UpFundMe Update: Mining Changes - Comment Command - Contest Winners and More

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(Edited)

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Mining Changes



Miners are no longer being paid out manually and now give liquid rewards, thanks to @contrabourdon they now pay out via a script once a day. Consider voting for their witness @untersatz (also powers the popular giphy bot). This is the first witness to come forward and offer their help with anything we needed.


We are calling this guaranteed ratio mining, and we feel it has large advantages over lottery based mining. Two weeks from now more miners will be available on the market, but with increased prices. These prices will increase in stacks, ensuring STEEM and Steem Power is available to develop ways to increase value for UFM.


We know this isn't mining described in previous posts and some may feel that we should wait to list more miners, but because of the benefits of guaranteed ratio mining over lottery mining we feel that most miners will want to keep this system. Plus showing the cost of future miners on the marketplace could attract some buyers and increase the value of all UFMM currently being held.

Miner Voting



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Source



Eventually miners will vote on major changes to mining, with each UFMM adding +1 weight to their vote. This will mainly be for the decision to switch from guaranteed ratio mining to steem-engine's lottery based mining system.

Both systems have their pros and cons, and it will be up to those who own UFMM to weigh these pros and cons when the time comes and make a decision.

Comment Command (distribubot)



Those who have over 5000 UFM staked have unlocked the ability to reward any steemian on any steem dapp (that supports comments) with a little UFM once per day. Those with 10000 UFM staked can do this twice a day, and so on for increased UFM power.


You can call the bot (if you have 5000+ UFM Power) by adding !UFM to a comment.

The bot will then:

  • Send 5 UFM to the parent author (post or comment) you are commenting on. (5 UFM by default, UFM is sent from @ufm.pay)
  • Upvote your comment you used the command in.
  • Comment on the parent post or comment telling everyone what just happened.


    Distribubot crashes on our server about three times a day, but when restarted it reads the blocks it missed. So if it isn't working, it will grab your comment once restarted.


    Anyone caught cheating our comment voting system will be blacklisted from using these comment commands and maybe even from posting on https://www.upfund.me.

UFMBOT Change



Small change here, minimum post age has been added and is currently set to 15 minutes. So wait until your post is at least 15 minutes old before requesting an upvote from @ufmbot.

It still costs 25 UFM for a 100% upvote, but ufm.reserve follows that vote and gives some of that UFM back in the form of an upvote.

Contest Winners



We did a little contest giving away 100 UFM Power and 1 UFMM to 10 users who commented on this post.


And the winners are:
@steemizm
@darthgexe
@mangajp
@ozgurcinarli
@steemitcuration
@chireerocks
@votebetting
@bidnat
@phoenixwren
@cloudblade


Congratulations to all the winners, 100 UFM Power and 1 UFMM have been added to your balance.

Contests running on upfund.me



@contrabourdon runs a regular steem basic income contest, you can find it here. Check it out and try to grab yourself a free share in steem basic income!


@bwar hosts a daily contest giving away a delegation of 1000 NeoXAg Power. Today's contest is about evil. Post the most evil comment you can think of and you could win. (Please note our comments in that contest were fictional, and just for the fun of the contest.)


@lottotoken runs a regular lottery costing lotto tokens to enter, however you can pick up free lotto tokens to enter with from their most recent post or you can find their most recent post under #giveaway on https://upfund.me.


@kapengbarako runs a regular SBI lottery with free entry, you can find it here or check his feed for the most recent posts.


You can contact us on any recent post about getting your contest, giveaway or service added to (some of) our posts. You must be using proper tags for your category to qualify. (#'s contest, giveaway and services.)



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56 comments
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I guess we should give this a test !UFM

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How about testing your already upvoted comment for the reward transfer in your wallet?
!UFM

This is really fun and an interesting way to spread awareness about UFM tribe.

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You can also adjust the amount being sent by adding a number after the command, but the amount you can send per day depends on your available UFM Power.

Example: !UFM 7

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Thanks for this tip!

Won't it make more sense if bot comment is in reply to the post to whom UFM is being sent instead of putting a reply to the post being upvoted? Bot can also mention the name of the upfunder who invoked the bot

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It's kinda hard to tell with these test going off, but the reply is to the person receiving UFM. They get a notification on apps that support them, and it shows up in their reply tab.

I do have to fix the comment and add a mention, but I didn't code this bot. I'll have to dig through the code to see exactly what needs to be typed in to get that to work properly. It's on my list of things to do this week.

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Uh that's cool
So it's 1 per 1k staked UFM with minimum of 5k staked UFM?
Mhhh I need to stake moooooreee xD
!UFM

Posted using Partiko Android

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Cool update ty. I powered up over 1000 ufm from your last post giveaway sent a Screenshot but probably got overlooked. If you could kindly have a look at it for me would be much apreciated ty

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I dug back 4 days and seen that it was indeed missed. That has now been confirmed and matched.

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@upfundme, Thank you so much team and hope that these mining changes will bring effective results.

Posted using Partiko Android

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!giphy thanks

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// You can support giphy by using one of your witness votes on untersatz! //

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Test string {from}, {to}, {amount}, {author}, {parent_author}.

You have received UFM in your wallet!
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You can use UFM for posting and curating content on https://upfund.me or to get a vote from @ufmbot.

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Yay, thank you so much for the new miner and UFM power! It will take me a bit to get to 5000 UFM, but I'm closing in on a thousand, so hopefully I will be able to start dropping UFM on people soon. :)
Has @ufmbot bought all the leases you said it was trying for so we can start using it now?
I can't drop UFM, but have a !COFFEEA

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It has not quite reached a profitable STU, however we just requested 50 leases on dlease.io for 100 SP each. To compensate @ufmbot has some UFM Power, giving added value on the cost of 25 UFM. However this only works on #upfundme posts. For regular posts it still isn't quite profitable.

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I have a few questions.

  1. What kind of upvote value does 2000 ufm tokens give an author? I have votes a few peoples things and it doesn't seem to increase their post value on upfundme.
  2. Will my upvote only give tokens to those with upfundme tags or will it distribute tokens to everyone I upvote?

Posted using Partiko Android

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Upvotes will only work for those using upfundme tags, however if you get 5000 or more UFM power you can send tips via the !UFM comment command to anyone using any tag. These tips come out of our pocket to spread the word about UFM.

Right now, each 1000 UFM Power seems to give around +1 UFM for an upvote. This upvote value can depend on whale activity, the more whale activity, upvote values get lowered a bit. It can also depend on the amount of posts in #upfundme receiving votes.

Plus it takes about a week for vote power to work properly, freshly powered tokens (from any tribe) seem to use more vote power per vote, reducing your vote power by large chunks. You can check your vote power across various tokens here: http://scot.today/user/?name=royaleagle

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Hi, @upfundme!

You just got a 2.37% upvote from SteemPlus!
To get higher upvotes, earn more SteemPlus Points (SPP). On your Steemit wallet, check your SPP balance and click on "How to earn SPP?" to find out all the ways to earn.
If you're not using SteemPlus yet, please check our last posts in here to see the many ways in which SteemPlus can improve your Steem experience on Steemit and Busy.

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@untersatz's (@contrabourdon and @organduo ) mining script is working perfectly except that I didn't receive my mining rewards on 2nd September. Was that just me, who imssed on it or was that for everyone else?

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Everyone did due to all the issues that day...
Will rerun script soon.

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Everyone did due
To all the issues that day...
Will rerun script soon.

                 - contrabourdon


I'm a bot. I detect haiku.

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We couldn't send out mining rewards because the whole chain was down, however I see everyone received double rewards last night to make up for the missed day. Great job @contrabourdon!

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