Actifit Daily: 780,000+ AFIT Tokens Burnt! (& Our Daily Updates)

in actifit •  5 years ago 

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780,000+ AFIT Tokens Burnt!

Earlier this week, we announced that we will be burning AFIT tokens as per our normal process on the 25th of each month.
Our projection based on the amount available back then under @actifit.s-e account was at around 495,000 AFIT tokens.

During the course of the week, many additional transactions took place with users moving over AFIT tokens from steem-engine to their actifit wallet (which allows them to increase their user rank and/or buy items on marketplace), which resulted in almost doubling the amount of AFIT tokens available under the actifit.s-e token, whereby the account had around 787,508 AFIT as of this morning.

So today, we went ahead and performed our burn action, and the account had the total AFIT amount available sent to null, resulting in burning 787,508.11070555 AFIT tokens. This decreased the circulating supply on steem-engine from 8.62M down to 7.83 M.

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A couple of clarifying notes on AFIT token burn event:

  • The event did not / does not affect your own tokens in any way possible, whether the ones available on S-E or on your actifit wallet.
  • Burning is a measure taken by many projects, the purpose of which is to limit the circulating supply of a token, which normally reflects positively on the token price based on scarcity and demand.

Top Daily Actifitters

Our latest voting rounds included 712 rewarded reports.
Below are the top 20 actifitters from this round. Well done guys !!

RankActifit MemberUser RankActivity CountAFITs Rewarded@actifit UpvotePost Link
#1@actifit-peter71.301085088.825 Tokens25.49%post
#2@actisam27.60942587.8 Tokens1.04%post*
#3@actifit-peter71.301581584.825 Tokens25.16%post
#4@practicaleric54.501911284.625 Tokens1%post
#5@practicaleric54.501938184.625 Tokens1.1%post
#6@roger512084.242337784.06 Tokens25.16%post
#7@silvertop67.822168983.955 Tokens25.43%post
#8@flaxz46.311402880.5775 Tokens1.04%post
#9@bucipuci46.162109580.54 Tokens1.04%post
#10@roger512084.243134780.06 Tokens25.38%post
#11@elizabethbit67.831878079.9575 Tokens25.37%post
#12@pjansen67.401173779.85 Tokens26.37%post
#13@mariannewest49.501124979.375 Tokens0.94%post
#14@mariannewest49.501006379.375 Tokens1.03%post
#15@tattoodjay55.561809678.89 Tokens25.09%post
#16@tattoodjay55.562341678.89 Tokens25.36%post
#17@silvertop52.822007378.205 Tokens25.09%post
#18@elizabethbit67.831530775.9575 Tokens25.06%post
#19@cryptospa59.001764975.75 Tokens0.98%post
#20@onealfa78.201004575.55 Tokens25.32%post

A kind reminder to all actifitters: some versions of esteem app still cause issues when used to edit your reports, via removing essential info Actifit uses to identify proper reports. This prevents related reports from receiving rewards.
Until this issue is officially fixed via the esteem team, we advise that you use other Steem interfaces for editing, including our own actifit.io, steemit, busy or others.

Doubled UP Rewarded Actifitters

Today's Random Double Up Reward went to @actisam & @starjewel!
This lead to doubling up the AFIT token rewards and the STEEM upvote value.
Congrats! & Don't forget to claim your "Lucky Doubled Up" badge on your actifit.io profile page.

RankActifit MemberUser RankActivity CountAFITs Rewarded@actifit UpvotePost Link
#2@actisam27.60942587.8 Tokens1.04%post*
#53@starjewel9.03823965.015 Tokens0.84%post*

Will your rewards get doubled UP tomorrow? :)

Our Newest Actifitters

During the last voting round, we were happy to welcome the below new actifitters, joining more than 4,000 unique users who had posted an actifit report.

Our recent joiners are: @boosta, @man60360, @fitbyrobi, @forhappywomen and @georgecri80.
Feel free to check out their recent reports and welcome them to the Actifit community!

Delegation Status

Actifit continues to receive amazing support by the community. We would like to extend our thanks to everyone who is continuously supporting Actifit.

Below is the recent delegation updates' list:
@pjansen(352 SP)
@awesomegames007(1,060 SP)
@c4cristi3(453 SP)
@georgemales(2,900 SP)
@parejan(2,665 SP)
@flaxz(112 SP)
@sumit71428(1,602 SP)
@ratelmiodozer(30 SP)

Thank you to all delegators for the wonderful support! To see the list of all our delegators, check out actifit.io/delegators

The amount of delegated SP has a large influence over not only the daily/weekly delegation reward, but also on the amount of rewards the actifitter receives on daily reports, as it constitutes a key element in User Rank.

Which is why being an Actifit delegator now has more influence on your rewards, coupled with number of AFIT tokens and other factors highlighted before.

Delegators share a max cap of 100K AFIT tokens according to their delegation amount, and also earn a 5% beneficiary reward from actifit posts' beneficiary earnings.

We are appreciative of more delegations to be able to better award actifitters and support our project, so thank you for doing that !

When you are looking to increase your delegation, you need to use the new total amount as the delegation amount, and not only the increased amount. Otherwise only the new amount will be used, and the remaining amount will be undelegated.


@actifit Team


To delegate to Actifit, you can use any of the following links:
10SP, 20SP, 30SP, 50SP, 100SP, 250SP, 500SP, 1,000SP, 5,000SP, 10,000SP, 20,000SP, Custom Amount
Make sure you have at least 15 SP left on your account.

consider voting for Actifit as witness

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Our Top Delegators
An additional big thank you to some of our top supporters

@goodnewworld | @freedom | @sepracore | @fitat40 | @julialee66 | @selfvotejustice | @onealfa | @supergiant | @runridefly | @jasonshick | @taskmaster4450 | @dmoons.kim

Our wonderful ambassadors

@akomoajong | @alexvanaken | @ervin-lemark | @flauwy | @jaraumoses | @jasonshick | @rosatravels | | @toocurious | @pearlumie

Our amazing moderators

@alfamano | @alokkumar121 | @ashikstd | @ciuoto | @ckole | @katerinaramm | @priyanarc | @rabihfarhat | @pjansen | @thereikiforest | @vishalsingh4997 | @sumit71428 | @silvertop | @elizabethbit

Haven't downloaded Actifit yet? download it from the playstore or from the app store and start your journey to fitness and rewards!

@actifit team

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I can see the smoke from over here in California. #SteemOnDudes!

Posted using Partiko iOS

Just California burning as it always seems to be burning somewhere in California.

Posted using Partiko Android

So you are only burning duplicate tokens? @mcfarhat

Posted using Partiko Android

That is how I interpreted this as well, but I assume that can’t be right? I guess my confusion comes from a misunderstanding of what happens when coins move from Actifit.io to Steem-Engine and the reverse.

Seems to me that tokens that are transferred from Steem-engine to actifit wallets don't actually transfer across. I think the tokens for transfer go to actifit's Steem-engine account and actifit puts the equivalent AFITS from the pool of tokens into one's actifit wallet. Hence actifit's Steem-engine account keeps growing and now they are burning them. If this is what is happening it does not make any sense. Yes they are burning tokens but ones that should not even be released yet.

Posted using Partiko Android

Great work and thanks a lot for the mention and support.

Thanks for mentioning and placing in the overview :-)