In this post you will find informations about making a deposit to @tipU, what benefits it has and how this deposit can be used.
Making a Deposit
You can also use memo: deposit or memo: invest. In fact any other memo will work, as long as it's not a url link to steemit post - as this one is used for [requesting upvote from @tipU](to be added).
To withdraw your deposit, send 0.001 SBD or 0.001 STEM to @tipU with memo: withdraw
You can also withdraw only SBD part of your deposit. For this use memo: withdraw sbd and for the STEEM part: withdraw steem.
The funds will be withdrawn within 10 seconds. Both deposits and withdrawals do not have any fees.
Using Your Deposit
The main benefit of having a deposit is that you can reward other users by:
All of those can be done by making a comment under a post (or comment) that you like. Thanks to this you don't have to go to the wallet and manually send the tip or request the upvote. Please click on each option to learn more.
Making a deposit automatically makes you an investor and gives you share in @tipU profit, that comes from vote requests.
@tipU sends to investors 100% of the profit generated by vote buyers and additional 60% STEEM that comes from weekly STEEM power downs. Those are distributed among all investors according to their share. To increase your share you can:
- increase your deposit
- delegate STEEM POWER to @tipU
Every deposit is treated as a "virtual" STEEM POWER delegation according to the formula: deposit in STEEM * 50%. So for example: 10 STEEM deposit is treated as 5 STEEM POWER delegation. The SBD deposits are translated to STEEM using current market prices and than to virtual delegation.
The "virtual" delegations means that your deposit is not converted to real STEEM POWER - this would lock it up and you would not be able to withdraw it at any moment. Instead @tipU uses it's own STEEM POWER to generate the profit for the user that made the deposit.
Delegating STEEM POWER is more profitable as it increases the share twice as much as making a deposit. This is done to reward the users that locked their funds in STEEM POWER and delegated them to @tipU, as they can not instantly receive them back in liquid form like the deposits.
Payouts are done daily if your accumulated profit is greater than 0.001 SBD/STEEM. However you can customize your payouts - for example you can receive only STEEM every 6 hours. To learn how to do this, please check out this investors guide.
If you have any questions, I'll be happy to answer them in the comments!