Yensesa upvoting service on Steemit is one of the value packed services Yensesa is offering to it's stakeholders.

When we started the service @yensesa's SP was around 9,800+ in delegations. We have since then improved the upvote service our SP has more than doubled. We currently have a little over 23K in SP.

New changes

• YENT holders looking to take advantage of the service will have to stake their tokens for either 30 days, 90 days, 180 days or 360 days to get an upvote. With the minimum days you can stake being 30 days.
• The longer you stake the less fees you will pay to get an upvote from the community account. You can find the fees structure below. This fees taken will go back into powering up more SP.
• At the end of the staking period your NEW TOKENS are returned to your Yensesa account and you can stake again if you wish to. NEW TOKENS = STAKED TOKENS - FESS
• You can also unstake anytime after the first 30days. e.g If you unstake on the 89th day you still pay the fees for the 30 days duration. If you unstake on the 90th day you pay the fee for the 90th duration.
• Every 1% upvote will be 100 YENT. For a 100% Upvote you will need to stake 10,000 YENT.

Fees Structure

Lets say you staked 5,000 YENT for a 100% upvote with a duration of 360 days. At the end of the 360 days you will only pay a 1% fee on the 5,000 YENT staked. This means after the 360 days we will return 4,950 YENT to your Yensesa account.

How does this affect current stakeholders

• Current stakeholders for the upvote service will continue to enjoy the service until the first 30days period is up, which is starting on 02/08/18.
• At the end of the 30 days, your tokens will be returned to you and you will have to stake directly from the Yensesa website, instead of sending it to Yensesa's bts address (yensesa-local).
• If you decide to stake again, the new terms will now apply to you.

What will happen if the SP keeps growing

• Our next milestone is 30K SP, once we get to 30K SP we will update the terms, the only thing that will change will be how much YENT you will need to stake in order to get a percentage upvotes.
• Our fees will never change going forward.
• TOS updates will not affect users that have already staked until their staking period is over.

Updates

For our next round we will be setting a 100% upvote to 5000 tokens, half of what is stated above.

cc
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