The First Curation Reward Dividends were paid out early this week to all shareholders that have at least 11 Shares and we are ready to move on to Level 18! The program continues to also increase it's Tribe Token holdings giving al shareholders some extra value if their content fits these tribes.
| - | Tribe | Currently Staked | Steem Value | Multiplier |
|---|---|---|---|---|
 | Steemit | 4515 STEEM | 5600 STEEM | 1x |
 | Steemleo | 500 LEO | 75 STEEM | 5x |
 | Sportstalk | 45000 SPORTS | 60 STEEM | 3x |
 | Palnet | 704 PAL | 54 STEEM | 2x |
PLEASE DON'T USE TAGS ON POSTS THAT DO NOT BELONG IN THESE TRIBES!
The account has reached 4473 SP unlocking level 18 (See Table) after level 17 opened up about a month ago. This means 50 new shares from the @upvoteshares account that spreads out daily upvotes become available. 39 are reserved and 11 are still available!.
You can always request shares for this level in case some don't take their reservations up. It's also possible to already reserve shares for Level 18.
| - | 50 | Available Shares |
|---|---|---|
| Share Price | 4.280 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 | 4.580 STEEM | The total Steem for 1 Share |
Level 18 Reservations
| Account | Reserved Shares | STEEM |
|---|---|---|
| @meesterboom | 10 Shares | 45.8 STEEM |
| @costanza | 5 Shares | 22.9 STEEM |
| @sportfrei | 5 Shares | 22.9 STEEM |
| @glastar | 2 Shares | 9.16 STEEM |
| @mango-juice | 2 Shares | 9.16 STEEM |
| @jlordc | 2 Shares | 9.16 STEEM |
| @abh12345 | 2 Shares | 9.16 STEEM |
| @braaiboy | 2 Shares | 9.16 STEEM |
| @romsekie | 2 Shares | 9.16 STEEM |
| @thedarkhorse | 2 Shares | 9.16 STEEM |
| @pifc | 2 Shares | 9.16 STEEM |
| @byebyehamburgers | 1 Share | 4.58 STEEM |
| @fullcoverbetting | 1 Share | 4.58 STEEM |
| @bashadow | 1 Share | 4.58 STEEM |
| Total | 39 Reserved Shares | - |
The ones who have a reservation can send the required steem to the @upvoteshares account with the memo
Payment Level 18 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 confirm when your shares have successfully been assigned in the comments below where you can also let me know who you want to give your sponsorships to. In case you don't have the Steem directly available confirm your reservation in the comments and send it later on (before 10/10/2019). If you don't want to take up your reservations also let me know if possible so they can be taken up by others.
Level 18 Schedule
Thursday 03/10/2019 Upvote Shares Level 18 Available
Monday 07/10/2019 Upvote Shares Level 18 Sold Out!
Friday 11/10/2019 Upvote Shares Level 18 (100% Complete)
The program will buy-up any unsold shares which will increase the returns for all shareholders even more.
| 1 Daily upvote from the @upvoteshares Account | This for as long as this project runs. (the 4.280 STEEM Share Price can be claimed back in case the project ever ends or sold at any given time!) |
|---|---|
| Tribe Upvotes | 704 PAL-500 LEO-45000 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 or be given away by hosting a Contest. Only accounts with roughly around <5000 STEEM or that currently have between 1 and 8 sponsorships qualify. Current sponsorship count can be found on the @minnowshares account in this post. |
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 17 Price = 4.280 STEEM | Minimum Powered Up SP in Account = (4.280 STEEM x 950 SHARES)x1.1 = 4473 SP ]
Each share represents an equal minimum daily voting % from the account that can be calculated. For Level 17 this is 1000% / 950 Shares = 1.05% 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 returns quite a bit already!(see numbers).
To compensate for the 50/50 curation rewards that were introduced with HF21, this program now also pays out Curation Dividend Rewards. More info on those can be found here. There is a minimum of 11 Shares needed to get curation rewards and there is a multiplier making them higher the more shares someone has. All this is done in a very reasonable and fair way.
The account currently has 5600SP and the upvote percentage for each share will be set at 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 both existing and new 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.
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 8 Minnow Shares over time can claim 1 Upvote Share. (There were 50 reserved in level 0 and more in later levels). There will be a ~10 day delay for Minnow Shares to start spreading out upvotes so everyone has enough time to choose who they want to sponsor or organize a contest.
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.
Make a reply with a request in this post if you want to get in ad I'll let you know if anyone doesn't take up their reservation. It is also always possible to reserve shares for the next level or to be added on the auto reservations list like many which is the most optimal way to get in.
Hey there,
Was out of town when the original announcement post was made and so I missed it... Thanks for the comment reminder \m/
STEEM transferred for 2 shares...
Please assign the 2 x shares to @incubot instead of to my personal account and please assign the 2 x minnowshares to @braaib ... not posting yet... but will start soon ;-).
Steem for ten shares transferred!
Thanks @meesterboom
10 Shares [Share 901 -> 910] have succesfully been assigned. Feel free to let me know who you want the sponsorships to go to befrore 11/10/2019. You now have 19 Shares and your upvote % has been increased to 57%. You will also start receiving the curation reward dividends each time a new level is about to open up.
Hello there! I'd like to get 2 more shares this week. Please reserve those for me while I collect the Steem for the payment. OK?
Done @trincowski, I allready assigned them to you [Share 911 & 912]. Feel free to send the Steem whenever you have it (if possible before 11/10/2019). and let me know who you want to sponsor. You now have 39 share and will stay at 100% upvotes while the curation reward dividend multiplier increased for all your shares from 7.4% to 7.8%
Thank you. I've just made the transfer. I'd like to sponsor @doze and @zanetaviz for the @minnowshares program.
Many thanks @trincowski :)
Eleven shares remaining from the reservation minus two for trincowski so there are nine shares left. I'd like to take the nine shares please.
Done @macoolette, I allready assigned them to you [Share 913 -> 921]. Feel free to send the Steem whenever you have it (if possible before 11/10/2019). and let me know who you want to sponsor. You now have 67 share and will stay at 100% upvotes. The curation reward dividend multiplier increased for all your shares from 11.6% to 13.4%
Thanks
I have transferred the payment. Let me get back to you for the minnowshares distribution.
Thank you again for putting every up!
Transfer done, sponsor person is @shasta, thank you, and I really appreciated that dividend this week. A very nice add-on.
Thanks @bashadow! The curation Dividends are only a fair thing to do. No matter how much the rules change the goal will always be to make it into a good deal for active shareholders. If somehow that's not possible anymore, the program will stop and everyone can claim their invested Steem back.
1 Extra Share has been assigned to you [Share 922] and the sponsorship has been noted. You now have 14 Shares and your upvotes have been adjusted to 43% and the curation reward dividend multiplier increased from 2.6% to 2.8% on all your shares.
!BEER, Thank you, I do like the votes, the dividend was nice. When the price value of steem goes up and I can return to full voting even on comments all of this will have made that possible.
Command accepted!
View or trade
BEER.Hey @upvoteshares, here is a little bit of
BEERfor you. Enjoy it!Initial impressions were we had a few left over @upvoteshares, but very exciting to see current shareholders "step up" to quickly stake their claim to those remaining. Nice!
Right now it's not really that much of an issue if shares don't sell out. It's fairly easy to earn steem now with the price being so low so I'll just buy up the unsold ones and burn them which increases all the upvotes for all active shareholders. If the time comes when it's needed, I'll put some more effort in getting the word out.
Thanks @upvoteshares! A hug.
:-) You are nearly at enough sponsorships to get another free Share @celinavisaez. I'll make sure you get there !
Gracias @upvoteshares! Muy agradecida con su apoyo, un fuerte pero cariñoso abrazo.
Steem Sent! Thanks once again!
Sponsoring @fullcoverbetting :)
Thanks @jlordc!
2 extra shares [Share 923 & 924] have succesfully been assigned to you. Feel free to let me know who you want to sponsor, otherwise I'll assign the same sponsorships as last time. You now have 37 Shares and your upvotes remain at 100%. The Curation reward dividend multiplier has gone from 7% to 7.4% for all yourshares.
5 Shares [Share 926 -> 930] have succesfully been assigned to @sportfrei. Feel free to let me know who you want to sponsor before 11/10/2019. You now have 10 Shares and upvotes have been increased to 30%. You are 1 share short before starting to receive Curation reward dividends each time a new level opens up.
Thanks
Done my transfers!
Thanks @glastar!
2 extra shares [Share 936 & 937] have succesfully been assigned to you. Feel free to let me know who you want to sponsor, otherwise I'll assign the same sponsorships as last time. You now have 52 Shares and your upvotes remain at 100%. The Curation reward dividend multiplier has gone from 10% to 10.4% for all your shares.
I would like to sponsor @trydice.
Thanks!
Posted using Partiko Android
Congratulations @upvoteshares! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :
You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOPVote for @Steemitboard as a witness to get one more award and increased upvotes!
5 Shares [Share 938 -> 939] have succesfully been assigned to @abh12345. Feel free to let me know who you want to sponsor before 11/10/2019, otherwise I'll just assign the same as last level. You now have 24 Shares and upvotes have been increased to 76%. The curation reward dividend multiplier increased for all your shares from 4.4% to 4.8%
Thanks
Steem transferred for 2 shares. Thanks! :)