Upvote Shares Level 5 Reservations
Level 4 has been completed successfully and upvotes are being spread out to all Shareholders. The account voting power remained around the mid-high 90% range, so I stepped things up a bit and increased the daily voting Percentage for each share to 10% (minimum promised = 4%). This way all unused voting power goes tshareholders that post and nothing is lost in case steemauto has some downtime.
Things are moving along as planned and Level 5 will be opened up near the end of this month. The amount of shares is limited and the idea is to always make the transition to a next level within 5 days after it was opened up. The best way to do this is by having most of them reserved in advance. I will be using this post to keep track of all reservations.
LEVEL 5 RESERVATIONS
| Account | Reservations |
|---|---|
| @roleerob | 10 Shares |
| @angelacs | 5 Shares |
| @costanza | 5 Shares |
| @shookriya | 4 Shares |
| @jlordc | 2 Shares |
| @byebyehamburgers | 1 Share |
(Let me know if I overlooked your reservation)
One of the better way to use this program is to slowly increase your shares each level and always sponsor the same minnow friend. This allows you to grow your account earnings systematically while also helping someone getting more sustained upvotes increasing the chance of them sticking to steemit. It is possible to reserve shares for this level along or to systematically reserve a fixed amount of shares for each new level. Right now 27 shares have been reserved and 23 are still available.
Reservations are non-committal and don't have to be taken when they become available. A message will be send when the next level is close to being opened up and there will be a 3-4 day window to confirm the reservation in the post that opens up the new level. Afterwards, the reservations that are not taken up will go to others or be bought up by the program to close down the level and move forward.
Could you reserve me 2 shares?
Thanks,
Peter
done
Hello there!
I'd like to reserve 12 shares in the next round, please.
I'll write you down for 10 shares @trincowski, that should get you above a 100% upvote and leave a couple more shares for others. Thanks for showing confidence in this project.
Oh, I see. I didn't realize you were already voting me with 72% of power.
If that's way too much, I will be ok with buying just enough shares to get a 100% vote.
How many would that be?
seems to be a strange bug in steemauto, I adjusted all the voting powers to 10% for each share including yours to 80%. Everyone seems to get their new voting prower properly while yours seems to be still at 72%. I first thought I made a mistake forgetting to adjust it for you but I checked and it's at 80%. I'll see what next upvote does and see how to possibly fix it.
Anyway, after level 5 there will be 300 shares in circulation which means the minimum upvote % will be 1000%/300= 3.333% for each share. Seeing how the minimum of 4% from level 4 is up to 10%, it can be expected that level 5 will see somewhere between a 6-8% upvote. So around 15 Shares should give a 100% upvote. You currently have 8 shares.
The advantage of having more than a 100% upvote now is that shares always go up in price so the upvote % that is being given up now is being compensated later since getting in at a lower price point.
Let me know how many you want up to 10 and I'll reserve those for you
Thanks for the explanation. In that case, I'll take those 10. 😉
I'd like to reserve 5 shares in the next round if that's possible. Thanks in advance.
Right now I'd rather have you stay at your current 10 shares if that's ok @doughtaker. I see this project as a great way for accounts that hold some SP to support themselves with some basic upvotes, but I don't want it to be the majority of the upvotes. Your account would take up a too heavy weight on the program the way I see it. While I like the idea of using steemit as a way to journal personal progress on a daily basis. The actual content is rather limited and can be made in a matter of minutes. Since unused upvotes are spread to other shareholders who do post and it's easy for you never to skip a day, I see it as something of an inbalance. Also the curation rewards that help the project move forward are on the low side because there are limited amount of upvotes later on.
You might want to try more ways to get upvotes before getting more upvoteshares first. I wrote a series in the past on how to get more upvotes (see latest entry)
you might have a look at other projects that provide more regular upvotes
@steem-ua
@quarator
@make-a-whale
@minnowbuilder
...
I'm sure you can understand this point of view and hope your don't mind the way I look at it. Feel free to let me know what you think.
Fair enough. I didn't realize just how many inactive shares there are, until I noticed the recent adjustment you made on voting strength per share. Since I'm now effectively "topped off" after the adjustment (and given the way I mainly produce content for the platform as you accurately described), I agree that it wouldn't be the best utilization of the shares if I ended up acquiring them -- neither for myself nor the program. As of now, those shares would be better off in the possession of some new folks not yet in the system.
So I'll stand pat then.
Thanks for following up @upvoteshares / @costanza and getting me "on the list!"
Can you resurve 3 shares for me please
I've added you to the reservations list for 3 Shares
Thank you
Could you reserve me 3 shares?
You are in for 3 @barbadosso
If the cost from level 4 remains the same, I would ask to be reserved 10 shares. Look forward to participating on this.
The relative cost will always be the same, when Level 5 opens up the account will have powered up 1155SP and 300 shares which makes each share represent 3.85SP (10% extra compared to the basic 3.5 Steem Price).
Everything can be calculated and is explained in last post when Level 4 opened up (see here). Level 5 price for each share will be 3.800 Steem (3.500 + 0.300) (Also see table)
There are currently 5 shares left for Level 5. I would say have a close look at the numbers and let me know if you want me to reserve those for you.
If you can let me know something, I can't reserve any without you conforming. There are only 5 shares right now still available and they might go to someone else since I'm not sure you want them reserved right now.
Thanks
I thought I reserved 10 already but 5 is fine.
ok done !
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