Boomerang update 1st of October 2017

in #steemit7 years ago

Server and technical update.


The minimum bid is 0.050 SBD. This is due to the fact that it is impossible to cast a vote for a 0.001 SBD bid when the total amounts of bids are higher than the available vote pool. Also the bot can cast votes 0.02% of the total power. So from now on please send only bids starting from 0.05 SBD.

The second server will run from next week as we want to avoid nodes that are down.

This week was pretty hard for steemit as some nodes have been down. A lot of steemit services did not function properly. Bids that have been paid and where the vote did not go through have been either reimbursed or manually voted. No bid was left aside.

Delegators


From last week we see an increase of delegators to 32 and also an increase to 70342.423 delegated power. So an increase of over 26000 SP from last week.According to the boomerang whitepaper, each delegator gets every round a share according to his delegation from the total amount that has been paid in by the users.

We would like to recommend you to delegate more than 100 SP as boomerang can't send amounts under 0.001 SBD.

Please take care, if you delegate SP from other services or users, you can't delegate this to @boomerang.

How to check the vote round


Some vote rounds are better than others. Please take in account that this is a bid bot and you bid with other users for a share of the vote. At the moment a vote is a little higher than 10USD, so if there are already 10 USD in bids if you place a bid you will get less than the paid amount. Process has been explained in the boomerang whitepaper.

Vote value can be checked with either https://steemworld.org/@boomerang

or with https://steemnow.com/:

Then go to boomerang wallet:

And if the total amount of the bids is lower than the vote it would be profitable to participate in the round.

This method can be applied to any other bid bot. We advice our user to check the round before submitting the bid, as refunds are not possible.

Refunds are accorded for invalid links, bids under 0.05 SBD and node problems where a vote has not been cast.

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I just find out about your service today and delegated a bit. Currently most of my SP is delegated elsewhere, but after the end I will defenetly delegate to you. I have to do more calculations but it seems that your service is more profitable for investors than minnowbooster. Keep up the good work!

Thank you! We try to make the most for the steemit users, also for the ones who delegate and also for the bidders. That is why we presented the way to check if a bid makes sense or not. If we receive more SP it is going to be more profitable due to the curation share for delegators. Now it is at 60%, if there will be more than 100000SP the curation share will climb to 70%.

I did and article about @boomerang at https://steemit.com/steemit/@jaka87/best-way-to-earn-steem-by-delegating-sp. I just want to make sure that my facts are straight. I went trough whitepaper again. i would like to ask you to clarify two things. Im amusing SBD payout don't depends on the STEEM price, so the payout won't increase when the price of the Steem will increase, right ? I just saw that curation rewards (Steem) is distributed back to delegators. Did I understand this correctly.? If so then this bot kick's ass for real!

Dear @jaka87,

we try to answer your questions:

Im amusing SBD payout don't depends on the STEEM price, so the payout won't increase when the price of the Steem will increase, right ?

If STEEM-BTC or STEEM-USD price increases, the Vote-Value of boomerang will increase, and then also the bids in SBD should increase.

I just saw that curation rewards (Steem) is distributed back to delegators. Did I understand this correctly.? If so then this bot kick's ass for real!

Curation Reward Distribution to our SP-Delegators will start in some weeks. As stated in the Whitepaper, boomerang was initially founded with 500 SP. Currently @boomerang is in power down mode with power-down target @boomerang-fund. As soon if @boomerang-fund achieves 500 SP (the initial invest), Curation Reward distribution will start.

If so then this bot kick's ass for real!

Yesterday during the DDOS against steemit.com, all big vote-bid bots were down, but we were up and voting, due to our own unique software :-)

Wow. This is really awesome. Some time ago I was playing with the idea to create my own bot but there is really no need for that because this one kick ass! Cant wait for my other delegations to stop so I can contribute more.

dear @boomerang, i accidentally transferred 1.5 sbd to your savings 5 days ago.
Kindly refund me.. I would be grateful :)
ice_screenshot_20180616-215946.png

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Sir, due to some error, payment for the link https://steemit.com/photography/@onlineprds/colorchallenge-friday-blue made two times 0.750 each. Request you to refund 0.750.

Dear @onlineprds,

you are right, you sent 2 bids for the same post, and we refunded automatically the second bid:

https://steemd.com/b/16121570#c3f5daee6c0c187fbde2dcb7d19c9fd0ebdf8aeb

Ok, got it. Thank you so much.

This post has received a 1.61 % upvote from @booster thanks to: @alexvan.

excellent report. That might help some that can send now with 0.05 SBD. Upvoted

Sounds very nice and interesting. Don't forget with my account as well. Best regards from me.. @dedley. Thanks.

Thank you for your bid @dedley. Your post was voted some days ago.

This wonderful post has received a bellyrub 3.60 % upvote from @bellyrub thanks to this cool cat: @alexvan. My pops @zeartul is one of your top steemit witness, if you like my bellyrubs please go vote for him, if you love what he is doing vote for this comment as well.

Very good explanation of the voting process. Thanks for making this post that is very useful for everyone using your services.

Hi everybody.. do we have a chance of seeing Bids for Boomerang in real time like in here: http://steem.cool/booster/
Thanks!