📢 #SPUD4STEEM RULE UPDATE🌎🥔
For the past twelve months since re-cooking #SPUD4STEEM we have made some minor tweaks to the rules, we now are announcing another update to the rules/guidelines 📢
SPUD4STEEM UPDATE 🥔
Since this competition is about Powering up all winners of Delegated Steem Power must ensure they are doing two things while in possession of a 21 day Delegated prize.
Set all post's to 100% Power up - after all this competition is about building Steem Power, or if you must set posts to 50/50 then SBD's earned should only be exchanged for Steem using the Steemit internal market and then it should be Powered up..
https://steemitwallet.com/market
Using the Internal market lowers the SBD and Steem supply going to the open market (External Exchanges) which is a good thing for Steemit!
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Lets take a look at the entire list of guidelines including our new # 8
#SPUD4STEEM guidelines
1, To be eligible for prizes Steemit users MUST NOT BE POWERING DOWN 7 days before the competition starts on the 1st day of the new month, remember this competition is about powering up and not powering down. Any prize winner who is found to be powering down while in possession of a delegated prize will have the delegation removed – checks are done 😊
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2, Steemit users must have more than 500 Steem power in their wallet before #spud4steem & no more than 20,000 Steem power. Delegated Steem power (in or out) does not count towards any % increase.
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3, Steemit users must have a reputation of over 40 & under 75 to be eligible for prize pool
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4, Participants must have at least 1 post before the 1st of the month talking about this contest & their intention of participating. A clear picture of their wallet showing account balances must be included before starting the contest. The tag #spud4steem must be used.
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5, Power up must be done on the 1st day of each month in your countries TIME ZONE. One power up per account per #spud4steem day.
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6, Your post on the 1st of the month must also show CLEAR screenshots of your wallet before & after power up, so that it is clear & easy to calculate the % increase of your powerup. Daily claimed rewards are not included.
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7, Steemit users who meet the above criteria also have to be active on Steemit - that means we will no longer accept accounts clearly taking advantage of our Sponsors. In 2020 we had accounts come out of the blue only just meeting the threshold of 100sp and dominating the winners list with a power up. This is the reason the entry requirements of 500SP now exists to try to stop this.
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8, Since this competition is about Powering up all winners of Delegated Steem Power must ensure they are doing two things while in possession of a 21 day Delegated prize.
Set all post's to 100% Power up - after all this competition is about building Steem Power, or if you must set posts to 50/50 then SBD's earned should only be exchanged for Steem using the Steemit internal market and then it should be Powered up.
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Here's an Example:
- User 1 has 500 Steem and power's up 75 more Steem power which will be a 15% increase
- User 2 has 1000 Steem and powers up 75 Steem Power more, which is an increase of 7.5%
So in this scenario user 1 has a higher % and is more likely to win a prize compared to user 2
These awards and gifts are designed to promote the launch of the Steem Blockchain to provide a better understanding of how Steem power supports the Steem Ecosystem.
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It's really important people read and understand these rules, i have seen a few accounts miss out on prizes for not making posts before the 1st of the month - see # 4
SPUD4STEEM Sponsors
These kind sponsors are providing these great delegations as prizes, i really appreciate the work they all do around here
@xpilar
@steem.history
@hingsten
@bippe
@kiwi-crypto
@steem-supporter
@steemchiller
@kiwiscanfly
@randulakoralage
@adeljose
@mariana4ve
With the current SBD prices people would get alot more STEEM to power up by using the internal exchange..
Might even push the price up as well......
I can participate in this?
hi
You need 500SP as a starting point to enter
Means i can't participate 🤣
But we can always our powerup showing our will and dedication @abeeha :)
SP is the future. Today's powerup will make us eligible to participate in the next month's spud. If not, then in month after that :)
But we should keep powering up and maintain a balance between earning and savings :)
Yours, CR PAKISTAN.
Haidermehdi.
Las reglas se vuelven más estrictas 😏 solo los verdaderos líderes y entusiastas de steemit serán recompensados en esta iniciativa.
Pronto veremos lo mejor de lo mejor en la tabla de posiciones. Junio promete ser interesante. 😀😎🚀
#affable #venezuela
I agree 100%
June will be interesting :)
ready for the spud! greetings to you friend.
like the idea of only using internal market
🥝
yeah boi :)
Thanks for the update and permission for translation to my native language Bangla @kiwiscanfly
Thanks for that - have a great day
Have a great day to you too
Hi @kiwiscanfly, I am interested in the steem4spud, but I have a question. Is it necessary to make a single ignition (the first day of the month) or from the first one will be made several ignitions throughout the month that the initiative is celebrated?
Hi
To be considered for the prize pool you can only do 1 x powerup and that must happen on the 1st day of the month :)
Hope this help
nice rule
Usefull article ...
now i can participate with SPUD4STEEM....😎😎
I'm fully ready for this 💯%