@tipU Investors Report 08.05.2018: New Features Overview, New Delegations
Hi guys, it's been a while since last investors report so let's see what has been added lately :)
Auto Reinvest
This was already mentioned in last report but I think it's worth to bring it up again - you can now automatically reinvest custom part of your profit. Let's see an example:
Investor (or sp delegator) daily profit: 1 SBD
Reinvest ratio set to: 20%
So the investor will receive 0.8 SBD and 0.2 SBD will be auto-reinvested.
Currently 1 SBD is worth 0.81 STEEM so 0.2 SBD will be converted to 0.162 STEEM POWER.
This 0.162 SP will be automatically added to investor's... investment, so it's like additional 0.162 STEEM POWER was delegated by the investor.
By default reinvest ratio is set to 0% (disabled) but you can set it anywhere between 0% and 100% by sending 0.001 SBD to @tipU with memo: reinvest X
where X is % of reinvest ratio. For example: reinvest 20
Reinvest functionality announcement post - click.
Auto Refunding
OK, so what to do if you want to receive back your auto-reinvested profit? Or refund your whole investment? In that case, just send 0.001 SBD to @tipU with memo: refund
Within a minute @tipU will send back all SBD and STEEM that was invested and reinvested by the investor/delegator. You can try it out any time you want, there's of course no penalty for that - just be sure to invest again shortly after :)
Note: to invest, send at least 0.01 SBD or 0.01 STEEM to @tipU with memo: invest
Please note that it will not cancel your delegation. To cancel delegation, you need to delegate 0 SP - this is how steem blockchain works :)
Payout On Demand
Normally @tipU makes payouts every 24 hours for each investor. If you don't want to wait just send 0.001 SBD to @tipU with memo: payout
@tipU will immediately send you any pending SBD payout (if it's more than 0.001 SBD) and, if your investment/delegation is at least 7 days old, STEEM coming from curation rewards.
To receive curation rewards payouts the investment/delegation must be at least 7 days old, because post payouts, including curation, are paid 7 days after the post was created and upvoted by @tipu.
This will ignore reinvest functionality as I figured out, if you want to receive the payment now, you want whole of it:)
Delegations Link
This one is neat and it's helpful not only for @tipU delegators. There is no option to make delegation from steemit wallet so users have to make special links manually or use custom tools, like steembottracker delegation tool or steemdesk.com.
To make it easier, @tipU can now create delegation links on the fly by responding to a comment.
Let's say you want to delegate 100 SP to @d.tube - in this case just write a comment under any post you like:
I want to delegate 100 SP to @d.tube
And within a minute @tipU will respond with a working delegation link, using secure steemconnect :)
New Delegations
Just today @tipU received new delegations which almost doubled it's STEEM POWER - over 190k SP currently :) It's still far less then the big guys like @booster or @postpromoter - but those can't reinvest, pay on demand etc. so we're getting there :)
Profitability
And finally few words about profitability.
@cutemachine sent me today a link to https://www.steemdesk.com - a very neat website with awesome, unique feature - display APR (annual percentage return - from investment) for the delegations.
To use it you need to first enter steem user name and then you can check APR from his investments. To compare to other services I'm using user @znnuksfe because he delegated nice, round amounts of SP to 3 services, including @tipU. Check out the results:
Looks good to me! Just bare in mind that there can be small fluctuation because some services would not send today's payout just yet, although it takes 15 days into account so you can see the trend. I will be happy to return to this comparison in next report.
If you know other users who delegated SP to few different bots/services, let me know, I'm very curious to see the results :)
I want to delegate 12 SP to @tipU
Hi @worldfinances! Special squad of highly trained hamsters prepared this delegation link for you:
steemconnect: 12.0 SP delegation for @tipu.
You got a 17.46% upvote from @minnowvotes courtesy of @worldfinances!
How to get upvote
This is going to be huge man. I’m glad I got here early and an reap some serious rewards.
Well, that depends directly on STEEM price but HF20 (awesome post by the way) should be here soon or later so I think slight optimism is recommended :)
So... when I go to the steemdesk link, I see a much smaller number... but that's presumably because I have reinvest set to 90%, and steemdesk doesn't know that?
Yup, exactly :) steemdesk tracks only SBD (and STEEM I hope) that was sent to you. You can try to refund and see if it changes the APR, just for testing.
No worries. Also, because STEEM:SBD is less good now than it was before, if I withdrew now and immediately re-deposited, I would get less bang for my buck. The one concern I have, though, is that, after increasing the investment, the payout actually declined, not just the percentage (because I see that the total pool exploded)... this is presumably just because of the sinking value of SBD? Not because algorithms changed?
Nope, nothing has changed in the profit payouts code. There are 2 reasons for lower profit:
Have to considered putting the bot down for a day to allow for a full recharge? This will end up allowing larger profits in the long run. one day lost but 13% extra each day will have us net positive in a week.
OK, so amount of voting power at the start of voting session does not determnate the profit.
With lower voting power the vote is worth less but you can make more 100% votes because each vote deplates the total voting power by lower amount.
For example with 100% vp you can make 10 x 1 SBD upvotes.
With 50% vp you can make 20 x 0.5 SBD upvotes - the outcome (profit) is the same.
That being said, @tipu starts each voting session with 92% vp and continues to vote until a total of 20% vp is used - then proceeds to recover those 20% so that the next session starts again at 92% the same hour next day.
So 20% of total voting power is used and recovered each day and those 20% used will generate the same profit no matter if the voting starts from 100% or 30%, for example.
Hope this makes sense, it was a long day :)
Ahh makes sense. This is very intuitive I made fun say.
this is by far the best delegation service i have seen yet! I will do a bit more research but im pretty much sold lol.
Thank you!
I want to delegate 330 SP to @tipU
Hi @lasper! Special squad of highly trained hamsters prepared this delegation link for you:
steemconnect: 330.0 SP delegation for @tipu.
I want to delegate 1330 SP to @tipU
Hi @lasper! Special squad of highly trained hamsters prepared this delegation link for you:
steemconnect: 1330.0 SP delegation for @tipu.
Thanks for the link to check delegation rewards. Very helpful. I was trying to do it manually and it was just not working for me hah.
This post has received votes totaling more than $50.00 from the following pay for vote services:
postpromoter upvote in the amount of $111.66 STU, $219.83 USD.
appreciator upvote in the amount of $110.36 STU, $217.26 USD.
rocky1 upvote in the amount of $104.83 STU, $206.37 USD.
For a total calculated value of $327 STU, $643 USD before curation, with approx. $82 USD curation being earned by the paid voters.
This information is being presented in the interest of transparency on our platform and is by no means a judgement as to the quality of this post.
i want to delegate 700 SP to @tipu
Hi @moeenali! Special squad of highly trained hamsters prepared this delegation link for you:
steemconnect delegation link..
Hi, I just wanted to make sure everything is working right. I delegated to days ago and received this message:
2 days ago Transfer 0.001 SBD from tipu Thank you, your delegation of 500.0 STEEM POWER has been confirmed. You now have 0.4309% share in tipuvote! profits :) Payouts are done daily if your profit is at least 0.001 SBD. Please remember that delegations don`t add up so if you want to delegate more, delegate new total number of SP (previous delegation + new one). Please note that your delegation could be made in the middle of voting time so first payout may be lower. If you want to check your investment status, send 0.001 SBD to @tipU with memo: status
Here is my first payout message:
yesterday Transfer 0.537 SBD from tipu Payout from @tipU | Total @tipU profit: 163.547 SBD | Your current share: 0.221600% | Your profit: 0.537 SBD | Auto reinvested: 0 STEEM, reinvest ratio at 0% | Your investment: 500.0 SP delegated + 0 SP invested out of 225629.084 SP total | Thank you! PS. You can now tell @tipU to make instant payout, more info here: https://steemit.com/steemit/@tipu/tipu-investors-update-payout-on-demand
I don't understand why my share went from 0.4309% to 0.221600%. Can you enlighten me?
New delegations :) 500 out of something like 120k is 0.43% (calculations from top of my head)
500 out of 225k is 0.22%
But this doesn't lower your profit by any means, it's just a statistic number.
Oh, i see. So there was a bunch more overall investment that diluted my percentage, but since it is paid at a set rate it doesn't affect my profit. Thank you for the quick response!
No problem :) more investments means more total income so even though the share is lower, the profit is the same. 1% from $100 is the same as 0.5% from $200 :)
hello @cardboard i want to ask someting if i invest SBD to tipu bot it will convert to steempower but when i want it back it will be in the form steempower or Refund will be in the form SBD
In SBD :) Feel free to test it with some small amount, like 0.01 SBD
ok thank you <3