MinnowBooster Update: Improved Profitability on Upvotes and Cheaper SP Leases Available Now!steemCreated with Sketch.

in #minnowbooster7 years ago (edited)

Minnowbooster is in a constant state of development and one of our greatest assets is not our platform but rather you, our loyal supporters!

Minnowbooster has listened to your concerns and desires and we would now like to address a few changes we are making!

New Competitive Leasing Rates

Firstly, we would like to announce new rates for Steem Power leases in our Delegation Market:

Normal LeaseCommunity Lease
1 Steem / 185 Steem Power (weekly rate)1 Steem / 215 Steem Power (weekly rate)

This a massively better rate for Steem users requiring additional Steem Power and a good solution for Steemians looking to delegate their Steem Power to those in need!

These rates are effective immediately and we would like to formally re-invite minnows and other Steem users to come and join our Delegation Leasing Market (DLM) by creating a request to lease Steem Power at our website, www.minnowbooster.net.

Increase in Upvote Profitability!

For users looking to buy upvotes our current system allows for a 6% profit to be made on purchasing a vote. Based on the record number of requests we received in our discord room we have gone ahead, listened and decided to act upon these requests.

The new ROI for upvotes purchased through @Minnowbooster results in a profit 35% (edited) of the total upvote value. This means that if you purchase a vote for 1 SBD the vote you receive should net you a tidy 35% (edited) profit after curation.

This is a respectable return which supports minnows while at the same time reducing possibility for vote abuse. We hope you'll be pleased with this news!

Stealth Votes are the New Standard

After much deliberation, developers and supporters of @minnowbooster have listened to user sentiment about the cute 'upgoats' received as a comment as a result of purchasing a vote. Apparently, users would prefer a more discreet way of receiving confirmation their vote has been received. From this point on 'upgoats' are a thing of the past. You will now receive a memo to your wallet with the same information about the vote you received from @minnowbooster. Sorry but the upgoats are no more! Baaaaaaa!


A Message to Minnowbooster Delegators

Currently due to our new vote selling option, the actual MinnowBooster bot isn't receiving much business. As a result some of our smaller delegators aren't receiving daily payouts. We hope that these new changes will bring back the good old days and payments will be resumed shortly. We would like to thank our delegators for their patience as we try to get things back on track!


MinnowBooster is Here for You!

Minnowbooster strives to provide a truly investor-class model for Steem investors and "bagholders" who are either not good at curating content or do not have the time or inclination to do so and would prefer to earn a "Masternode like" competitive APR return on investment with daily payouts, and simultaneously empowering the community and stimulating the attention economy of the Steem blockchain.

Thank you again for your continued support as we work on providing the most socially beneficial toolset on Steem.

Our team will continue to move forward to equip you with the services you need to succeed on Steem!

Don't forget @minnowbooster has got your back!


What can MINNOWBOOSTER do for you?!

What?CurrencyAdvantages
Buy upvoteSBDEarn an instant return
Lease SP from marketSTEEMIncrease your vote strength and curation rewards
Delegate SP to marketSTEEM POWEREarn daily STEEM dividends
Invest STEEM in MinnowBoosterSTEEMEarn daily SBD dividends
Delegate SP to MinnowBoosterSTEEM POWEREarn daily SBD dividends
Sell your vote to MinnowBoosterVOTING POWEREarn SBD share of sells

CURRENT PARAMETERS:

ParameterValueRemarks
Minimum Upvote0.01 SBDMinimum SBD you can send
Upvote comments?Can Be Enabled
Profit35% Fixed Return (Edited)
Minimum SP Lease1 STEEM
4-24 week Lease1 STEEM/185 SPPrice per week/Lease size
4-24 week Community Lease1 STEEM/215 SPPrice per week/Lease size

Provide us with feedback

We are happy to hear your feedback about where we can improve.


Join our Discord chat

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 :)


Please remember, that while we are a business and work for a profit, that we share 90% of our income with the various investors in our services. There is no other booster available which shares it's rewards with such a diverse set of people on the Steem BlockChain.

Thank you for your continued support.


Missed the BuildTeam announcement? Here's all the juicy details.


Video Tutorials



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)


Visit our flashy new website minnowbooster.net!


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.

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These are awesome updates, thank you so much to the buildteam! Great work as always - I'm glad to be holding a small amount of your tokens :-)

It's funny to see people complaining about only getting 15% profit...where else can you send $1 and get $1.15 back with no work or risk? It's a crazy good deal and I will continue to use minnowbooster as my go to tool for post promotion!

'you send $1 and get $1.15 back' - you don't get 1,15, you get about 75-80% of it, the rest goes to those users who upvoted your post.
So you lose more money than you get

Now it's been changed to return 35% AFTER curation rewards are taken into account:

This means that if you purchase a vote for 1 SBD the vote you receive should net you a tidy 35% (edited) profit after curation.

That's pretty damn good in my opinion.

yes, i've send 1 sbd right now and i got 1.41 and + 0.028 was returned in my wallet...
i didn't use this service for a while because minnowbooster's upvote wes really small at one point
but you are right, 35% is good, i didn't understand 1/1.15 numbers right... thank you for your explanation!

Nice! Glad to help. Keep on Steemin' on!

doing me best!)

hey @yabapmatt
I am new to steemit and dont know much about transfer system
can you please explain me about the method to transfer $1 to @minnowbooster to get better return
Would mean alot
thank you :)

It's funny to see people complaining about only getting 15% profit...where else can you send $1 and get $1.15 back with no work or risk?

So true. This is close to the "money growing on trees" saying and some users still find reasons to complain. These are the type of people that if you give them money for absolutely nothing they'll still bitch about it. They should go put their money in the bank or stocks and see what profitability they gain from that.

PS: @yabapmatt thanks for your curation reward estimator. It's really useful. :-)

the changes are for worse at least when we ask for 1 week we do not get 4 and with 42 sp for 1 steem

this is now not anymore profitable unfortunately.

It's so good to see that minnowbooster is still alive and kicking :)

hey there,
I am new to steemit and dont know much about transfer system
can you please explain me about the method to transfer $1 to @minnowbooster to get better return
Would mean alot
thank you :)

Great works as always. Awesome

Is 15% not too less ? Once minnowbooster used to give double at 66%, so that is 100 percent, and after curation 75%.

We want to position our service as more of an advertising/promotion tool rather than a service that can be used for abuse and self-enrichment, 15% is modest enough to achieve this goal but still give users the ability to set their posts onto "hot" and "trending".

'you send $1 and get $1.15 back' - you don't get 1,15, you get about 75-80% of it, the rest goes to those users who upvoted your post.
So you lose more money than you get

I sent 3 SBD in upvotes (3.96USD) and after curation (SBD+STEEM+SP) will receive 4.10USD and with price fluctuations, it is not really profitable.

ok, makes good business sense from your point of view. After all its a free market.

There are a few new contenders and they will soon notice the abuse happening to them in the form of botnets if they keep the crazy prices. And when you do nothing about abuse, Steemcleaners and whales step in. For us it is not about the profit, but about not enabling botnets to earn from our service with spam.

Our profits come from volume, so we will try to adapt our prices to supply and demand.

Give us some of your profits 😁 in charity......LOL

Agreed.

buy some buildteam tokens to stake and you get someof their profits,
each month....
twice....

@minnowbooster

Argent...



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  • I sent 31 steem for one week delegation and this is the result please help and explain??
  • 12345.png

    --And please explain how 19 stemm is giving more then 31 steem?

    i sent 31 steem and got 576 for 4 week how it comes?please help!

    how can i lease 1 week only it seems like every time i asked for 1 week it gave's me 4 week delegation ofcourse with different SP .

    Hi, due to low demand the 1 week leasing has been removed from our options.

    Thanks for reply, and if you don't mined me asking if you can bring it back?

    I will discuss with our team if feasible to reintroduce, if you know of other users who may want this it could help.

    thanks for considering my proposal , and i will try to seek other users that want it too.

    bringing it back would be wonderful

    You have collected your daily Power Up! This post received an upvote worth of 1.22$.
    Learn how to Power Up Smart here!

    You have collected your daily Power Up! This post received an upvote worth of 1.49$.
    Learn how to Power Up Smart here!

    mmm i still see the actual rate of 185, where should we go for the 215 rate?

    Hi, that rate is for communities for example a Spanish community that supports Spanish writers, you have to apply to us in Discord private chat and will whitelist the community account if it seems legit.

    It’s still easy to see your votes without the obnoxious comments. Glad to see you’re hurting so bad you’re ripping off you’re customers just a LITTLE bit less...

    Ohhh thank you for the feedback :)

    Love+Positivity+Steemit

    nice post...please upvote my post

    oh great.. the rate of SP lease is more profitable compared with leasing from @blocktrades

    it's a good thing now there will be a healthy competition which will benefit us.. but I want to ask.. why suddenly cancel the 1week term and made 4 weeks as the minimum lease duration?

    The stealth Upvote is a gamechanger. I imagine most people will be doing this now!

    I agree... one reason I didn't use the service (much) was because of the comments.

    i have applied for delegated SP and i have sent steem also...but why there is a difference ...

    in the message u said as 1870 but in the market it is showing as 1829 ...

    then why the difference as per the calculation it shd be 1870 and the same is not showing in the market in "fill offer"

    Anybody from MB please clarify.

    On the website the calc is incorrectly displayed due to some conversion from sp->vests->sp, the final delegation will be correct.