A brief update for current and future MAPXV members.
MAPXV News
The Steem blockchain and ecosystem continues to evolve in reponse to the Justin Sun takeover of Steemit Inc. Members of MAPX should read this longer post on MAPR and MAP FinTech programs in general.
This post is specifically about MAPXV and the way forward in the short term. The devs of both the new Hive and Steem-Engine are working hard to ensure that nobody loses any coins or tokens. However, there are technical issues that need to be decided, especially for Steem-Engine, so that token issuers can decide what to do.
With changes now happening quickly, and people making choices regarding Steem versus Hive, we at MAPXV have lost one of our largest delegations. We have therefore needed to respond by removing some of our own outbound delegations. All of this will take 5 days to settle down.
However, the worst part was not the loss of SP itself but that the system dropped our VP from about 70% to about 1%! I am aware that RC moves with delegations, but this is deeply stupid code as our RC is at 100%. So, not only have we lost SP but it further punishes by dumping our VP - there is no mathematically valid reason to do this. All we can do is respond.
So, the reason I have taken an extra day to post this is that I've been thinking of a solution. It is going to take MAPXV at least another 2 days to recharge its VP. However, we are still earning decent rewards from last week, so I propose that members will be paid out in STEEM the equivalent of their votes. This may even be higher than the upvotes, and I will do this at the weekend, at the same time as our weekly accounts are posted.
So, please be patient, this is one of many temporary problems that we have faced during this turbulent and volatile time.
Note that the TULIP Mania Game has finished and has made about 40% profits in 28 days! Round 4 coming soon!
New ADDAX Game Round 3 has started!
Also, MAXUV tokens being given as prizes in this Fourth Nonsense Writing Contest
Have a fine week!
What is MAPXV?
MAPXV was the second vote-bond, after MAPX, in the MAP Steem FinTech family of tokens. It is designed to give 2 upvotes per day at 0.2% weight per token. This means that the maximum effective holding is 500 MAPXV tokens and that will yield two 100% votes. There is no fee for this, just buy and hold the tokens and the upvotes will appear within about 24 hours. There is also no unstaking period, so your investment remains liquid and you may buy and sell instantly.
The mathematics that underpins MAPXV means that everyone gets exceptional value in terms of both upvotes and the value of the token. All profits, both from rewards and token trading, are compounded back into the fund SP. We publish weekly reports to keep members up to date with the financial health of the MAPXV fund.
Make your STEEM work for you without being locked up in SP. Buy MAPXV tokens on the Steem Engine DEX.
Crypto News
It's gotta be Steem...
Please follow @pennsif for the latest aggregated news about Steem and Hive.
The Steem News @ 13 March 2020 - Steem keeps on Steeming & a Ray of Light appears in the Tron debate
Hello, world. and In the Beginning, There Was DPoS by @theoretical.
Crypto's 101 stupidest moments of 2019: October—December
A random prize of TRENDO tokens for 10 days from MAPXV, plus we are now also distributing trendovoter upvotes.
So, our winners today are... N/A (will resume these once our VP is back to operational levels) .
Just to add that this will be a lucky time for some members as there are not so many usernames that are not part of the MAP FinTech family. I don't think it fair to give prizes to myself!
Enjoy!
Please comment, upvote, resteem and tell everybody about this post...
[BUY MAXUV] - [READ MAXUV]
[BUY MAPR] - [READ MAP REWARDER]
[BUY MAPXV] - [READ MAPXV]
ONECENT: The First Strategic Token Investment Game (STIG)
A member bonus $trendotoken tip from MAXUV!
These bonuses are for members, selected at random when @MAXUV posts, and last for a few days.
Thanks for being a member of MAXUV.
NOTE, the ADDAX Game Round 3 starts 17 March.
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