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RE: Boomerang update 1st of October 2017

in #steemit7 years ago

I did and article about @boomerang at https://steemit.com/steemit/@jaka87/best-way-to-earn-steem-by-delegating-sp. I just want to make sure that my facts are straight. I went trough whitepaper again. i would like to ask you to clarify two things. Im amusing SBD payout don't depends on the STEEM price, so the payout won't increase when the price of the Steem will increase, right ? I just saw that curation rewards (Steem) is distributed back to delegators. Did I understand this correctly.? If so then this bot kick's ass for real!

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Dear @jaka87,

we try to answer your questions:

Im amusing SBD payout don't depends on the STEEM price, so the payout won't increase when the price of the Steem will increase, right ?

If STEEM-BTC or STEEM-USD price increases, the Vote-Value of boomerang will increase, and then also the bids in SBD should increase.

I just saw that curation rewards (Steem) is distributed back to delegators. Did I understand this correctly.? If so then this bot kick's ass for real!

Curation Reward Distribution to our SP-Delegators will start in some weeks. As stated in the Whitepaper, boomerang was initially founded with 500 SP. Currently @boomerang is in power down mode with power-down target @boomerang-fund. As soon if @boomerang-fund achieves 500 SP (the initial invest), Curation Reward distribution will start.

If so then this bot kick's ass for real!

Yesterday during the DDOS against steemit.com, all big vote-bid bots were down, but we were up and voting, due to our own unique software :-)

Wow. This is really awesome. Some time ago I was playing with the idea to create my own bot but there is really no need for that because this one kick ass! Cant wait for my other delegations to stop so I can contribute more.