Some Qurator Token News and Analysis | Round 2 Coming VERY SOON!
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The new HF22 had a massive impact on Q's curation and we are now flying to a new height that I never thought possible. I remember back in the day when I started Q with @gingerninja I told him that if we can one day make 10 steem per day with curation I will be over the moon. Fast forward almost 2 years and here we are seeing numbers much, MUCH bigger than that.
Why exactly is that? Well, this is best presented with an example.
@qurator pays out 50% of its curation as steem to all token holders.
We work out that 50% by taking a 90-day average of our curation. When the token first launched we averaged around 20-25SP so we paid out just over 10 steem daily to token holders. With 10 000 tokens issued it means token holders always got more than 0.001 Steem per token hodled. Simply because the tokens in @qurator's account that are being used to reward delegators and those tokens do not get steem payouts, as well as tokens in the Steem-Engine market. Delegators get daily Q token payouts at a rate of 0.02Q per 100SP delegated.
With the new HF that curation average climbed a lot! Currently, we are paying out just over 16 steem and climbing rapidly each day.
Below you can see the 90 day average of @qurator's curation.
Now let's look at the average growth since the HF.
That looks pretty good for token holders as it means they are getting more and more each day for holding their tokens and this will continue for quite some time until a new curation average over 90 days is established.
There were 2 double token payouts since the chain was a little wonky after the HF and we couldn't send out tokens on some days. Below is an example of payments to a Token holder since the HF. The account is hodling 300 of the 9800 Q tokens currently receiving steem payouts. The payout was 0.489 steem yesterday, that is a total of 0.00163 Steem per token and slowly growing. (0.489 steem payout/300 Qtokens = 0.00163 steem per token)
We wanted to issue 5000 tokens for round 2 when we hit 30SP curation per day, but since we flew past that we decided we will issue 10 000 tokens instead since that 40SP curation average is only a few days away.
From the 10 000 tokens, a percentage will go to the team, a portion will be sold in the Steem-Engine market, but the majority will be kept in @qurator's account to continue paying delegators their share of tokens. (Token in Q's account will not receive daily steem payouts).
@qurator will create a post with all the details tomorrow when we go live!
Thank you for reading! Steem on Steemians!
That's great news @scrooger. So happy to see it working so well for you and the team and of course the investors. 😊
Same here, never knew the HF will boost it this much. Happy that it is helping everyone involved! Glad you got in early when the price was still pretty low!
Wow! I just love My daily payout. My way to more steemmonstercards. I am waiting for round 2
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Hahaha! Love me some more steemmonster cards. Most fun on the chain! Glad you are still hodling your tokens and using the payouts well! =)
👍
~Smartsteem Curation Team
Thank you!
Please refrain from supporting activities that undermine Steem (bidbotting, tokens that do what Steem already does).
This all sounds very cool. Maybe now you can explain the benefits and how to get tokens to a plain old man like me!
Blessings!
The easiest way would be to buy them from the Steem-Engine market. They are a little pricey now compared to when they launched, but can still be worth more since you will get those sweet daily payouts.
The other alternative would be to delegate to @qurator since you are already a member. That way for every 100SP you delegate you will earn 0.02Q tokens per day, BUT WAIT, THERE'S MORE! (Imagine the infomercial voice here)Since you post often it will also mean you will get better upvotes from @qurator.
We take curations to Q and give a return vote worth 13 times more at this point. So if you delegate 100SP you will get an upvote that would be the same as an upvote from and account with 1300SP.
All up to you how you would like to go about it. =)
Feel free to come chat with me on Discord if you have any questions or concerns.
EDIT: Just visited your feed again, see what you are doing for the poor and needy! We should definitely chat! Q can try and help your foundation in any way possible! Heading to bed now but will message you tomorrow!
Thank you so much and I look forward to your message @scrooger
Blessings and have a good rest!
I can delegate now or do I need to wait for the round 2 to open up?
You can delegate at any time. =)
Yes!!!
You see that the big upward trajectory accelerated right when I jumped officially on board? ;)
Awesome movement by an awesome crew. Power to the curation masters and steem!
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Hahaha, yep, all thanks to you! =P Appreciate the kind words mate, steem on!
Very interesting news! There have been a lot of exciting things happening lately with tokens!
Indeed! So many tokens, so many things to catch up on. Q token is pretty simple though and with the new HF it is doing really good! Check it out for yourself =)
Oh yep, it looks like it is doing pretty well. I don't have any though. I would have thought I had some. Interesting.
I would have thought so too! =P
Only through delegation or sales. We gave some away in our discord a while back. But ran out of the promotional pool. Then again, you are long time member. Let me send you a little so you can at least say you have some! ;)
Thanks, I appreciate it. I might try to snag some more in the sale tomorrow. Like you said, I have been a long time member so I don't mind supporting!
Very cool news indeed!
Indeed! Stoked about it and hope to hear some opinions from your side later on when you have time! =)
Wow those graphs are pretty impressive! I’m glad to see curation programs are doing so well they will become super important once communities come into play too
I am also pretty happy, Q is doing better than ever and we need to keep up with all the changes as well. Extra work but always fun =)
Wow, that is great! Im also received daily payout as token holder. Think might need to add some token soon. Cant wait for tomorrow!
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Awesome! I see in the market it is trading a little over 3.5 steem per token, think we will go at a slight discounted rate ;)
Yeah, done buy some token today!
This is indeed great news, but not entirely unexpected. I'm curious if you have determined the price for those Qs you are going to sell on Steem-Engine since a Q is trading for far more than the original price of 1 Steem.
We have determined a price and it will be slightly lower than what the market is currently trading at. But yeah, sadly not 1 steem like it was way back when we launched. =P Thank you for the extra delegation to Q.
I was testing some things and if 1 Q stays more than 3 steem then it beats the ROI of curating with 5000SP. Even with good bot curating. So a pretty good use of SP, and the added upvote bonus =) Stoked to have you as a member.
Oh no no no! It's great, not sad that a Q is much more than 1 Steem now ;)
The way you designed the Qs to work seems tailor made to #newsteem. Did you know they were changing the curation rewards way back when you first started talking about Qurator tokens?
I did in fact know they were changing and even though I knew curation would be more and it will help the token I didn't think it will help as much as it is. I am still surprised by how much the token has grown. =)