RE: AskSteemit: You have 50 million SteemPower for a month to use, what do you do?

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AskSteemit: You have 50 million SteemPower for a month to use, what do you do?

in asksteemit •  6 years ago  (edited)

With 50.000.000 SP
There is a lot to do with this massive amount of SP!

Manual Activity
The obvious activities...

  • Curate undervalued authors / projects
  • Flag content that is overrated, destroy the reward pool rapists.
  • Create milestone pools (1k SP f.e.) for delegation from Curation Rewards
  • Create 1 post to self-vote (sustainability for 24/7 activity)

Curation Rewards
Let's say we would get 10% in CR. That is 2400 USD worth of Steem per day if we'd use all of our VP.

  • Support projects that contribute to the eco-system of STEEM (adoption, manual curation)
  • Have a monthly search-spree for unique content creators and give them full-support.

Compound Interest
With a 7,5% APR, we'd be generating around 10k SP just by holding the 50mil SP per day (wow!).

  • Power down what is needed to be sustainable for 24/7 activity, to pay for expenses etc. Let's say 1.5-2K USD worth of STEEM per month, but never higher than the daily accumulated SP we'd get from the APR. (for growth and in case Steem drops to 1 cent)
  • Create milestone pools (5k SP f.e.) for delegation from Curation Rewards

Milestone Pools
Reserve SP for cool initiatives

  • Support Minnows
  • Create a flag account for fixing the trending page with a vote of ~200 SBD to kill all vote/buyers
  • Create a upvote account for fixing trending page with a vote of ~200 SBD to give a push towards trending

The possibilities are kinda insane... with just holding the SP and sleep for a month you would have 300k SP accumulated. That would be meaning that you hold a lot of power and responsibility.

Ah well..

stops daydreaming.

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