Actifit Weekly: 495,000 AFIT to be burnt October 25. FitOctober Bring in Fitbit Users Contest. STEEM AFIT & Witness Status. Daily Updates
More than 495,000 AFIT to be burnt October 25
Following our last month AFIT tokens burn, which took place on September 25 and resulted in 1,380,391 AFIT tokens being burnt,
This coming Friday October 25 2019, we will also be performing another burn on our AFIT tokens being held under @actifit.s-e account.
Till today, the total amount held in the account amounts to 495,482 AFIT.
A couple of clarifying notes on AFIT token burn event:
- The event does not affect your own tokens in any way possible, whether the ones available on S-E or on your actifit wallet.
- Burning is a measure taken by many projects, the purpose of which is to limit the circulating supply of a token, which normally reflects positively on the token price based on scarcity and demand.
FitOctober - "Bring in Fitbit Users" Contest
We are three weeks through October, and if you're not aware, we are running throughout October our FitOctober campaign to bring Fitbit users to Actifit community, and Steem community at large.
The competition is running for a month, during the whole month of October. The mission is to let any Fitbit user you know (or don't know) about how they can auto-leverage their Fitbit to tap into crypto, join fitness oriented crypto community, and get rewarded for being healthy.
Competition Rules & Rewards
- Signup the new Fitbit user for free via your referral link (you need to login to find it) while using the promo code FITOCTOBER on the signup page.
- For every Fitbit user you sign up and who creates at least 2 activity reports, you will be rewarded with 10 STEEM + 100 AFIT reward. The Fitbit user will also receive an extra reward for his reports amounting to 100 AFIT after his second report during the contest time.
- The rewards will apply to the first 100 Fitbit users to reach this milestone (max rewards 1,000 STEEM + 20,000 AFIT)
- Rewards will be distributed at the end of the competition.
Social Media Promotion
To give the competition a bit more hype, we want to start pushing #FitOctober #Actifit & #Steem on social media during the contest!
For every tweet or post you make on social media with the relevant tags, you will be rewarded with 10 AFIT tokens. To be eligible, please post your link on discord under the #fitoctober-media channel.
AFIT Token Stats & STEEM Payouts
During last week, our actifitters and delegators piled up more tokens. To date, Actifit has distributed more than 51+ Million AFIT tokens, to 54K+ token holders and 167K+ reported activity.
We also sent out today our weekly STEEM delegators share, which went out to 589 active delegators, with a total amount of 245.024 STEEM.
P.S.: STEEM amount includes both SP and STEEM rewards for delegators, whereby each delegator receives liquid STEEM as a total for both amounts.
Back to AFIT tokens. As per our weekly approach, you can check out our top 100 AFIT token holders below, which is also available on your actifit wallet screen
Please note that amount below DOES NOT include liquid AFIT tokens, available on steem-engine.
Keep in mind that you can check your AFIT token balance by visiting actifit.io or via our mobile app Android or iOS.
| # | Token Holder | AFIT Tokens Held |
|---|---|---|
| 1 | @freedom | 4,642,125.615 |
| 2 | @goodnewworld | 2,820,318.048 |
| 3 | @julialee66 | 2,727,190.916 |
| 4 | @fitat40 | 2,140,385.410 |
| 5 | @chairmanlee | 1,546,531.807 |
| 6 | @humanearl | 1,201,737.603 |
| 7 | @selfvotejustice | 1,086,267.349 |
| 8 | @trumpman | 921,122.302 |
| 9 | @onealfa | 843,670.792 |
| 10 | @mobbs | 838,058.421 |
| 11 | @fedesox | 816,397.599 |
| 12 | @cryptomancer | 774,235.628 |
| 13 | @sepracore | 702,733.180 |
| 14 | @rosatravels | 686,649.610 |
| 15 | @elfman2018 | 661,650.653 |
| 16 | @flauwy-run | 549,281.021 |
| 17 | @wil.metcalfe | 513,405.107 |
| 18 | @justtryme90 | 488,626.086 |
| 19 | @cryptoeera | 435,093.761 |
| 20 | @supergiant | 392,563.348 |
| 21 | @pjansen | 379,122.260 |
| 22 | @taskmaster4450 | 371,471.620 |
| 23 | @oldtimer | 359,245.695 |
| 24 | @ervin-lemark | 353,770.856 |
| 25 | @kaylinart | 342,217.169 |
| 26 | @jasonshick | 313,701.393 |
| 27 | @j85063 | 312,738.414 |
| 28 | @michelios | 307,665.264 |
| 29 | @onetin84 | 290,639.242 |
| 30 | @ruth-girl | 273,215.033 |
| 31 | @organduo | 272,387.000 |
| 32 | @dmoons.kim | 252,998.697 |
| 33 | @toocurious | 245,382.820 |
| 34 | @pault70 | 240,171.834 |
| 35 | @roger5120 | 235,548.114 |
| 36 | @holbein81 | 225,857.795 |
| 37 | @tangerinetravels | 213,768.293 |
| 38 | @lightsplasher | 208,631.341 |
| 39 | @steemchoose | 206,513.506 |
| 40 | @michealb | 189,501.322 |
| 41 | @roknavy | 182,064.435 |
| 42 | @axeman | 174,910.970 |
| 43 | @shellyduncan | 172,318.110 |
| 44 | @lexilee | 168,256.974 |
| 45 | @cool191 | 158,956.638 |
| 46 | @kasarwal | 154,079.111 |
| 47 | @quitterer | 153,726.191 |
| 48 | @davedickeyyall | 151,932.417 |
| 49 | @supersoju | 149,591.036 |
| 50 | @extremejogging | 147,580.102 |
| 51 | @beachready | 140,967.925 |
| 52 | @egotheist | 140,625.174 |
| 53 | @runridefly | 139,597.913 |
| 54 | @actifit-peter | 136,104.260 |
| 55 | @biophil | 133,547.461 |
| 56 | @dr-frankenstein | 133,509.616 |
| 57 | @moderndayhippie | 132,015.487 |
| 58 | @thing-2 | 124,492.153 |
| 59 | @rhanna10km | 124,054.545 |
| 60 | @direwolf | 121,688.211 |
| 61 | @buckydurddle | 119,615.248 |
| 62 | @rehan12 | 118,860.393 |
| 63 | @elementm | 117,167.291 |
| 64 | @shanibeer | 115,953.659 |
| 65 | @furious-one | 115,313.213 |
| 66 | @karamyog | 113,732.160 |
| 67 | @wolf09 | 111,986.003 |
| 68 | @trevonjb | 109,663.978 |
| 69 | @acidzapps | 107,500.728 |
| 70 | @abigail-dantes | 99,745.790 |
| 71 | @sirknight | 98,948.912 |
| 72 | @forhappywomen | 96,831.337 |
| 73 | @immarojas | 96,733.442 |
| 74 | @dylanhobalart | 94,430.639 |
| 75 | @seareader1 | 93,508.076 |
| 76 | @liberyworms | 92,856.292 |
| 77 | @plokmi | 92,199.784 |
| 78 | @kenny-crane | 91,855.303 |
| 79 | @edgarsart | 91,410.687 |
| 80 | @jznsamuel | 90,789.760 |
| 81 | @drakos | 87,211.443 |
| 82 | @rabihfarhat | 86,688.485 |
| 83 | @gattino | 86,374.122 |
| 84 | @niallon11 | 85,718.305 |
| 85 | @syedumair | 84,371.969 |
| 86 | @georgemales | 83,344.196 |
| 87 | @fotogruppemunich | 83,263.262 |
| 88 | @sunray | 82,273.863 |
| 89 | @dandesign86 | 81,875.464 |
| 90 | @eftnow | 79,940.395 |
| 91 | @happy33 | 78,080.253 |
| 92 | @thereikiforest | 77,725.412 |
| 93 | @infidel1258 | 76,498.994 |
| 94 | @arabsteem | 75,564.555 |
| 95 | @glory7 | 74,771.267 |
| 96 | @browery | 71,361.353 |
| 97 | @benl324 | 70,933.206 |
| 98 | @myjourney | 70,828.251 |
| 99 | @ervinneb | 70,783.111 |
| 100 | @cryptospa | 68,341.995 |
We are also including in our report the top 50 AFITX holders! As you're aware holding AFITX tokens provides a multitude of benefits, including:
- Increasing your user rank for every token held, hence increasing your post token reward
- Enabling transitioning AFIT tokens from your wallet to S-E
- Taking part in contests
- Top 25 AFITX holders get the priority treatment for exchanging AFIT for Steem upvotes.
This listing below is also accessible on your actifit wallet
Witness Status
There were no noteworthy issues during last week. Our witness server continues to run smoothly. Below are some relevant stats:
- Our witness rank increased to 24 as both actual and active rank.
- We received votes from 1,391 steemians. Thank you for the increased support!
- We had no missed blocks during last week.
- We are witnessing an average of 44 blocks per day.
To vote for our witness, use this direct link
Or visit Steemit's witnesses page, scroll down to Actifit, and click the small upvote arrow.
To learn more about Why you should vote for Actifit, and why voting for our witness is great for Steem, check out this blog
Top Daily Actifitters
Our latest voting rounds included 631 rewarded reports.
Below are the top 20 actifitters from this round. Well done guys !!
| Rank | Actifit Member | User Rank | Activity Count | AFITs Rewarded | @actifit Upvote | Post Link |
|---|---|---|---|---|---|---|
| #1 | @roger5120 | 82.76 | 27880 | 91.69 Tokens | 21.37% | post |
| #2 | @runridefly | 81.00 | 11046 | 87.25 Tokens | 21.31% | post |
| #3 | @actifit-peter | 71.30 | 13455 | 86.825 Tokens | 22.03% | post |
| #4 | @actifit-peter | 50.30 | 10580 | 83.575 Tokens | 21.26% | post |
| #5 | @pjansen | 65.25 | 11052 | 83.3125 Tokens | 22.25% | post |
| #6 | @pjansen | 65.25 | 12023 | 83.3125 Tokens | 21.98% | post |
| #7 | @msearles | 36.22 | 5715 | 83.11 Tokens | 1.16% | post* |
| #8 | @practicaleric | 54.50 | 30162 | 82.625 Tokens | 1.14% | post |
| #9 | @silvertop | 67.79 | 17650 | 81.9475 Tokens | 21.24% | post |
| #10 | @practicaleric | 54.50 | 17259 | 80.625 Tokens | 1.12% | post |
| #11 | @flaxz | 46.30 | 13033 | 80.575 Tokens | 1.12% | post |
| #12 | @blueeyes8960 | 61.47 | 12534 | 80.3675 Tokens | 21.21% | post |
| #13 | @elizabethbit | 67.79 | 17096 | 79.9475 Tokens | 21.21% | post |
| #14 | @tattoodjay | 55.56 | 10675 | 78.89 Tokens | 21.19% | post |
| #15 | @roger5120 | 82.76 | 21485 | 77.69 Tokens | 21.9% | post |
| #16 | @bucipuci | 46.16 | 18112 | 77.04 Tokens | 1.07% | post |
| #17 | @tattoodjay | 55.56 | 10602 | 76.89 Tokens | 21.89% | post |
| #18 | @flaxz | 46.30 | 15498 | 76.575 Tokens | 1.05% | post |
| #19 | @erikahfit | 51.00 | 13647 | 76.25 Tokens | 1.05% | post |
| #20 | @wenchebakken | 44.84 | 16189 | 76.21 Tokens | 1.06% | post |
A kind reminder to all actifitters: some versions of esteem app still cause issues when used to edit your reports, via removing essential info Actifit uses to identify proper reports. This prevents related reports from receiving rewards.
Until this issue is officially fixed via the esteem team, we advise that you use other Steem interfaces for editing, including our own actifit.io, steemit, busy or others.
Doubled UP Rewarded Actifitters
Today's Random Double Up Reward went to @msearles & @nuralishaikh!
This lead to doubling up the AFIT token rewards and the STEEM upvote value.
Congrats! & Don't forget to claim your "Lucky Doubled Up" badge on your actifit.io profile page.
| Rank | Actifit Member | User Rank | Activity Count | AFITs Rewarded | @actifit Upvote | Post Link |
|---|---|---|---|---|---|---|
| #7 | @msearles | 36.22 | 5715 | 83.11 Tokens | 1.16% | post* |
| #183 | @nuralishaikh | 27.00 | 5377 | 51.5 Tokens | 0.71% | post* |
Will your rewards get doubled UP tomorrow? :)
Our Newest Actifitters
During the last voting round, we were happy to welcome the below new actifitters, joining more than 4,000 unique users who had posted an actifit report.
Our recent joiners are: @nathanm and @space-com.
Feel free to check out their recent reports and welcome them to the Actifit community!
Delegation Status
Actifit continues to receive amazing support by the community. We would like to extend our thanks to everyone who is continuously supporting Actifit.
Below is the recent delegation updates' list:
@flaxz(104 SP)
@uyobong(250 SP)
@rajib2k5(500 SP)
@boddhistats(480 SP)
@mrhill(30 SP)
@zelenicic(100 SP)
@emergehealthier(506 SP)
@elizabethbit(500 SP)
@silvertop(500 SP)
Thank you to all delegators for the wonderful support! To see the list of all our delegators, check out actifit.io/delegators
The amount of delegated SP has a large influence over not only the daily/weekly delegation reward, but also on the amount of rewards the actifitter receives on daily reports, as it constitutes a key element in User Rank.
Which is why being an Actifit delegator now has more influence on your rewards, coupled with number of AFIT tokens and other factors highlighted before.
Delegators share a max cap of 100K AFIT tokens according to their delegation amount, and also earn a 5% beneficiary reward from actifit posts' beneficiary earnings.
We are appreciative of more delegations to be able to better award actifitters and support our project, so thank you for doing that !
When you are looking to increase your delegation, you need to use the new total amount as the delegation amount, and not only the increased amount. Otherwise only the new amount will be used, and the remaining amount will be undelegated.
@actifit Team
To delegate to Actifit, you can use any of the following links:
10SP, 20SP, 30SP, 50SP, 100SP, 250SP, 500SP, 1,000SP, 5,000SP, 10,000SP, 20,000SP, Custom Amount
Make sure you have at least 15 SP left on your account.
Our Top Delegators
An additional big thank you to some of our top supporters
Our wonderful ambassadors
Our amazing moderators
Haven't downloaded Actifit yet? download it from the playstore or from the app store and start your journey to fitness and rewards!
@actifit team
Great work and thanks a lot for the mention and support, keep it up and stay awesome.
Wonderful update. I ❤️ actifit
Your balance is below $0.3. Your account is running low and should be replenished. You have roughly 10 more @dustsweeper votes. Check out the Dustsweeper FAQ here: https://steemit.com/dustsweeper/@dustsweeper/dustsweeper-faq
Almost 2M tokens burnt in the last two months with only 51M out there...that is a significant amount.
That has a serious impact on the present supply.
I doubt if it gives the required effect as the #Burn intiative is supposed to... Burning is expected to increase the price of the token... Thus, you need to come up with a burn strategy which sees you purchase the tokens from the market with Steem and burn.
That way, there's an effect no matter how small on the price.
You send out weekly payouts to delegators... I for one would wish you use those weekly payments or half of them to perform a burn every week or twice a month.
That way, there's a bigger interest in the Actifit project and token as well. It's a win win for everyone, I believe.
@mcfarhat | @alfamano | @alokkumar121 | @ashikstd | @ciuoto | @ckole | @katerinaramm | @priyanarc | @rabihfarhat | @pjansen | @thereikiforest | @vishalsingh4997 | @sumit71428 | @silvertop | @elizabethbit
I agree with this as well. A little buy pressure makes a big difference on the price. Buying 1000 Steem a month worth of AFIT off Steem-engine and burning it would make a huge difference in price.
I have been wondering were the tokens are coming from for the burn sounds like they are not being bought off the market. Buying them off the market is the only way to drive any real benefit as this helps to lift the value.
Posted using Partiko Android
Exactly. I think they are just burning tokens from their own coffers but since they are never on the market in the first place it doesn’t have a direct impact on price. If I understand it correctly.
Thanks @sepracore @j85063 for your feedback.
The tokens being burnt are actually ones stored at actifit.s-e account on steem-engine, which the users decided to move over to their actifit.io wallet. Of course the user's tokens are intact, since they are now on acitifit.io wallet.
So the tokens being burnt could have been initially bought on steem-engine, or moved over from actifit.io wallet.
We are definitely happy to receive further suggestions on burning tokens as we've been discussing few of our own, and as i responded to @curtwriter that we find his suggestion as a positive one and worthy of discussion.
@mcfarhat If I understand correctly tokens that are moved from someone's Steem-engine acc to there actifit wallet don't actually leave Steem-engine and go to actifit's Steem-engine account? And you just credit there actifit account with equivalent AFITS is that correct? Still these tokens that are getting burned are not bought off Steem-engine the one's actually put up for sale. It's these ones that are for sale on the market that need to be bought and burned I believe to have any effect to increase the value of the AFIT tokens. Even if only 1 or 2 thousand AFITS were bought and burned would I think have a far bigger impact then burning 100,000+ tokens that are not listed for sale.
Posted using Partiko Android
Yes they are exactly moved as you mentioned. But how did the users acquire those tokens initially? mostly by buying them (or moving them from actifit wallet and then they needed to send them back), so they do help i believe to cut down real circulating supply.
We also do, as actifit, buy AFIT tokens from market, though we haven't burned those tokens, they just got bought back by actifit account.
For example, we bought around 100,000 AFIT tokens couple of weeks back, here's a snippet of some of the buy actions, and we have been doing at different points in time.
we plan to make this more streamlined, a steady process and to burn tokens bought from market, while keeping the monthly burning of the actifit.s-e tokens as well.
What happens to the AFITS actifit by back do they go into the pot to be given out later like new tokens? That's good actifit is buying so.e back of the market. If people have been moving tokens from their Steem-engine account to their actifit wallet they are not actually for sale and not reducing the token value so I don't understand how burning those makes much of a difference now.
Maybe in the longer term it will start to make a difference. I am really hoping we get some decent products in the actifit market soon like say shoes, socks, hat's, shirts even Fitbit or equivalent tracking items. As we are well over a year into actifit and still can not purchase anything practical as mentioned in the front page of actifit.io. I know you have mentioned something coming to the market very very soon I hope it will help add more value to people wanting to use actifit and be able to get something practical they can exchange AFITS for. Thanks @mcfarhat
Posted using Partiko Android
yes AFIT tokens bought back go back to the pool.
Burning the tokens makes a difference in limiting circulating supply on steem-engine. The more tokens available under circulating supply, the higher the price pressure.
We are experimenting with this and as i said looking into implementing other measures.
Yes about the market, hopefully by next week we will have something to share with you guys :)
I think that's a wonderful suggestion 😎💪🔥🔥🔥👑💃💃💖🙏 Thank you @curtwriter ☺
Posted using Partiko Android
Thanks for the suggestion @curtwriter,
We are indeed studying other options for burning AFIT tokens.
This is a nice suggestion, although not sure if all delegators would feel the same.
We could open this up for discussion, or make it optional.
Feel free to elaborate more on this or share this in more details on discord.
Thank you
Posted using Partiko Android
Great stuff. 4% of the circulating supply is a solid burn. Good work team
Thanks for placing in the overview :-)
Hope that this burn will bring the expected positive result.
A great updates will lots of information.
Do the tokens for the burn get bought off the market or come from some other means? @mcfarhat
Posted using Partiko Android
Answered below @j85063 to your other comment.
Let me know if you need further clarification
@actifit, Awesome team, and hope that this Token Burning 🔥 Initiative will going to add value to AFIT Token Economy. Good wishes from my side and stay blessed.
Posted using Partiko Android