Hello everybody,

we got some questions from sponsors of @smartsteem who were asking why they didn't receive any profit-share payouts and we think this is a great question to answer.

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Sponsor Payouts

As you may know - @smartsteem offers a bid-bot that votes every 2.4h and on which users can bid and gain a part of the vote. Check out the Bottracker

And this is only possible due to delegations from steemians who receive 90% of the revenue and are therefor called Sponsors.

Now, initially - the profits were send out to sponsors on a daily basis, but this created a lot of transactions. So we decided to create a minimum threshold to reduce the amount of transfers that go out.

Payout Thresholds

Right now - the thresholds are as following:

• 0.5 SBD/ STEEM - for users with less than 3000 SP delegated
• 3 SBD / STEEM - for users with more than 3000 SP delegated

This means that the pending Payouts will be send daily if the amount exceeds the threshold depending on the delegated STEEMPOWER.

And to answer another questions:

You can always track the amount of pending payouts on smartsteem.com/sponsors

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How do you become a Sponsor?

If you are interested about earning a good return on your STEEMPOWER by becoming a sponsors, then check this post out:

Guide: How to delegate to smartsteem and earn profit-shares

Oh and if you are wondering ...

Is it profitable to be a smartsteem sponsors?

Yes it is!

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What does smartsteem offer?

• Bid-Bot through smartsteem - send URL as MEMO to @smartsteem - votes are every 2.4h - both SBD & STEEM accepted - check on bottracker for current status.

• Buy Instant-Upvotes through smartmarket - profit guaranteed - send URL as MEMO to @smartmarket or go to smartsteem.com and use our own Tool. Both SBD & STEEM accepted. You will also see the currently available vote-values for smartmarket on smartsteem.com.

• Sell your Votes with @smartmarket and earn profit with your voting-power (up to 98%) - you can enable it here: https://smartsteem.com/features

• Delegate STEEMPOWER to @smartsteem and earn profit-shares of the bid-bot proportionate to your delegated amount. We pay out 90% of our profits! Go to https://smartsteem.com/sponsors and check out this post: https://steemit.com/steem/@smartsteem/guide-how-to-delegate-to-smartsteem-and-earn-profit-shares

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Our amazing Sponsors who receive 90% of our bid-bot profits:

@doinglean - 9400 SP
@motoengineer - 5.000 SP
@drorion - 4500 SP
@decebal2dac - 1000 SP
@Holbein81 - 500 SP
@sam99 - 439 SP
@puffin - 345 SP
@c0ff33a - 300 SP
@yanosh01 - 250 SP
@jpederson96 - 212 SP
@ohamdache - 100 SP
@patrice - 100 SP
@marty-art 100 SP
@felander - 100 SP
@doqstrader - 90 SP
@vidafitnessveliz - 50 SP
@detlev - 50 SP
@haxmat - 50 SP
@yogesssh - 50 SP
@plushzilla - 50 SP
@gyrosean - 50 SP
@juanv - 40 SP
@braveheart29 - 20 SP
@chnorris - 18 SP
@danielwong - 15 SP
@fatkat - 10 SP
@reko - 10 SP
@baroen96 - 10 SP
@abuzenk - 10 SP
@here-could-be-your-name

Join us on discord

If you have any questions, feedback, want to collaborate with us or something else you want to tell us - come and join our discord! :)