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RE: Introducing @powerbot - a simple delegation service (Trial Run #1)

in #steem-project7 years ago

Cool service. Will you consider investors?
The price isn't on the high end for short leases.

On a 14 day lease, MinnowBooster is 2 STEEM for 75 SP. That 2 STEEM from powerbot gets 100 SP for 14 days - that's 25 SP more.
MB's 150 rate doesn't kick in until leases are 4 weeks or more. 4 STEEM on MB gets 150 SP for four weeks. 4 STEEM on PB (as two back to back 14 day leases) gives 100 SP for four weeks.

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I'm definitely evaluating the options when it comes to where the service is heading. I'm not sure I need investment at this point for my work, but I do want to explore how the service could expand to beyond my limited SP holdings and potentially allow others to participate as SP providers.

I think that two back to back leases would just increase the delegation amount for the same 14 day period. Not double the lease time. Unless you waited the 14 days to do the second lease.

Correct for @powerbot, you'd have to initiate a new lease after the 14 days, or it would just create a new delegation.

In the final design I do plan on letting you renew leases, and it will involve sending a special memo along with the transfer, telling the bot to extend a lease rather than create a new one.

back to back

I hoped this was clear I meant waiting 14 days to do the second lease.