@tipU Investors Report: 23.07.2018
Hi guys, it's time to sum up the recent updates to @tipU voting service from the investors perspective.
Allowing More Users To Use @tipU Voting Service
This change is pretty simple - the less daily usable voting power @tipU has, the less it spends. So if @tipU is running out of voting power, the allowed max upvote will be smaller so more (small) upvotes can be made. It's useful especially for the minnows so their 0.5 SBD payments are not rejected when @tipU is running out of VP.
Automated Upvote Multiplier For +10% ROI
So as I explain in this post previously the upvote multiplier was set manually - for example at 1.6 which meant 1 SBD gave 1.6 STU upvote. This value was based upon upvote demand/supply ratio, SBD price and other bid bots profitability.
It gave my good control over the upvotes profitability yet it was not optimal (human error, latency etc.) so I've implemented a simple algorithm that gives the vote buyer a +10% ROI from his payment. In other words if he pays 1 SBD, the combined value of post payout in SBD and STEEM POWER will be 1.1 SBD (or more if @tipU has a lot unspent voting power).
Compared to bid bots, where most of them have no guaranteed ROI (including negative one which means vote buyers loose money) this is a pretty good deal for vote buyers.
Instant Upvoting
The change described above allowed to calculate the ROI also for upvotes that were done before 30 minute mark - which meant that part of the @tipu curation reward goes to the vote buyer. So the newer the post at the time of upvoting, the more SBD profit it generates for investors - at the cost of STEEM payout. Which is good because of the reason described below :)
Curation Rewards Increase VS Power Down Speed
Because the amount of @tipU SP is still increasing, thanks to big delegations, so are the curation rewards in STEEM POWER. Yet, the speed of powering down is limited, as it takes 3 months (1 payment per week) to change STEEM POWER to liquid STEEM.
Because of this soon @tipU can be in situation, where the curation rewards generated trough the week are greater than the amount of powered down STEEM. The implementation of instant upvotes (described above) should help to lower the amount of generated curation rewards in favour of more SBD profit - which can be paid instantly without need to wait (to power it down).
Let's see how it works but if the curation rewards will continue to grow fast, I will probably change the STEEM payouts to be dependant on the amount of powered down STEEM each week, not the amount of STEEM POWER generated thanks to curation (as it can not be transferred to investors, it has to be powered down first). The good news is that each weak @tipU can power down more STEEM POWER so more STEEM can be obtained with each power down.
Overall this shouldn't affect profitability by much, as STEEM accounts to only 10% of total payout - the rest 90% is SBD which don't cause any problems :)
Profitability Check
The best summary of the recent changes ;)
@tipu i want to delegate 1000 sp
@tipu status
Hi @soberano! Here is your @tipU service user data:
@tipu upvote this post for 10 SBD #selfvoting :(
Bro can you explain please why I got only SBD? Will not I get STEEM also as curation rewards?
second that question; I am thinking of investing another 500 SP but when I type in status it say's 0 STEEM POWER back to me with a simple 500 SP.. does it take a week?
Yes.
Thats because curation rewards are paid with post payouts- after 7 days. So your delegation will start to earn STEEM after 1 week :)
Thanks a lot for clarifying
Hello! I made a test for instant vote profitability today. I made 2 posts. Each of them will lose like 1%, so a negative ROI on instant votes.
The price of sbd was 1.26$.
I will do the math later on and we can both verify this :) can you tell me why do you think its -1%?
Quick maths here: The first vote: 7.78 x 1.26 (price of sbd) = 9.8 $ (that's what I paid). I received an upvote of 9.725. 9.725 - 9.8 = - 0.075
The second vote: 1.574 x 1.26 = 1.98 (That's what I paid) and 1.952 (That's what I received). 1.952 - 1.98 = -0.028.
It's not 1%, but it's negative
OK, here's the thing - 9.725 is not in US dollars. Those are STUs. They should be equal to SBD but because SBD is not woth 1 USD, it's more complicated.
So even though you see $ sign next to your post payout, this is not US Dollar. Basically it is a mix of SBD and STEEM POWER and sometimes liquid STEEM.
Anyway, 9.725 STUs are worth around 11.16 USD.
So $9.8 -> $11.16
About +14% profit.
Sorry! You're right! I was confused with STU. Thanks very much for your fast response :)
@tipu dear friend, i have sent you some steem to get upvotes but i didnt received upvotes. Can you please Check. Thx
Posted using Partiko Android
It was instantly send back, please check your wallet :)
This is massive I must say
@tipu status
Hi @bearbear613! Here is your @tipU service user data:
@tipu status
Hi @leesunmoo! Here is your @tipU service user data:
Hi @tipU / @cardboard,
I only noticed this post after I sent my bid request through (your bio just says "ROI +10% to +20%").
I sent through 0.5 SBD and received a 0.53 upvote. After curation this will yield a payout of just 0.3975 STU (i.e. a -20% ROI). Is this correct as TipU will be working from now on, or was this an error?
Hi @robtheranger. Please note that:
So after curation you should receive around 0,473 STU. All this info was sent to you at the moment of upvote as memo with a transfer of 0.110 SBD. Please check your wallet :)
Edit: in USD terms you paid $0.45 and received upvote which will yield you $0.51 -> +14% ROI
I missed the wallet message with the explanation. I see it now... thanks for the explanation.
P.S. I'm not entirely sure of the math behind curation, but from what I understand is that there are several factors that come in to play (when the vote was made, how many (number and value) previous upvotes, as well as the final post value etc.)... i.e. far too many variables to accurately determine what that 57% would ultimately be... but I get where you're going with it, and appreciate the explanation.
I have send you 6 steem for upvotes like 5 hours ago I was wondering when will I get upvoted
It has been immediately send back with memo:
Please check your wallet.