.png)
For the past year or so Qurator has been using TIERS to determine each upvote. The tiers started a long time ago and they worked pretty well back then but with so many changes on Steemit and the members ever growing we thought it is time to make a change to a system that is much simpler. HF20 also played a role and we can now do things that were not possible in the past.
We would like to get some feedback from our members before we change anything. The new system will have simplicity in mind and will hopefully make it easier to get the maximum value out of your Qurator membership.
Goodbye Tiers, Hello Multipliers.
The short version
- No more Tiers
- Move to a Multiplier system where you get an upvote worth 10 times more than the SP you delegate
- Supporting Qurator with upvotes/delegation will let your MULTIPLIER grow to a maximum of 12 times
- Less admin concerning your Tier
- Delegate what you can afford and reap the rewards while supporting the community
- Bonus rewards for Delegators
The longer version
- The MULTIPLIER
Everyone Starts on a MULTIPLIER of 10
Current members
Delegating 1 - 4 999SP start with 10
Delegating 5 000 - 9 999SP start with 11
Delegations above 10 000SP start with 12
New members
Delegating 1 - 4 999SP start with 10
Delegating 5 000 - 9 999SP start with 10
Delegations above 10 000SP start with 10
Upvotes from Q cannot exceed 100%, so take a look at Q's SP and divide by 10 to find out the max delegation
What does this MULTIPLIER mean?
Delegation of 100 = 1000SP upvote.
Delegate 10 SP = 100 SP upvote
Similar to an upvote from an account with 1000SP
If you can't or don't want to delegate
Minnow support (old T1 and T2) is now a single SP boost system.
Upvoting Qurator posts up to $0.35 per week = a return of 1:1.1
below 0.35 but 100% = 1:1.1
Upvote 0.35 per week and get 0.385 in return
Have a small account and upvoting at 100% will result in Qurator upvoting you with a minimum of $0.03
These are some of the changes we are thinking of to replace the current TIER system.
The main reason is to promote growth for both members and the project while also giving members the choice of upvoting/delegating. No more difficulty in working out your tier and your Multiplier, as well as your accumelated UPVOTE SP, can be viewed in Discord.
Long-term supporters will benefit more since they support more.
We would love to hear your thoughts, concerns, and ideas regarding this system.
Seems to make good sense to me
Delegate 10 to get 100, 100 to get 1,000 with the 10 multiplier so 200 gets you 2k and so on, 250 gets you an upvote of SP 2,500, correct?
Sorry if I’m repeating questions. Ok, that was a lie, I’m not really sorry! If it’s as simple as that then I understand it better before its implementation than I do the current tier system which I’ve been a member of now for awhile.
Could you give me an example, in numbers please, for one of the examples I used? Say the person delegating 250 SP, their daily upvote from @quator (I’m pretty sure) will be at 2500 SP. What happens when that person Upvotes qurator once at .05 cents/day?
Thank you!
On that example the 2500 SP upvote on steemnow results in a 0.12 upvote. If you also upvote at 0.05 cents a day the final upvote to you would be 0.175
Thanks for all the hard work you guys!
Actually, while I’ve got you, would two .025 votes/day be the same as one .05 vote per day? Can we stack Upvotes like that? Thank you!
We will still tally the upvotes once per week and /7 to get an average to allow people to upvote whenever they want.
So the total over all 21 posts may be 0.7 which would mean 0.1 per day. The upvotes returned will only be 0.055 though as it is capped
I'm in favor of this switch. People just need to understand that, just as before, you can participate as much or as little as you want. The more you participate, the bigger your reward.
Changes that make it more simplistic for the community to grow and benefit is always a great idea. Could you also add an example of someone who both delegates and upvotes during the week? Thanks!
The delegation and upvote will stack. This means that if someone delegates a 100 SP and upvotes for 0.05 he will get the total of 1000 SP upvote every day and 0.055 upvote (1000 SP upvote + 0.055 upvote = 0.105 upvote)
Got it! Thanks! Simple and straightforward; makes sense! Thanks for discussing your thoughts!
Looks very simpler in comparison to the tiers one...if i understood it correctly of i delegate 100 sp the i will get 1000 sp worth of upvotes per day....so finally it depends on what you delegating. There is no more tiers or daily upvotes requird....also it help @qurator to increase the sp holding due to more delegation.....correct me if i am wrong......thats sounds a good deal
Posted using Partiko Android
That is right, this simplifies the system
That is good thing but what if someone not want to delegate and they will vote 0.05 daily to qurator and what about competition as how it will effect to it?
They will get 0.055 back. When you win competitions, it is a delegation boost. So we assign some of our leased SP to you and you get an upvote based on how much is assigned to you
This would certainly make it simpler. It took me a couple of months to figure out what my upvotes were going to be because the tier system is so complicated. This would make is much easier to understand, especially for newbies.
That is what we were hoping for
Won't there be subscriptions anymore?
We will keep the subscriptions on a similar system to the upvotes, where we calculate a profitable rate and stack on top of whatever you have.
We will be monitoring the account VP. If it drops too much we may reduce subscription prices as in the past
It's actually a great copy of my service: https://busy.org/@delabo/delabo-delegation-based-upvote-service released some weeks ago. I'm wondering if you got the idea from that.. but hey, you're welcome!
Actually the initial inspiration for this was smartvote. So I guess you should congratulate smartvote as well for the idea
To move onto the other parts,
sponsoring others was already a part of qurator
the multiplier on the upvotes was embedded in the tiers, we just separated it out
we had a curation trail since the beginning
the multiplier growth is Q's idea. In this ecosystem some similarities are inevitable
Maybe example would help.
Lets say I delegate 100 SP.
I post 4 times per week.
What would be my upvote from qurator?
0.05 on each of the 4 posts
Thanks
Posted using Partiko Android
Is this saying we need to delegate 5000 sp at the lowest???
"Delegating 5 000-9 999SP start with 11"
I do not know too many people that have that much in the first place!
Updated: You can delegate whatever you can afford. Delegating 1- 4 999SP start with a multiplier of 10.
So is the minimum 1? or 1000? I am not sure I understand this. So sorry!
The minimum is whatever you want it to be:
Delegating 1SP will give you a 10SP upvote
Delegating 123SP will give you a 1230SP upvote
Delegating 1000SP will give you a 10000SP upvote
Delegating 2000SP will give you a 20000SP upvote
To see the potential upvote type the amount in steemnow and see what you will get.
We want to give people the freedom to delegate what they can.
Upvotes will also give more.
Ah! I see. Thank you so much for the help in understanding. I will partake as best I can :)
5,000 is the min delegation for this multiplier?
Now you can delegate whatever you want.
Min 10SP to enable your Multiplier of 10 times what you delegate.
That seems to mean we no longer pay to go on tier 1 and 2 as they won't exist any more.
It's hard for me to understand this proposal as I have only recently joined and am just beginning to understand the tier system.
Does it mean you will accept delegations lower than 100SP? If so that sounds good to me. It would let people like me afford to delegate some funds more quickly than at present.
Otherwise, I think the upvote I will get under the new system sounds a lot lower than at present.
Looking forward to seeing some feedback from members who understand it better than me.
We will accept delegations lower than 100 SP, we have been thinking of making the lowest delegation around 10 SP as a suggested minimum. The upvote under the new system is either the same or higher. It is much better for minnows as the lowest vote you could get is 0.03 SBD
Okay, that sounds reasonable. It won't lower our voting power too much to delegate in small steps like 10 SP as we can afford it.
Voting power is low for many of us. Votes are less value than 0.05.
We realise that, that is why we are trying to keep the 100% upvote support for the minnows. The votes are generally worth about 0.001 and we give 0.03 back. We know this is especially appreciated by those with very little
Thank you.
soooo.... I delegate about 300SP at the moment.. does that mean I get a vote that is worth 3000SP on the base mutliplier? and I upvote every qurator post, how does that affect my multiplier? how does the multiplier increase? weekly, daily?
thanks :)
I wrote the reply quickly but to answer each of your questions.
General comments: The multiplier increases passively every day, it is qurator giving back some of the curation rewards obtained from using your SP and is permanent. We expect the largest boost will come from delegations.
Also if you build up a multiplier with 300 SP and then increase to 400 SP, the multiplier will drop slightly, because the multiplier was built up using curation rewards from the 300 SP. The reverse applies if you delegated 400 SP and decrease to 300 your multiplier will increase. This is also to stop bad actors from building up a high multiplier by delegating 1 SP and later adding a 1000 SP.
Thanks, that makes a lot more sense to me now. I appreciate you taking the time to answer my questions :)
The multiplier increases daily, but it will increase very slowly. We have been playing with the finances and 8% per year looks to make financial sense. The growth will really help long term delegators. It is better to work with the base 10 multiplier in the short term.
There will be increases to the multiplier if you exceed the 0.05 SBD, but the lion share of increases will come from delegations
I haven't understood from the post if upvotes for qurator posts still matter for the multiplier or not, if one has already delegated to the project (if they still compound).
Correct me if I'm wrong, at 300 SP delegated (10 multiplier) and current STEEM price the vote would be around $0.14. My vote from qurator yesterday was $0.20.
The upvote on posts still matter. If you delegate 300 SP and upvote at 0.05, you will get 0.195
OK, now it's clear!
More on an Upvote sounds good to me.
Thank you, the transparency and simplicity is what we were looking for
You are always looking out for what is best for us so whatever you decide is good for me. Simple is better for me too.
We appreciate your trust in us
I think this system will be very simple and more lucrative for members!
Thank you we appreciate the support
The system looks simple, more scalable than previous and promising. I support this change.
Thank you we appreciate the support
I think this is a good change if we don't end up with less in upvotes. I have been waiting for accumulating another full 500 SP going to the next level, it seems that I can just not worry about that.
We are trying to keep the upvotes on par with the current tier system. Yep, now you can delegate any amount and the multiplier will kick in. =)
I think the only concern I have is for newer Steemians who have lower SP count and in regards to the delegation part of the system, makes it not viable. Because of RCs and all that. Won't want to take away or reduce their engagement limit since they can only engage so much in a day.
Fear not, we always think of our minnows. Yes, they can not delegate now, but they can upvote. For those who choose to take part will still get their $0.03 minimum upvote, if they choose to send Qurator 100% upvotes.
Hi @qurator!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 6.647 which ranks you at #123 across all Steem accounts.
Your rank has improved 1 places in the last three days (old rank 124).
In our last Algorithmic Curation Round, consisting of 253 contributions, your post is ranked at #6.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server
What for Tier 0?
tier 0 will remain what it is , as we promised lifetime support
Thanks.
How does this change in the system impact the other accounts associated with @qurator? I'm thinking about the @qurator-tier-0 and @qurator-tier-1-2 accounts.
Will those two accounts now be delegating their SP to the main @qurator account which will be up-voting all members or are they still remaining separate? I'm just a bit confused about how exactly that aspect will work.
The tier 0 account will continue the support promised. Qurator tier 1-2 will will have its SP moved to main Q. QT12 will still provide a stat post every day to allow people to stack more upvotes for the 1.1 : 1 upvotes
I really like the simplicity and predictability of the new system. I think @qurator’s members are going to benefit from this change. I’m in favour!
Will you still vet accounts before you accept delegations are will you accept delegations from everyone even spam and a shit accounts? I like the fact Qurator focus on quality now
No, this is just a new system to simplify the tiers, everyone still needs to get vetted
Good to hear that
Sounds easier to manage, keep it simple and assist others, change is as good as a holiday.
Might be an interesting idea to give minnows and those who can't afford to delegate a bit more of a boost, should they delegate 100% to each Qurator post in a week. Right now , keep in mind, that newbies (really just starting out) have an extremely small amount of RC to do ANYTHING with. I'm actually only able to do everything I do because I was awarded some delegations from contests. SP is EVERYTHING right now because of HF20. Help them more and I'm sure they will be willing to help you more.
look a lot simple .
It sounds good to me! Simpler than current.
NB the upvote rewards don't look very appealing!
Posted using Partiko Android