How and Why Delegate Steem Power? SP Delegation Tutorial!

in #steem4 years ago (edited)

Steem power delegation tutorial.png

Delegating Steem power allows us to give another user the benefits of the stake we receive holding Steem! The most helpful tool I have found for doing that is available at http://jerry.tips/spdelegate which I demonstrate using in this tutorial!

Watch the Video Tutorial on @Dtube!



Why Delegate Steem power?


  1. Empower an application, author, or curator to make higher votes. @dtube, @dsound, @utopian-io, and @dlive have large delegations from Steemit Inc which help incentivize the use of these apps by providing higher rewards for authors using them and receiving upvotes. Thousands of individual users have delegations to help provide more effective curation.
  2. Earn money as an investor using voting bots. For an investor simply hoping to hold and earn without taking time to read posts and upvote every day, delegation to voting bots provides a transparent and simple system to get automatic daily payouts. Delegating to me currently earns about 36% APR in Steem for delegations. When the Steem and/or SBD price goes higher, these earnings also can increase significantly. At one point the payouts were 60%. View all the bots at https://steembottracker.com/.

How to Get Steem?


For those of us newer to Steem, learn the basics including how to buy and sell on exchanges to fund our account at http://steem.guide.

Thank you for watching this video on @dtube which I hope is helpful for learning about delegation on the Steem blockchain!

Love,
Jerry Banfield


▶️ DTube
▶️ IPFS
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Awesome

Thanks for the post Jerry. Didn't realise how high can the earnings can be by delegating steem power to bots!

Hey there friend.
I am new on steemit
I wish you would follow me . erm...can i get your follow?
Please say yes because i dont want you to miss the good stuffs i have for you.
I will upvote you anytime i come across your post.
That is when i buy more steem power and am planing to buy steem power tomorrow or Wednesday so take a second and follow as i have and you will truly feel me😂😂😂
Thank you friend

I follow you! Follow me back and upvote my posts ❤️

Please follow me back and also vote for me...

I upbutt you you upbutt me?

also new here bro,will be glad if you will follow me,lets be partners please.....

Please follow me back and also vote for me...

Please follow me back and also vote for me...

please fellow me back and also vote for me..

I am not sure if I understand,
What happened if I delegate Steem Power to @jerrybanfield, for example, I earn anything with his upvotes and curations?

@jerrybanfield
This question is for you... Please answer

@introvert-dime thank you very much for your upvote and comment, I am glad that the post is useful for you.

On SteemD I see you are not voting for any witnesses yet which is normal with about only 5% of users on Steem voting for a witness. Meanwhile, witness votes are the most important we make on Steem because witnesses create our blockchain in real time and are our chosen community leaders.

The easiest way to fully participate is to choose one person we trust as a "proxy" to make all of our witness votes for us. Will you please either add me to your witness votes or set me as a proxy at https://steemit.com/~witnesses because this will empower you to indefinitely support me for witness and increase the funding for @budgets?

You've got my vote right now. It my first vote for witness.

Oh, pardon me. It's the second;-)

I voted for you, you might as well be my first witness vote since this gives me a bit better idea on what's actually happening here.

I just joined Steemit. I wrote an article on facebook copying crypto.
How do I vote and witness?
Please follow me and vote for my article.
Thanks,
Ed

Please follow me back and also vote for me...

So many bots to choose from, so lil time ** hahaha**

Hi friends I am new here on steemit. Is there anyone who can vote for me.

Jerrybanfield is the most inspiring teacher 👩‍🏫
FE0533DD-BD2C-4358-8474-7BF6DF827CC1.jpeg

how do you post a photo?

Copy the image URL and then Paste. As simple as that.

And where do I find web space to store the picture?

You don't need a web space. You can copy and paste any picture, even from your hardware.
See the green "selecting them" clickable option on the bottom of the window?

Press it, select the picture:

And Click open.

Here is what I've got:
30329.jpg

As simple as that.

@anakur thank you very much for your upvote and comment, and also your tutorial here.

I see you have voted for one witness so far at https://steemit.com/~witnesses and did not make a vote for me yet! Will you please add me to your list of witness votes because your witness vote for me will help fund additional projects to grow Steem via @budgets?

Hi Jerry , new to steamit , would appreciate your guidance

Does that also work to select a profile picture? I don't see any link for selecting a profile picture.

For posts I do see this link, so thank you!

nice one bro,you are truly a God sent.

Thanks for helping 👍🏼.. I added sth more easier for him

thank you, i'm new here it's easy for me now

Thank you for making this free. This will surely help those seeking to prosper on Steemit and those who are caught up in all the technicalities and jargon involved in starting a Steemit account. Upvoted and following you for awhile now.

When you are writing your comment , you will find under it a green link “sekecting them” look down here. You just click it and 1305D782-9C70-4C36-B6CF-597522815DC8.jpeg choose from pictures stored on your phone or computer.. wait to upload 100% then post

thank you very much u helped me a lot xoxoxo

Welcome 😎

Follow the instructions at the bottom of the box that you type a reply into.
CPostma 1-16-2018.jpg

Ah, I think you mean inspiring right?

Haha ... yep .. I fixed it then I saw your comment lol

Jerry is very inspiring and very knowledgeable about steemit

Yes he is Epic really !

You are the best Jerry, thank you for all of your hard work!

Resteemed to BestOfSteem!

Purely in terms of returns, I'm curious how this stacks up to just selling your vote to minnowboosters?

thanks for the inspiring post

Hi Jerry, delegated some SP to you but I messed up somehow by upgrading it to the max I got. Now when I try I cannot sign in with steemconnect.com when I delegate the wheel (at SIGN IN) just keeps spinning. Anyone else has that problem and/or a solution? Thanks!

Thank you very much @cryptochallenge for delegating SP to me. I suggest you keep 15 SP so the account can work smoothly. You can either wait for some rewards to come in and the account will work again, or un-delegate, with a 7-day cool down, and re-delegate afterwards at a lower value.

Thanks for this information. Can we also lease steem power from you?

You thanks for giving the possibility. I finally found the solution. (I used the wrong password ...)

Hey there friend.
I am new on steemit
I wish you would follow me . erm...can i get your follow?
Please say yes because i dont want you to miss the good stuffs i have for you.
I will upvote you anytime i come across your post.
That is when i buy more steem power and am planing to buy steem power tomorrow or Wednesday so take a second and follow as i have and you will truly feel me😂😂😂
Thank you friend

Thanks for your post, do you know how to lease steem power?

very helpful post all yoour post is helpful for me
thanks

I haven’t tried it yet... but I may think of it

i Delegate Steem Power from minnowboster it's helpful service

Keep up the good work Jerry, I have used your bot many times and also mentioned the peer to peer project in posts, best of luck with that one...i know that peer to peer app could be a game changer...I'ma trying to get the word out everywhere bcuz i like the idea :))..I'm also taking the steemit platform more seriously & long term investment savings because i see huge potential for the future.

IZhKCch.gif

PEER TO PEER PROJECT INFO :

Thanks Jerry. As always you share lot of important stuff. though its a known topic, its kind of revision.

Jerry thanks for your insights into the many aspects of Steemit. I have a much better understanding how users who delegate Steem Power are really reaping the benefits of this powerful tool.

Excellent

Thanx for sharing.

Another great tutorial from @jerrybanfield ...!

I like the short ones though 🤔

must get more steem power ....

hello anyone can give me 220 sp for delegation i really need that bcz by this i can 500 sp and i can upvotes more 1-100% voting power use now its very difficult to vote all who comment and like my post soo plz anyone can give me sp i ll pay for that

Great tutorial @jerrybanfield I learned a lot I didnt know about Delegation! Also, you can delegate your Steem Power using steembottrackers website and click the tools tab! Something I do not think a lot of people know about either yet :D

Sincerely,
@joeparys

Yeah man ... you are a great blogger too .. birds of feather flock together 😀😎👍🏼

Thank you very much Joe Parys for mentioning that!

Hi was bedeutet das über Steembottrackers-Website delegieren.
Habe zurzeit Minnowhelper

Thanks for your really nice comment. I like the idea of delegation but also leasing steem power, because then you can get the benefit of more SP for your posts. You've got a new follower!

Good job bro

Thanks for your information @jerrybanfield.

You’r welcome ! 😀

Thanks for explaining this, delegation is one thing about steemit I still really do not understand, and I had no idea you could get that kind of return on bots!

🗅

Hey Jerry thanks for the post. However, down the road wouldn't this kind of a system result in Steemit being full of posts that don't actually contain value but just had the most capital to bid? Doesn't that defeat the purpose of steemit?

hello @jerrybanfield i just so you video on youtubeand its the any calculator to see how many steem i will be rewarded if i delegate you 200 steem p i really like you work i'm interested to help you to make the p2p exchange on steem platform.thanks

2018-01-31_20h38_12.jpg

Did it Jerry !!! Now lets see how it works out ... :-) Thanks man!

This is a very informative post. I'm going to resteem it so that I can see it in my blog. I'm not there yet, but I can see myself possibly delegating voting power at some point down the road. Gotta work on finding those trusted curators who see things pretty close to the way I do :)

good point

Sure why not, also leasing SP can be very helpful if you post a lot. Following YOU!

Thanks for the information @jerrybanfield
great blog

It is really a good thing to give and it is good to help others thanks so much for the video it was really helpful

why has this video not been working for a few days. Anyone else having the same problem?

passive income 👍👍

I agree with u boss, delegating allows the minnows have a taste of the goodies of steemit, whilst working for the good of the community. I wish everyone knew the good delegating will do the the community at large

So far so good .. if no newer rules come to change

Dear Jerry that is great! I just started my votingbot today! In order to be listed in the voting bots not just in other bots, I need 5k steem pover! I willing to pay for it! please check my bot @postdoctor

Hey everyone, I'm new to steemit and I'm a writer
I'll be dropping nice stories soon, I need people to follow up. So I'll be following a lot. Y'all follow back please 😭😭😭

Thanks @jerrybanfield +100 Delegated - Aloha!

Thank You @jerrybanfield +400 Delegated!

It's my first time watching You and You seem like a guy who knows what he's talking about, it's actually nice to listen to You :p I kinda hoped for an opposite topic though... There's so much demand for Steem delegation that minnows can't really get to it. Blocktrades is already spent and makes preorders but I have no idea how to order it now. I've also tried minnowbooster and it's going to be my 2nd day of waiting but it seems there are much more profitable offers than mine so no high hopes there. Perhaps You could make a video regarding buying delegation for minnows? That is, if minnows should even consider this but I've heard it's not a bad thing. I'd really appreciate it!

thats great and really helpfull for all of person who still dont know how to delegate steem power good job @jerrybanfield
also wait your wonderfull app for steem to usd

dtube is really very good
your tutorial is great i see
for sharing thanks to you
i hope you will continue it on steemit
go ahed dear........best wish to you

hi @jerrybanfield,I am totally agree with you,but I have applied lease request from minnowbooster two times,but I didn't get it.Do minnowbooster does not fill the request who pays less steem?Then how could I survive in steemit,I have only 70 sp.would you give some sp to me as a rent,I will pay your fees and what do you mean by "36% APR in Steem for delegations",please explain me if you read my comment.Thank you @jerrybanfield,upvoted and resteemed.

At a time where questions are springing out on comment sections and on different steemit communities on Discord, whatsapp and telegram on how to delegate steem power to others expecially the newbies who are constantly experiencing bandwidth issues, I believe this tutorial will greatly help in answering those questions and it is easily comprehensible too.


Thanks for sharing this wonderful tutorial with us @jerrybanfield. It really came at the right time.

Hoping to see more tutorials and quality posts from you.

Happy Steeming

I agree, leasing steem power is also a great option for those who post a lot. If you don't post, better to just earn interest by delegating.

Thanks for doing this video, @jerrybanfield. I feel like once I figured out delegations, it was like seeing the Matrix.

Jerry, Awesome content as usual. Will send you some steempower. Thanks a million for all you for the Steemit community..

How can I delegate SP to you as an investor and earn benifit from your upvoting bot??

he just show u how already, didnt u watch the video?

Hi @jerrybanfield. You are my steem hero. I've voted for you as a witness and resteemed your posts. I've also delegated 50 SP to you. But, did I do it the right way? https://steemd.com/tx/7ebec648a93434931f6c5ce2c8c8674cb55e8cf0

Thanks Jerry. Another informative post to help us newbies earn more money on steemit!

Thanks so much for the lovely video it is really useful

thanks for this informative video, i wish the whole steemit community can see this and do same

So Jerry, I have to say it is predominantly you that brought me over into the Steemit platform. Your videos and clearly your passion for this endeavor is contagious. Steem may be one of the few crypto - endeavors I've found that has a truly hands on use-case building for it to exist. Thanks so much for your hard work and helping us "micro-minnows" even have a clue in how to get up and moving in this thing. Peace. Resteemed.

Yes I Agree, a hard worker and promoter of STEEMIT! Thanks for your nice comment @genxrev, following you!

Thanks for the follow. I'm beginning to understand all the words, videos, etc. of what a "steep hill" it is to climb in just starting out on Steemit, but I am confident with a good amount of perseverance and old fashioned "elbow grease" I'll see this thing light up. May your endeavors on Steemit be blessed as well. Peace.

You know what Henry Ford said about doing things?

wow , this is helpful for someone who is brand new to this , when everything is so confusing at the start its good to see people like you helping out

For an investor simply hoping to hold and earn without taking time to read posts and upvote every day, delegation to voting bots provides a transparent and simple system to get automatic daily payouts.

So, you mean you are able to benefit from the system that was put in place to incentivize meaningful content and thoughtful curation without actually having to contribute to the community? Honestly, sounds pretty crappy.

I think it's more like you give that kind of power to people that do have time and are willing to promote good content. That way a promoted person gets more rewards, good curator gets more rewards because of delegated Steem Power and then the delegator gets a little share of these rewards. It's a win/win/win in my opinion.

That is a very important part of steemit. The most effective way to use bots and the steem adquired have been wanting to look for that info for a while.
Thank you. If you know more tutorial on the subject please share

Thank you so much @jerrybanfield....you are making our Steemit community better and better ! learned lot from your posts

i have a large portion of my sp delegated. wanna help a lot of people especially the ones with the bandwith issue

Screenshot_386.png

You're outstanding bro... Your post helps me too much to understand steem... I'm following you👌👌👌👌👌 again thank you

I have been following you on YouTube and just recently started my Steemit journey. I hope to start understanding this platform soon. You have helped me quite a bit, thank you. Keep your positiveness and smiling.

need it hardly. thanks for Tutorial

Thnx Jerry for such helpful post.

thanks for this very important information ,its very useful post for new comers

つ ◕◕ ༽つ STEEM TAKE MY ENERGY༼つ ◕◕ ༽つ

i watched your videos on youtube and became interested about steemit. you are my inspiration sir

Thanks for the post... Very useful for newbie like me... Following you from now on. Keep it up fella

Lol.. i have nothing to delegate .. it is my ist day on steemit community.. @jerrybanfield

Good post for help other

Good information!! :p
Plis my video its bartender :p 😎😎😎😎😎😎😎😎😎😎

Plz visit my page and give me some tips sir

https://steemit.com/@shunnoo

I will follow Jerry's footstep and learn as much as I can. Jerry's post are always inspiring!

Hey Jerry, I have been trying to send you a bid on steembottracker to upvote my post, however I keep getting an error even though I am using my active key. Any help here?

Let's get on that Steem train & ride it! Make Free Money Bitcoin & other Cryptocurrency w/ Steemit & Dtube
d.tube/v/josearteaga/mk736s97

Thanks for all your awesome tutorials. I wouldn't know much about Steemit if it wasn't for you. ~Cheers

Such beautiful content that inspire me. Really great work

I think the biggest motivation to delegate sp is becuase you can't do your work of upvoting others. But for someone with low sp (like me for example) i don't think is a good idea....

thanks a lot... u are the boss of streemit

nice tutorial....thanks sir for valuable post

Cool tool you got there! Personally, I use steemworld.org as it has an option to delegate and view current delegations. I've delegated to newbies with low bandwidth, good curators and local steemians with potential in my community.

@techslut thank you very much for your upvote and comment. Thank you for suggesting steemworld.org and good to read that you have delegated to other Steemians.

I see on SteemD that you have voted for 22 witness so far at https://steemit.com/~witnesses and did not make a vote for me yet! Will you please add me to your list of witness votes because your witness vote for me will help fund additional projects to grow Steem via @budgets?

Fixed! :)

BTW, if you ever want to discuss steemit promotion on social media and such - chat me up on discord. I can probably help. <3

Very well explained so anyone can understand expecially for beginners like me.Thanks

Thanks @jerrybanfield for providing us such an informative tutorial specially about Steem Power Delegation. Lots of Love for you. You are a "Encyclopaedia of Steemit"

Great post @jerrybanfield. This was my first video of yours and while im skeptical about videos that are educational or a benefit to the community by self powering themselves you did not do any of that. I feel confident with your objective information and would greatly appreciate it if you were interested in delegating 500 power to me. I will be doing a radio show every 2 weeks along with an online dtube post for the new Celebrity edition of CBS Big Brother and could use the additional bandwidth assistance for my posts. I was on season 8 in 2007 and lost on the last day. Please add me and i would greatly appreciate it if i could get my account accelerated before my first episode on dtube as the new show will be airing in Feb. let me know and great post.

Nice post @jerrybanfield
I am new on steemit so can i get your follow?
Please say yes because i dont want you to miss the good stuffs i have for you.
I will upvote you anytime i come across your post.
That is when i buy more steem power and am planing to buy steem power tomorrow or Wednesday so take a second and follow as i have .
Thank you friend

Thanks for the post @jerrybanfield, I'm looking forward to learning more guys like you. Keep that shit up, I love it.

Made my first delegation last week.

I really like the DTube idea, gonna explore more on it! Thanks for sharing!

Am I missing something? It doesn't look like you're delegating right now.

Upvoted and Resteemed. Excellent video as always.

Also, if anyone would like to delegate power to me, I surely wouldn't complain....lol

@oraclefrequency thank you very much for your upvote, resteem and comment. I am glad that you like the video.

On SteemD I see you are not voting for any witnesses yet which is normal with about only 5% of users on Steem voting for a witness. Meanwhile, witness votes are the most important we make on Steem because witnesses create our blockchain in real time and are our chosen community leaders.

The easiest way to fully participate is to choose one person we trust as a "proxy" to make all of our witness votes for us. Will you please either add me to your witness votes or set me as a proxy at https://steemit.com/~witnesses because this will empower you to indefinitely support me for witness and increase the funding for @budgets?

@jerrybanfield. I VOTED FOR YOU AS A WITNESS. HOW DO I SET YOU AS A PROXY?

Not shouting with the all-caps. I just didn't want you to miss this q.
Love your stuff, Jerry.
Gary

Still digesting the information. Really useful. Thanks.

I’ve seen a lot of people delegating to bots recently. Seems like a good way to earn if you aren’t able to commit time to vote on content yourself.

@jerrybanfield you are a person to admire!

Nice video man!

Thanks for this, Jerry. I recently started looking into this. I want to try and delegate some steem power to others and see how it goes. Also, I'm interested in trying out the service to upvote my own posts as well. I thought about using minnowbooster.