Feedback on proposed interest APR drop (proposed 14% APR)
⚠️ Important Update for Delegators – Please Contact Me
Hi everyone,
I hope you're all doing well.
First, a heartfelt thank you to everyone who has supported the curation bot through delegation over the years. Your trust means a lot to me.
📉 Curation Bot Running at a Deficit
Over the past two weeks, the bot has unfortunately been operating at a significant deficit. To ensure that delegators still received the promised 16% APR, I’ve personally covered the shortfall by purchasing over 10,000 SP.
While I’ve been proud to maintain this return for several years, the current Steem reward structure no longer supports it. I believe this may be due to:
- A reduction in Steem inflation
- Changes in the reward pool
- Shifting voting behaviors from large stakeholders
📬 I’d Like to Hear From You
Before making any changes to the interest rate, I’d like to open a conversation with all delegators.
If you're currently delegating, please reach out to me directly so we can discuss the following:
- What kind of interest rate or return were you receiving in your previous delegation?
- Would you be open to a reduced interest rate (e.g., 14% APR) to help keep the service sustainable?
Possibility to Restore 16% APR in the Future
Please note: If the situation on-chain improves — such as higher curation yields, increased STEEM inflation, or better overall sustainability — I fully intend to restore the original 16% APR.
This current adjustment is temporary and made purely out of necessity to keep the service running without losses.
💬 How to Contact Me
You can contact me via:
- https://discord.gg/8QfgjsEzAB
- Or leave a comment below (if you’re comfortable)
I want to keep this service running in a way that’s fair, transparent, and sustainable for everyone. Your feedback is important and will help shape the path forward.
Thanks again for your support,
