Upvote Shares Level 20 (100% Complete)
Level 20
It took a bit longer than usual, but Level 20 is now 100% complete with the Steem for all shares being locked up in Steem Power which continues to spread daily upvotes to all shareholders. All unsold shared got burned as the account grew and they increase the returns for all shareholders a bit as the upvotes for these shares along with the curation dividends get redistributed to all active shareholders. In total since the start of this project 28 shares got burned, 34 are still unused as they are reserved for Sponsorship conversions and 18 are unused for future giveaways.
15 STEEM from entry fees were used to get an extra delegation of 380SP for 15 weeks. The upvote % for each share had not been adjusted for multiple levels which put some more pressure on the Voting Mana. I did adjust it down yesterday from 3% to 2.8% for each share with the aim to get voting Mana back above 80%
I also continue to increase the staked steem-engine tokens...
| Coin | Powered Up |
|---|---|
| STEEM | 5411 SP + 1696 SP Lease |
| PAL | 1030 PAL |
| SPORTS | 210000 SPORTS |
| LEO | 500 LEO |
| DBLOG | 1000 DBLOG |
Level 19 Shares
The ones who haven't given out their sponsorships can still do so the next couple of days in a reply to this post if they want to...
Read Table:
The Account reached 5082SP which opened up Level 20 and made 50 new shares available that were acquired for 4.400 STEEM each (220 STEEM Total). This was Powered Up and 22.0SP (10%) was added on top. (an equal amount was paid out as curation rewards to shareholders) The account now needs to reach 5397SP (+22.3SP) making every share worth 4.460 STEEM to open up Level 21 ...
Next post will be posted when the next Curation Reward Dividends will be paid out followed by Level 21 Opening up...
I'm confused. I didn't know anything about this project but someone is sponsoring me? Is that how this works?
Upvoteshares is a project that allows content creators to get themselves basic daily consistent upvotes. In many ways it's similar to SBI but with much more focus on the numbers actually adding up making sure it's the shareholders who get good returns. Each share also allows 1 sponsorship, this will give daily upvotes from the @minnowshares account which are limited in time until the next level is complete. Getting multiple sponsorships will result in getting free shares in the @upvoteshares account that give permanent upvotes. I hope that explains it. If you have any more questions always feel free to ask.
Thanks for the report.
I see that I forgot about the sponsorships - again.
Here they are:
@marenontherun
@pele23
@karenmckersie
@mad-runner
@runridefly
!BEER
No Problem @ervin-lemark. Sponsorships have been noted and were added to the @minnowshares upvote list. Thanks
View or trade
BEER.Hey @upvoteshares, here is a little bit of
BEERfrom @ervin-lemark for you. Enjoy it!Learn how to earn FREE BEER each day by staking.
CTime just recently wiped out the payout on this post @upvoteshares / @costanza. Great ... Preview of "coming attractions?"
I noticed yes, it's quite lame though. The program does no self-upvoting, has quality/minimum SP requirements, only makes rare post with needed information and yet they are blindly downvoting because they see it as upvote circle while things as quarator / steem-ua are way worse in this regard.
Anyway, I'll see what it gives when declining the post eaning in next post where curating reward dividends are given out. I don't think any of the shareholders have been affected so far.
Thanks for the response @upvoteshares / @costanza. I always value your perspective. I agree with this:
We'll see how long this proves to be the case. SBI has always been a far larger target. The sad reality is ONE fairly good-sized account, choosing to do so, can make life pretty miserable for a large number of our fellow Steemians.
It is not easy to make progress "in here," so that is always my concern. What any of the actions do to discourage others ...