@tipU Invest Option Important Update

Hi everyone, today I've got an important update regarding the invest option, that @tipU offers.

---

---

When you send SBD or STEEM to @tipU with memo: invest it is treated by the service like a delegation. So for example, if you send 10 STEEM, it's like you delegated 10 STEEM POWER. The cool thing is that you can take back the investment (refund) any time you want. Now, this is something unusual because when you convert STEEM to STEEM POWER, you need to power down to receive your STEEM back - and this takes 3 months.

Now, the @tipU service allows to refund the investment without waiting because it's not using the invested STEEM (or SBD) to power up. Instead, the invested STEEM/SBD is sitting in @tipU balance and @tipU just "lends" it's own STEEM POWER to the user. The example below will make it clear:

1. @tipU has 1000 STEEM POWER - 100% of the profit goes to @tipU
2. @user sends 50 STEEM as invest
3. Now @tipU calculates the profit, as it has 950 STEEM POWER and @user has 50 STEEM POWER - so 5% of the profit goes to the @user and 95% to @tipU. The liquid 50 STEEM sits in @tipU balance and can be send back at any moment.

And here's the problem @tipU is running out of juice :) the amount of invested STEEM / SBD is getting close to the amount of @tipU own STEEM POWER. It also doesn't help that @tipU powers down constantly to pay the curation rewards daily.

So we've got 2 options here:

• the amount of invested STEEM / SBD can be no greater then @tipU STEEM POWER and all investments above that will be automatically rejected

or

• @tipU will start using part of the invested STEEM/SBD to POWER UP. This means, that if all users will make a refund at the same time, some users will have to wait for a power down done by @tipU in order to receive back their investment.

I'm planning to implement the second option, because it will allow @tipU to grow and more users would be able use the service - both the vote buyers and investors, but let me know what do you guys think. If you're really against it, I won't force it :)

If you don't feel comfortable with the planned change, please feel free to refund your investment (send 0.001 SBD to @tipU with memo: refund) and, for example, power up and delegate STEEM POWER to @tipU. This way you have full control over your assets.

Looking forward to your opinion on this matter!

---

If you want to invest or delegate STEEM POWER to @tipU - please check out this post. @tipU distributes daily 100% of profit + extra 60% curation rewards to all investors.