Tough times for Dustsweeper
With the constant lower STEEM price it makes it harder and harder to sweep up dust. The voting power needed to push a comment above the threshold is holding us back immensely. A few weeks back we managed to reach a whopping 26K in SP, but at the same time, it was frustrating to see that we couldn't handle any more dust.
Hopefully we will see a higher STEEM price moving forward.
@dustsweeper has recently got a "Dusty" friend, known by the name @dustbunny, created by @fraenk. With the current market conditions and the abundance of dust, there is plenty of room for both. @dustsweeper and @dustbunny use different models and complement each other pretty well, so as a user I wouldn't hesitate to sign up for both.
Cost calculation mistake
Dustsweeper's cost model is built to provide no profit from the vote itself. The money paid in is returned via the upvote, and the profit comes purely from the saved dust.
In a recent update, an error was introduced in the cost calculation, causing around a 50% discount to the vote cost. As a user, don't worry! You basically got an early dust Christmas present. :)
We basically depend on the subscription money to be able to pay for delegation, but we hope this won't have a too big of an impact on our operation.
The lower STEEM price is making the payout percentage higher than before. When we started @dustsweeper, a $1 post value paid out around $0.5. Now it is closer to $0.8. So whatever post reward value you see, more of it will end up in your pocket. I had accidentally moved an old calculation model, with a fixed cost ratio, from my test server over to the live server, causing this error.
A Big Thanks to all Supporters
In these tough times, we are especially thankful for all the support we've got. If you are reading this, please be sure to thank this cool bunch of Steem users:
- @gamer00 - 3000 SP
- @abh12345 - 200 SP
- @dynamicrypto - 100 SP
- @preparedwombat - 100 SP
- @johndoer123 - 5 SP
In addition, @davemccoy and I have a total of 5200 SP delegated to @dustsweeper.
Discord updates
We have added some requested features to @dustsweeper's Discord bot.
The $help command now includes information how to top-up your account and how to send a gift to another user. It currently looks like this:
We have also extended the $stats command to include the current status of the account and the last time it was checked for dust.
When the $stats command was updated a few days back, the last line initially included the "last vote time" instead. That was a mistake and was only true for accounts in an inactive state. The time is correctly referring to the last time Dustsweeper tried to sweep the account for dust, even if no dust was found.
We have modified the data collection and will include "last vote time" as well in 1-2 weeks.
If you still haven't done so, please come and join us on Discord!
Steemit's API node update
The @steemitdev account released an update 2 days ago about upcoming changes to their API node (api.steemit.com). Changes can have an impact on any Steem app depending on the API calls used. @dustsweeper should not be impacted by this change. We are currently using users' account history to keep track of posts/comments and that is nothing that will change. Please have a read for the list of changes: Steemit's API node update
Dustsweeper Stats
Here the latest Dustsweeper statistics.
- We have 1200 Users registered, out of which 950 have an active account.
- A total of $800 saved from turning into dust.
With the current demand and the low STEEM price, we are averaging around 1 dust vote per user, per day.
We are always happy to keep an eye on your Dust. 😀
Thank you for reading!
ps. If you wonder about the cool @dustsweeper graphics above, they were all designed by @charisma777. Please check out her post: https://steemit.com/dust/@charisma777/a-gift-for-dustsweeper
Dustsweeper is an initiative supported by Witness @danielsaori. @danielsaori is also one of the co-founders, together with @davemccoy. Their shared vision is to help newcomers grow and prosper in the STEEM universe.
Seeing a 2 cents profit turn into dust doesn't sound like much, but for someone new, it can make all the difference. @dustsweeper is trying to prevent that potential disappointment by helping protect those tiny profits.
Do you like Dusty? Please give a Witness Vote to @danielsaori
Do you know how much SP does a person need to have for the 100% vote to be above dust?
Keep up with the good work!
You need around 770SP with a 100% vote at 100% voting power. Steemnow.com is an excellent site to check
That is really too harsh for new users. Hopefully, this Steem sale will end soon enough.
That's weird. Last year when I had 60SP my upvotes were worth 2 cents.
Keep up the great work as the projects like these are what keeps the community going! Amazing to see that a user needs to be above a minnow to be above the dust threshold!
Posted using Partiko iOS
Thank you for your support.
Yes, it is crazy the low upvote value we are seeing now compared to 6 months a year ago.
But 100 minnows can still make a big difference :), as long as their individual votes are above the minimum vote threshold.
Thank you for the update, I will check on discord later to see if I need to update my account, that will be a nice tool. Yeah @fraenk "Dusty" friend @dustbunny is another very helpful tool/service to rescue the vote. It would be nice if steemit or steem inc could make a quick change to the dust vote level to something like $0.008 but I think we would all die of oxygen starvation if we held our breath waiting on something like that. It seems as if almost all the other numbers steemit uses are based on or tied to a set "vest" amount, it would be nice if they tied the dust vote level to a "vest" amount.
As steemit.com has set the standard to show the value with 2 decimals, it would make sense to have the payout threshold at $0.005. Then any value less then that will show up as $0.00, and the payout will also be $0.00 :)
This is why I haven't been getting SBD in my rewards because of the low steem price?
Hey dustsweeper! You should avoid voting posts which payout is declined. Just a little idea.
ah, true. :) Thanks, never thought of that. Do you have an example of that?
I will do an automated scan so I can refund any of those votes.
My last post for example.
Thank you for pointing it out. I fixed it and sent a small gift to both of your accounts.
At the same time I pushed the fixed for inconsistency you mention below. I had thought about that for some time but was lazy to update. :) Now the transfer notification will match the initial asset.
By the way. When sending 0.001STEEM the account answers with 0.001SBD. This could be exploited as it is a 1:1 exchange while on internal market the course would be 1:0.4 or something. I don't know if you have any prevention for this.
Is it possibly to purchase other users @dustsweeper yet? Thank you. Merry Christmas!
Yes, it is. Just start the memo with
to:follow by the steemuser. Like this:to: danielsaoriThe receiving user will get a notification telling them who sent the gift.
Hope you had a great Christmas and best wishes for the new year!
Can I delegate to get upvotes on my comments instead of sending steem?