A Review of my Delegation Returns
I've just been reviewing the returns I get on my various 'delegations', with the following findings:
- @steembasicincome - 8.5% (for delegations), but effectively 17% for my owned units.
- The best rate you can currently get on the Dlease market is a 12.3% return.
- @wherein - 11.5%
- @qurator - 9.7% + 0.2 Q tokens a day.
- @tipu - 9%
- @steem-ua - 6.4% + about 12 hunt tokens a day
- @steemhunt - 1.8%
I've worked out the above by adding together the daily payouts*365 and the average vote value per post *200, based on the fact that I've posted about 4 times in the last week, and that's probably what I can manage going forwards.
The Hunt token is nearly 0 value ATM (which may be a shock to some of you!) while the Q token price looks much healthier.
I've only got owned units for SBI, and with those I get a 17%, but this halves if you do SBI via delegation, because you only get one 'bonus SBI share' per 2 steem delegated.
Delegation changes...
Undelegations....
- Based on the above I've decided to undelegate from @steemhunt, mainly on the basis of the Hunt token having completely tanked in value.
- I'm also going to undelegate 200 Steem from @steemmonsters - I hadn't realised you no longer get DEC for delegating: only a couple of months behind there!
- I undelegated 50 Steem from @swapsteem, this seems to have gone dead.
- I'm going to keep a close eye on the value of the @steem-ua vote, it's currently at 110K SP - if it sinks below 100K I'll undelegate.
Possible new delegations...
- I also might delegate to @tipu, I've been enjoying being part of that lately, and it's a decent return!
- I'll probably also give a little delegation to @steemflagrewards
- I should also really get back into handing out more SBI shares, they really do seem to offer the best return on Steem ATM! I know it's not delegation, but it's kind of like it!
Curation versus Delegation?
Given that I'm currently earning a 10.5% return on just pure curation I've also concluded it's worth keeping my VP up, so I won't be delegating 1000s of SP away anytime soon.
I guess this means that last Hard Fork was reasonably successful, in that it's made curation very worthwhile compared to other options on Steem.
Other delegation options
If you know of any delegation options I've missed out, then do let me know. I like to think I'm on top of things here, but you never know, I don't catch everything!
Interesting to see these returns figures.
(are the hunt tokens listed in the wrong row?)
Oh yes, so they are!
Not that it makes any difference, they're worth almost nothing ATM.
That is a shame about the HUNT tokens.
It surprised me when I checked!
I actually quite like the concept of Steemhunt, but I was disappointed with the new reviewhunt.
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I've not got my head round @tipu. How does that work?
There's numerous things going on - but people delegate to it and get a return, which is generated from curation, which is done by about 100 or so tipu curators . As curators we get daily rewards IF we're above 100% efficiency, and we can cast more votes the higher up we are - stats count for about 2 weeks.
https://tipu.online/curators
So it's like playing a curation game - we have to guess what's going to get the most votes and get in early.
Of course you can just reward anyone you like as a curator, but there are rules about standards and so on.
I had a few tipu votes and just made some inquires on guess where, discord and they added me as a curator with pretty much no questions asked.
The real trick is to try and predict who blocktrades is going to vote for, so any decent posts with a blocktrades tag is gold dust in this game.
And you know how much I enjoy the curation game!
Okay :) I don't think I've got time for that just now. Work has really kicked off and the Consortium is doing very well - £17.4 million being distributed between members now. The big players have become interested in us, I had a phone call today with the Director of Strategy of one and it ended with an invite to a face-to-face asap (I think they are under the illusion that we know something).
I'm enjoying your NVC posts, I'm trying to apply it to work (things kicked off in more ways than one), the one about needs was especially interesting.
Sounds like exciting times, but I guess that means a lot of hob-knobbing - and all of that sounding enthusiastic and pretending you're interested is a lot of hard work!
That NVC stuff isn't really the kind of thing I'd normally think about, so it's interesting to give something different a bash!
Tipu doesn't take that long btw - it's more a matter of being lucky enough to snipe a post earlier.
Not really ... I'm mainly doing strategic work and putting the governance in place (plus the blockchain work I'm doing with the Uni). I've made it plain I'm not getting involved in the bunfights, I even refuse to go to the meetings where people are just surly rather than out and out belligerant! I like working pan-London, it's very interesting, it's taken most of this week to write a report for trustees - a lot of detail. But this week has been a million times better than last week.
The thing with hunting posts is that you need to be around and I'm not :) but I know you love all that stuff, so great that you're enjoying it. I was going to ask you whether you would do the intro to the blockchain session at steemcamp? The university said they would do it, but I'm not sure any of them have been anywhere near a blockchain. It needs to be accessible by the common man, woman or dog.
I'm not really sure if I'm qualified to do an intro to Blockchain technology, I've very little idea what one is TBH!
I certainly couldn't answer any questions.
Hehe - like me! I'm thinking about the use cases and opportunities for alternative economies.
SFR can make use of anything you can spare. Exhaust will pay you something. I don't worry too much about my returns on my delegations and most pay me nothing.
I also have a few going out that don't return anything, but I just wanted to focus on the money here.
I will delegate to SFR for sure.
I wish there was some sort of central site which listed all the different initiatives you could delegate to, some are quite clever in the way they reward people - @tipu was a real revelation in this sense. It's maybe not the best way of sharing votes around widely, but it does encourage curators to look for good quality content and vote early and it is a very CLEVER idea!
You can look into delegated to @leo.voter you will receive steemleo tokens and I believe the roi is around 17% if you sold the leo tokens on the market for steem.
Thanks for the info on tipu, I had thought about trying delegating to them again but that rate is too low.
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17% ROI is a great return! I will look into that, I've been meaning to write more on leo topics too, it does interest me, just a matter of time.
Interesting that you say 9% is too low, it's actually still fantastic compared to the FIAT economy.
I will investigate the leo thing, thanks for the tip.
9% is just low in the Steem universe. dlease alone is an easy way to beat that at 12% even with the 5 day cool down. I guess it takes a little extra work every month or so.
Hopefully more will comment additional options. I miss the days of many ways to earn 15% in additional steem.
How do you feel about this line of argument:
If Steem is going to succeed, at least for most people to make a return, anything over a 15% return just isn't realistic, at least not return on delegations (this is aside from any moon affect in the price of Steem)
I think now we've got 10% going to the SPSP, 50% going to curation, which I now believe are generally working well for Steem, there's just so little left to go round that a 10% return is good!
This time last year I would have said 15% was bad, there were loads of ways I was making a 20% return. But i had this feeling it just wasn't sustainable.
NB this is just a feeling i've got, not backed up with any data, but outside the world of high risk venture capitalism and ponzi schemes I'll take a 10% return for doing naff all!
I feel like Im on edge of cliff slipping... So hard to keep up to speed. I am playing with @tipu too but much to learn still.
I want to point out some things about @steem-ua that have come to light recently.
@scipio has made it clear that no action against users that exploit the UA system. Personally, not sure, if it is because now that @holger80 is MIA, maybe he doesn't know how to penalize blatant abuse or he doesn't want to lose delegations from the bad actors.
Either way, I perceive his ethics are suspect and I have also noticed the SP being powered down almost every time I checked. It's not a real community project like what we at SFR do. (Steem is powered up and SP retained to further fuel efforts to curb token manipulators).
You mention of it has prompted me to go ahead and remove mine when I get home. I get a nice return of vote value from a fairly small delegation but it's not worth forsaking principle over.
As I gather, @scipio is either complicit, apathetic or incompetent to implement administrative overrides into the code that could penalize bad actors thus influencing better behavior.
He's deferred to the community which he seems to forget he is part of. Or maybe he's just siphoning off Steem rewards to build his empire on WhaleShares.
P.S. Thanks for considering us at SFR!
Thanks for that, it certainly makes me lean more towards undelegating!
I forked the code.
I plan to make sure it is actually working as I have suspicions that it is not for the following reason. RPC API limitations have been put in place on Steem RPC nodes that @holger80's Beem library has not been updated to address which leads to issue w certain methods.
Considering UA is dependent on Beem functionality, there is a good probability that it is affected. I will be performing a deeper analysis. But for the reason of not addressing the exploits as mentioned, I have removed my delegation and will be encouraging others to do the same.
I'll work on developing a UA model with proper oversight and measures to penalize exploitative behaviors that is unless @holger80 returns and corrects the issue(s).
Wow great work,
I think holger might be busy with @nextcolony, I know he's part of that!
Interesting. I've heard rumors that he ditched but maybe that isn't the case.
I just checked his activity on GH. Active 21 hours ago. So we know he's alive but people say he has not been responding to DMs.
What's GH?
Could it simply be that my original answer, which you published here in your screenshot, for which basic etiquette would have dictated you'd at least mention to me over DM or ask me (ask somebody? do people still do that?), is actually true ?
I said - in essence - let the algorithm solve it.
But no, that possibility - which is the truth - doesn't even occur to you. Instead, you choose to publicly call me "complicit", "apathetic", "incompetent", "have suspect ethics", that I'm "building my Whaleshares empire by just siphoning off Steem rewards".
Dude: WTF?!
Let the algorithm solve it my ass!
@steemychicken1 still shitposting for UA rewards. You have proven yourself either incompetent or apathetic as stated previously. (I gave you opportunity prior to public rebuke)
Both entail bad stewardship of the Steem power entrusted to your bot which I will expose if you continue to allow the unmitigated abuse.
The screencap is from a public channel on the UA discord so fair game. I didn't nor would I have shared had it been a private DM.
Tagging @holger80 as am advising he shitcan you for the above stated rationale unless you take appropriate action.
I've already forked the GitHub so request you turn this around @scipio before I escalate to the broader antiabuse community and start coding a abuse resistant replacement.
I gave your courtesy from the start and now you're starting to annoy me. If you know history, you know the shit storms the community is capable of when abuse is brought to light.
We've already worked to drop the chickens shitpost rewards in the past but don't have the time to monitor him continuously.
Do the community a solid and do the right thing and blacklist the user from irresponsible use of UA stake. I will do my best to bury the hatchet / commend you publicly if you choose that course.
Presently, you are on our naughty list and it's not a good look tbh.
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I should pay you to check mine! I have had this on my to do list for a while! Need to get into it again!
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It doesn't take that long honestly!
Just thinking this morning that new initiatives/businesses seeking delegation to get them started are going to struggle if they are not able to match curation returns. Reggaesteem has been offering good deals - currently 3:1 jahm delegation for steem, plus there is the jahm.whitelist of quality authors to follow making curation returns very easy.
Glad to see steem-ua falling through the floor - flawed premise and simply funnelling rewards to highest paid anyway. The sooner it's gone the better.
I think offering tokens is the way to go, someone dropped in a comment saying that a delegation to @steem-leo yields a 17% return paid in leo tokens.
Also, not everyone can get the best curation returns, which may make delegation returns more attractive. Let's face it anything around the 10% mark is pretty good!
I noticed you've got a lot of money in SPI, that's a lot to trust to some bloke on Steem, or have you met him personally?
Bad habit this btw - Steem in the evening, Steem in the morning.
Still Park Run time, always good for getting me out of bed on a Saturday!
SPI - my investment has grown over time as I've learnt more about it and had more interaction. The bigger risk, I think, is changes in the chain or steem-engine, which might render SPI redundant/obsolete. Assuming that doesn't happen: there's a long-term plan, there's a membership agreement, evidence of all transactions are on the chain, regular (daily) feedback and he came with two years experience and reputation of managing group buys and other things in the steem silver gold community. Is it any more risky than sbi or any other tokens or Steem itself?
Was it a good Park run? V.cold in Leicester and Horsham. Black Jug was lovely, though.
A consideration might be that SPI holders aren't eligible for curangel votes: contrary to new steem or something similar.
Hi @revisesociology!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 4.885 which ranks you at #1351 across all Steem accounts.
Your rank has dropped 5 places in the last three days (old rank 1346).
In our last Algorithmic Curation Round, consisting of 92 contributions, your post is ranked at #9.
Evaluation of your UA score:
Feel free to join our @steem-ua Discord server
.
These are only manually calculated estimates based on my data only, it'd be interesting to see a broader picture.
Also, posting for a vote works for Qurator and SBI, but there are some downvote warriors out there who regularly downvote people in receipt of the later.
TBH I think active curation might be the safest way to get a decent return, you can probably do quite a lot better than 10.5%
.
Last time I checked I had lots of Hunt tokens from the early days, wonder if I can get 1 STEEM for the lot?
They're currently valued at $0.003. My 14K would give me about $40, so maybe I've been a little unkind, but it's not looking good!