Upvote Shares Level 5 Maintenance (+ Account Witness Voting)

in #steemit6 years ago

Level 5 has been successfully completed and the account should be able to mostly run on its own spreading Daily Upvotes to all shareholders from now on until Level 6 is reached. This post will be used to sort out / report some practical things during this Level.

The voting % for each share is still set at 7% (3.33% is minimum promised) and the voting power seems to be handeling it pretty well (now at 92%).

Witness Voting

Since the SP in the account is owned by the shareholders, the witness voting of the account should also represent the choice of the shareholders. With 30 available witness votes and 300 Shares currently in circulation, each share represents a 10% vote for a witness. Every 10 shares (100%) make up 1 full witness vote from the account. So feel free to let me know in the comments below who you want your witness votes that come along with your owned shares to go to !


Missing Upvotes

The upvotes are being spread using steemauto. It has been quite reliable but there will be times when it is going to be down or not process upvotes correctly. Just leave a link with the post that failed to get upvoted in the comments below and I will fix it by giving a manual upvote.

Low Post Amounts


Not everyone is able to make a daily post. Everyone who made 4 posts or less can leave a comment below that will be upvoted manually to keep things balanced. Only shareholders that have an upvote worth above the Dust Threshold (0.03$) can request these manual comment upvotes.

Resteems

I'm not sure if the resteems were the best idea. The account have limited reach while at thesame time it makes things look less consistent to first time visitors of the @upvoteshares account. For this reason I will stick to resteem requests on articles that are related to the program or other similar style programs that followers of the @upvoteshares account might be interested in.

Exiting / Selling Shares

At any given point it is possible to exit this program and claim back the Steem that was invested. (See Terms & Conditions to see what can be claimed back). Since getting shares from shareholders that exit is cheaper compared to getting shares from the program itself it should not be an issue to find a suited buyer. Just let me know in the comments in case you want to exit. If needed I will make a post on this account to auction the shares to the highest bidder that qualifies.

Reservations

The amount of shares are limited each round and they can be reserved to make sure you get in one new spots open up. These reservations are non-committal and a message will be send when they are available. The best way to use reservations is to auto reserve 1 or more shares for each level also sponsoring the same minnow each time. Getting a lot of shares in one time on the other hand might be beneficial because they become a bit more valueable each new level. 42 out of 50 level 6 shares are currently already reserved. A post on reservations will be made next week.

Question, Feedback & Suggestion

One of the aims for this project is to be very straightforward and as open as possible and have all shareholders satisfied. If there is anything you think can be done to improve things, feel free to let me know. I'm always open to reason and good arguments.

Next Planned Posts

  • (~07/11/2018) Upvote Shares Level 6 Reservations
  • (~12/11/2018) Upvote Shares Level 6 Progress Report
    (~Estimated Date)

Thanks to everyone for participating in this project ! As always, 100% of the earnings from this post will go towards growing this account and increasing the value of each share.

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I would like my witness vote to go to @neoxian .
Thanks once again! :)

Thanks for letting me know @jlordc
@neoxian has been voted for

Thanks for this update @upvoteshares.

Just for confirmation, as I have 10 shares, you want me to tell one Witness which you'll then apply @upvoteshares MVests to supporting?

Posted using Partiko Android

Yes, everyone who owns shares has a say in who the @upvoteshares account gives it's witness votes to.
10 shares stand for 1 full witness vote in the account. It is not mandatory whatsoever, but if you want you can let me know your preference in witness and I'll make the vote with the account.

I hope that makes sense

Thanks for the confirmation @upvoteshars / @costanza.

I’ll cast my one vote then for the Witness project of @abh12345 and @paulag - @steemwitness. 👍

And next month, I’ll try to remember to let you know my choice on the second vote, once I have the 10 additional shares.

I voted for @steemcommunity as witness which is the project of @abh12345 and @paulag if I'm correct. Thanks

Yes, @upvoteshares, thank you for correcting my mistake! 👍

Wow thank you for the nomination and for the vote. Nice

Posted using Partiko Android

I would like my vote to go for @gtg.

thanks @rishi556, your witness preference has been noted and will be voted for once it has enough shares behind it.

Thanks @barbadosso, your witness preference has been noted and will be voted for once it has enough shares behind it.