SSG-Community: Precious Bot daily stat update Post - 3rd July 2018

in steemsilvergold •  13 days ago


Little later than normal today. We can quickly see that SP has dropped off 10k but this this to be expected and wrote about yesterday so it's all good and part of welshstackers bulletproof master plan to keep us above 100K. I am just seeing also that the bot's voting power has dropped a decent whack today. It always sits at around 82-85% but right now, Precious is sitting on 75%. A few members upgraded in tiers this month and we decided to leave the voting percentages as they were because it was building around 1% a day in toward the end of June even with using a 100% upvote for these daily posts to boost post payouts. We should have a small slow decline over a few days but it's like everyone is online and posting today so it's taken a 5-7% hit from yesterday. Anyways, the 4 of us will be watching and if percentages need changed in a few days, there will be a post released 1 day before it happens to spread the word.


Today is the 3rd July 2018

Steem - $1.65
SBD - $1.27
1 SBD > 0.769 Steem
Steem Power held by Precious - 116.39k
100% Upvote totals - 11.69 STU
Current Voting Power - 75.00%
100% VP in 30 Hours

Today's Precious Metals Price

Please Note : @ssg-community - The silver Mermaid aka Precious is a community bot owned and ran by the #steemsilvergold community and is exclusive to it's members


SSG-Community Policy Parameters

Bot Operator : @buggedout
Target Voting Power : 80%
Daily Voting Budget : 100,000 / 80 = 1250%
Contribution Methods : Delegations and Liquid STEEM (per Month) with an understanding that longer term members move toward Delegations. Upvotes are totally non-compulsory and are considered Donations, not Contributions.
Contribution Weightings : Delegation to Liquid STEEM at 5% equivalency (per Month)
Non-Contributor Budget : 20% of DVB (equal to 250%) to be spread amongst ALL members
Contributor Budget : 72% of DVB (equal to 900%) to be spread amongst contributing members at a pro-rata rate. This budget amount would increase to 80% of DVB once Self-Voting is phased out
Vote Frequency : One Upvote per Day per Member.
Power Down Threshold : 700 STEEM POWER to trigger a 50 Liquid STEEM Power Down per week. Power Down to be cancelled once SP has dropped by an amount expected to be replaced within the next month.
Active Key Allocation : @raybrockman for safeguarding funds in case of tragic loss of Bot Operator, not active fund management
Posting Key Allocation : @raybrockman for general access and @silverstackeruk to report on general SSG membership management issues and recruitment
Posting Guidelines : No profanity or personal attacks. No favouritism toward promoting individual members. Technical updates for Bot weekly possibly scaling back to monthly once stable. Proposals and Parameter Changes posted as required.
Comment Guidelines : Bot Comment to be added under Upvoted member posts to promote Bot and community support
Self Voting Guildelines : Self-Voting at 100% for the first Month and scaling back to 0% as community awareness is raised and Post promotion not necessary. There may also be ad-hoc Self-Vote if Voting Power is too high above Target Voting Power and/or for an important Post such as Membership Voting on Proposals For Change. This is initially Budgeted at 8% of DVB (equal to 100%) dropping to 0%
Extra Voting Contingencies : None. Any vote trading deals would need to be initiated by members via Petition For Change process.
Extra Expense Contingencies : None. Any other expenses would need to be initiated by members via Petition For Change process. Zero Power Ups.

SSG-Community Governance

i) Any Community Member can initiate a Petition For Change by posting a Comment under a recent Community Bot Post on the STEEM platform
ii) Once Petition For Change has 20% of Community Member Upvotes it initiates a formal Proposal for Change and a Community Membership Vote
iii) A Proposal For Change is formally drawn up by the Community Bot Operator who Posts it on the STEEM platform and it is voted on voluntarily by Community Members
iv) If over 50% of the Community Members who vote are in favour of the Proposal For Change then the Community Bot Operator makes best effort to implement the proposed changes
v) Community Bot Operator holds the Master Key for the Community Bot Account
vi) Community Bot Account has a pre-determined Power Down Threshold and once that is hit a Power Down is initiated on the Community Bot Account to prevent wealth accumulation
vii) All proceeds from Author Rewards, Curation Rewards, Membership Contributions or Powered Down STEEM are returned to the Community Members via purchase of a Delegation Lease to boost Community Bot Upvote value unless an explicit contingency expense has been approved via a formal Membership Vote
viii) Community Members may decide to change Community Bot Operator via Petition For Change and the Master Key for the Community Bot Account will be transferred to the new Community Bot Operator
ix) The Active/Posting Keys of the Community Bot Account can be Granted/Revoked for Community Members via the Petition For Change process
x) Any extra voting contingencies must be approved via a formal Membership Vote

In addition to this, the Community Bot will initially be configured with the following Policy Parameters which are intended to be flexible and adjusted if required. If you need any explanation of what these Policy Paramaters are then please read THIS POST or contact one of the Group Moderators in the SteemSilverGold Discord

Long Live SteemSilverGold!

I am @silverstackeruk and I approve this post

Credits
@buggedout, @raybrockman, @silverstackeruk, @welshstacker and @thedamus

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