Upvote Shares Level 20 (100% Complete)steemCreated with Sketch.

in #palnet4 months ago

Upvote Shares is a project from @costanza that aims to provide Daily Upvotes based on a fair model that should be sustainable and scalable over time. More on the Model Mechanics can be found here. These posts are made each time a level is complete and include all the details of the different Shareholders and Sponsorships


Level 20

It took a bit longer than usual, but Level 20 is now 100% complete with the Steem for all shares being locked up in Steem Power which continues to spread daily upvotes to all shareholders. All unsold shared got burned as the account grew and they increase the returns for all shareholders a bit as the upvotes for these shares along with the curation dividends get redistributed to all active shareholders. In total since the start of this project 28 shares got burned, 34 are still unused as they are reserved for Sponsorship conversions and 18 are unused for future giveaways.

15 STEEM from entry fees were used to get an extra delegation of 380SP for 15 weeks. The upvote % for each share had not been adjusted for multiple levels which put some more pressure on the Voting Mana. I did adjust it down yesterday from 3% to 2.8% for each share with the aim to get voting Mana back above 80%


I also continue to increase the staked steem-engine tokens...
CoinPowered Up
STEEM5411 SP + 1696 SP Lease
PAL1030 PAL
SPORTS210000 SPORTS
LEO500 LEO
DBLOG1000 DBLOG

Level 19 Shares


ShareShareholderSponsorship
1001@byebyehamburgers@plantstoplanks
1002@byebyehamburgers@lenasveganliving
1003@trincowski-
1004@trincowski-
1005@trincowski-
1006@bashadow@shasta
1007@meesterboom@obercreative
1008@meesterboom@obercreative
1009@meesterboom-
1010@meesterboom-
1011@meesterboom-
1012@meesterboom-
1013@meesterboom-
1014@meesterboom-
1015@meesterboom-
1016@meesterboom-
1017@ervin-lemark-
1018@ervin-lemark-
1019@ervin-lemark-
1020@ervin-lemark-
1021@ervin-lemark-
1022@fullcoverbetting-
1023@fullcoverbetting-
1024@wongbraling-
1025@davedickeyyall@yogajill
1026@davedickeyyall@yogajill
1027@davedickeyyall@zekepickleman
1028@davedickeyyall@zekepickleman
1029@davedickeyyall@hippie-witha-gun
1030@davedickeyyall@hippie-witha-gun
1031@davedickeyyall@drutter
1032@davedickeyyall@silversaver888
1033@davedickeyyall@summertooth
1034@davedickeyyall@onewomanwalks
1035@fullcoverbetting-
1036@fcb.spt-
1037@fcb.spt-
1038@erikklok@pundito
1039@erikklok@peekbit
1040@bashadow@shasta
1041Burned-
1042Burned-
1043Burned-
1044Burned-
1045Burned-
1046Burned-
1047Burned-
1048Burned-
1049Burned-
1050Burned-

The ones who haven't given out their sponsorships can still do so the next couple of days in a reply to this post if they want to...


All Minnows that were with some delay sponsored added to the upvote list from the @minnowshares account from which they now receive upvotes until the next level is complete. For more info in case you got sponsored see This Post


Read Table:

The Account reached 5082SP which opened up Level 20 and made 50 new shares available that were acquired for 4.400 STEEM each (220 STEEM Total). This was Powered Up and 22.0SP (10%) was added on top. (an equal amount was paid out as curation rewards to shareholders) The account now needs to reach 5397SP (+22.3SP) making every share worth 4.460 STEEM to open up Level 21 ...


Previous Levels Information

LevelPostSpreadsheet
00Level 0 (100% Complete)Link
01Level 1 (100% Complete)Link
02Level 2 (100% Complete)Link
03Level 3 (100% Complete)Link
04Level 4 (100% Complete)Link
05Level 5 (100% Complete)Link
06Level 6 (100% Complete)Link
07Level 7 (100% Complete)Link
08Level 8 (100% Complete)Link
09Level 9 (100% Complete)Link
10Level 10 (100% Complete)Link
11Level 11 (100% Complete)Link
12Level 12 (100% Complete)Link
13Level 13 (100% Complete)Link
14Level 14 (100% Complete)Link
15Level 15 (100% Complete)Link
16Level 16 (100% Complete)Link
17Level 17 (100% Complete)Link
18Level 18 (100% Complete)Link
19Level 19 (100% Complete)Link
20Level 20 (100% Complete)Link

Next post will be posted when the next Curation Reward Dividends will be paid out followed by Level 21 Opening up...

100% of the token earnings from this post will go towards growing this account and increasing the value of each share. As always feel free to leave remarks, suggestions or questions in the comments and let me know if I made a mistake somewhere not adjusting your voting % properly. Thanks Everyone !

Sort:  

Thanks for the report.

I see that I forgot about the sponsorships - again.

Here they are:

@marenontherun
@pele23
@karenmckersie
@mad-runner
@runridefly

!BEER

No Problem @ervin-lemark. Sponsorships have been noted and were added to the @minnowshares upvote list. Thanks

I'm confused. I didn't know anything about this project but someone is sponsoring me? Is that how this works?

Upvoteshares is a project that allows content creators to get themselves basic daily consistent upvotes. In many ways it's similar to SBI but with much more focus on the numbers actually adding up making sure it's the shareholders who get good returns. Each share also allows 1 sponsorship, this will give daily upvotes from the @minnowshares account which are limited in time until the next level is complete. Getting multiple sponsorships will result in getting free shares in the @upvoteshares account that give permanent upvotes. I hope that explains it. If you have any more questions always feel free to ask.


Hey @upvoteshares, here is a little bit of BEER from @ervin-lemark for you. Enjoy it!

Learn how to earn FREE BEER each day by staking.

CTime just recently wiped out the payout on this post @upvoteshares / @costanza. Great ... Preview of "coming attractions?"

I noticed yes, it's quite lame though. The program does no self-upvoting, has quality/minimum SP requirements, only makes rare post with needed information and yet they are blindly downvoting because they see it as upvote circle while things as quarator / steem-ua are way worse in this regard.

Anyway, I'll see what it gives when declining the post eaning in next post where curating reward dividends are given out. I don't think any of the shareholders have been affected so far.

Thanks for the response @upvoteshares / @costanza. I always value your perspective. I agree with this:

"I don't think any of the shareholders have been affected so far."

We'll see how long this proves to be the case. SBI has always been a far larger target. The sad reality is ONE fairly good-sized account, choosing to do so, can make life pretty miserable for a large number of our fellow Steemians.

It is not easy to make progress "in here," so that is always my concern. What any of the actions do to discourage others ...