MinnowBooster Tutorial #1: Delegating SP to MinnowBoostersteemCreated with Sketch.

in minnowbooster •  7 years ago  (edited)

Hey there, @bulleth here with the first in a series of tutorials teaching you how to get the most out of @minnowbooster.

In this first tutorial, we'll be showing you how to invest in MinnowBooster by delegating SP. When you delegate SP to MinnowBooster, you help us power up the voting bot and receive daily SBD dividends in return.

This is a great way of putting your STEEM POWER to work for you. The advantage of delegating to the bot over some of our other investment options, is you can cancel your delegation at any time and have your SP returned to you 7 days later. Delegating to MinnowBooster allows you to earn a return on your SP, while keeping it close at the same time!

Watch this quick video tutorial from the amazing @velimir and @ldauch to see how easy it is:

(corrected link)


Step by Step:

  1. Go to the website: https://www.minnowbooster.net/delegate
  2. Read the text under the title. It explains the benefits of delegating STEEEM POWER to MinnowBooster.
  3. Enter your username.
  4. Minnowbooster will display ALL the STEEM POWER you have.
  5. Enter how much SP you would like to delegate
  6. Press the "DELEGATE" button.
  7. A SteemConnect screen will open, showing your delegated STEEM POWER in VESTS (Vesting Shares)
  8. Press the "Continue" button.
  9. Now you need to log in with your PRIVATE active key
  10. You will find your PRIVATE active key on your Steemit.com profile, under Wallet - Permissions. Open a new tab and navigate there.
  11. To obtain your PRIVATE Active key, click "show private key" button to the right of the ACTIVE KEY label.
  12. When it appears, highlight the PRIVATE active key and copy it (CTRL+C).
  13. Return to the SteemConnect tab and enter your PRIVATE Active Key (CTRL+V).
  14. Press the "Continue" button.
  15. SteemConnect will display the "Successful" message.
  16. You are all set. You have successfuly delegated SP to MinnowBooster!

Note: Unlike some of our other services, you will not receive a notifcation from MinnowBooster acknowledging you have delegated SP. You will however, start receiving daily SBD payments and notifications the following day!

Do you have SP just sitting there getting dusty? Come on over to the MinnowBooster website, boost some minnows and earn some SBD!

Thanks guys!


What can MINNOWBOOSTER do for you?

What?CurrencyAdvantages
Buy upvoteSBDEarn an instant return
Lease SP from marketSTEEMIncrease your vote strength and curation rewards
Delegate SP to marketSTEEM POWEREarn daily STEEM dividends
Invest STEEM in MinnowBoosterSTEEMEarn daily SBD dividends
Delegate SP to MinnowBoosterSTEEM POWEREarn daily SBD dividends

Read the full-featured how-to guide here:

https://steemit.com/minnowbooster/@minnowbooster/6rt2mn-introducing-minnowbooster-beta

NB! The above is an introduction post to get you familiarized with the services Minnowbooster offers. Please read it before using Minnowbooster services. Since inception we have updated many paramaters for the voting bot and DLM. You can find the most recent paramaters below or at minnowbooster.net



CURRENT PARAMETERS:

ParameterValueRemarks
Minimum Upvote0.5 SBDMinimum SBD you need to send
Upvote comments?NO
Profit at 100% VP3 timesCheck VP at steemnow.com
Daily Limit1.0 SBDMaximum you can send in 24h
Weekly Limit7.0 SBDUpdated from 5.0 SBD
Minimum SP lease1 STEEM
Lease price 1-3 weeks1 STEEM ⇔ 100SP(Price per week)
Lease price 4-24 weeks1 STEEM ⇔ 200SP(Price per week)

Provide us with feedback

We are happy to hear your feedback about where we can improve.

Minnowbooster Discord - Join our Discord for support and to connect with us

We are always looking to improve @minnowbooster and try to keep you up-to-date whenever something changes. If you have any suggestions about what we should change or add to @minnowbooster, then please write us a comment :) If you make a great suggestion and we implement it, you may even get rewarded with BUILDTEAM ... So make sure you include your Bitshares username with your suggestion!

Don't have a Bitshare's account? Create one here.

Missed the BuildTeam announcement? Here's all the juicy details.


And last but not least, here's our cute little footer made by the most epic @ryivhnn! Yes, there are cute little minnows floating around!


Minnowbooster is a @buildteam project by @thecryptodrive @cryptomancer and @reggaemuffin


This is a @steemvoter subscription payment post. Thank you to Steemvoter customers for allowing us to use your Steem accounts to upvote this post by virtue of your free subscription to the Steemvoter.com bot service. @steemvoter is proudly a @buildteam subsidiary and sister project to @steemsports and @minnowbooster.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  ·  7 years ago 

so, one simple question, can I send 5 SBD with memo to get upvotes that are equal to 5 times of 1 SBD?
please could you kindly advice, thanks!

You cannot, you can only send 1 SBD and get 1 Upvote a day.

  ·  7 years ago 

yes. i tried. the weekly limit is 5 SBD, I tried sending 3 SBD and get a vote worth of 5.25 SBD.

  ·  7 years ago (edited)

Hey guys from @buildteam and @steemvoter Thanks a lot delivering such a great services to us! I see your graphics are poor and we can improve it together. I've just opened really nice contest and think people should know about it. Right now only 3 people are participating. Anyone could win a portrait from me. I will draw. This is my work :)

If you like we can think about some redesigns for your posts here.

me interesa tu concurso de que se trata

I am new to Steemit but posts like this are very helpful, keep up the great work @minnowbooster. Oh and feel free to "delegate some sp" to this pond scum (minnow).

100% Upvote, Resteem and Follow from #teemnomad!

BRAVO.jpg

What benifit would I get for delegating 1000SP?

  ·  7 years ago (edited)

Earn daily return on your SP loan. I delegated 6700 SP two days ago using https://www.minnowbooster.net/market
Already received two payments of 4.3 Steem each, today and yesterday! Earning 18% apr on my SP!

thanks again for that:)

That's the delegation leasing market where returns are fixed, with this option, returns are variable based on our revenue!

the instructions said it would ask for the private key. Why do i need to enter my wif?

" This operation requires your active, owner key or master password. "

When you say delegate SP loan, does this mean I give some of my SP to minnowbooster and I earn on a daily basis?

correct.

Why does your link say minnowbooster.com while the blog post says minnowbooster.net/delegate? Also the instructions said it would ask for the private key. Why do i need to enter my wif?

  ·  7 years ago (edited)

I used delegation market https://www.minnowbooster.net/market
active key wif is needed for lending funds.

is it different from the link in this post?

Yes, you can delegate to @minnowbooster bot and get returns based on its revenue, or delegate on delegation market to other steemians and get fixed 18% apr.

Hi mate, returns fluctuate based on our daily revenue. Give it a go and find out :)

I will look into it mate?

Awesome?

meep

n!Ce post, but I dont trust your service @minnowbooster as a friend of mine @prime-cleric sent you 50 STEEM 5 days ago and since that never get any of ur services or got repaid...

I answered your friend already, he made some mistakes and gifted his SP to someone else

He sent it to @minnowbooster so he has not gifted his SP to someone else!!! Please check that again!!!!

prime-cleric

His memo was clearly in the format of gifting it to someone else. Luckily we have many posts explaining how the memo needs to be and we have a tool that creates the memo for you.

Sending natural language requests has the risk of being misunderstood. We have a discord with many helpful people if you are unsure of what to send and we will gladly proofread it for you if you ask.

bullshit, Capture.JPG

Like I told you we since then fixed our memos to make this more clear. But the memo format is <weeks> <user> and your memo has no weeks number, so it defaults to 1 and the user is clearly @for

This may not be what you expect but that is why the correct format for a memo is important. The bot cannot read minds sadly. And @smooth-a owns 45 steem like I said since he filled the order.

When it is obvious that there was a human mistake in communication with a bot that resulted in an unfair delegation of 2500 Steems to some one named @for. Then is there a problem in taking back your delegated rights and confer it to the one who deserves it rightfully???

The problem is that taking back the delegation takes one week, so 25 STEEM are already gone. Delegating to the other user means a second week gone. So 'refunding' means paying a second 50 STEEM.

We can refund the 5 STEEM in BuildTeam possesion once we are sure you know how to send a right memo from now on. But the other 45 STEEM are not ours to give.

See how you wrote 'for 4 weeks delegation of 2500 steem, thanks'?

Yes, we are observing what he wrote and what he meant. Now we want to see how you resolve this issue amicably. How much human are the humans behind this automated bot is my prime concern before entering into any business relationship with this bot.

See my reply below. We make 10% on these orders and we have over 22 000 happy users, a lot of whom are Steemians who have invested in our services. We would have to sacrifice revenue from 10 orders of this magnitude or 100 smaller orders just because your friend made a mistake. Does that sound fair to you? Fair to the people who already have entered 'into a business relationship with this bot?'. We need to find a solution that is fair to all.

could @fyrstikken please look into this, the service was clearly not provided, and the refund was never given, 50 Steem stolen from me.

Better not confuse minnowbooster with booster 🐐

If a user doesn't follow the instructions and enters another user's user name in the memo field and delegates SP to someone else, there really isn't much we can do. Your friend instructed the bot to delegate to the account @for

you will notice that I never used @for in that memo, and I was never informed by @minnowbooster of any filled order or refund. Obviously when a new service is offered, and mistakes occur, then it would be agreeable to all to make good.

  ·  7 years ago (edited)

Correct the memo's don't require the @ just like sending steem to someone doesn't require it, though I think this is a good idea. The problem here is we make 10% on these orders, to refund you because you made a mistake would cost us the revenue from 10 orders of the same size and 100 of our smaller orders. I am happy to work with you on this, but you'll need to give some ground, because the instructions on how to you use the service are clear and we have not intentionally or unintentionally ripped anyone off here. You just didn't follow the instructions.

If your order wasn't filled we would have refuneded it no questions - but someone did delegate to the account @for and @for did receive a notification saying it was successful. You are out 50 Steem, a delegator is out 2500 SP and we are down on time and PR. Lets try and find a solution which minimizes loss to all parties. Are you available on discord? As resolving there would be a little easier than back and forth on the blockchain.

Hope we can find a solution.

maybe the silver lining to this is creating an error free process for the future, left a message for you on chat.

Cool I will log on to .chat now and we will sort this out. Bear with me.

Well your first word is 'for' and that was exactly it. I notice you used it. It is hard to help you, when you don't think about it.

do not lie, return my Steem

answered your other comment, please keep it in one chain...

ok, a mistake in the format of the memo was made, how can we fix this to an agreeable and fair outcome?

The reply from @minnowsupport to my memo and payment was to confirm my order for delegation or a refund would be made.

So your saying that my 50 steem was delegated to @for, so after 1 week does that mean the delegated 50 steem gets returned to my account?

Hi sorry I asked you in a earlier reply to give some ground and we could work something out, it looks like you are already ready to do this. It would be great if you could DM me on Discord so we can work something out I am also available on Steemit.chat if that is better for you.

Re: the 50 Steem, that is the fee for the user who delegated the 2500 SP to @for. This is what makes the issue more complicated than simply issuing a refund.

I was upset over the thought of losing 50 steem given to me by my congregation members to invest. I assumed that a cancellation due to an error and a refund would be a simple process, obviously not. I do have Steemit chat but have never used it before.

Your account should now have a 2500 SP delegation - expires 4 weeks from today :)

wow.. can he do that to me ? i mean gift me his SP.. plzzzzzzzz

Ask @prime-cleric,maybe he will. But would be hard to accidentally write your username...

I have gifted a number of accounts intentionally, but this was supposed to have been a purchase of delegation for my own account, which went wrong, a hard lesson to learn.

Yeah it definitely is :I

We are currently discussing gifting you a new delegation, but that is nothing we can repeat, because it is from our own pocket.

Also I changed the bot to reject memos like the one you send, there may still be some memos that I don't detect but everything with 3 or more words will be send back.

Thanks for doing this, the changes will help stop noobies like me make costly mistakes. Much appreciated.

thank you very much for the detailed tutorial

Thank the amazing @ldauch and @velimir!

Can anyone fill my 3000SP delegation request?

Looking forward to more info and testimonials of success, seems like a good investment if people can follow directions.

I was just reading and feel in the same position, it sounds great even I don't have much SP, but as you can cancel de delegation at any time, it sounds good for a try, right? let me know if you are going in, we can try this and keep a dual tracking on how this works, and get two real time results to compare.

Alright - joining the party :)

Thanks for the tutorial. Hadn't quite figured this out myself yet :)

great tutorial

minnowbooster is best in all promoter , I always prefer it , but It will batter to increase daily quota . it delegation system also help lot of people like me . thank you for your support

Thanks mate :)

We are working on ways to fix the voting power, stay tuned!

Isn't risky and impossible to revoke if I give you my active key??

It looks nice investment promissing a good return. What if I delegate 100 SP, how much an average daily earning sir?

How exactly do I undelegate Steem?

Good concept. let me first collect 7000 steem power

Yeah, may take me awhile to get there too, lol.

Thanks @minnowbooster for this helpful information. I am just getting started. I saw the second and third installments of this article, and will be reading them next.

I am gonna take advantage of this. I recently lost my password and had to start over. So my SP is very low and my account needs exposure. So lookout for my order

Nice post ....upvoted and resteemed

Hi there.. Im new here.. i was playing around with the functions on your website just now and I found out that you can actually delegate someone else's SP (Of course I didn't click continue since I was only playing around and wasn't sure what will happen!

In the screenshot I just try putting user @trevonjb as a test. Can you pls explain more on this please? thanks.

The next screen is entering your password.

Then what happens after I entered my password? Does that mean you can gain control over somebody else's SP??

i have delegated 16SP... how much will i get ?

I am new to this subject, I can recommend basic information about it. thank you very much.

Thank you! I regularly use this service. Upvoted and Resteemed

The rewards are allocated so that 75% of the payout goes to the author of the post/comment, and 25% goes to the curator.
Of the 25% that goes to the curator, that portion will be split between the author and the curator if the curator votes within the first 30 minutes. The split of the 25% between the author and curator during the first 30 minutes is calculated linearly based on the time the vote is cast.
• If a post is upvoted the moment of posting, 100% of the curation reward goes to the author.
• At 3 minutes, 90% goes to the author and 10% to the curator.
• At 15 minutes, it's a 50/50 split.
• At 27 minutes, 10% goes to the author and 90% to the curator.
• If a post is upvoted 30 min after posting, 100% of the curation reward goes to the curator.

One day I will understand all of that boosting stuff too....well, actually it is quiet hard for us noobs I guess :D

What is the difference between delegating and leasing? I transferred 3 sbd for 4 weeks the other day, my voting power is still the same.

SBD is for buying upvotes - you sure the funds weren't returned to you?

Amazing. I just delegated and will see how far it can get.

What is the minimum delegation?

how safe is putting my Private Key to delegate SP to minnowbooster? Please, explain me, Im newbie here, I will not do that right now, but maybe soon.

Congratulations @minnowbooster! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

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Nice post information 👌

nice
UpVoted
good luck

I delegated most of my SP to MinnowBooster, and realized after the fact, that I no longer could upvote at all. Not even $0. Nowhere in this post does it state that I had to keep a certain amount in my account. So now that I've undelegated, I have to wait 7 days to upvote anyone, without receiving dividends. Help?

Good post, I will follow you and I hope you follow me too; Greetings.

Thanks @minnowbooster. This is very useful information for us. I will continue to dig deeper until I really understand.

Hello, I really need some #minnowsupport

Help me please!!!

I really wish I had enough SP to lease and I would have done it in a blink of an eye. Thank you @bulleth and @minnowbooster for the update and support

Thanks mate :)

This post has been ranked within the top 10 most undervalued posts in the second half of Aug 14. We estimate that this post is undervalued by $49.47 as compared to a scenario in which every voter had an equal say.

See the full rankings and details in The Daily Tribune: Aug 14 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.

If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.

NICE

I m new here and I m interested it so I can do work it

nice post upvoted your vote is important for me sir

How to cancel the SP investment with minnowbooster? Please help.

Just follow the instructions in the video, but set a negative amount instead of positive

I still can't go through the process to delegate my sp. I need help pls.

Thanks for showing me how is done, I have been able to delegate small of my sp now. Minnowbooster you dey biii rough

It looks like you gave me my daily payout three times today....

Hi @minnowbooster , Can I do a tutorial in spanish of this?

Congratulations @minnowbooster!
Your post was mentioned in the hit parade in the following category:

  • Upvotes - Ranked 1 with 664 upvotes

Nice post. From me upvote.

Loved your work

very nice, i like it the post thanks, information details thanks.
deepak.jpg
deep.png

good guide, upvoted

Im as excited to see these type of posts that bitcoin is going upward its great,
but on the other hand there are some really needy people who want these money and who want help , im feeling so much shame to text here but im helpless dont take it wrong but this is not our mistake that we born in poor families , today some one is dying and she needs help .
plz read this post of me im collecting money for her treatment and your single vote can save her life plz help her by read this post

https://steemit.com/help/@enigmakomi/request-to-all-upvote-this-post-for-this-girlfor-her-cancer-treatment-for-her-life-for-her-future-this-post-is-for-her-help

is it our mistake to boen in poor families and today im begging every where and the people rather than help me they are calling me spammer , is it bad to want help from you people

your wallets are full , its good but take a look on this girl she is dying in hospital and im just asking for a little help from this post ,

im not a spammer but im just wanting help by posting the same comments on your posts plz help us people plz

plz dont take it wrong , we are helpless and some times it better to ask help although my way of requesting is wrong but im helpless plz share this post an support me and my loved one , she needs your help. may you and your family live in peace, your little help can save her life.

I can't log in, it keeps giving me "RedirectUrl Mismatch".

I want to cancel my delegation.

Is it really worth it to delegate SP 🤔?

I have delegated about 500 SP and receive daily payments of between 0.30 SBD and 0.40 SBF

thanks for the tutorial

Can write more about giving an amount? Thank you.

I had delegated some Steem to @minnowbooster about a month back. How can I get it back now?

I am considering this, but it is not working. I tried both my private key and active which would not let me delegate. It said the password is incorrect on you website, and I simply copy/pasted the active key. Not sure what went wrong.

thank you very much

How to stop delegated power of minniwbooster please?

La siguiente es la traducción en español autorizada del presente Tutorial de @minnobooster
https://steemit.com/minnowbooster/@simnrodrguez/minnowbooster-tutorial-1-delegacion-de-sp-steem-power-a-minnowbooster

Hi I went to delegate one SP and this error came up
close Error
Oops, something goes wrong!

op.vesting_shares >= min_delegation: Account must delegate a minimum of 4119.095517 VESTS
Do you want to try again?

Does anyone know what this happens to mean, I am still super new at crypto?

nice articl

Turkish version of this MinnowBooster Post / Bu gönderinin Türkçe versiyonu

https://steemit.com/minnowbooster/@damla/minnowbooster-ders-1-minnowbooster-a-steem-power-delegasyonu-nasil-yapilir

how do i get my delegatet steem back? as i delegatet it im logged in as guest123 !? i tryed to delegate 0.000 like one guy wrote and the website showed that my steem was gone. but my wallet says my steem power is still delegatet !?

I tried to delegate SP but I keep getting an error message.

  ·  7 years ago Reveal Comment
  ·  7 years ago Reveal Comment
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