Hi guys, a neat update today, especially considering the bear market. In short - as an investor you can choose in which currency - STEEM or SBD - you want to receive the payouts in. Of course you can still receive both.
Now, the reason that @tipU pays to investors (SP delegators) in both currencies is because vote buyers use both to make payments. Those payments are then distributed to SP investors according to their share (no fees are taken by @tipU).
Recently I've made a simple trading bot that operates on the internal market and can automatically exchange any amount of one currency to the other (SBD <-> STEEM). It's still in testing, more about it here.
I figured out that some investors would like to receive the payments only in one currency so I've implemented the bot into the payouts system.
Setting In Which Currency You Want To Receive The Payout
As with all @tipU commands, simply send 0.001 SBD to @tipU with one of the following memos:
- pay in sbd - your next payouts will be paid only in SBD
- pay in steem - your next payouts will be paid only in STEEM
- pay in all - your next payouts will be paid in both concurrences (by default)
Payouts
So, for example, if you set you payouts to be paid in SBD, the SBD part of the payout will be paid normally and the STEEM part will be exchanged for SBD and than paid. Information about the exchange rate will be added at the end of the memo (basically it's the same as current rate on the internal market).
Please note that it works well with the auto-reinvest so only the non auto-reinvested part will be exchanged.
Use Cases
Things that come to my mind - you may want to receive the payouts only in SBD if you prefer more stable currency. Receiving payouts just in STEEM is a good option if you want to accumulate it, knowing it's price should go higher soon.
Other Commands
Here's the list of other commands that investors can use to interact with @tipU service:
- status - sends back information with investor's stats (amount of delegation, pending payout etc.)
- reinvest X - where X is any number between 0 and 100. Sets the percentage of income that will be auto-reinvested
- refund - sends back any SBD and STEEM that were invested or re-invested by the investor
- refund steem - refunds only the STEEM part
- refund sbd - refunds only the SBDpart
- payout - sends to investor any pending payout (normally the payouts are done every 24h)
To use the command, simply send 0.001 SBD to @tipu with the command in memo.
SWAP Bot
If you would like to exchange any amount of SBD to STEEM or vice versa, send SBD/STEEM to @tipU with memo: swap
I will make another post announcing this functionality later on, feel free to test it :)
wow,this is fantastic @tipu
That was an awesome improvement chosing best token.
steem or sbd think now guy's!😂
meep
they are coins man, not tokens
@tipu profit for 100 SP @cleverbot & @banjo you know?
Yesterday 100.0 STEEM POWER delegated or invested gave payout of:
0.003 SBD + 0.035 STEEM (0.03 USD), APR: 14.19% .
Delegation link: steemconnect 100.0 SP delegation to @tipu.
Please note the profit depends on STEEM price. The higher the STEEM price, the more SBD profit is being generated.Yesterday 100.0 STEEM POWER delegated or invested gave payout of:
0.003 SBD + 0.035 STEEM (0.03 USD), APR: 14.18% .
Delegation link: steemconnect 100.0 SP delegation to @tipu.
Please note the profit depends on STEEM price. The higher the STEEM price, the more SBD profit is being generated.Very good but now steem price drop and the profit is small.
What is your prediction for steem in next 5 years?
Steem is a good buy under 0.70$ ?
@tipu status
Hi @cryptos999! Here is your @tipU service user data:
@tipu profit for 6182 sp
Yesterday 6182.0 STEEM POWER delegated or invested gave payout of:
0.177 SBD + 2.639 STEEM (1.93 USD), APR: 17.05% .
Delegation link: steemconnect 6182.0 SP delegation to @tipu.
Please note the profit depends on STEEM price. The higher the STEEM price, the more SBD profit is being generated.This post is supported by $11.59 @tipU upvote funded by @cardboard :)
@tipU voting service guide | STEEM Monsters Lottery | For investors.
Some may like this but I've always been a SP guy all the way.
I'm new here and don't much knowledge about steemit. Can you help me for providing some info about it?
delegate 5sp
profit for 5 SP
@tipu reinvest 100
Hello @cardboard, Love the feature first of all, this will keep me from having to withdraw sbd just to transfer it to steem and then reinvest.
One weird thing when I did the 'pay in steem' command was that @tipu sent me an errant payout message. Block: https://steemdb.com/block/25775106 tx ID: 90356fc0dcbef4acfd9b744325d460c0621b4dd2
This message HAS to be for someone else because I don't even have 1kSP to delegate, plus I have reinvest on. It's not that concerning because a 'status' confirms my account seems to be correct, and I didn't receive this person's payout, only 0.001sbd. Just thought it was worth a heads up.
Also small typo in "(available optios:" missing the 'n' in the status update message.
Thanks for your work!
After a payout it still shows the SBD amount in the status, not sure if it converted.
When you have reinvest at 100%, @tipu still sends 0.001 SBD/STEEM to send the payout statistics. Combined with pay in STEEM or SBD it causes a little problem. Should be fixed now, when reinvest is at 100%, @tipU won't convert STEEM/SBD (don't have to since both of them are all reinvested).
That's weird, will check it out :) Probably only the memo was carried out from some other transfer (didn't get updatet).
Hi!
If i want to delegate 200sp, instead the currently 85 sp, which is the right "command"?
delegate 115 or delegate 200?
200 :)
Hi @cardboard !
I get this reply (second time, actually) from tipu, what is this?
You have used tip with ! command
Its for sending tips :) need to make new guide about it :)
Ahm, okay :D No problem, i was just curious :)
Hello @tipU
I have transmitted 0.54 steem for this post - https://steemit.com/eid/@itzzzsumon/eid-celebrations-with-lovely-fr-2018-8-0-12-0-23 but have not received any upvote. My payment is not back yet.
Hi - I can not find the transfer, can you tell me how many days ago it was made and from which account?
Sure @cardboard sir, six days ago. I've transferred - from the @itzzzsumon account. Hopefully, I get feedback very quickly.
Thank you.
Refund sent :)
Thank you so much. I got it sir @cardboard
@tipu status
Hi @niddumulu! Here is your @tipU service user data:
@tipu status
Hi @annepink! Here is your @tipU service user data:
tipu, I am a regular user of yours but recently, i had not been using your service. Why did your voting service became... Unprofitable? I don't know if youre aware of it but the ROI of your current service, excuse me for the word, it sucks right now. Please don't hate me coz of this comment, i am your supporter, i jsut want to express what I think about your service right now.Thank you.
Why do you think it sucks?:) Please note that STEEM is worth $0.75 now but the upvotes are still expressed in USD (well, almost since SBD is at $0.95).
Anyway, lately the demand for upvotes was far higher than supply so lowering the base ROI to 0% (still not negative) is a way to allow @tipu to work longer than 20 minutes a day :)
If the demand will be lower, the ROI will automatically start to go higher - you can check the current ROI on @tipu profile.
I compute the spent value and votes with a calculator, I check the votes you give recently by checking out your wallet. Its simple math, try doing it yourself. multiply the vote of tipu(check the memo on the wallet) by .75 then divide it by the current value of steem. then subtract the answer from that to the spent value. Youll get a negative value, promise.
Look at this for sample. This was a transaction made 2 hours ago.
Transfer 0.222 STEEM to stokjockey| @tipU upvote data for: Essayeur Fondeur Made In Switzerland United States Landmark Buildings On Silver Bars Serialized | payment used: 3.778 STEEM -> upvote value: $3.608 | refunding: 0.222 STEEM | additional 50% of @tipu curation reward goes to @stokjockey | good luck in today
s STEEM MONSTERS lottery! Yesterdays winner: @silver-hammer - congrats! :) PS. You can check current max upvote and upvote profit at @tipU profile: https://steemit.com/@tiputhe spent value is 3.778 steem, the vote was 3.608
3.608 x.75= 2.76
2.76 ÷ .76(not really the value of steem by the moment but lets assume that its .76 since its the lowest value shown today)= 3.58
see?
3.58-3.77=0.19
I lost .19 the only chance that I have to at least make that loss is to rely on the curation reward of 25 percent in the total post reward. Before, whenever I use this formula of solving ROI, I always get the right value of at least 10 percent, now, its negative. You know, tipu isnt the only voting service that has negative ROI like this, we have appreciator, buildawhale, jerrybannfield. I dont complain about it, I even appreciate that these services are there since it gives us options. But of course people would appreciate it more if there is a 10 percent ROI since it not only encourages people to stack steem and sbd it also forms as a safety net in the process specially in a bear market like this where a lot of bags are just being holded.
Hm, why do you multiplay the upvote value by 0.75 if @tipu message clearly states that 50% of curation coming from the upvote goes to the post author? Curation % depends on the moment of upvote and is not always 25%.
3.608 x (0.75 + 0.25/2) = 3.157
3.157 / 0.76 = 4.153
4.153 - 3.77 = 0.383
This looks like a positive ROI to me.
@tipu profit for 200 sp
Yesterday 200.0 STEEM POWER delegated or invested gave payout of:
0.017 SBD + 0.076 STEEM (0.07 USD), APR: 17.79% .
Delegation link: steemconnect 200.0 SP delegation to @tipu.
Please note the profit depends on STEEM price. The higher the STEEM price, the more SBD profit is being generated.@tipu status
Hi @mathiasian! Here is your @tipU service user data:
@tipu status
Hi @fw206! Here is your @tipU service user data:
@tipU refund
Please send 0.001 SBD to @tipu with memo: refund
If you have an investment.
How do I get back or at least vote with the deposit for sending tips of 1SBD?
Emm... If you made deposit with 1 SBD and want to receive it back, send 0.001 SBD to @tipu with memo: withdraw
Thanks, done and it worked, maybe you should add this command to the list above
But this is a command related to sending tips, not investing :)
@tipu help
@tipu profit for 2100 sp
Yesterday 2100.0 STEEM POWER delegated or invested gave payout of:
0.181 SBD + 0.798 STEEM (0.79 USD), APR: 17.74% .
Delegation link: steemconnect 2100.0 SP delegation to @tipu.
Please note the profit depends on STEEM price. The higher the STEEM price, the more SBD profit is being generated.@tipu status please
Hi @eveningart! Here is your @tipU service user data:
Hi @tipu - I think I've just made an error and managed to send you 2 steem as a deposit for using the tip and upvote service instead of SBD as I got a "thank you for your donation" reply. I thought I could use either, but guessing that's wrong? Thanks E x
Refunded :)
Thanks so much! Sorry for the mistake x
No problem :)
Excellent content @tipu very good information
Hello @tipu. I have few question
Thanks.
@tipu profit for 1100 SP
Yesterday 1100.0 STEEM POWER delegated or invested gave payout of:
0.031 SBD + 0.388 STEEM (0.32 USD), APR: 14.16% .
Delegation link: steemconnect 1100.0 SP delegation to @tipu.
Please note the profit depends on STEEM price. The higher the STEEM price, the more SBD profit is being generated.Hello tipu, i'm a new user of steemit. Can u pls guide me how can i increase my reputation and how can i invest in steemit. Also will u pls advise me how can i delegate ? Eagerly waiting for ur advise.
Please use those questions in google, for example:
http://lmgtfy.com/?q=steemit+how+to+increase+reputation
😂
Also @tipu help
@tipu profit for 2800 SP
Yesterday 2800.0 STEEM POWER delegated or invested gave payout of:
0.078 SBD + 0.988 STEEM (0.82 USD), APR: 14.2% .
Delegation link: steemconnect 2800.0 SP delegation to @tipu.
Please note the profit depends on STEEM price. The higher the STEEM price, the more SBD profit is being generated.@tipu profit for 100 sp
Yesterday 100.0 STEEM POWER delegated or invested gave payout of:
0.003 SBD + 0.035 STEEM (0.03 USD), APR: 14.19% .
Delegation link: steemconnect 100.0 SP delegation to @tipu.
Please note the profit depends on STEEM price. The higher the STEEM price, the more SBD profit is being generated.You just planted 0.02 tree(s)!
Thanks to @tipu
We have planted already 3451.79 trees
out of 1,000,000
Let's save and restore Abongphen Highland Forest
in Cameroonian village Kedjom-Keku!
Plant trees with @treeplanter and get paid for it!
My Steem Power = 39478.37
Thanks a lot!
@martin.mikes coordinator of @kedjom-keku
@tipu help
I want to delegate 10000 SP to @tipu
Hi @delorean1985! Special squad of highly trained hamsters prepared this delegation link for you:
steemconnect 10000.0 SP delegation to @tipu.
@tipu status
Hi @khimgoh! Here is your @tipU service user data:
@tipu help
I want to delegate 100 SP to @tipu
Hi @successforall! Special squad of highly trained hamsters prepared this delegation link for you:
steemconnect 100.0 SP delegation to @tipu.
@tipu profit for 15 steem
Yesterday 15.0 STEEM POWER delegated or invested gave payout of:
0.001 SBD + 0.006 STEEM (0.01 USD), APR: 18.39% .
Delegation link: steemconnect 15.0 SP delegation to @tipu.
Please note the profit depends on STEEM price. The higher the STEEM price, the more SBD profit is being generated.@tipu invest
@tipu status
Hi @boembap! Here is your @tipU service user data:
I want to delegate all SP to @tipu
You need to specify the number :)