@tipU Investors Update: Reinvest The Profit Share Tokens Added
Hi guys, how's it going. Today I've added the much requested feature that allows investors to receive payouts in @tipU profit sharing tokens. Let's see how it works :)
@tipU Profit Sharing Tokens - TPUs
As a quick reminder - TPUs were created using steem-engine platform and can be freely traded at the steem-engine marekt. Each token is backed by STEEM POWER and gives the holder share in @tipU profits. The profits can be viewed real-time at https://tipu.online (work in progress!).
You can learn more about TPUs here.
Reinvesting Profit into Tokens
When @tipu receives an upvote request, the payment is distributed among investors according to their share (@tipU does no take any cut here). By default this profit is paid out every 24 hours but it can be reinvested - automatically exchanged to @tipU profit share tokens, which are than send to the investor. By this, the investor increases his share in the profits because every token counts as a STEEM POWER investment.
In other words this works kinda like mining profit sharing tokens with your SP delegation :)
Currently 1 TPU equals to 1.027 STEEM POWER invested. It is also worth to mention that the amount of STEEM POWER backing each token increases over time - by 0.1% every day.
This can be viewed on the https://tipu.online website - also in the demo mode (be sure to check it out:)
Setting The Reinvest Option To TPUs
Currently the https://tipu.online website does not feature an option to change your investment settings (but it will soon!) so we're gonna use the old "send 0.001 STEEM with command" method.
First send 0.001 STEEM to @tipU with memo: reinvest in tokens
Next select which part of your profit will be automatically exchanged to TPUs. To do this send 0.001 STEEM to @tipU with memo: reinvest X where X is the percentage of profit that will be reinvested. It should be any number between 0 and 100. For example: reinvest 45 will automatically reinvest 45% of your profit. The other 55% will be paid out as usual.
Few seconds after sending the commands you should see the updated values on https://tipu.online website. This is how it looks for me:
About The Old Reinvest Method
If you want to go back to the old reinvest method, send 0.001 STEEM to @tipU with memo: reinvest in sp.
Now, with this option your SBD/STEEM profit is stored on @tipU account and in exchange your STEEM POWER invested value increases. This effectively increases your share in profits just as you would increase your delegation - but you can withdraw the reinvested SBD/STEEM profit at any moment - which is cool but...
This locks up a lot of @tipU own STEEM POWER that otherwise could be used to issue more tokens or increase the profitability of current ones. Because of that I`m planning to disable this method and focus only on the "reinvest in tokens" feature as I think it's better for both the investors and @tipU small ecosystem. Let me know what do you think!
This wraps it up for now - if you can any question regarding @tipU - let me know in the comments! Or you can hang out with me on the @tipu discord channel. Cheers!
PS. If you want those sweet @tipU profit share tokens but don't want to make a delegation - remember that now also @tipU voting service users can get them - check out this post to learn more.
Thank you for this great feature, that's the one I waited for xD
Posted using Partiko Android
Hey guys, great work. I have just delegated an amount. Let’s see what happens...
Posted using Partiko iOS
Cool feature
@tipu help
@tipU Basic Guide
@tipu profit for 1000 SP
@tipu profit for 1700 SP
Yesterday 1700.0 STEEM POWER delegated or invested gave payout of:
0.074 SBD + 0.578 STEEM (0.27 USD), APR: 16.85% .
Delegation link: steemconnect 1700.0 SP delegation to @tipu.
Please note that your profit can be slightly different (depending on the payout time).Check out https://www.steemprofit.info to compare @tipU with other services.
@tipu status
Hi @themanualbot! You can now monitor your investment at https://tipu.online
Here is your @tipU service user data:
Yesterday 1000.0 STEEM POWER delegated or invested gave payout of:
0.041 SBD + 0.405 STEEM (0.22 USD), APR: 18.26% .
Delegation link: steemconnect 1000.0 SP delegation to @tipu.
Please note that your profit can be slightly different (depending on the payout time).Check out https://www.steemprofit.info to compare @tipU with other services.
@tipu profit for 250 SP
Yesterday 250.0 STEEM POWER delegated or invested gave payout of:
0.01 SBD + 0.101 STEEM (0.05 USD), APR: 18.26% .
Delegation link: steemconnect 250.0 SP delegation to @tipu.
Please note that your profit can be slightly different (depending on the payout time).Check out https://www.steemprofit.info to compare @tipU with other services.
@tipu profit for 1500 SP
Yesterday 1500.0 STEEM POWER delegated or invested gave payout of:
0.103 SBD + 0.619 STEEM (0.35 USD), APR: 20.92% .
Delegation link: steemconnect 1500.0 SP delegation to @tipu.
Please note that your profit can be slightly different (depending on the payout time).Check out https://www.steemprofit.info to compare @tipU with other services.
@tipu profit for 3125 SP
Yesterday 3125.0 STEEM POWER delegated or invested gave payout of:
0.214 SBD + 0.811 STEEM (0.49 USD), APR: 15.86% .
Delegation link: steemconnect 3125.0 SP delegation to @tipu.
Please note that your profit can be slightly different (depending on the payout time).Check out https://www.steemprofit.info to compare @tipU with other services.
@tipu profit for 19 SP
Yesterday 19.0 STEEM POWER delegated or invested gave payout of:
0.0 SBD + 0.007 STEEM (0.0 USD), APR: 15.97% .
Delegation link: steemconnect 19.0 SP delegation to @tipu.
Please note that your profit can be slightly different (depending on the payout time).Check out https://www.steemprofit.info to compare @tipU with other services.
!bookkeeping tipu
Please use one of the following keywords after !bookkeeping:
!bookkeeping magicdice
Hi @hatoto!
magicdice
Received:
Spent:
Total:
!bookkeeping magicdice
Hi @hatoto!
magicdice
Received:
Spent:
Total:
Does anyone here delegate new SP everytime they are rewarded? 🤫
Posted using Partiko Android
Probably not. I wanted to do that, automated of course, but it's kinda annoying because you need the active key to change the delegation. So @tipU would have needed the active key just to change the delegation.
Thankfully @cardboard asked for feedback back then and after some discussion and some feedback from some other users the idea was kinda fast at using the tokens with backed SP to get rid of that problem:
https://steemit.com/steem/@tipu/tipu-tokens-need-some-feedbackhttps://steemit.com/steem/@tipu/tipu-tokens-need-some-feedback
With reinvest at 100% you are increasing your delegation everytime now. I have already switched to 100% reinvest and it's kinda awesome. The token just have to stay at the amount at which SP is behind it.
This now in place this should set some thins into motion. Reducing the dependancy on delegations with increasing the amount of SP @tipu is truly holding. @tipU could surpass any other voting service in terms of SP with that system quickly.
Auto Reinvest: 99 %
Reinvest In: tokens
nice :)
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Another great update, you are doing Awesome things. Voted and shared. Off to buy some more tokens now!
Thank you!
🎁 Dear @abrockman,
SteemBet Seed round SPT sale is about to start in 2 days!
When our started the development of SteemBet Dice game, we couldn’t imagine that our game would go so viral and that SteemBet would become one of the pioneers in this field.
In order to give back to our beloved community, we’ll distribute 4000 STEEM to SPT holders immediately after Seed sale. Plus, investors in this earliest round will be given 60% more tokens as reward and overall Return on Investment is estimated at 300%!
Join the whitelist on SteemBet webiste now and start investing! Feel free to ask us anything on Discord https://discord.gg/tNWJEAD
Exciting progress, I am going to reinvest 100% in tokens (: 👏👏👏
Posted using Partiko Android
You can also use: pay every 1 hour
(memo with 0.001 STEEM)
to make those tokens coming more often ;)
Ok for payout every hour I have to switch to 99% reinvest, with 100% it switches back to 24 hours
Ah yes, this will be soon changed.
Cool, thank you =)
Posted using Partiko Android
Hmm I can't change to less than 24 hour because I have reinvest set to 100% that's the answer when trying to change it