MinnowBooster - You can now use both STEEM and SBD to Promote your Posts in 2019!
Happy new year from @MinnowBooster! As the year starts to build momentum and the crypto engines begin firing again, BuildTeam, the decentralized organization behind @MinnowBooster has a new and exciting change to our service that we'd like to share with you today.
You may already know this but one of the most requested features for Minnowbooster in 2018 was the ability to accept STEEM for upvotes in addition to SBD.
This required quite a few complex coding changes to our system, but our developers chipped away at this goal and finally, we have "cracked the nut", so to speak, and have made it happen!
We are proud to announce that you can now purchase upvotes from MinnowBooster with STEEM in addition to SBD!
How Do I Promote Posts Using STEEM?
Upon sending STEEM to MinnowBooster with a post URL, payment is converted to SBD at market rate (+1% safety fee) automatically and then you receive memos with the following information - conversion rate, refund amount and upvote info.
This feature has just rolled off the production line, so you'll be among the first to test it!
What does this mean for Vote Sellers and delegators to the MinnowBooster bot?
Other bots that accept both STEEM and SBD normally pay their delegators in both STEEM and SBD depending on what currency is received, if STEEM is the most popular amongst users then most likely delegators would receive STEEM most of the time. With MinnowBooster we instantly sell the STEEM payments to SBD in the internal market so delegators and vote sellers will still only receive SBD payments.
Earning in SBD can be said to be preferrable to earning in STEEM because you can use the conversion tool available on sites like steemworld.org (Balances menu) to ensure that you always convert 1 SBD to 1 USD worth of STEEM over a 3.5 day period and thus always maintain the proper value of your earnings.
Also the fact that we instantly sell STEEM for SBD creates additional demand for SBD and supports the peg which should be 1:1 with the USD.
Please give this feature a shot and let us know what you think in the comments section below. Happy posting!
BuildTeam is one of the few service providers on Steem that runs and maintains its own RPC servers. Maintaining this infrastructure is expensive. If you want to support the growth of Steem network outside of Steemit.com, consider using some of our services, this helps to pay the bills, keeps the machines running and helps us incubate great developer talent within BuildTeam. The easiest and most effective way to support BuildTeam is to delegate to Minnowbooster or enable vote-selling within the https://minnowbooster.net user settings. For other options to help BuildTeam secure and grow the Steem community, contact Steem witness @thecryptodrive.
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We are always looking to improve @minnowbooster and try to keep you up-to-date whenever something changes. If you have any suggestions about what we should change or add to @minnowbooster, then please drop by our Discord server and let us know!
@thecryptodrive (witness), @cryptomancer and @reggaemuffin (witness)
How delegation to Minnowbooster is helpful. ?? Can you help me clear....is it the delegator get upvote in return or there is fixed monthly pay?
Posted using Partiko Android
Well, Steem Power delegators to Minnowbooster increase its vote value and receive a corresponding profit share on the next day from the previous days profits, paid out in SBD daily, to the delegators Steem wallet. Consider it an easy and passive way to increase your SBD stack :)
But how it works..currently SBD is not in printing...and payouts involve no SBD
Posted using Partiko Android
SBD is not printing because there is quite much of it to go around at the moment. The payouts come from Minnowbooster and we have enough. And everybody needs some SBD, to use as internal currency for various transactions.
Indeed that's true @furious-one but with falling Steem I see it a great opportunity to convert SBD into steem....and also MB helps in stacking some....can you help with approx calculation....though I do not have much but still how much 100 sp would get me..I will calculate accordingly
Posted using Partiko Android
It varies greatly every day, but you can check the account of @thecryptodrive - he delegates 1000 SP exactly. That should help you get an idea
Hi @steemflow, Minnowbooster offers several services, Delagation services, Upvote buying , Steem Monster bot etc however, the above article is purely regarding our Upvote bot whereby you can now send steem to us with your post URL(not older than 48 hours) and we will get your Steem converted to SBD and we will upvote your post with the same value +5% for a normal user and +10% for a whitelisted user.
If you need any other information or questions , please come chat to us on discord , link for discord is in the article above.
I know @trev03 and I am also among the whitelist member with MB. But the declining prices has stopped me to use bot services much..... but I have few sp to delegate to earn some extra bucks ....so was looking for some option....I need to check on the calculation though for example ..how much 100 sp would get me sbd? ..
Posted using Partiko Android
This is so awesome that you can use Steem or SBD's! Thanks!
So nice that you now take Steem way to go👍
Resteemed 🤗
I am still unclear about converting 1 SBD to 1 USD worth of Steem over 3.5 days. Is there a video about this, or can someone explain this thoroughly Thank you!
Uh finally, that is a great feature.
When selling votes I still get sbd instead of steem?
Posted using Partiko Android
Yes, you get still sbd because the incoming steem is sold at the internal market.
Great work guys I was saying this very thing to a moderator on the minnowbooster discord channe a while backl ! I am so happy to see this change come about ames real sense ) thanks@minnowbooster and a very Happy New Year to you All ! Resteemed !
yes.... yes yes yes.... i have been waiting for this forever..... one question though, when we will be able to pay with steem through minnowbooster website? because i don't see any steem payment option....
I've missed using @minnowbooster to promote my posts! I'm glad that this is a possibility now! Thank you for finding a way to do this!
Congratulations @minnowbooster!
Your post was mentioned in the Steem Hit Parade in the following category:
Oh wonderful news