The way it was working before required a huge change, since many smaller sponsors were waiting in line for weeks without seeing a cent.
The New Sponsorship Module is HERE!
- Now get Liquid Steem every week, based on how much you have delegated.
- Never wait in line to get your rewards any longer.
Becoming an Utopian Sponsor
Sponsors share 20% of all the author rewards generated on Utopian, based on the amount of the delegation. The more you delegate the more you will profit from the 20% shared between all the sponsors.
Benefits of Delegating VS Curating
We encourage everyone to keep curating, since curation is fundamental for this platform, but you may want to delegate your voting power to Utopian and have a passive income.
- No need for curation. Just delegate and earn your rewards every week.
- You receive Liquid Steem not Steem Power.
- Gain visibility by being credited on every Utopian post and marketing activity.
- Help the growth of the Open Source ecosystem and the growth of the Steem ecosystem.
Old Utopian Sponsorship Module VS New
The old Utopian sponsorship module was adding sponsors to the beneficiaries of each single post. By doing this, smaller delegators had to wait in line before being added (max 8 beneficiaries per post are possible). On top of that is impossible to predict how much a single contribution may gain.
The new sponsorship module set only one account as beneficiary of all the posts at a fixed 25%. This account is managed by Utopian. Every time this account receives a benefactor reward, the reward is summed with all the other rewards of the week and then split:
- 20% to the Sponsors based on how much they have delegated
- 5% to the moderators based on how many contributions they have reviewed.
The new system sends Liquid Steem instead of Steem Power.
Transition From Old To New
It will take a week for all the posts using the old sponsorship module to be cashed out. Once all those posts have been cashed out, Utopian will manually send to all the sponsors and moderators the pending amounts. From that time on the new sponsorship module will be running and Sponsors and Moderators paid automatically for all the new rewards.
The section Utopian Sponsor will be then updated accordingly.
IMPORTANT TO KNOW
To avoid gaming the system:
- If you un-delegate before a week has been paid, you will not receive rewards for that week. Un-delegation immediately removes you from the beneficiaries.
Good News For Moderators And Supervisors
Moderators will now earn their rewards immediately. Supervisors will also get an additional percentage, 20% of the shares owned by the supervised moderators will be given to them. This percentage won't be removed by the Moderators, but paid on top by Utopian.
Utopian Community-Driven Witness
We are made of developers, system administrators, entrepreneurs, artists, content creators, thinkers. We embrace every nationality, mindset and belief.
- Go here Steem Witnesses
- Scroll to the bottom
- Write utopian-io and vote or set utopian-io as a proxy
- Use Steem Connect for Voting Utopian as a Witness
- Or Use Steem Connect for proxying your vote to Utopian Witness
A Special Thanks to The Sponsors
A Special Thanks to The Moderators