MAP Rewarder: Distributed Rewards for 4 Mar 2018
This week's distributed profits are 0.682%, equivalent to an APR of 35.6%.
The gross income was 0.947%, with 10% going towards management and development and 18% to support the MAP community.
Profits have already been paid to SP delegators in STEEM.
To delegate SP to MAP Rewarder, please read our Introduction document. Please also note carefully that, because of the 7-day reward period, new delegations are added on a Sunday and will receive their first payout the following Sunday.
News
As discussed last week, current returns on upvoting, in pure STEEM terms is 0.48% per week per SP; adjusted for curation rewards, 50-50 payouts and the price of SBD would yield 0.77%! Last week it was 0.88%. Just look at any bidbot yields and calculate them as a percentage of delegated SP and you will see a drop there too.
This illustrates two things: firstly, the volatility of the prices of STEEM and SBD make any target income also highly volatile; and secondly, that our baseline 0.5% curation income serves as a relatively stable buffer to these fluctuations.
Most importantly, I feel we have done very well within a turbulent environment, with gross income well above estimate. But we have two missions: to be profitable to delegators and to support our minnow content creators. The @accelerator account, ignoring the delegated SP, is growing slowly but steadily and forms the basis of our upvotes to minnows who are MAP members.
Advice
As part of our MAP Rewarder strategy, all posts by @accelerator will, at some point, receive an upvote from a bidbot. I usually leave this for a few hours to allow our followers to upvote our posts before the arrival of a larger upvote. I know that a few have noticed this and are taking advantage of the opportunity to earn some extra curation rewards. Look at any post with large upvotes and you will see that some of the early upvoters are earning back even more than their upvote! The power of mathematics. :-)
Next rewards distribution will be on Sunday 11 March.
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- -Please Comment, Resteem and Upvote. Thanks!
@rycharde manages the AAKOM project and the MAP forum.
Check out the new MAP Rewarder for passive income!
Thank you for your project. Great project. Hope your happy and healthy life.
thank you for supporting us @accelerator. resteemed!
Thank you for upvote man
Could you explain how delegating works? If I delegate 100 SP to accelerator, does that remove it from my steem power and my vote power goes down by that amount? If so, how much Steem Power should one have before he could delegate comfortably? Is there a set standard?
Hi Melinda, delegation is a loan of SP; in your Steemit Wallet this is reflected in the figure in brackets, so delegations to you are positive, those from you are negative. One difference compared to a loan is that the delegator always has full control so can undelegate at any time.
I don't think there are any rules, except to obviously keep enough SP to be able to interact with the blockchain, although if someone wishes to be away from the platform for some time, then they may delegate most of their SP so that it is earning in their absence.
Thank you. I assumed that was how it worked, but I wasn't certain. I'll keep working at building SP so that the day will come when I can be more generous!
Thank you Accelerator! More power!
You got a 3.06% upvote from @postpromoter courtesy of @rycharde!
Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!
thank you @accelerator hope you will continue to support newbies..
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by accelerator from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews, and netuoso. The goal is to help Steemit grow by supporting Minnows. Please find us at the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
If you would like to delegate to the Minnow Support Project you can do so by clicking on the following links: 50SP, 100SP, 250SP, 500SP, 1000SP, 5000SP.
Be sure to leave at least 50SP undelegated on your account.