942) x (250)
517,351.985500

Here’s the generic link:

https://v2.steemconnect.com/sign/delegateVestingShares?delegator=username&delegatee=target&vesting_shares=0.000000%20VESTS

Where username is your username, target is your targets username, and 0.000000 gets replaced with your desired vest amount (to six decimal places, even if they’re 0’s).

Have Questions?

Ask in the comments section or... be smart:
• Join the project! Start at the Discord channel: Join now and follow the instructions to register.
• Follow minnowsupport.

Sort:  

I can't find out how to undelegate? I want to verify this lol. Is it the same as delegating to a user except this time you put 0.000000? If that is correct..does that happen a week later? So if I want to delegate 1000 SP for 1 week then I delegate the equivalent vests and then immediately delegate 0.000000 to make it only active for 1 week?

You're correct on the undelegation part using 0.000000. I'm not sure if it remains available to the account once you've undelegated, So if you delegated them immediately set it to 0 it may not be available to either of you for a week.

Ah ok. I have promoted minnow support a few times including links to the discord channel, and registered, as well but didn't see much happen afterwards. Thanks for sharing the info. Now I have a better understanding of how it works.

Glad it helped out - feel free to look me up in the discord channels whenever you have questions.

I need some sp on lease plz tell me know anyone interested to lease me Sp return of steem sbd btc

To make things easier with SP amount you can use "5%20SP" for instance at end of URL ;)

So usefull. Thanks a lot. i've done it.

Okay, I'm getting up to Step 5. and then I'm getting a red Error ❌ message...has this been happening to anyone else? And by Active key you mean our Steemit account password correct? @justinchase

Negative, go to your Wallet and go to Permissions. You'll see a Posting, Active, Memo, and Owner key. Click to show the private Active key, and use that.

You don't want to be entering your password anywhere except Steemit.com!

It seemed so obvious but thank you for confirming!! @justinchase

If you click on your wallet you will see your keys, also the Active key.

I'm too little.

So join up, get some help, get big, then delegate :)

Thanks for the post and detailed information on 'how to delegate SteemPower'.
I hope this will help every one who doesn't even know about it yet. Good post

Thanks! I hope so too.

I've been looking for this information everywhere! Thanks a bunch for this.

Of course. Feel free the share it around, and let me know if anyone has questions!

awesome man!

Just hoping mine does as well as yours ;) I liked your video aspect, I'm too lazy to do that and have to blur my posting keys etc.

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