STEEM Power Investments Club Vote #012 Results and Club Vote #013 Now LIVE - PLEASE VOTE!!
Hello to all spinvest members abroad! Last weeks vote has been counted and vote weights have been tallied. The vote was well dispersed across the 3 STEEM options available for our next off-chain investment in Bitcoin. Here is a rudimentary table with vote weights summed together for each option of STEEM for our next off platform investment.
| STEEM Value | 1,500 | 2,000 | 2,500 |
|---|---|---|---|
| Summed Vote Weights | 10 | 12 | 15 |
From the table, we can see that it was a close race for all 3 options, but 2,500 STEEM was the winner with a total voting weight value of 15. With that said, the vote weights have been added, checked and double checked to ensure the numbers are all correct.
Our next off-platform investment will be 2,500 STEEM invested into Bitcoin. The price has been on the rise as of late, but anything under 10k is still a pretty good price to buy-in. This investment will only add to our growing BTC Celsius wallet, earning interest, and helping our off-chain investment portfolio grow slowly (right in line with our motto). @spinvest main acct. will provide updates accordingly with how this off-chain investment proceeds. Please stay up-to-date with posts as they are being placed on the immutable blockchain on a daily basis. There's a lot happening with @spinvest and branch accounts @spinvest-leo and @spinvest-neo (thanks @silverstackeruk; @jk6276; and @underground for all the hard work!)
This weeks vote will be centered around whether or not we add an addition to the original SPinvest partnership agreement. The vote will be a simple yes or no vote; however, the premise behind this addition stems from an issue we have been having with members taking advantage of the system (the same reason we decided to add the 99.99% buyback wall).
P.S. Thanks to @everyone that helped build that wall!!
There has been some instances where members have tried, attempted, and successfully taken advantage of bonuses through trading loopholes. For example, if spinvest were to offer a bonus, say 5%, on all token sales to confirmed members, then someone could then turn around and sell the SPI tokens they bought plus the bonus for a small turnaround profit. Since we recently added the 99.99% buy wall, spinvest would be subject to an immediate loss of 5 STEEM. It doesn't seem like a lot, but as more people become interested in SPinvest, join as confirmed club members, and begin to exploit these potential loopholes, then 5 STEEM could easily turn into 500 STEEM or 5,000 STEEM over a greater period of time.
In order to prevent this from happening in the future, we shall vote on whether or not we add an addition to the partnership agreement. The addition would help mitigate these concerns from happening in the first place and also help spinvest expand growth potential by not losing out on a few STEEM here or there, adding up to a larger sum over time.
Club vote #013:
Should SPinvest add that official and confirmed club members are strictly prohibited from abusing, in any way; shape; or form, and taking advantage of spinvest through trading, buying and then re-selling, or any way thereof, which inherently hinders, harms, or damages the entirety of the investments club for reasons pertaining to personal profit?
Club Voting Rules
-Confirmed SPI club members only -1 vote per member -Your vote must be cast as a comment to be counted -Voting more once will result is no vote -Voting will last for 7 days until post payout
How to Vote
In the comments below, there will be comments by @spinvest-votes. Each comment will contain information about each selection. To cast your vote, please leave the reply "Confirmed SPI member" to your selected option. There is no need to upvote but i can't stop you. Remember, it's as easy as 1,2,3
-Make your mind -Find your selection in the comments below -Leave a reply with the wording "Confirmed SPI member" to cast your vote
Here is a list of current confirmed club members:
If your name is not on this list, then please let me know in the comments below so I can add you to the growing list of community members
