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? | Currency | Advantages |
|---|---|---|
| Buy upvote | SBD | Earn an instant return |
| Lease SP from market | STEEM | Increase your vote strength and curation rewards |
| Delegate SP to market | STEEM POWER | Earn daily STEEM dividends |
| Invest STEEM in MinnowBooster | STEEM | Earn daily SBD dividends |
| Delegate SP to MinnowBooster | STEEM POWER | Earn daily SBD dividends |
Read the full-featured how-to guide here:
@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:
| Parameter | Value | Remarks |
|---|---|---|
| Minimum Upvote | 1 SBD | Minimum SBD you can send |
| Upvote comments? | NO | |
| Profit at 100% VP | 3 times | Check VP at steemnow.com |
| Daily Limit | 5.0 SBD | Maximum you can send in 24h |
| Weekly Limit | 5.0 SBD | 7 day maximum |
| Minimum SP Lease | 1 STEEM | |
| 1-3 Week Lease | 1 STEEM/75SP | Price per week/Lease size |
| 4-24 week Lease | 1 STEEM/150SP | Price 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!
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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.