BOI- Monthly Curation Reward Update & Distribution of Delegator's Reward for Oct' 2021

in Best of India3 years ago

Since the announcement of the Best of India community, we invited delegations from the newcomers as well as from those who seek DeFi opportunities through delegations.

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In the month of Oct' 2021, the total number of delegators stands at 78, with a total effective SP- 94639.

Best of India distributes 100% curation reward (both STEEM & TRX) to its delegators.

As usual before getting started towards rewards details we would like to Thank @starlord28 for creating tool that allows us to fetch all the details easily.

##Total curation SP generated by BOI in the month of Oct 2021.

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list of delegators ,Effective average delegated SP,Delegator reward,APR

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Please note that the @bestofindia account has its own SP as well. It also generates the author's reward from time to time through various contest announcements, updates, etc. So the effective monthly weightage of SP for the @bestofindia account is also taken into account for this calculation.

The total curation reward generated in the month of Oct'2021 is 929.255 SP.

So, after calculating the Effective Average Delegated SP for each delegator, we calculated the percentage share for each of them out of the total curation reward generated, and finally, we obtained the curation reward earned by the individual Delegators through the BOI community.

Based on Oct 2021 curation reward, the projected APR stands at 11.78%. In the previous month, it was 13.03%. We always try our best to maintain good curation efficiency, but our objective is primarily focused on helping the newcomers, curating them, guiding them, ultimately building the community. Keeping that objective intact, we also strategize the use of SP to make the curation efficient & competitive.

Please note that if we take TRX rewards into account, the projected APR will further rise by 4.4% approx.

We have already distributed the delegator rewards(in STEEM) to the respective delegators(Green) as per the above sheet. TRX rewards distribution to follow shortly.

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(We used Steemyy tool to distribute Delegator Reward)

That's all. Thank you again for delegating to the BOI community, we will continue working hard to build this community.

Steem on.


For any questions, clarifications, etc, please join the comment section.


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    Unless otherwise stated, all the images, infographics, charts, tables, etc(if any) are the original works of @bestofindia.

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    @bestofindia
    I need support please visit my post and upvote me and I want to learn more about steemit, what should I do

    I delegated my first amount to @bestofindia and am happy that i did it successfully.😁

    Please what is required from a new subscriber to this community? Thanks.

    I delgate my SP to #bestofindia but my name is not mentioned. Is it something wrong.

     3 years ago 

    It will be updated in the upcoming monthly data

    Ok i thing my delegation is not transferred.
    Thanks @bestofindia

    I have delegated 50 SP to @ bestofindia account

     3 years ago 

    Good job there!

    I hope this community will continue to grow in the future

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    @rishabh99946
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