RE: The feeling when you're earning $$$ with Smartsteem.com & some honest talk

You are viewing a single comment's thread from:

The feeling when you're earning $$$ with Smartsteem.com & some honest talk

in smartsteem •  7 years ago 

I just cancelled my smartsteem deligation this week. You limited the profit of vote buying to 10% which has brought down sales significantly. People want to have as much profit as possible so they place their bid to someone that doesn’t have a 10% max. If the bot doesn’t use all of its voting power the delegated Steem just sits unused. This situation is less profitable for both the bidder and the buyer. I would reconsider delegating if this bar was removed.

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:  

You are wrong.

The ROI Limit of 10% has resulted in a more stable outcome for delegators - there was a rising number of times before when the ROI was above 30% or even 40% due to Smartsteem's policiy against abuse and the many blacklisting cases which would have meant less revenue for delegators.