Delegation's what you need

in steemit •  8 years ago 

Some time ago Steemit added the ability to delegate some of your Steem Power to another user. Basically, you still own it, but the other person gets the ability to give bigger rewards with their vote and earn more from curation. If you want it back then it takes seven days to return to you to prevent you double-voting (although that may be exploitable). I've now delegated some of my SP to a couple of people I trust to use it wisely. I don't use up all my voting power anyway. I can get by with a little less curation rewards.

Wallet

This functionality is not accessible from any of the Steemit-based web sites that I know of. You basically have to do it using code. There's a function in the Steem Python library to do it. I was able to install that and write a little script to do the job. I got some tips from this post.

This is what I'm using. I'm obviously not including my keys. There is a way to use them via a wallet application, but that's not working for me. I get errors when I try to run the steempy application. I think there's a dependency that's broken and I've not managed to find a fix yet. BTW 80000 VESTS equates to 387 Steem.

from steem import Steem
s=Steem(keys=['<posting>','<active>'])
s.delegate_vesting_shares('<recipient>','800000 VESTS')

I'll consider doing this for other people, but it's likely to be reserved for people I know fairly well who don't have much SP of their own. I want them to help others as well as do better for themselves. I'm not asking anything in return. I've done very well from Steemit and I want to give something back.

I hope this facility will be made easier to use in time so that more people can do this.

Steem on!

I'm Steve, the geeky guitarist.

I'll buy guitar picks for Steem Dollars

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Resteemed.. I was wondering how you did this since I know nothing about code. I appreciate everything you've done for me, helping each other we can grow this faster. I plan to do a post about this and now I can link to yours. I'm at the laundry right now...thanks for all you do 😁

No problem. We can help to make Steemit a better place together

What's the minimum steem power we can delegate?

According to the blockchain, some accounts are delegating less than 10SP, and the minimum currently delegated is 2SP.

The post I linked said 'minimum VESTS to delegate is 13813.576743 '. Not sure how many Steem that is

More people like steevc is what we need!

Seriously. You are such a positive member of this community. You are incredibly active and encourage others all the time. Now you are trying to help others with your SP.

You're awesome!

I'm just having fun and trying to help build this community. I want to see it change the world.

  ·  8 years ago (edited)

Interesting. Still seems to involve some messing around. I have a Python script to do the job now. Maybe I can turn it into something others can use

I've been delegating up a storm lately.

Wow, so I see. Excellent work!

I got the power! Thanks to @steevc although I can't help feeling like a lad rat in one of his world dominating experiments. LOL

Those lad rats are always causing trouble

That's a really nice gesture. I'll wait till I get some more power. It's just a matter of time :D

I'm puzzled that delegation is now allowed from the Steemit website interface. Do you know why they have made it so only a select few who can understand the mysteries of coding can do it?

I expect it will be available eventually. It is an advanced feature. You need a lot of SP before it's worth doing

Owwh youv'e had a heart! thanks for sharing, even I did know nothing about codes there still co-steemians who is knowledgable and by that your throwing them help

I may not understand it all, but happy someone is doing something to help other's. Since some people genuinely deserve recognition for their efforts and not receiving it. Minnowsupport bot right now is buggy and overlooking at some of our posts.

This is very cool of you and I am sure more would do the same if it was built into the Steemit web interface. Hopefully that will happen in one of the next hardforks.

It doesn't need a hardfork. Just needs adding to the web software

I am an idiot, you are exactly right its just a front end thing.

This is an awesome thing you are doing. Followed and Resteemed!

  ·  8 years ago (edited)

I´m quite advanced with my course on Python, in codecademy. Now I know one more thing I can do with it. Thanks.

wow i would definitely try that out.

Is what you're saying much like what minnowbooster does? I'm not sure as i have never used it @steevc

Not sure exactly what they do. You can see if an account is delegating if they have a negative amount in their SP

As usual @steevc is always caring and helping others to flourish!
Respect man!
Cheers
@progressivechef

Thats pretty cool man. I saw the post by @rebeccabe in the yunk tag while doing my daily curation of it :) Thats pretty cool man. @yunkzilla is running for witness to help give back to the community too. I love seeing stuff like this.

you could also use Vessel to delegate sp , https://github.com/aaroncox/vessel

Cool. Not seen that before

Nice post! I was talking to @timcliff earlier about SP delegation, and he alerted me to an API method that I don't think is well documented, it allows you to check the delegations from an account:
https://api.steemjs.com/get_vesting_delegations?account=timcliff&from=-1&limit=50

I'm thinking about using this for another tool for @steemreports sometime.

If you wouldn't mind delegating 100 SP to me, I'd be able to try out the vote slider ;) I shouldn't have to wait long if not anyway. I feel as a developer I should really have that experience!

I'll consider it. Will check later

Love to see people doing well on here @steevc, especially those who pay it forward to help others that aim to do the same. Steem On!

This is a great idea Steve. It will certainly encourage new steemians to stick it out during their first few months here. This idea has my vote.

To work their ass at content and connect with people that what they need! :D
But hmm... delegations actually are pretty good.

I have seen a few who have discussed this and have been curious as to how it all works, Thank You for discussing this!

Happy to help. I can try to answer any questions you have

At what point would you do this? I am new here so many things I am learning about.

That's my question - I saw Rebecca's post about it, and so came here for answers about it but I do not understand the post lol.

Someone recently explained to me that the steem I have in brackets in my wallet is actually delegated. Does that mean I will lose it? Who gave it to me in the first place? Do I owe it to someone? Do I need to learn how to delegate now - or in the future - or can I ignore this?

As far as the code and directions above - it's Greek to me :)

I'm definitely in favor of any help here. This is a very daunting place. After one month I do not know very much considering how much research I have done and how much time I have spent. Still swimming but not sure in which direction.

These are good questions!

Some SP is delegated to you when your account was created so it works properly.

It probably comes from the 'steem' account, which is the largest delegating account (though I can't yet confirm that).

It is very unlikely to be taken away, although it technically could.

You do not need to worry about, or act on this information at all if it is daunting, but some of us find it interesting.

All the best.

For anyone who wants more information about how many accounts delegate etc, you might like our post here.

Thank you so much for the information. I will definitely read your link even though this is probably far in the future for me. I will stop worrying that my little bit of delegated steem will disappear. It might be little - but right now it is about half on my total! Thank you :)

Thankyou so much for the delegation of yours.. I wish I could get some help...

I'm only doing this for people I know. They have done a lot for me

This is why I'm expecting because I think you know when someone starts and seeks for help and the way you got it from your known one.. by the way thanks for reply :-)

So I was wondering, will steeve delegate some to me? Only time will tell. Hello old friend

We shall see. I may spread some around

STEEM tower

this is useful

Awesome stuff !!