MinnowBooster Tutorial #5: Delegating Steem Power to the Market
Hey there, @reggaemuffin here with the fifth piece in our tutorial series teaching you how to get the most out of @minnowbooster.
In this tutorial, we’ll be showing you how to delegate STEEM POWER to the Market with MinnowBooster. By delegating STEEM POWER with MinnowBooster, you will be able to receive an APR interest rate on your delegation of between 15%-30% APR all without ever physically handing over your liquid STEEM. Ever wondered what it's like to just sit back and watch the money roll in? Delegate some SP to the MinnowBooster market and find out!
Anyway, that’s enough from me - here’s another awesome video tutorial from the amazing @velimir and @ldauch:
Delegating Steem Power on the Market is easy!
Just follow these simple steps:
Delegating on the Market @ Minnowbooster.net
- Go to the website: http://www.minnowbooster.net/market
- Read the note about facilitation fees.
- You now see the list of requests. People who need your STEEM POWER.
- Choose one and press “Fill this request” button.
- A new screen opens. If you are satisfied with the offer, enter your username in the field at the bottom of the screen.
- A new window will open. Verify your numbers and press “Continue” button.
- Now you need to log in with your “PRIVATE active key” or “Owner key” or “Master password”
- You will find your “PRIVATE active key” and your “Owner key” on your Steemit.com profile, under Wallet - Permissions. Navigate there. Please note, you need only one of them.
- By default, Steemit.com displays PUBLIC Active key. To obtain PRIVATE Active key click “show private key” button to the right from the ACTIVE KEY label.
- When it appears, highlight the PRIVATE active key and copy it (CTRL+C).
- Return to the previous MINNOWBOOSTER website and enter your PRIVATE Active Key (CTRL+V).
- Press “Continue” button.
- MINNOWBOOSTER will display “Successful” message.
- You are all set. You leased your STEEM POWER to another user!
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 |
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 | 15.0 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.
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Get support and connect with us and other Minnowbooster fans!
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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Missed the BuildTeam announcement? Here's all the juicy details.
Previous Video Tutorials
MinnowBooster Tutorial #1: Delegating SP to MinnowBooster
MinnowBooster Tutorial #2: Powering up STEEM to MinnowBooster
MinnowBooster Tutorial #3: Upvoting Posts with MinnowBooster
MinnowBooster Tutorial #4: Leasing Delegated Steem Power with MinnowBooster
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 (witness) @cryptomancer and @reggaemuffin (witness)
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.
Hello, i didn't receive daily payout at 25-09-2017. please could you check. thanks.
Me neither
Please upvote
2 hours ago Transfer 5.000 SBD to minnowbooster https://steemit.com/ru/@chance777/zhurnal-psikhologiya-chto-uderzhivaet-paru-vmeste
https://steemit.com/minnowbooster/@sanjeevm/minnowbooster-is-down-rpc-node-lag
weekly limit is now 5 SBD? wow thats not good.
weekly is 15
So it has come down from 25 then? When did this happen. These people that run these voting bots ect change there plan every couple of days. And all sleep alot nowadays😠😭
12 hours ago. I don't understand the issues, but they have to juggle the new delegated Steem and try to getting the voting power balanced, etc.
RANDOWHALE used to be the one but now he just sleeps all the time. I only just started using the 5sbd votes and now its gone dwn. Its still okay so it will have to be used friday-sat-sunday. 😠😭
We are working on improving the voting power at the moment, because it won't actually help minnows if they pay more for the vote that it is worth 😊
And minnowbooster never sleeps! 🚀
I guess its in the title! Minnow? I am a dolphin but bought all mine instead if blogging. I used the 5SBD vote and got to say its the best on steemit. By far, I used bellyrub today for 9SBD and actually got less so nit sure I will use this in the future. I guess I will watch your space! Thanks dude!
Hello @reggaemuffin! @minnowbooster says
for post upvote when I sent 1 SBD. That meant I just lost 1 SBD and there's no refund policy?
Edit: redunded. (new to this stuff :D)
Your 1sbd was sent you with that message you copied 😉
very beautiful and wonderful
Hello, A nice post!
You are more than welcome to follow me @crypto-guru
thats bad.
https://steemit.com/bitcoin/@rahulgandhi0001/btc-eth-trade-recomendations
Hellow , @reggaemuffin. Thaks for the tutorial.
I have noticed that in the limits Summary at the end, you have written that :
I thought it was 15 SBD. Have you lowered the limit, or this is an old version of the table?
Hi, sorry this was an old version of the table... have now fixed. Thanks for pointing this out.
https://steemit.com/birthday/@cassillas5553/birthday
I sent 1 sbd to upvote this post... Seems like the upvote bot isn't working properly.... :)
https://steemit.com/minnowbooster/@sanjeevm/minnowbooster-is-down-rpc-node-lag
We are very grateful for everybody who have delegated us Steem Power through the marketplace. It's a wonderful service.
@MinnowPowerUp is a subscription based daily upvote bot that draws its power from a delegation pool offered by the @minnowbooster marketplace.
Learn more about Powering Up through a delegation pool here!
Interesting opinion.
Hi @minnowbooster I resteemed a number of your posts, would you mind returning the favour? @peterwachira
hey @reggaemuffin, @velimir and @ldauch. Great post, very useful information. Next to using your regular blog boosting, I will start delegating some SP as well!
On a related note, for those Noobies that are looking for a way to boost their Curation Rewards, check out this post.
https://steemit.com/steemit/@steemitromney/noobie-curation-fund
For the wealthier Steemians among readers, you are very welcome to come help the boosting! It is yet another initiative to encourage starters and work towards a more equal distribution of Steem Power.
A debt of gratitude is in order for posting @monnowbooster this will be incredible help to amateurs. I have discovered numerous amateurs of late I will resteem thos post to help th