MinnowBooster Update Log #16

in #minnowbooster7 years ago (edited)

Hey there, @bulleth here with the latest update on MinnowBooster paramaters.

As you have probably noticed, voting power on the bot has been steadily declining and is now around 60%. As such, we are changing the $7 per week limit back to $5 per week. This will hopefully allow the voting power to start recharging naturally again.

Also as the voting power is so low, we are having to raise the minimum send to $1 SBD. This is because if the voting power declines any further, 0.5 SBD votes will become unprofitable. Hopefully this change is only temporary and we will keep you updated. In case this change temporarily prices you out of using the service, we recommend using the @discordia voting bot which has a low minimum of just 0.10 SBD.

Now for the good news, as well as the above changes, we are also upping the maximum daily send to $5. This is once again a matter of profitability, instead of spreading your five $1 SBD upvotes out over the week, you can put them all on one post if you wish. This means you should still be able to turn a nice profit, even at the current low voting power.

Now for the DLM, we recently halved the market rate on SP leases and the market was swamped with unprecedented demand. This was great for the people who got in early, but eventually our delegators simply ran out of SP to spare at the current promotion rate. There are currently more than 50 orders sitting in the market unfilled. We are working on variable pricing and this should be available very soon, but in the mean time, we will be raising prices to offset demand and incentivise delegation. Until variable pricing is introduced, the rates for leasing SP will be as follows:

  • 150 SP for 4 Weeks will cost 4 STEEM
  • 75 SP for 1-3 weeks will cost 1 STEEM (per week)

With this change, we are aiming for the middle ground between our original price structure (not enough demand) and the promtional pricing structure (too much demand). Leasing SP for curation should still be profitable at these new prices.

That's all for today, we appreciate your patience as we fine tune our paramaters and try to develop a bot that meets the needs of all our customers. Feel free to contact us on discord if you have any questions.

Thanks guys!


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

Read the full-featured how-to guide here:

https://steemit.com/minnowbooster/@minnowbooster/6rt2mn-introducing-minnowbooster-beta

NB! The above is an introduction post to get you familiarized with the services Minnowbooster offers. Please read it before using Minnowbooster services. Since inception we have updated many paramaters for the voting bot and DLM. You can find the most recent paramaters below or at minnowbooster.net



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 Limit5.0 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.

Minnowbooster Discord - Join our Discord for support and to connect with us

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 Bitshare's account? Create one here.

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


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 @cryptomancer and @reggaemuffin


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, my 4 weeks lease of delegated SP was supposed to be expired on Aug. 26 because it started last July 26. Today, Aug. 22, it has been cut off/expired 4 days too early! Why? Can you please restore or refund for the remaining 4 days?

last week, I spent 200 STEEM to borrow 10K SP for FOUR weeks.. now the price has gone up to 266.67 STEEM... so my question is: can I lease these 10K STEEM (delegated) back so that I can earn 66.67 difference?
Please could you advice? thanks.. I am serious.

Wise consideration!

@justyy and @incrediblesnow Sorry you can't lease out your delegated steem because of obvious reasons but you can lease out your non delegated steem Power if only is above the minimum of 75 SP and above. Hope your question has been answered? Write me if you still find it confusing. From Your friend @jimscope

Thanks. I know the answer. it makes sense.

Thanks for this great service! I have two questions but still can't find the answer anywhere, please could you kindly advice?

  1. how to cancel or amend the SP delegation to @minowbooster ?
  2. as to powering up @minowbooster , do we get the STEEM (initial investment) back ?

Thanks.

cool

This post received a 2.1% upvote from @randowhale thanks to @maxsteem! For more information, click here!

Minnowbooster is absolutely amazing. Both the leasing and the upvote bot are brilliant. Thank you for this great service.

I think the 150SP for four weeks offer is still interesting enough to go for.

And the change to be able to send a 5 SBD upvote for the entire week is also great because that saves a lot of effort.

ok :)

This post received a 2.1% upvote from @randowhale thanks to @mountrock! For more information, click here!

Very good post @minnowbooster. Thankyou for sharing.

@minnowbooster sent u 3sbd ....but i m yet to recieve any delegated SP on lease.....instead u have sent .001 SBD

No problem, we have changed the app to now refund memos that don't fit the description.

Good changes in my opinion! Nice to see that you actually take the time to show your train of thought :). Good luck with the platform!

I am minnow who is very hungry!
Why there is no one fill my delegation of 3000SP!!!
I am desperate now!

Hi there, the initial pricing was too low for investors, I think with the new pricing orders will get filled. Please resubmit your order at the new rate if it expires.

I love the service that you provide. Leasing delegation allows me to power up the @MrSquiggle bot that would otherwise rely on delegation from other users. Keep up the great work.

What does your bot do?

It's an altruistic bot that upvotes all members of the #teamaustralia community and promotes creative content too. I purchase delegation for the bot for the benefit of the community and others have generously delegated to it too.

Hi, I just followed you. I want to get to know you more cos I need more education on the working of the bot stuff, thanks.

Pleasure, thank you!

how do i cancel my delegation?

Back after 2 months away from Steem, it feels good to see such an initiative running full force! Good for you, good for us all! Namaste :)

Welcome back, hope to see you active again!

@minnowbooster when will the changes to the DLM take place? Just now i saw a request for 150 SP for 4 weeks paying 3 SP. So when will the new prices go live?

New prices of 24% APR are live already:

wow this is super cool

Thanks a lot @minnowbooster

great job @minnowbooster we are really impress with your great efforts for minnows.

I dont have much power now to delegate and also I like to promote posts and blog, great project :-)

Hi @minnowbooster, How did you earn $41.91 by just upvoting? That's crazy!!!

It's magic. But really, it's Steem Power, so money ^.^

The funny part is, when I do the same thing, the result is entirely different. This is injustice. :D

Have my 1% vote :P

no u just dont have enough steempower! u do earn when u upvote too! Its just fractions of a penny so u dont notice it but u can click on rewards Author rewards and Curation Rewards to see how much u make from curation, u get a cut of all the posts most u upvote, if u upvote early or with a lot of steempower u end up with the bigger cut of the curation money!

I am glad to hear the daily limit is gone. One concern I have with leasing is that some people might use it purely for selfvoting, which would abolish the intention of it. Still a proud user of your services though! :) (still my fav. of them all!)

I was kidding. They are doing an awesome job and self-voting is not illegal. That's the beauty of STEEMIT that allows anyone to earn with the least effort involved. This has not done before and that;s what makes STEEMIT a social media of future. Proud to be part of this community.

No, self voting is not illegal. However, if everyone were to self-vote there be no Steemit. And I think especially with leasing, that it would destroy the intentions they have when people would use it solely for self voting.

nice post
thank you

Cool we got in early and partook of the 1-200 leasing plan. Not too bad as it is now though....

I recently just used the service to delegate SP and never had something been so easy to do. I thank you for giving me the opportunity :-)

Good looking out with the update. Much appreciated,as always! Bookmarked and noted!

Informatiob thanks

This post has been ranked within the top 25 most undervalued posts in the second half of Aug 15. We estimate that this post is undervalued by $32.35 as compared to a scenario in which every voter had an equal say.

See the full rankings and details in The Daily Tribune: Aug 15 - 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.

Thanks for the service :)

Hi guys, really slow start for me on this platform, any tips? Have an awesome day :)

I love your services @minnowbooster. Looking forward for more stability

And if you want a little more profit try out @bellyrub

You mean if you want randomness and uncertainty with the bidding ;)

Congratulations! This post has been upvoted from the communal account, @minnowsupport, by Arrow2 from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.

Ok. You want the best for us anyway. Support

@minnowbooster thanks for that very useful post..

Morning, just sent money for you but havent received anything or did not get it back . I can see the rules changed...did I lost it?

You were just over your limit :)

Thank you for this great service. I am using it more and more. The 5 usb per day limit is good for me, but not the 5 per week limit!

16 minutes ago I sent usb 1 to minnowbooster, but the vote is not here, neither is the money back in my account. Is anything happening? I sent this request immediately after posting the article. Maybe it has to do with that?

Thank you.

It's solved! Thanks! Great service.

Sometimes there are some problems with steem, but the bot remembers and will catch up :) Best to wait 1-2 hours and then come to discord. We will refund you manually if things went really wrong

I get the UpGoat , and i get Resheep, but what play on steemit related words is Swallow?

And i have a question about renting Steempower. I rented steempower once and couldnt even make enough self voting to pay for it! maybe I didn't use up all my power but it was difficult to get a good ROI back, maybe I wasnt timing it right

I wonder how much you can make off your steempower ...And if you should consider it as just more money that you have control of ...

I am wondering about the people who end up wasting their steempower by buying it and then not making enough upvotes to drain theoir vote power

but when your vote power is getting low, it seems to diminish faster, is it not smartto upvote untill your vote power is drtained to 0? or is that the only way to use it all up/ How can I make sure I am using up ALL of the money thats coming to me, how an i make sure i USE al the steempower that my steempower allows for? like how do i make sure, (its hardto get this out corherently bevcause its something my brain isnt used to thinking about) how can i make sure i dont waste the MONEY thatmy Steempower Allows me to give out? Like I want to make sure that every 5 days I dont end up NOT using some of the steempower I COULD have used....

An sjhould we consider thats teempower as OUR money? I consider Self Voting at 1/3rd and voting for others 2/3rd as fair, but if your hurtinga nd NEED to make money u can 100 percent self vote, seems like ity wouldnt be so bad, i mean you ID buy the steempower right?

But thats nly if your enot making money i mean, for me, i get much more out of using my steempower to upvote others, and then that will make me friends, and earn me followers, and get me enough on my own posts from others trhat i dont ned to self upvote!

anyway just had questioons about steempopwer, i hope someone can tell me thir opinion as i understandthere might not be any right ansqer to these questions, who knows if we should consider the money frm our upvotes as Our own money, bcaiuse it IS possible money, (Like potential energy vs kinetuic energy!) but should we consider it OURS because we can give it to ourselves if we want? Wont everyone in teh future just self vote with like 90 percent or more of their voting power>? Seems like people who are desperate might

BUT the answer probly is that peopel who have enough steempower for self vots to raly be profitabl should end up being able to earn ALOT of friends, and followers, like if u can upvote $5 at a timeu canmake A LOT of followers and make A LOT of friends wo will love you! and the more followers u earn the more upovotes and steem u earn!

Anyway thank u so much for your grat program! Im about to send $5 for an upgoat! Im glad i rtead this first! But i notcie when u acicently send more than ur alowed it autopmaticaly refunds you now! very cool!

Swallow ⇔ Follow

In my opinion SP is worth it for the social element. People notice your vote, they notice you and get in touch with you. If you can earn your investment back and how, that is something I don't know.

If you have any questions about how voting in general works, please join discord, that would be too much for a comment.

On the self-voting aspect: I believe everyone has the right to do what they want with their SP. so it is your decision if you want to selfvote. I personally vote my own posts but not my comments.

AHH its the FOLLOW swallow! Nice! cant believe I didnt catch that! Hey and thanks for the reply its cool to get to talk top such an important steemit uer, and thank you for helping @bania and supporting steemit team africa, we will make helping steemitmmebers in Africa a whole meme in itself! And youre work is VERY important and youre gaining many many fans believing in minnows and beliving in human potential!

yes i always use my upvotes to gain fans because if i like a post on trending by a whale or dolphin or even minnow, ill upvote everyone inthe post, so very comment will get a fw cents uipvote by me, and thyll ALL notice the upvotes all by the same guy, and it REALY Works especially when you then announce it with a screenshot and say "I upvoted everyone here!"

and yeah its realy fun to imagine the ADVERTISINg value of stempower in teh future when we have AL the yeeballs wen we have millions or hundreds of millions of users like reddits 240 million users, we can show brands that they can buy steempower to promote their OWN posts by self votying them to the top of trending! And because theyl have to buy steempower to do this (and to silence critics of theior brand) the price of steem will gp up[!

Now we should probobly get peopel ready for this and try to get people to hold back on any ort of criticism of flagging of big corporate brands, we want big brands and big companoies to feel safe buying steempower and know that we will accept them as part of the steemit commiunity if they self votetheir own posts OR USE the promoted feature BUT i fel the ide aof just self voting yourpoststo the front page will be a VERY powerful and cost effective tool to get EYEBALLS and if we convince big brands to drop a few grand or a few hundred grand on steempower as a long trm investment they an use to self vote thgeir posts to the front page of trending, then we can get a lot of potential adevrtyiosers to buy up A LOT of steempower!!

OR WE CAN EVEN sell posts from the Steemit Account @steemit which has a lot fo steempower, and we can offer a service where we Upvote your post if you rent the delegated steempower from a whale account OR we just offer the ablity to send a post to the front page y buying an upvote from a powerful whale account! that way the brand advertisers wont need to buy steempower themsevs, we can just let them pay in Bitcoin or Steem to have a whale account (maybe a special AdBot account or something named AdBot or SteemitAds or something, and u can send it SBD and it will automatica;y upvote your post to the top....anyay i should make a post aboutthis to prove to people ho we wont ever need seperate ads and tyhat the ads will be within steemit themselves OR whales can SELL SPACE ion their own pots at the bottom!

Hey thanks fopr the reply! it always an honor to get to speak with you directly! You and the other whale/devs will be seen as your own zuckerbergs and bill gates of your times, becue steemit is going to become much much bigger than most peopel can imagine but I know you are one of the few who can see the potential (But tht we must work for that potential every day and night to manifest it! My own struggle is with my own laziness and how comfortable myt life has become now tht I had gone so long without money and just enjoying growing my plants and not neding much to make myself happy, but I see how selfish it is now, and how theres too many peopel who CANT just chill like that, and sop I have to work hard for not just mydelf but for all thepeopel who cant relax yet, and I have ben trying to double my work on steemit and I will be trying to just focus more on steeit africa and i believe there is a huge reward for all of us who believe in the potential of Africa, My goal is to help the people become paret of a massive cyber middle class, but the BONUS will be the money we will be able to make off helping a billion humans around the world in poverty, Imagine all the money theyll make once theyre all well fed and housed and able to ork to thir full potential! It will be a massive win win

Thank you for support

hi i need support .....

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

  • Upvotes - Ranked 5 with 675 upvotes

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Thank you, just tried it for the first time, worked beautifully (-:

how do i cancel my delegation?

It is really done. @minnowbooster was help us to be master of steemit...hope one day all of us be success...#goodjob

that's good.

I sent you some steem for an upvote and i have received delegation. I pasted my URL in the memo area. I have no use for this at all, can you please cncel this and give me my upvote. !!!!!!! First time using the service.

I deligate some sp through @minnowbooster but even after completion of time it shows that my sp are delegated .So Can anyone please tell me that how to undeligate my sp . @minnowbooster

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