Upvote Shares Level 20 Available...
@upvoteshares is a project from @costanza that aims to provide Daily Upvotes based on a fair model that is proving to be sustainable and scalable over time. This Project is mainly aimed towards Steemians with a long term mindset. The model mechanics are better explained here and Curation Dividend Rewards were introduced recently to overcome the 50/50 Reward Split gap recently.
If you are not fully up to date with this project, I highly recommend reading all the details in the links above.
Quality Control
This project since the start has had both minimum content quality and SP investment requirements in order to be part of it. So far this never really has been an issue and only a notice has been sent out in regards to lazy Actifit posts. With everything that has been happening with downvote squads, I want to make sure the model of this project does not get under fire and will be keeping a closer eye out for content that can be considered a 'vote farming operation'.
BASIC CONTENT QUALITY REQUIREMENTS GUIDELINE
Each post should have something Unique or Personal. This can be the main thumbnail image, post title, content itself, the purpose of the post,...
| - | Tribe | Currently Staked | Steem Value | Multiplier |
|---|---|---|---|---|
| Steemit | 5120 STEEM | 6778 STEEM | 1x | |
| Steemleo | 500 LEO | 113 STEEM | 5x | |
| Palnet | 800 PAL | 80 STEEM | 2x | |
| Sportstalk | 82000 SPORTS | 37 STEEM | 3x |
PLEASE DON'T USE TAGS ON POSTS THAT DO NOT BELONG IN THESE TRIBES!
The account has reached 5082 SP unlocking level 20 () after level 19 opened up over a month ago. This means 50 new shares from the @upvoteshares account that spreads out daily upvotes become available.
| - | 50 | Available Shares |
|---|---|---|
| Share Price | 4.400 STEEM | Can be recovered at any given time by selling the share on the market, but comes with a 0.200 STEEM exit cost which benefits all other shareholders. |
| Share Entry Cost | 0.300 STEEM | Will fully be used to Buy Delegation to slightly increase the upvote worth and allows 1 Minnow Share Sponsorship. |
| Total | 4.700 STEEM | The total Steem for 1 Share |
https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmTBRf3vY3bsMXFXfkSbCsr41EBEDwgT4MxFuvKRYDaoSH/getyou.png
| 1 Daily upvote from the @upvoteshares Account | This for as long as this project runs. (the 4.400 STEEM Share Price can be claimed back in case the project ever ends or sold at any given time!) |
|---|---|
| Tribe Upvotes | 800 PAL-500 LEO-82000 SPORTS is staked by the account which will increase the payouts on posts with that tag! |
| 1 @minnowshares Sponsorship Giveaway | Can be Sponsored to someone by choice. Only accounts with roughly around <500$ worth of STEEM or that currently have between 1 and 9 sponsorships qualify. The current sponsorship count will be updated soon on the @minnowshares account. |
https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmNwUVrEfsxUrpuaqCe1skuqnu218Zrjm81513wYYWtAPn/min.jpg
At any given time, the amount of SP in the account will at least be 10% higher compared to the current share price based on the number of shares. [ Example Level 20 Price = 4.400 STEEM | Minimum Powered Up SP in Account = (4.400 STEEM x 1050 SHARES)x1.1 = 4840 SP ]
Each share represents an equal minimum daily voting % from the account that can be calculated. For Level 20 this is 1000% / 1050 Shares = 0.95% Upvote.
This is the Minimum Guaranteed number in case every single share is active and all daily upvotes are used without counting any of the value creating mechanisms the project offers. The minimum value goes up each time a new level is reached because shares will always become more expensive as the account grows and extra SP is being added each new level. Those who got in on previous levels paid less for each share and have increased their minimum return a bit (see ).
To compensate for the 50/50 curation rewards that were introduced with HF21, this program now also pays out Curation Dividend Rewards. The latest payout report can be found here
https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmW63gV1rgGvMUnihvwFYe39phZnzx6KwKViBJoyy7wnvx/exp.jpg
The account currently has 6778SP and the upvote percentage for each share will be set between 2.8%-3%. Add to that the extra upvotes that are given out from the staked tribe tokens, the Curation Reward Dividends, the fact that the minimum returns for each share increase every new level and it's easy to see how the returns currently for active shareholders are far greater compared to the 10x self-upvote reference. The model that is used which always makes the shares more expensive each new level along with the fact that all unused upvotes flow back to active shareholders make this all possible.
https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmcM1Yng3fhFxm278Nyji13zGk9ndF2oAk2z2tUa4HwpaU/xbenef.jpg
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Every Upvote Share comes with 1 Minnow Share that can be sponsored. The ones that get sponsored get on the auto-upvote list from the @minnowshares account until the next level is reached. Everyone who manages to get sponsored 9 Minnow Shares over time can claim 1 Upvote Share.
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The account of every Shareholder will be followed by the @upvoteshares account, this will help to increase the followers_mvest needed to get/increase busy.org | busy.pay upvotes and also helps to boost your @steem-ua score.
https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmRsMJd32eTf9KpaTv6Xj35Dgr3WfKtXcKoHYxyM694nb9/getin.jpg
Send the required STEEM for the number of shares you want (Shares x 4.700 STEEM) to the @upvoteshares account with the memo
Payment "enter amount of shares" Level 20 Shares, I understand how this project works and agree with all terms and conditions (https://steemit.com/steemit/@upvoteshares/upvote-shares-or-terms-and-conditions)
I will review the request (make sure you have read what this program is about) and grant the shares adding you to the upvote list leaving a message below this post or decline the request and send the Steem back to you along with the reason it was declined. If you are not sure if you qualify or if there are shares left available feel free to make a request in the comments below.
If you are new to this project, feel free to do all the calculations yourself and ask any of the existing shareholders about their experience with this project during the ~20 months it has been running.
@upvotebuilders was another project that provided Steemians with some basic upvotes but shut down recently due to the fact that they got targetted by downvoters. Anyone who was part of that Project that meets the minimum quality requirements and wants to become part of this project as a way to replace the lost upvotes can do so while the entry cost of 0.300 STEEM for each share will be covered by the program this Level!
@steemturbo, @antobrige, @mhm-philippines, @j85063, @ojukwu, @atongis, @shikika, @emergehealthier, @bengy, @tattoodjay, @practicaleric, @actifit-peter, @cflclosers, @grizzabella, @paramimd, @davedickeyyall, @el-dee-are-es, @lyann, @incubot, @definethedollar, @mariannewest, @preparedwombat, @pouchon, @evernoticethat, @jayna, @fiicjames, @cwow2, @kaelci, @arunava, @alvin0617, @minloulou, @honoru, @robertyan, @foodiecouple, @ketcom, @cryptospa, @boddhisattva, @sgbonus, @costanza, @morningshine, @also.einstein, @byebyehamburgers, @theb0red1, @annepink, @silvertop, @elizabethbit, @runridefly, @nuagnorab, @flaxz, @anttn, @d00k13, @frankvvv, @happyphoenix, @krevasilis, @alokkumar121, @treodecimo, @moghul, @onealfa, @improv, @everrich, @profquax, @anroja, @tulwave, @pwny, @jockl, @playdice, @rankmeupclub, @wakeupkitty, @thisisawesome, @pet.society, @fleur, @blueboar3, @fredkese, @desyfit, @aekraj, @hashzone91, @jorgebgt, @rebe.torres12, @bntcamelo, @khan.dayyanz, @priyanarc, @sp-group, @pjansen, @ookii, @velvetlacey, @kharma.scribbles, @rosauradels, @necho41, @cryptoprima, @ninahaskin, @trevorlp97, @justlee87, @dailyspam, @rajib2k5, @shortsegments, @glastar, @trydice, @wongbraling, @tiffany4ever, @bilpcoinrecords, @moeenali, @mushanov, @kggymlife
I will be going through the list above and make a reply to post from everyone that meets the requirements the next couple of days.
List All Shareholders
That's it, I will do what I can to make things go as smooth as possible. Feel free to let me know if I made a mistake somewhere along the way. I will make the next post once Level 20 is complete.
All the earnings from this post will be used to grow the account which benefits all shareholders and helps to reach the next level! Thanks
