December 8 2018 Update: SBI Chance Down to 1%, Increased Savings, Goals

in hoist •  6 years ago 

Hello Hello, its @rishi556 with the updates while the owner of @hoist is out.

SBI chance was increased temporarily to 10% to make some tests to ensure that it fully worked but now its been brought down to 1% so that we can properly reward users without having too much costs. It will most likely remain at 1% for the time being until until we start giving out a lot more votes at which point it'll be dropped some more. The goal is to give out about one a day away but at the current fund holding, it seems near impossible to do so.

A lot of our post earnings will go towards savings in order to ensure that we can afford to buy the delegation for a month soon. I(@rishi556) will try and fund some of it, but with the current prices, not many people wanna be on the STEEM blockchain. But to those who do, @hoist will continue to ensure some rewards as long as their posts meet the requirements.

Our developmental goal is to add an auto blacklist checking. If a user is blacklisted by certain groups, or is on our own blacklist, they won't be eligible for votes.

Current Information:

Monthly Server Fees - $3.49 (Paid for by owner of @hoist)
Funds Raised To Cover Costs - $0
Current Steem Power- 11.352
Current Received Steem Power - 670.562
(Accurate to post time)

Savings goal: 20 STEEM for a MB delegation of 1000 SP for 1 month. Savings had: 0.111 STEEM.

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