@tipU Update: Tron rewards and SBD Price :)
Woah, that was a bit crazy. Woke up to see this post:
https://steemit.com/steem/@steemitblog/the-integration-of-trx-and-steemit-is-coming-stay-tuned
TRON Rewards
I'll keep this short because there's much going on today :) Starting from today:
- users now earn TRON on STEEM platform, 1 STEEM POWER earned =1 TRON
- this applies also to curation rewards
For vote buyers:
Buying @tipU upvotes automatically gives you TRON rewards from the post. No other actions are required :)
For investors (delegators):
@tipU will now earn TRON rewards from the curation rewards. I will be working on distributing 100% of those additional TRON rewards to investors. The only issue now is how to determinate user's TRON address knowing only his STEEM username. It can be set manually by users (send memo with your TRON address) if there won't be an easier way :)
SBD Rewards
Currently SBD price is at $5 boosting author's rewards by 225%. @tipU need to take this into account, otherwise investors would be at loss. Starting from today, the upvote value = payment. This will still give very nice profit from the upvote both in USD value and of course TRON. I will be monitoring the SBD price and updating upvote ROI accordingly so both vote buyers and investors are in nice profit :)
A little confused on where is the Tron coming from?
Nice! 😁
Thanks for keeping us all upto date with what's going on. Good be exiting times ahead
Awesome @cardboard!
You are the BEST!! @cardboard Thank you so much for your awesome work!
thank you for the update!
Yesterday I sent 50 steem to @tipu and I received an upvote of a little more than $18. Today I sent the same 50 steem and I received an upvote of a little more than $8. To where went the difference of $10? The steem value today is the same as yesterday...
Half of the payout will be in SBD. SBD price currently at 3 USD so your payout will be much more than $8.
Math time:
You have sent $8.75 (50 x 0.175 USD)
Payout will be 8 Steem Dollars, 1/4 of it will be SBD so 2 SBD.
1 SBD = 3 USD
2 x 3 = 6 USD
And the other half will be paid in STEEM of 4 USD value. 6 + 4 = 10 USD :) So ROI is at 125%.
That was the explanation that I was waiting for! Thank you, my friend! So, receiving $18 yesterday, my ROI will be unbelievable...
there is some wrong:
You have sent $8.75 (50 x 0.175 USD)
Payout will be 8 Steem Dollars, 1/4 of it will be SBD so 2 SBD.
1 SBD = 3 USD
2 x 3 = 6 USD
And the other half of half (1/4) will be paid in STEEM of 4 USD(should be 2$ ) value. 6 + 4(should be 2$) = 10 USD(should be 8$) :) So ROI is at 125%(should be 100%).
Note: but if SBD down, will be lost.
I'm also curious about this scenario.
What if by the time the post payout after 7 days, the SBD price already went down to half of the current value or worst drop down to the usual +/- 1$?
yes, it will be. SBD at more than 1$ can not keep long time
Thanks, my mistake :) Already tweaked the upvote to be x1.2 of the payment.
Interesting to get extra rewards!
Great news. Maybe put a field on https://tipu.online/ where we can write our TRX adress.
Mine is: TMmSfe7KZohr9B9gYfCojS6ptfwBsYKXyr
Thanks, will use it for testing ;)
Mine is: TEKGe7q5XVrQgFZJEYB4w5QjGMmNiyuBGt
Mine is: TAgygE2cDLY6ZVFiktRV2eUNDLn8Rv3sE7
thanks
And first TRON sent :)
https://tronscan.org/#/transaction/1c5c68ab577899e2802e75da18a63d3979fbf94fa459ecb342541569aa95302c
Thanks :) I received it :)
Is it live now?
By the way, it's awesome of you to quickly react to this additional reward. Great job as always!
Not yet but should be in few days. Hope that the claim tron reward option will work reliably because currently I still have problems with it.