MinnowBooster Tutorial #5: Delegating Steem Power to the Market

in #minnowbooster7 years ago (edited)

Hey there, @reggaemuffin here with the fifth piece in our tutorial series teaching you how to get the most out of @minnowbooster.

In this tutorial, we’ll be showing you how to delegate STEEM POWER to the Market with MinnowBooster. By delegating STEEM POWER with MinnowBooster, you will be able to receive an APR interest rate on your delegation of between 15%-30% APR all without ever physically handing over your liquid STEEM. Ever wondered what it's like to just sit back and watch the money roll in? Delegate some SP to the MinnowBooster market and find out!

Anyway, that’s enough from me - here’s another awesome video tutorial from the amazing @velimir and @ldauch:


Delegating Steem Power on the Market is easy!

Just follow these simple steps:

Delegating on the Market @ Minnowbooster.net

  1. Go to the website: http://www.minnowbooster.net/market
  2. Read the note about facilitation fees.
  3. You now see the list of requests. People who need your STEEM POWER.
  4. Choose one and press “Fill this request” button.
  5. A new screen opens. If you are satisfied with the offer, enter your username in the field at the bottom of the screen.
  6. A new window will open. Verify your numbers and press “Continue” button.
  7. Now you need to log in with your “PRIVATE active key” or “Owner key” or “Master password”
  8. You will find your “PRIVATE active key” and your “Owner key” on your Steemit.com profile, under Wallet - Permissions. Navigate there. Please note, you need only one of them.
  9. By default, Steemit.com displays PUBLIC Active key. To obtain PRIVATE Active key click “show private key” button to the right from the ACTIVE KEY label.
  10. When it appears, highlight the PRIVATE active key and copy it (CTRL+C).
  11. Return to the previous MINNOWBOOSTER website and enter your PRIVATE Active Key (CTRL+V).
  12. Press “Continue” button.
  13. MINNOWBOOSTER will display “Successful” message.
  14. You are all set. You leased your STEEM POWER to another user!

What can MINNOWBOOSTER do for you?!

What?CurrencyAdvantages
Buy upvoteSBDEarn an instant return
Lease SP from marketSTEEMIncrease your vote strength and curation rewards
Delegate SP to marketSTEEM POWEREarn daily STEEM dividends
Invest STEEM in MinnowBoosterSTEEMEarn daily SBD dividends
Delegate SP to MinnowBoosterSTEEM POWEREarn daily SBD dividends


CURRENT PARAMETERS:

ParameterValueRemarks
Minimum Upvote1 SBDMinimum SBD you can send
Upvote comments?NO
Profit at 100% VP3 timesCheck VP at steemnow.com
Daily Limit5.0 SBDMaximum you can send in 24h
Weekly Limit15.0 SBD7 day maximum
Minimum SP Lease1 STEEM
1-3 Week Lease1 STEEM/75SPPrice per week/Lease size
4-24 week Lease1 STEEM/150SPPrice per week/Lease size

Provide us with feedback

We are happy to hear your feedback about where we can improve.

Join our Discord chat

Get support and connect with us and other Minnowbooster fans!

We are always looking to improve @minnowbooster and try to keep you up-to-date whenever something changes. If you have any suggestions about what we should change or add to @minnowbooster, then please write us a comment :) If you make a great suggestion and we implement it, you may even get rewarded with BUILDTEAM ... So make sure you include your Bitshares username with your suggestion!

Don't have a Bitshares account? Create one here.


Missed the BuildTeam announcement? Here's all the juicy details.


Previous Video Tutorials

MinnowBooster Tutorial #1: Delegating SP to MinnowBooster

MinnowBooster Tutorial #2: Powering up STEEM to MinnowBooster

MinnowBooster Tutorial #3: Upvoting Posts with MinnowBooster

MinnowBooster Tutorial #4: Leasing Delegated Steem Power with MinnowBooster



And last but not least, here's our cute little footer made by the most epic @ryivhnn! Yes, there are cute little minnows floating around!


Minnowbooster is a @buildteam project by @thecryptodrive (witness) @cryptomancer and @reggaemuffin (witness)


This is a @steemvoter subscription payment post. Thank you to Steemvoter customers for allowing us to use your Steem accounts to upvote this post by virtue of your free subscription to the Steemvoter.com bot service. @steemvoter is proudly a @buildteam subsidiary and sister project to @steemsports and @minnowbooster.

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Hello, i didn't receive daily payout at 25-09-2017. please could you check. thanks.

Me neither

weekly limit is now 5 SBD? wow thats not good.

weekly is 15

So it has come down from 25 then? When did this happen. These people that run these voting bots ect change there plan every couple of days. And all sleep alot nowadays😠😭

12 hours ago. I don't understand the issues, but they have to juggle the new delegated Steem and try to getting the voting power balanced, etc.

RANDOWHALE used to be the one but now he just sleeps all the time. I only just started using the 5sbd votes and now its gone dwn. Its still okay so it will have to be used friday-sat-sunday. 😠😭

We are working on improving the voting power at the moment, because it won't actually help minnows if they pay more for the vote that it is worth 😊

And minnowbooster never sleeps! 🚀

I guess its in the title! Minnow? I am a dolphin but bought all mine instead if blogging. I used the 5SBD vote and got to say its the best on steemit. By far, I used bellyrub today for 9SBD and actually got less so nit sure I will use this in the future. I guess I will watch your space! Thanks dude!

Hello @reggaemuffin! @minnowbooster says

Sorry, you need to send at least 5.0 SBD!

for post upvote when I sent 1 SBD. That meant I just lost 1 SBD and there's no refund policy?

Edit: redunded. (new to this stuff :D)

Hello, A nice post!

You are more than welcome to follow me @crypto-guru

Hellow , @reggaemuffin. Thaks for the tutorial.

I have noticed that in the limits Summary at the end, you have written that :

Weekly Limit | 5.0 SBD | 7 day maximum

I thought it was 15 SBD. Have you lowered the limit, or this is an old version of the table?

Hi, sorry this was an old version of the table... have now fixed. Thanks for pointing this out.

https://steemit.com/birthday/@cassillas5553/birthday
I sent 1 sbd to upvote this post... Seems like the upvote bot isn't working properly.... :)

We are very grateful for everybody who have delegated us Steem Power through the marketplace. It's a wonderful service.
@MinnowPowerUp is a subscription based daily upvote bot that draws its power from a delegation pool offered by the @minnowbooster marketplace.
Learn more about Powering Up through a delegation pool here!

Interesting opinion.

Hi @minnowbooster I resteemed a number of your posts, would you mind returning the favour? @peterwachira

hey @reggaemuffin, @velimir and @ldauch. Great post, very useful information. Next to using your regular blog boosting, I will start delegating some SP as well!

On a related note, for those Noobies that are looking for a way to boost their Curation Rewards, check out this post.
https://steemit.com/steemit/@steemitromney/noobie-curation-fund

For the wealthier Steemians among readers, you are very welcome to come help the boosting! It is yet another initiative to encourage starters and work towards a more equal distribution of Steem Power.

A debt of gratitude is in order for posting @monnowbooster this will be incredible help to amateurs. I have discovered numerous amateurs of late I will resteem thos post to help th

Nice tutorial great

@minnowbooster I just created a post about of

How to delegated and how to get upvotes

Please see it here step by step tutorial

Click here to read post

It's my !originalworks
Checking easily any currency price by typing @steemprice steem

$1.066 USD/STEEM
Volume: 10.9016 BTC, 39642 STEEM / Average Price: 0.00027500
Last Updated Thu Sep 21 11:12:58 2017

The @OriginalWorks bot has determined this post by @minnowbooster to be original material and upvoted it!

ezgif.com-resize.gif

To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!

To nominate this post for the daily RESTEEM contest, upvote this comment! The user with the most upvotes on their @OriginalWorks comment will win!

For more information, Click Here!

Thanks for posting @monnowbooster this will be great help to newbies. I have found many newbies lately i will resteem thos post to help th

Are you seriously making the same typo?

I've delegated and am enjoying the service. I did a post about metrics recently.

After those four days, returns dropped to about 1/4 of what they were, but they're recovering. Just a hiccup, I guess? :)

How much have u delegated mate? What is your daily payouts? If ya dint mind. I might just deletegate mine and come back in a few years. haha

Sure thing, go ahead, we are only going to the moon 🎑 🚀

Can u delegate it even tho mine is powering up or have i got to wait 13 weeks?

I suggest you to use the vessel wallet, tgat makes delegation really easy 😉

I delegated 10k, and was getting about 7 SBD per day, which worked out to around 22% annually; I did a post about it a few days ago: https://steemit.com/life/@libertyteeth/delegating-to-minnowbooster-progress-so-far-after-four-days

Just after that it went down to 1.7, then 2.7, then 4.7, 5.5, and yesterday 4.9. You can see my payouts by looking at my wallet -- I really like how everything is transparent on here. That stupid commercial, "what's in your wallet?" has an easy answer here. :)

We got a huge delegation and payouts had to adapt to that. We buffer payments a bit to not fluctuate too much, but that means they need to ramp up for sudden changes.

Cool, thanks for the info!

Thank you for this.

Thanks for this post. My upvote & followed.

This seems a great opportunity. Thanks for posting the tutorial.

Thanks for such useful information

thans for posting the tutorial.

So what are the terms and limits now?

Last week it was a 25 sbd weekly limit, 5sdb min vote, then I get a message saying it's 15 sbd weekly limit, but on this chart it says 5, please pick some terms and stick to them, at least for a while, I love your service but this is getting silly.

Hi sorry, the chart was an old one we inserted by mistake. The published value on the website is correct @ 15 SBD weekly limit and just fixed the chart on this post.

Thanks for clearing that up.

For a minnow this amount is too high. You have different fees try to make it cheaper for minnows and as they grow they will be able to afford the higher rate.

You can send 1 SBD minimum, 1 SBD should be low enough for most people.

Congratulations @minnowbooster! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

This post has been ranked within the top 10 most undervalued posts in the second half of Sep 18. We estimate that this post is undervalued by $62.80 as compared to a scenario in which every voter had an equal say.

See the full rankings and details in The Daily Tribune: Sep 18 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.

If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.

What is more profitable? Delegating power to users or to the bot?

Delegating to users was more profitable before and more consistent, but delegating to the bot may be starting to become more profitable as the service becomes really popular. Why not do a bit of both?

Congratulations @minnowbooster!
Your post was mentioned in the hit parade in the following category:

  • Upvotes - Ranked 3 with 750 upvotes

I really dont understand I send this account 5$ for an upvote, then another whale flags me?! This is not fair at all...

I like what you are doing here --- and I have to say - I'm impressed with the graphics and color scheme ... and the rocket ships --- very Flash Gordon. Well done!

Congratulations @minnowbooster! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Thank for sharing post very nice

eres una gran ayuda para la comunidad steemit, gracias de verdad minoowbooster, ..;)

Greetings @minnowbooster here is the Spanish version of this tutorial, so it can be more easily understood by the Hispanic Community!
Excellent proposal to offer Steem Power directly in the market!
https://steemit.com/minnowbooster/@simnrodrguez/minnowbooster-tutorial-5-delegar-steem-power-al-mercado

Reestem, thanks for sharing it is very instructive

@minnowbooster,i sent you 1sbd,you only messaged me that i got an upvote from you but you never upvoted it..here is my memo sent to you..https://steemit.com/health/@ladu/health-is-wealth

Nice...
I follow u...for votes on your every post follow me

Congratulations @minnowbooster! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

I did a minnowbooster 2 hours ago. It says on the post $2.75 was transferred but no money was actually added to the post. Let me know, thank you
https://steemit.com/steemsilvergold/@clumsysilverdad/silver-bullion-bars-1-oz-apmex-johnson-matthey-geiger

update ... looks like it went through now finally

Wow truly amazing post, I followed you and gave you my 100% upvote on several of your post ????
keep up the good work,,,and plz follow me back..@maxani

Hi, is @minnowbooster upvoting down right now? I sent in a request (1SBD) over an hour ago, and according to SteemD, @minnowbooster still hasn't upvoted.

@minnowbooster I sent 1 sbd about 2 hours ago when the lag message was on your system and I did not receive an upvote from the bot. Am I going to receive it? @gold84

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