Project Update: Sustainable Yields, Long-term Growth, and New Coming Weekly Activities!

in #steem22 hours ago

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Dear Steemians and amazing delegators of the Steem Seven & Speak on Steem family,

First of all, we want to thank each and every one of you for your continuous support. Thanks to your trust, our project has grown significantly reaching the 800k SP in a few weeks, and we are incredibly proud of the community we are building together.

As part of our commitment to transparency and the long-term health of our project, we recently conducted a deep financial audit of our daily operations.

The Need for Sustainability

We realized that our previous payout rates (which were offering up to a ~16% APR) were mathematically unsustainable based on standard Steem blockchain curation rewards. Operating at a daily deficit is a risk we are not willing to take, because our main goal is to ensure this project remains a reliable, profitable, and secure place for your delegations for years to come.

To adapt to the reality of the market and protect the project's liquidity, we are updating our daily payout tiers to a sustainable model.

Our New Tiered Payout System (Per 1000 SP)

We have carefully designed these new tiers to ensure fair distribution while keeping the gamification aspect alive—the more you delegate, the higher your rate!

  • Tier 1 (500+ SP): 0.12 STEEM
  • Tier 2 (5,000+ SP): 0.18 STEEM
  • Tier 3 (10,000+ SP): 0.22 STEEM
  • Tier 4 (50,000+ SP): 0.30 STEEM

More Value for the Community: Weekly Activities! 🎉

This financial restructuring isn't just about fixing a deficit; it’s about evolution. By stabilizing our daily payouts, we are now able to allocate a healthy portion of our daily revenue to fund new Weekly Activities! Starting soon, we will be launching dynamic contests, community events, and special curation dynamics. This means that while our passive liquid returns are now adjusted to market realities, you will have exciting new ways to engage, participate, and win extra STEEM rewards every single week!

We believe that a strong project is one that balances passive returns with active community engagement. We are excited about this new chapter and confident that these changes will make our ecosystem much more robust.

Thank you for being the backbone of this project. If you have any questions, feel free to drop them in the comments below!


Steem on!

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Upvoted! Thank you for supporting witness @jswit.

Sounds okay if your calculation suggests you so. I will continue with my delegation, hoping it will bring stability to community account.

Hey... so this isn't right - I delegated to you because you promised one thing, and then you change the rules? this is not good

You are right - We have decided to apply this changes from Sunday 12 th April.

Thanks,

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