MinnowBooster Update: Improved Profitability on Upvotes and Cheaper SP Leases Available Now!

in #minnowbooster7 years ago (edited)

Minnowbooster is in a constant state of development and one of our greatest assets is not our platform but rather you, our loyal supporters!

Minnowbooster has listened to your concerns and desires and we would now like to address a few changes we are making!

New Competitive Leasing Rates

Firstly, we would like to announce new rates for Steem Power leases in our Delegation Market:

Normal LeaseCommunity Lease
1 Steem / 185 Steem Power (weekly rate)1 Steem / 215 Steem Power (weekly rate)

This a massively better rate for Steem users requiring additional Steem Power and a good solution for Steemians looking to delegate their Steem Power to those in need!

These rates are effective immediately and we would like to formally re-invite minnows and other Steem users to come and join our Delegation Leasing Market (DLM) by creating a request to lease Steem Power at our website, www.minnowbooster.net.

Increase in Upvote Profitability!

For users looking to buy upvotes our current system allows for a 6% profit to be made on purchasing a vote. Based on the record number of requests we received in our discord room we have gone ahead, listened and decided to act upon these requests.

The new ROI for upvotes purchased through @Minnowbooster results in a profit 35% (edited) of the total upvote value. This means that if you purchase a vote for 1 SBD the vote you receive should net you a tidy 35% (edited) profit after curation.

This is a respectable return which supports minnows while at the same time reducing possibility for vote abuse. We hope you'll be pleased with this news!

Stealth Votes are the New Standard

After much deliberation, developers and supporters of @minnowbooster have listened to user sentiment about the cute 'upgoats' received as a comment as a result of purchasing a vote. Apparently, users would prefer a more discreet way of receiving confirmation their vote has been received. From this point on 'upgoats' are a thing of the past. You will now receive a memo to your wallet with the same information about the vote you received from @minnowbooster. Sorry but the upgoats are no more! Baaaaaaa!


A Message to Minnowbooster Delegators

Currently due to our new vote selling option, the actual MinnowBooster bot isn't receiving much business. As a result some of our smaller delegators aren't receiving daily payouts. We hope that these new changes will bring back the good old days and payments will be resumed shortly. We would like to thank our delegators for their patience as we try to get things back on track!


MinnowBooster is Here for You!

Minnowbooster strives to provide a truly investor-class model for Steem investors and "bagholders" who are either not good at curating content or do not have the time or inclination to do so and would prefer to earn a "Masternode like" competitive APR return on investment with daily payouts, and simultaneously empowering the community and stimulating the attention economy of the Steem blockchain.

Thank you again for your continued support as we work on providing the most socially beneficial toolset on Steem.

Our team will continue to move forward to equip you with the services you need to succeed on Steem!

Don't forget @minnowbooster has got your back!


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
Sell your vote to MinnowBoosterVOTING POWEREarn SBD share of sells

CURRENT PARAMETERS:

ParameterValueRemarks
Minimum Upvote0.01 SBDMinimum SBD you can send
Upvote comments?Can Be Enabled
Profit35% Fixed Return (Edited)
Minimum SP Lease1 STEEM
4-24 week Lease1 STEEM/185 SPPrice per week/Lease size
4-24 week Community Lease1 STEEM/215 SPPrice 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 :)


Please remember, that while we are a business and work for a profit, that we share 90% of our income with the various investors in our services. There is no other booster available which shares it's rewards with such a diverse set of people on the Steem BlockChain.

Thank you for your continued support.


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


Video Tutorials



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)


Visit our flashy new website minnowbooster.net!


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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These are awesome updates, thank you so much to the buildteam! Great work as always - I'm glad to be holding a small amount of your tokens :-)

It's funny to see people complaining about only getting 15% profit...where else can you send $1 and get $1.15 back with no work or risk? It's a crazy good deal and I will continue to use minnowbooster as my go to tool for post promotion!

'you send $1 and get $1.15 back' - you don't get 1,15, you get about 75-80% of it, the rest goes to those users who upvoted your post.
So you lose more money than you get

Now it's been changed to return 35% AFTER curation rewards are taken into account:

This means that if you purchase a vote for 1 SBD the vote you receive should net you a tidy 35% (edited) profit after curation.

That's pretty damn good in my opinion.

yes, i've send 1 sbd right now and i got 1.41 and + 0.028 was returned in my wallet...
i didn't use this service for a while because minnowbooster's upvote wes really small at one point
but you are right, 35% is good, i didn't understand 1/1.15 numbers right... thank you for your explanation!

Nice! Glad to help. Keep on Steemin' on!

doing me best!)

hey @yabapmatt
I am new to steemit and dont know much about transfer system
can you please explain me about the method to transfer $1 to @minnowbooster to get better return
Would mean alot
thank you :)

It's funny to see people complaining about only getting 15% profit...where else can you send $1 and get $1.15 back with no work or risk?

So true. This is close to the "money growing on trees" saying and some users still find reasons to complain. These are the type of people that if you give them money for absolutely nothing they'll still bitch about it. They should go put their money in the bank or stocks and see what profitability they gain from that.

PS: @yabapmatt thanks for your curation reward estimator. It's really useful. :-)

the changes are for worse at least when we ask for 1 week we do not get 4 and with 42 sp for 1 steem

this is now not anymore profitable unfortunately.

It's so good to see that minnowbooster is still alive and kicking :)

hey there,
I am new to steemit and dont know much about transfer system
can you please explain me about the method to transfer $1 to @minnowbooster to get better return
Would mean alot
thank you :)

Great works as always. Awesome

Is 15% not too less ? Once minnowbooster used to give double at 66%, so that is 100 percent, and after curation 75%.

We want to position our service as more of an advertising/promotion tool rather than a service that can be used for abuse and self-enrichment, 15% is modest enough to achieve this goal but still give users the ability to set their posts onto "hot" and "trending".

'you send $1 and get $1.15 back' - you don't get 1,15, you get about 75-80% of it, the rest goes to those users who upvoted your post.
So you lose more money than you get

I sent 3 SBD in upvotes (3.96USD) and after curation (SBD+STEEM+SP) will receive 4.10USD and with price fluctuations, it is not really profitable.

ok, makes good business sense from your point of view. After all its a free market.

There are a few new contenders and they will soon notice the abuse happening to them in the form of botnets if they keep the crazy prices. And when you do nothing about abuse, Steemcleaners and whales step in. For us it is not about the profit, but about not enabling botnets to earn from our service with spam.

Our profits come from volume, so we will try to adapt our prices to supply and demand.

Give us some of your profits 😁 in charity......LOL

Agreed.

buy some buildteam tokens to stake and you get someof their profits,
each month....
twice....

@minnowbooster

Argent...



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  • I sent 31 steem for one week delegation and this is the result please help and explain??
  • 12345.png

    --And please explain how 19 stemm is giving more then 31 steem?

    i sent 31 steem and got 576 for 4 week how it comes?please help!

    how can i lease 1 week only it seems like every time i asked for 1 week it gave's me 4 week delegation ofcourse with different SP .

    Hi, due to low demand the 1 week leasing has been removed from our options.

    Thanks for reply, and if you don't mined me asking if you can bring it back?

    I will discuss with our team if feasible to reintroduce, if you know of other users who may want this it could help.

    thanks for considering my proposal , and i will try to seek other users that want it too.

    bringing it back would be wonderful

    You have collected your daily Power Up! This post received an upvote worth of 1.22$.
    Learn how to Power Up Smart here!

    You have collected your daily Power Up! This post received an upvote worth of 1.49$.
    Learn how to Power Up Smart here!

    mmm i still see the actual rate of 185, where should we go for the 215 rate?

    Hi, that rate is for communities for example a Spanish community that supports Spanish writers, you have to apply to us in Discord private chat and will whitelist the community account if it seems legit.

    It’s still easy to see your votes without the obnoxious comments. Glad to see you’re hurting so bad you’re ripping off you’re customers just a LITTLE bit less...

    Ohhh thank you for the feedback :)

    Love+Positivity+Steemit

    nice post...please upvote my post

    oh great.. the rate of SP lease is more profitable compared with leasing from @blocktrades

    it's a good thing now there will be a healthy competition which will benefit us.. but I want to ask.. why suddenly cancel the 1week term and made 4 weeks as the minimum lease duration?

    The stealth Upvote is a gamechanger. I imagine most people will be doing this now!

    I agree... one reason I didn't use the service (much) was because of the comments.

    i have applied for delegated SP and i have sent steem also...but why there is a difference ...

    in the message u said as 1870 but in the market it is showing as 1829 ...

    then why the difference as per the calculation it shd be 1870 and the same is not showing in the market in "fill offer"

    Anybody from MB please clarify.

    On the website the calc is incorrectly displayed due to some conversion from sp->vests->sp, the final delegation will be correct.

    In your ad you said that “1 Steem / 185 Steem Power (4wks)”
    I sent you 10 Steem and you sent me this message:
    “Your delegation request for 4 weeks 508.75 SP is in the process of being filled. If it can not be filled within 3 days, it will be returned to you.”
    ONLY 508 SP??? You wrote something else. I expected a lot more. By giving a false perception. Can I get back my 10 Steem back? Thank you.

    The price is per week. Can you tell me where you read that what gave you a false impression? I can fix it right away.

    I sadly could not cancel your request anymore as it was already filled, but I can refund you the difference if you can show us where there was a mistake.

    New Competitive Leasing Rates
    Firstly, we would like to announce new rates for Steem Power leases in our Delegation Market:

    Normal Lease Community Lease
    1 Steem / 185 Steem Power (4wks) 1 Steem / 215 Steem Power (4wks)


    This can be viewed as 1 STEEM giving out 185 steem power if requesting a 4 week period and can cause confusion. On the minnowbooster site, it states 185 Per Week. When you first touted this service, I had similar thoughts as op but realized that it was per week.

    When making these posts, it would be helpful to list that this delegation costs x amount of steem per week. Hopefully it stops confusion in the future!

    You in this post write : "Normal Lease Community Lease 1 Steem / 185 Steem Power (4wks)"
    Do not say for a week but for 4 weeks!
    This is what you understand. You should return the steams. Thank you

    Our prices are always per week, sorry for the confusion, we will fix it.

    @reggaemuffin , the price is still 185 ( 47 x week) and not 215 as the post says, right?

    185 for normal and 215 for community. Both per week

    @reggaemuffin what does it mean for community? i mean, how can i choose 215 rate if i would? Thanks

    @reggaemuffin Then give me back the steams. Thank you.

    I can refund you 7.5 steem once we fixed it.

    But no, let it be @reggaemuffin The important thing is to make it clear .. Maybe others get confused!

    Temporary special: We have amended our upvote returns to 35% after curation!

    Very nice friend ,good work ..

    Thankx minnowbooster

    Hi i recently leased sp from minnowbooster.net and i paid steems. But still i didn't get sp in my account. Help me @minnowbooster

    Plzz give me upvote??

    Stopped getting my payout 9 days ago ftom lending steem power

    There's a message for MB delegators in the post. Basically, the delegated SP is not used for voting and MB is not making any profit with it. So there are two options - wait it out until MB starts voting more or undelegate.

    when is it foreseen to start? how long to wait? if one undelegates there is always 7 day rest no one takes advantage, anyway if you know that only next year MB starts voting more I would prefer to undelegate rigth away ...

    My guess is that payouts will start Monday but it can be earlier.

    Sorry @camendes70, i don't know. I would suggest to look into delegation opportunities on the marke https://www.minnowbooster.net/market

    Really good news.. I always use @minnowbooster for your good services.. i used some other boosters.. when i bought upvotes from them after curation there is no profit.. And there is @minnowbooster, who always giving profits.. love to use @minnowbooster!

    i have delegated some steem to minnowbooster..how can i get it back?? please help me.. @minnowbooster

    Talk to us on discord, we can help

    ok

    amazing offer..

    It makes sense that the ROI for delegating SP be lower considering over time there will be more Steem in circulation. I would think this will need to continuously happen because of that. Regarding the purchase of upvotes I hesitate to use it because right at the minnowbooster.net home page lists out 9999 SBD as the limit and minnowbooster %voting power barely above 60%. Could minnowbooster list %voting power of the upvote delegators so we get a better feel as to what we are buying? The minnowbooster data I listed makes me hesitant to use that service. Either way I am I look forward to using the delegation in minnowbooster with these nice discounts. Thanks.

    We currently have a fixed price. And limits are gone for the time being. It makes no difference, from who you buy

    Please add STEEM support, currently SBD is too volatile :)

    Thanks for the feedback ... We are actually going to have a Discussion about this :)

    I delegated 1000 steempower to minmowbooster. Its been more than one day and I did not receive daily payouts. Can you please check that?

    Hi, sometimes when demand for upvotes is low and the MB account doesn’t vote there will be no profits to distribute to our delegators. However please check with our support on our Discord channel, links are on our website and on the post.

    I will follow forever and resteem it!
    Good service for upvote!
    I use upvote service for some week and is very good. I will try @minnowbooster when I have 1 SBD because I this is very profitabile for post promoting an visibility increase when his upvote come to post.

    @minnowbooster I want to rent a delegate steem, is it still available?

    any way to have both options - the stealth and the goat poster? I can see where the stealth option is great for upvoting your own posts and comments. I used the upvote to reward friends and followers and the goat poster was a way to let people know that I patted them on the back.

    It would be nice, from my point of view to have both options.

    Cool we will note this for possible options.

    hellow minnowbooster i sent you 4.5 sbd for 3 link but you did not upvote

    .. please refund sir .. it is huge for me . please refund sir ..

    minn.JPG

    thank you minnowbooster ..solved

    This looks like really good leveraging!

    Genellikle her gün anında oy vermeye başlamıştınız. Bu konuyu kontrol edebilir misiniz lütfen bana bir upvote sunabilir miyim, sbd'imi iade eder misiniz? Teşekkür ederim.

    Hi You say 35% profit AFTER CURATION.. however I am actually only receiving about 1.5x my upvote value, that is, if I upvote by 0.2SBD the actual vote is around 0.3USD and after curation it isn't profitable. I sent exactly 3.0SBD in upvotes ($3.96 USD value at time of voting) and after I ran the math, SBD + STEEM + SP - Curation, worked out at $4.10 USD a mere 0.14c profit. Nothing like the 35% "after curation" you claim in this post.
    Does anyone actually know what is going on around here?

    Hi Guys, maybe jumping the gun here, but two of my leases have ended. Used to be that I had to actively cancel it using a link that was sent to my wallet. Copy and paste style job. I see now that its been two days with delegation number reduced by two. But no links yet. Does the power down happen automatically now, or do I have to do something to cancel these leases now that they are finished paying out?

    Thanks in advance for help.

    I gave 1400 Steem Power to the bot, and I don't get daily payment like before...
    Why so?
    @minnowbooster ???

    one of the best voting bots.

    Good post!!

    What is with the renting for more then 4 weeks? What for prices have you calculated on that?
    Resteemed :-)

    probably the same rate as it was before, meaning also 185SP for leases >4wks :-) ,still a good deal

    Thank you :-)

    We are currently evaluating better pricing for longer lease terms, suggestions are highly appreciated!

    Thank you very much for the post

    Good work!

    Very nice post...so interesting to world steemians.

    Awesome Post

    I doubt you will get the same business to the vote selling bot. You went from like 100% profit return to nearly nothing. Raising it up to 15% isn't anything better!

    Giving too much Profit enables abusers and is something many in the community are against.

    The community lending sounds interesting

    I have a question.

    When a community lease gets filled the rate is great and at the right price.

    When we try to renew the lease though, then the price is set at the normal rate and not the community rate.

    Any way to fix this?

    Like the new rates and the stealth vote! Nicely done!

    That seems like a bug and I'll fix it as soon as possible.

    Any update on this yet? Some leases expiring soon. =P

    Please and thank you.

    Thanks for all the updates and I'm glad to hear you will be back in operation shortly.

    Hi,
    Great article as a new comer it is informative.

    Thank you.

    Please follow me. Help me please

    I don't want to use steemconnect because I don't want to give my master password to any other. Is there an other possibility?

    Requesting upvotes can be done via the Steem wallet and sending SBD and the post url in memo to minmowbooster.

    If you want to manually delegate to our bot just use Vessel offline wallet, and delegate however much you want to minnowbooster. Our blockchain parser will detect it.

    If you want to fill a lease just click “fill offer” on our website, this locks it to prevent duplicate delegation,check the exact vests amount and use Vessel or Cli wallet to delegate the exact amount to that user. Our parser will detect it.

    If you want to request a lease you send Steem to minnowbooster, I forgot offhand the syntax, check with our support in Discord they can confirm, we may have changed it because we are no longer offering 1 week leases.

    I havent received a payout in 11 days now, used to get them daily. What happened?

    We are working on it and have the audit of everyone so please bear with us :)

    I delegate 1 steem to try your service I get only 7.7 sp!!! You say 1 steem gives 185 sp!!!

    Hi, I haven't received any delegate payouts in 11 days. Why is this?

    it is not profitable anymore now.

    I send u 1 sbd
    But nothing happened

    can you explain more please :)

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