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RE: Discover Steem Budget Proposals!

in #budget7 years ago

@mvrr007thank you for asking how it works!

Starting now anyone that wants to promote a post with my voting bot can transfer Steem or SBD to me to get a vote automatically. Everyone delegating Steem power adds to the possible voting power which increases the amount of bids received. 50% of the earnings from the bids received go to @budgets to fund budget proposals for Steem while the other 50% are returned to those delegating from @jerrybanfieldroi.

Most sending bids will be using https://s3.amazonaws.com/yabapmatt/bottracker/bottracker.html which shows what a profitable bid is given the Steem and SBD price.

This system provides instant adjustments for those delegating based on the Steem and SBD price because those making bids and using the calculator are sending in Steem and SBD while considering the current price.

Basically, when we delegate 1,000 Steem power, we get paid back a percentage of our voting power in Steem and SBD every week from @jerrybanfieldroi. Those delegating early get a huge bonus because I am not counting my nearly 100,000 Steem power in the calculations. Delegating 1,000 Steem power now effectively will return much more than upvoting 10 comments a day with no potential for downvotes and all rewards liquid.

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