RE: @tipU Invest Option Important Update

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@tipU Invest Option Important Update

in steemit •  6 years ago 

Yep, but every day a lot of the time @tipu spends on recovering voting power. Check the memo of the refund transfer, it has info when voting will be active again :)

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  ·  6 years ago (edited)

No worries. The refund was excellent and swift. I was just hoping for an upvote. @tipu is one of my trusted promotion bots. I wanted to ask how does the delegation work? Is there a minimum? For example if i send just 1 sdb first to see how it goes and how much % is the profit for delegation? How long do i have to wait for the delegation and profit to get back? Sorry too many question, hope you find time to answer that

If you're sending SBD or STEEM, then it is investing - delegating STEEM POWER is something else :)

Now, 1 SBD will be converted to around 0.71 STEEM POWER which should bring around 0.0006 SBD daily profit (so payout every second day, once the profit sums up to at least 0.001 SBD).

In another example 10 SBD would be converted to 7.1 STEEM POWER and this would give around 0.006 SBD daily profit.

The profit directly depends on STEEM price, once the STEEM goes up in value again, the profit will be also increased :) @tipu status!