Sort:  

I decided to "cut my losses" and I un-delegated already. I have quite a bit of steem power coming back to me next week and was testing this out with hopes it was legitimate. My intuition says "get out". I can earn more selling my voting power through Minnowbooster than getting zero through this guy. or for that matter upvoting my followers with more steem power at my disposal.

I will monitor this post and see if any other information comes to surface. Or if an explanation can be given..

Good luck to you. Do not wait too long to "cut your losses"

Hi r2 -- the process takes 24-48 hours once you start your delegation. The process is automatic and its the same for all bots. If after 48 hours you are not getting daily payouts please let me know.

The % for each bot however is different. Of the 100% your earning percentage is 90% (which is very competitive with minnow booster and all of the other voting services). Thanks again for your delegation!

This is the first I heard of waiting up to 48 hours...Too late I am out. I have been taken advantage of too many times on steemit. So I undeligated to protect the little I delegated to test this out.

Now I am out of using my SP for 7 days but you get free use of it without paying. hmmmmmmmmmmmmm don't like that

So does what @joeparys says below add up to your experience @haraldsylwester?

I did finally get paid for 1 day but in running the numbers the rate of return is 17.08% apr (annually) ...that is a long way from 80%. It actually is a bit less because I delegated SP and was paid in SBD. I ran the number a couple of times and getting paid in SBD it is 13.25% return. What is wrong with this picture??

I did the right thing in un-delegating my 500 SP...

There is a lot that is not on the up and up here. Everyone take heed. I do much better via Minnowbooster