MAP Rewarder: Distributed Rewards for 29 Apr 2018 (APR 23.5%)
This week's distributed profits are 0.450%, equivalent to an APR of 23.5%.
The gross income was 0.600%, with 10% going towards management and development and 15% to support the MAP community. Please note that the distribution is now 75% of gross profits.
Profits will be paid today to SP delegators in STEEM.
To delegate SP to MAP Rewarder, please read our Introduction document.
If you do not have spare SP to delegate, then you can still follow our Curation Trail on SteemAuto, and gain some higher-than-average curation rewards; please read the Advice section below.
News
In pure STEEM terms, upvotes are currently worth 0.47% per week per SP. This is a very slight drop compared to the last couple of weeks, despite the STEEM price rise. However, adjusted for 25% curation rewards, 50-50 payouts and the blockchain price of SBD ($3.95 as of writing) this yields 0.68% per week per SP in dollar terms.
Within this context, our gross profit of 0.600% continues to be good. Strangely, this is exactly the same as last week - such things happen!
Those of you who delegate to bidbots should look at your actual returns as a percentage of SP; you will see that those too have fallen, some of them below what we at MAP Rewarder have been achieving. Indeed, our curation income has not been affected significantly by the price drops; it has been the post rewards that have decreased in line with the price of SBD.
Most importantly, I feel we have done very well within a turbulent environment, with gross income continuing to be above the average for the market as a whole. But we have two missions: to be profitable to delegators and to support our minnow content creators. The @accelerator account, ignoring the delegated SP, is growing slowly but steadily and forms the basis of our upvotes to minnows who are MAP members.
Advice
As part of our MAP Rewarder strategy, all posts by @accelerator will, at some point, receive an upvote from a bidbot. I usually leave this for a few hours to allow our followers to upvote our posts before the arrival of a larger upvote. I know that a few have noticed this and are taking advantage of the opportunity to earn some extra curation rewards. Look at any post with large upvotes and you will see that some of the early upvoters are earning back even more than their upvote! The power of mathematics. :-)
To do so means either following just the posts of @accelerator or also the upvotes given out. This can be done within an app such as SteemAuto. Using the language used on SteemAuto, following and upvoting just the @accelerator posts is called the Fanbase; following our upvotes to earn extra curation rewards is called the Curation Trail.
Next rewards distribution will be on Sunday 6 May.
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- -Please Comment, Resteem and Upvote. Thanks!
@rycharde manages the AAKOM project and the MAP forum.
Check out the new MAP Rewarder for passive income!
You got a 1.97% upvote from @postpromoter courtesy of @accelerator!
Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!