MAP Rewarder: MAPR Update 23 July 2022
MAPR is now in hibernation until further notice.
Delegators should undelegate, and MAPR holders should sell their tokens.
It is imperative that members read this recent announcement.
The posts about MAPR will continue on an ad hoc basis, possibly monthly.
I am calling this "hibernation" rather than just "closing down" as there is some active SP left. However, the whole fund is now too small to be hugely profitable given the current Steem economics. But that may change in the future, so anybody interested in continuing to participate may do so with a new minimum delegation of 1,000 SP. Those above 1k SP will receive weekly payouts, but the bonus tokens have been discontinued. The MAPR token was always an accounting method; when MAPR started, it paid out weekly in liquid STEEM.
My concern now is that Steem-Engine is almost void of activity; the daily volume has dropped to under one Dollar! There is a modest amount of STEEMP there, just to show that buybacks are still available. I understand that some people have issues logging-in, and all I can suggest is to seek advice in their Discord channel as there is a standalone version of Keychain available.
Any issues, please leave a comment, and I shall respond eventually - please do not expect a prompt reply.
I have now removed the MAPR fund financial data below as it is now irrelevant.
General Info
The old rules and simple explanations can be found here. Please read it, and links within it, before asking the obvious. As of April 2022 the minimum delegation is now 1,000 SP.
MAPR: The Numbers
MAPR News
We now have only about 1,000 MAPR tokens left in the hands of members. The buyback price will continue to drop until we reach 0.80 STEEM. It really isn't my responsibility to hold on to tokens for ever.
Also note that open orders expire after 30 days on Steem-Engine, so grab the best open price before it disappears.
A longer discussion can be found at the last rewards distribution post.
And finally, although our weekly returns are variable, here is a graph of how the token price has been performing since the MAPR token was launched. (Thanks to @gerber for the discord-bot.)
As this is now a historical graph, as the app that generates it no longer works, I shall keep it as a monument.
I hope you all survive 2022!
[BUY MAXUV] - [READ MAXUV]
[BUY MAPR] - [READ MAP REWARDER]
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