Rule Change in #club5050 Tag: Wallet Activity Duration Will Increase from 7 Days to 1 Calendar Month!

in SteemFoods2 years ago

club5050 & 1 Month Wallet Activity.png

Hello Everyone:

Today, I will inform you about an important change to be made in the rules of the #club5050 tag, which was initiated by the steemit team. First of all, I will give you information about the project with the tag #club5050. I will inform you about the rule change that will be made later.

What is #club5050 hashtag?

The project with the tag #club5050 was officially announced by the steemit team 15 days ago by @steemitblog.

The project with the tag #club5050 was started for people to invest in the future of steem.

With this tag, it is desired to increase the amount of SP in the wallets of steemit users.

In Steemit, many users transfer their income to the stock market instead of making SP Power Up transactions, and therefore, the amount of SP in their wallet does not increase even though many users receive votes.

The high amount of Steem Power in our wallet helps to increase our power in steemit and increase the curation revenues that I will gain by increasing the delegation awards and voting support that I will get by delegating to the communities.

Steemit curation team checks the #club5050-tagged posts. But there are some rules by which you can use this tag. I shared these rules with you in detail. Now I will inform you about the rule that will be changed.

Previous Rule

We had to do enough SP Power Up in the last 7 days to be able to use the club5050 tag.

For example: If you have transferred 100 steem from your Steemit wallet in the last 7 days; In order to use the #club5050 tag in your posts, we must Power Up at least 100 SP.

Formulaic Approach:

In the Last 7 Days:

A-) In the Last 7 Days: Amount of Steem+SBD I Transferred

B-) Amount of SP Power Up we have done in the last 7 days

B≥ A

NOTE: The Amount of SBD you transfer is also included.

Currently 1 SBD = 12.18 STEEM

For example, if you made 4 SBD Transfers: 12.18 x 4 = 48.72 & 12.18 x 4 = 48.72 SP Power Up.

#club5050 Rule Change:

In the old rule, we were looking at the last 7 days of activity in our wallet to be able to use the #club5050 hashtag.

With the start of the rule change to be made by the Steemit team, the wallet activity in the last 1 month calendar will be looked at, not the last 7 days.

It is not yet certain when this rule change will start, I will share it with you when it starts.

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Rule Change Example:

For example: If you have transferred a total of 100 steems from your Steemit wallet in the last 30 days; To be able to use the #club5050 tag in your posts, we must have made a total of 100 SP Power Ups.

Formulaic Approach:

In the Last 30 Days:

A-) In the Last 30 Days: Amount of Steem+SBD I Transferred

B-) Amount of SP Power Up we have done in the last 30 days

B≥ A

NOTE: The Amount of SBD you transfer is also included.

Currently 1 SBD = 12.18 STEEM

For example, if you made 4 SBD Transfers: 12.18 x 4 = 48.72 & 12.18 x 4 = 48.72 SP Power Up.

Rule Change Information Shared by Steemit Team

The date when this rule change will begin is not yet clear. I will inform you as soon as the rule change begins. Although the rule change has not started yet, I recommend checking the last 30 days of activity in your wallet. I will share detailed information on how to control it in the next announcement.

As a recommendation: If the amount of steem you have taken in the last 30 days is higher than the SP Power Up you have done, you should balance it in a short time. Otherwise, you will not be able to use the #club5050 hashtag in your posts.

I will also make an announcement about the benefits of this rule change..

club5050rule.png

To Join SteemFoods Club5050 Telegram Group:

By joining the SteemFoodsXClub5050 Telegram Group, you can ask your questions. I will help you as fast as possible...

https://t.me/joinchat/qdF-zXCJ0YgxMGI0

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 2 years ago 

Thank you for this - most useful.

We will be starting this from November 1st so people can begin with their #SPUD4STEEM power-ups.

 2 years ago 

Hi : @steemcurator01

I want to ask an important question.

As of today, the wallet activity time in the #club5050 tag has increased from 7 days to 30 days (1 calendar month). Can I now start checking the wallet activity for the last 30 days when selecting 'Best SteemFoods Posts of the Day' and using the hashtag #club5050?

Most of the users who are entitled to use the #club5050 tag based on their wallet activity for the last 7 days are no longer entitled to use the #club5050 tag based on their wallet activity for the last 30 days. That's why I'm waiting for your reply on this subject and I care a lot about it.

Best Regards...

 2 years ago 

Yes, we are switching to the one month period now.

However as #club5050 was only launched around 2 weeks ago, there will be a 2 week phase-in period for the new timescale.

During this 2 week period there will be some flexibility in balancing power-ups and cash-outs.

To make things easier, can we assume wallet transactions would be taken into account from 15 oct onwards ( almost the time when 5050club was launched). This will happen till 15 nov because it will be one month to club5050 by that time. After 15nov, you would be checking last 30 days history. Right?

Please correct me if I got it wrong.

 2 years ago 

We are checking back one calendar month.

That will reward people who have been powering up more, and cashing up less, even before #club5050 started.

If people are holding any liquid STEEM or SBD they can power that up to get back into #club5050 quicker.

Or they could even buy STEEM on an exchange which would be even better 😀

During this 2 week period there will be some flexibility in balancing power-ups and cash-outs.

I'm reviewing one month back every user in my community who publishes any post (150 weekly) and many of them does not qualify for #club5050 because of old withdraws. Does it mean that if the difference is low and the user don't have any liquid STEEM I can recommend them for booming anyway?

Thank you for the answer!

 2 years ago (edited)

We prefer people to comply with the one month rule.

Ideally they power up any liquid STEEM or SBD they have, and even better if they buy STEEM from an exchange...

I believe the STEEM Economy will grow with the Power-up efforts carried out on a large scale and continuously, this is an effective program in my opinion. Purchasing STEEM from the exchange will have a greater impact on value growth with higher demand than sales.

I will do it in the near future to reach level 2x dolphin

Okay, no problem. That's how I did until now. I will continue making it that way then. Thank you for your quick reply, I appreciate it! ;)

Hola, me gustaría saber si la opción de dos semanas ya no se puede ejecutar, eso lo leí en unos comentarios suyos atrás y muchos Kids de mi comunidad han quedado con esa inquietud.

Gracias.

 2 years ago 

We are now moving to the one-month period.

Gracias así estamos evaluando a su Kid.

Gracias por su respuesta.

Sí hermano, nuestras muchas publicaciones que fueron seleccionadas no curadas por ellos en esas mis publicaciones fueron seleccionadas.

Can I take part in # club5050 This is my power up post and I have made new investments.

https://steemit.com/hive-111293/@farid21/today-1260-704-steem-power-up-with-steem-invest-1146-club5050

 2 years ago 

Thank you very much for the information.

As of today, there are many users who use the hashtag #club5050 in their post and whose SP Power Up amount in the last 7 days is equal or more than the amount of steem they have transferred. On a monthly basis, most of them do not have the right to use the #club5050 tag. Can we continue to vote and select the posts of these users?

Some users, on the other hand, have the right to use the #club5050 tag in their posts from 7 days to 30 days (according to a 1-month calendar) according to the wallet activity period, but they have not Power Up in the last 7 days.

The two situations above made me a little hard on voting support and information with comments.

As a recommendation we can fully switch on November 15th and check #club5050 hashtag based on last 7 days of activity for the moment until November 15th. If the date is clear, users will be able to balance their wallet activity until November 15 to use the #club5050 hashtag.

Your answer is very important on this subject, thank you very much for your interest...


Best Regards... @steemcurator01

 2 years ago 

We are checking back one calendar month.

That will reward people who have been powering up more, and cashing up less, even before #club5050 started.

If people are holding any liquid STEEM or SBD they can power that up to get back into #club5050 quicker.

Or they could even buy STEEM on an exchange which would be even better 😀

Hello @steemcurator01

For users who were holding Liquid SBD and Steem even before the start of October and they powered it up completely for #club5050 making the powerup ratio way above 100%
Do these users have the same probability of getting rewards?

 2 years ago 

Every one that is meeting the one month rule for #club5050 has the same chance of getting a vote...

Since we're in the start of November and it would take time for the transition from 7 days to a month, will you still be checking PowerUps in the last 7 days?

Also, people, including me, have powered up considerably large amount of steem on the 1st. Would that be counted according to the new rule of #club5050 ?

I have high commitments as well as hopes on this platform. If you ever check my wallet transactions, you'll be able to see that the last time I cashed steem off steemit was a couple of months ago.

Now that CryptoAcademy is dormant for a couple of weeks, I will be looking for alternatives to build that steem power.
Thank you

Cordial saludo. Espero que te encuentres excelentemente bien. Tengo unos meses de inactividad (publicar post); sin embargo, he mantenido la cuenta activa comentando y votando algunas publicaciones sin hacer algún retiro de la billetera; mi pregunta es: Puedo hacer uso de la etiqueta y tener oportunidad de curación por #club5050?

Gracias por tu amable atención, espero con paciencia tu razón...

Feliz día

 2 years ago 

Saludos amigo, que bueno que así se aclare ya este punto que a muchos nos tenía confundidos! Seguiremos apoyando a #club5050.
Esperemos las nuevas reglas y pautas para poder usar la etiqueta en nuestras publicaciones!

 2 years ago 

Es un información súper importante para todos los que estamos activo en el #club5050

So helpful. Thank you so much!

 2 years ago 

Saludos a todos, hice mi último encendido del mes de Octubre, ya que el pago de mi última publicación fue antes de culminar el mes, mi publicación la realicé en la comunidad, espero no esté mal.

Don't victimize yourself as a Nigerian. Focus on creating original and quality content and upvotes would come. An advice from a fellow Nigerian.

Hello
I am new here and I want to join this project and share my strength . I don't know how it's done and would be happy for you to point me to a link or post where I can implement this #club5050
Thank you

Thanks for kind and beneficial information. I know about club5050 today by this usefull post.

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