[USER GUIDE] How To Getting Started with UPVU

in Witness Activities2 years ago

get started.001.png

Hello Steemians. Your UPVU team is here! On Dec 2nd, we have launched upvu.org, an alternative 3rd party frontend to steemit.com that enables more features of the Steem blockchain. Here's detail guide for users who are new onboarding to Steem. The contents of this post can also be found on "Getting Started with UPVU" on the right side of the main page of upvu.org.

<New UPVU 2.0 website : https://upvu.org/>

What is UPVU?

UPVU is a Steem blockchain-based representative yield aggregator that allows users to delegate their SP to @UPVU and receive voting support with higher efficiency.

Upvu is hub of communities powered by cutting edge technology where users are getting paid for their time, resources and learn while having complete control over their account, communities and content. Through ease of use, users not only learn but also become investors, innovators of the new internet.

What are the benefits of using UPVU?

  • It’s easy to use, simple, and very secure. All you have to do is delegate your SteemPower to @upvu or just hold UPVU tokens.
  • You can get much greater author rewards than self-voting or voting using sub-account.
  • You can get curation rewards that are originally received in SP(Steem Power) as liquid STEEM.
  • You can also get additional TRX rewards paid at a rate of 1:0.5 to SP rewards. (the reward ratio is subject to change according to Steemit Inc’s policy)
  • If you set UPVU as a governance voting proxy, you can get more rewards through the “Boost” function.

"We are working to make the Steem ecosystem healthier and more active by voting for better Steem Witness Candidates."

  • The delegated SP can be retrieved anytime you want, and you have full control over your assets.
  • UPVU token can be exchanged 1:1 with STEEM at any time, simply transfer the tokens to @upvu if you wish. The unstaking period of UPVU tokens is much shorter than that of delegated SPs, around 1-2 weeks. (NOTE : Period required to liquidate the delegated SP into STEEM : 4weeks + 3days)

How to get started with UPVU?

Just delegate your Steem Power to @upvu. That's it!

For a more comfortable user experience, we have built a separate UPVU dashboard page. You can quickly and easily delegate SP on the UPVU dashboard by clicking the wallet icon in the upper right corner.

In addition, tools that can be used when delegating SP are as follows:

If you have any questions on the UPVU dashboard, you can hover your mouse cursor over the help icon, and refer to the "Glossary of Terms" below for a summary of each term.

[NOTICE]

  • (Minimum Quantity) Due to the 3 decimal place limitation of the Steem blockchain, the recommended minimum delegation amount is 200 SP.

⚠️ The minimum quantity increases as @upvu's SteemPower increases, so please make sure that the delegated quantity is at least 0.001% of @upvu SteemPower.

  • (Snapshot Time) UPVU Power’s snapshots are taken daily at 00:00 KST (UTC+9).
    (Voting Support) You can get upvoting from @upvu from the next day after SP delegation(after snapshot).
  • (Liquid STEEM Rewards) Curation rewards will be paid 1 week after the 1st voting starts. This is due to the unique nature of Steem’s PoB(Proof-of-Brain) mechanism. (7 days required for author reward & curation reward payout)
  • (Reward Type) You can choose between STEEM and UPVU as the curation reward type. However, if Steem-Engine is unstable or unavailable, STEEM is automatically changed to default. In the future, selectable reward type options will be added.
  • (Additional Delegation) If you are already delegating an SP to @upvu and renting additional SPs, please check the quantity carefully before delegating. You must enter the sum of the quantity you want to add to the quantity currently being delegated. Otherwise, delegation retrieve may occur.
  • (TRX reward) 100% of the additional TRX rewards that upvu accounts receive as curation rewards are distributed to delegates. However, it may not be paid if TRX payment from Steemit Inc is delayed or stopped.

⚠️ You must contact @steemitblog regarding the TRX reward policy.

Glossary of Terms

  • Total Amount : The sum of the SP delegated to @upvu and the balance of UPVU tokens currently held in your wallet.
  • Delegated SP : Total amount of SPs delegated to @upvu.
  • UPVU Token : Steem Engine based liquidity token with the same utility as SP(Steem Power) but with a much shorter unstaking period(It takes 1~2 weeks on average to convert UPVU to STEEM). If you want to convert, just transfer your STEEM to @upvu.
  • VP Weight : Voting Power weight to get upvotes from @upvu today.
  • Earning Rate : The rate of return that can be obtained through the use of UPVU. The calculation method is as follows. [(Liquid STEEM reward + Author Reward) / Your UPVU Power * 100]
  • Reward Type : Users can basically receive Liquid Steem instead of SP as a reward when using UPVU. If you want to be rewarded with a token other than STEEM, you can change the reward type.
  • Set Type : From the list, you can select the token you would like to receive as a reward.
  • Boost Reward : Displays "Y" if proxy is set, "N" if not set.
  • Set Proxy : You can get more rewards if you set @upvu.proxy as your Steem Governance voting proxy.
  • Liquid Steem : Originally, author rewards and curation rewards are paid in SP(Staked Steem), but if you use UPVU, you can receive them in liquid STEEM.
  • Author Reward : Author rewards earned so far through upvoting by @upvu.
  • Tron Reward : Total amount of TRX earned as an additional reward for curation rewards.
  • Tron Interest : Additional interest earned through TRX staking in UPVU vault.

The Security of UPVU has been further enhanced!

스크린샷 2022-12-20 오후 3.06.18.png

From now on, the upvu service operates with stronger security with 11 upvu guards. The active key and owner key of the upvu account have a powerful multisig function that broadcasts only when approved by a majority of 11 upvu guards.

So far, there have been numerous tools and DApp services based on the Steem blockchain, but perhaps UPVU is the first such multi-sig service in history.

For us, the safety and security of our users is our top priority, and we will move forward for a more stable service.

We want to support all Steemians to use the multisig feature, but the problem is that multisig is a very specialized and technical area. Our team is constantly thinking about how to make it more user-friendly.

Thanks for your support!

We have continued voluntary development activities with team members' personal funds and efforts without external funding, but recently Hive suffered more damage due to malicious hacker attacks. (It seems realistically impossible to find the exact cause)

Please pray for us and support us by upvoting and reblog.

We always appreciate everyone who supports us, and we will do our best to deliver better service. If you like this post, PLEASE SUPPORTS US BY UPVOTING!

Cc: @steemitblog, @steemcurator01, @steemcurator02 @steemchiller @justyy @symbionts @dev.supporters @steem.history @dlike @future.witness @maiyude @rnt1 @protoss20 @roadofrich @bangla.witness @xpilar.witness @etainclub @italygame @steem-agora @marcosdk @boylikegirl.wit @alexmove.witness @steemit-market @pennsif.witness @cotina @inwi @successgr.with @smt-wherein @ety001

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안녕하세요. 보팅 누락되어 메모 남깁니다.

안녕하세요 @ogst0311 님,

금일 해당 시간대에 API 문제가 있어 조금 늦게 처리 되었습니다.
모두 조치 되었으니 참고바랍니다.

감사합니다.!

upvu 사용문의드립니다.
문의 드릴곳을 못찾아 게시글에 남깁니다.
현재 upvy.proxy에 증인투표를 위임하였고
upvu 계정에 210sp정도 임대하였습니다.
게시글을 쓰면 보팅을 해주는걸로알고있는데
보팅이 안되어 뭐가 빠진건지 확인요청드립니다.

안녕하세요 @lku 님,

답변 늦어 죄송합니다.
아마 임대 이후 다음날 부터 보팅이라서 임대 당일 보팅이 안된 것 때문에 그러신 것 같습니다.
지금은 모두 잘 되고 있으니 참고바랍니다.

감사합니다...!!

확인 감사합니다 :)
어제부터 보팅 잘되고있네요!

@upvu 금일 업뷰 스팀 보상이 오전에 들어오지 않았습니다. 확인 부탁드립니다!

안녕하세요 @happycapital 님,

금일 보상 조금 늦었지만 모두 분배 되었습니다.
참고바랍니다.
불편드려 죄송합니다.!

답변 감사합니다!

today's vote did not come. please check @upvu

@upvu 금일 스팀 보상이 10분의 1로 들어왔네요. 모든 업뷰 사용자가 그런 것 같은데, 확인 부탁드립니다!

지난주부터 새로운 UPVU 서비스를 개발하면서 서비스를 중단시켜야 하는 상황들이 발생하였습니다.
보팅이 늦어지면 보상 나가는 시점에 큐레보상이 완전히 집계하지 못하는 부분이 있어서 하루 정도 뒤에 보상이 분배되게 될 예정입니다.

답변 감사합니다!

Thank you

오늘 오전 업뷰 보팅이 잠시 멎었었나봅니다.
제가 딱 그때 글을 올렸네요…
다시 글을 올릴까 하다가 여기에 문의드립니다.

안녕하세요 @gghite 님,

금일 해당 시간대에 API 문제가 있어 조금 늦게 처리 되었습니다.
모두 조치 되었으니 참고바랍니다.

감사합니다.!

I’m interested, how will I go about it.

안녕하세요. 오늘 보팅,보상 둘 다 안 들어왔는데 확인부탁드릴게요.

안녕하세요 @kiwifi 님,

금일 해당 시간대에 API 문제가 있어 조금 늦게 처리 되었습니다.
모두 조치 되었으니 참고바랍니다.

감사합니다.!

Hello @upvu , i noticed you are running a different version of the blockchain
The HF version 0.23.1 which is active Network now , but the one you are running seems to be 0.23.0 as seen on
https://ecosynthesizer.com/steem/witnesses

Are you missing any blocks ?
Should we expect a Fork in near Future ?

I heard from @ety001 that the 23.0 version has no problems with node operation. (The same as the 23.1 version and there was no block missing)

And in the past, when operating with version 23.1, there was a problem with "Corruption: block checksum nismatch", and I was advised to use version 23.0.

After operating it for some time, we plan to operate it again with 23.1.