The main objective of this project is to offer fair and scalable curation to quality bloggers who are in it for the run. The main requirements are that you need to be invested in HP (minimum 40SP for each share you can own) and you need to bring something that is valuable to the platform. Blatant reward farming is not something this project wants to support.
The Upvote Shares project also continues to provide upvotes for different Tribes, these are the current balances and multipliers...
There are currently 1100 Shares in circulation meaning the minimum promised upvote for each share is 0.909% (1000%/1100). With all the value-creating mechanisms that have been in place during the last 2 years, the project is currently giving out a 2.8% upvote for each share which will stay in place next level. For many who have been with this program for a longer time, this percentage is actually a lot higher since shares have gone up in price around +40% since the start.
Shareholders and Upvote % Level 21 (Daily Upvotes)
As stated in the Updated Terms & Conditions Shareholders with a lower number of shares will from now on get 1 weekly upvote with a value x7.
- 1 Weekly Upvote if Daily Upvote % x7 is Below 100%
- 1 Daily Upvote if Daily Upvote % x7 is Above 100%
Shareholders and Upvote % Level 21 (Weekly Upvotes)
I removed all the accounts that have not been actively blogging for over 6 months from the Hive.vote upvote. The main reason for doing this is because it makes things way less time consuming for me. All these accounts can request their upvotes to be activated again at any given time if they plan to start blogging again. All upvotes are from inactive accounts are redistributed to shareholders that are making posts. Curation reward Dividends will still be paid out to inactive accounts that have 11 shares or more.
I don't want this project to become the target of downvoters and actually agree with them that low-quality post-2-mine operations should not be tolerated. I wrote about this in the past and removed the upvotes of some shareholders who don't meet the current standards. The difficult part is that quality is very subjective and not an exact science which makes for some hard choices.
Actifit ShitpostsI have talked about the problems with these posts in the past, the project doesn't mind Actifit posts if they are made a bit more personal with a custom cover image and post title. Standardized Actifit posts are simply not acceptable, the same goes for empty Splinterlands rewards posts.
|@newageinv||1 - 2 - 3 - 4|
|@crypto-econom1st||Only Actifit Posts|
|@mcoinz79||1 - 2 - 3 - 4|
Upvotes for these 4 accounts have been put on hold and will stay on hold unless the quality issue gets fixed (Give me a shout in this case). I'm always open for reason, but I find it hard to find any arguments why posts like this should be acceptable. It also shouldn't take all that much effort to fix them and this project at any given time allow for shareholders to sell their shares so that's also always an option.
Refund & BurnI refunded and burned shares from 2 shareholders which I probably should not have accepted into the program because of questionable quality, a high degree of vote farming, and suspicious double account which is against the rules.
Both @barmbo (2 Shares 8.68 Hive) & @kirstin (2 Shares 8.68 Hive) had the Hive that was airdropped for the Steem they had invested returned to them and their shares were burned to give extra value to all existing shareholders.
To everyone who is interested in becoming part of this project or existing shareholders who want to increase their upvotes, Level 22 is to open most likely on Monday. Feel free to already request shares so I can keep them reserved. Also as always, feel free to leave some feedback and suggestions in the comments and make sure to let me know if I made a mistake somewhere or if your upvotes aren't properly adjusted!.