Guide: How to delegate to smartsteem and earn profit-shares

smartsteem_thumb_delegate.png

By delegating to smartsteem - you earn profit on the votes made through our bid-bot. We pay out 90% of the profits to our sponsors proportional to the delegated amount / total delegations. the amount can be lower right now due to the bid-bot being newly released and not yet listed on the bottracker

Some of you guys have already delegated but we had a few cases where the delegation model was misunderstood and delegations were cancelled with the goal to increase them afterwards. Sadly, this is not how delegations work on steem.

How to delegate to smartsteem

Step 1. Go to our Sponsors page

It all starts on our sponsors page with a click on the Delegate button. This will open up a window that looks like this:

YOUR NAME: In this field you need to put in your steem account.

DELEGATION STEEMPOWER: And here, you need to put in the amount of steempower you want to delegate.

There are two important delegation rules you have to understand

1.) There is always only 1(!) delegation active at a time on steem from delegator to delgatee. Which means: if you delegate 100 steempower to smartsteem - and after a while you want to delegate another one. Then you can't simply delegate another 100 steempower.

You should also not (!) cancel the delegation - by sending 0 steempower - and then sending 200 steempower. If you have enough steempower - you would delegate another 200. But the first 100 steempower will be stuck for 7 days.

This brings me to the second point:

2.) All delegations - after they are cancelled will be stuck for 7 days. This is a security measure implented by steem directly. So you have to keep that in mind.

To recap in simple words

If you want to increase the amount you delegated - simply add the amount you have already delegated with the amount you want to delegate => total delegation. Enter this number in the field and then click on delegate.

If you have 100 steempower delegated but want to delegate 200 steempower more - then enter 300.
If you have 500 steempower delegated but only want to delegate 100 from now on - then enter 100.
If you want to cancel all delegation to smartsteem - then enter 0.


Also, keep in mind that we offer both vote-selling through @smartmarket as delegation. You can decide for yourself what you want to invest in.


What does smartsteem offer?

Our amazing Sponsors:

@xeldal - 20.300 SP
@therealwolf - 15.500 SP
@motoengineer - 3.000 SP
@lires - 250 SP
@tipu - 100 SP
@doinglean - 250 SP
@felander - 100 SP
@vidafitnessveliz - 50 SP
@detlev - 50 SP
@yogesssh - 50 SP
@plushzilla - 25 SP
@abdelhamidtsouli - 10 SP
@here-could-be-your-name

Who is behind smartsteem:

@therealwolf
@artbunny

Join us on discord

If you have any questions, feedback, want to collaborate with us or something else you want to tell us - come and join our discord! :)

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