SteemFolio - How to Participate and a Stake Update
How you can receive a stake in the Steemfolio.
- Write a comment on the post, about anything related to it.
- That's it! When I vote on your comment with my @cryptochannel account you will automatically receive a stake.
How to withdraw your stake from the Steemfolio.
Write a comment stating you want to liquidate your stake. The stake will be removed and you will receive your share in SteemPower approximately one week from then.
| Date | Post earnings | SP balance | Folio balance | Total |
|---|---|---|---|---|
| March 5th | 13.188 S, 12.343 SP | 264.323 (24,25 $) | 253.188 S (23.22 $) | 47,46 $ |
| March 6th | 13.188 S, 12.343 SP | 264.352 (24,80 $) | 258.036 S (25,18 $) | 49,98 $ |
| March 30th | --- | 270.862 (42,68$) | 269.002 (41,57 $) | 84,25 $ |
| Name | Stake (%) | SteemPower ($) | SteemFolio ($) | Total value ($) |
|---|---|---|---|---|
| ausbitbank | 2/34 (5,88%) | 1.55 SP (0,151 $) | 1.517 S (0,148 $) | 0,30 $ |
| cassidyandfranks | 2/34 (5,88%) | 1.55 SP (0,151 $) | 1.517 S (0,148 $) | 0,30 $ |
| haphazard-hstead | 4/34 (11,76%) | 3.10 SP (0,302 $) | 3.035 S (0,296 $) | 0,60 $ |
| noagenda | 1/34 (2,94%) | 0.775SP (0,075 $) | 0.759 S (0,075 $) | 0,15 $ |
| justinashby | 2/34 (5,88%) | 1.55 SP (0,151 $) | 1.517 S (0,148 $) | 0,30 $ |
| kenny-crane | 2/34 (5,88%) | 1.55 SP (0,151 $) | 1.517 S (0,148 $) | 0,30 $ |
| tfeldman | 1/34 (2,94%) | 0.775SP (0,075 $) | 0.759 S (0,075 $) | 0,15 $ |
| pairmike | 1/34 (2,94%) | 0.775SP (0,075 $) | 0.759 S (0,075 $) | 0,15 $ |
| bitshares101 | 1/34 (2,94%) | 0.775SP (0,075 $) | 0.759 S (0,075 $) | 0,15 $ |
| benjojo | 2/34 (5,88%) | 1.55 SP (1,25 $) | 1.517 S (0,148 $) | 0,30 $ |
| bitcoiner | 1/34 (2,94%) | 0.775SP (0,075 $) | 0.759 S (0,075 $) | 0,15 $ |
| paolobeneforti | 1/34 (2,94%) | 0.775SP (0,075 $) | 0.759 S (0,075 $) | 0,15 $ |
| j3dy | 1/34 (2,94%) | 0.775SP (0,075 $) | 0.759 S (0,075 $) | 0,15 $ |
| afrog | 1/34 (2,94%) | 0.775SP (0,075 $) | 0.759 S (0,075 $) | 0,15 $ |
| merej99 | 1/34 (2,94%) | 0.775SP (0,075 $) | 0.759 S (0,075 $) | 0,15 $ |
| pcste | 2/34 (5,88%) | 1.55 SP (1,25 $) | 1.517 S (0,148 $) | 0,30 $ |
| tfledman | 1/34 (2,94%) | 0.775SP (0,075 $) | 0.759 S (0,075 $) | 0,15 $ |
| meesterboom | 1/34 (2,94%) | 0.775SP (0,075 $) | 0.759 S (0,075 $) | 0,15 $ |
| stranger27 | 2/34 (5,88%) | 1.55 SP (1,25 $) | 1.517 S (0,148 $) | 0,30 $ |
| nextgen622 | 1/34 (2,94%) | 0.775SP (0,075 $) | 0.759 S (0,075 $) | 0,15 $ |
| eric-boucher | 2/34 (5,88%) | 1.55 SP (1,25 $) | 1.517 S (0,148 $) | 0,30 $ |
| mallorcaman | 1/34 (2,94%) | 0.775SP (0,075 $) | 0.759 S (0,075 $) | 0,15 $ |
| aidancloquell | 1/34 (2,94%) | 0.775SP (0,075 $) | 0.759 S (0,075 $) | 0,15 $ |
- $ values are not updated.
I decided not to add the tag since some users might find it annoying. If you want to be notified every time an update on current stake and its value occurs please say so in the comments.
Extra stakes earned yet to be added to the list (from last post):
tfeldman - 1
benjojo - 1
cassidyandfranks - 1
There are now a total of 37 stakes for 10% of the funds of @cryptochannel.
Disclaimer - the content in these posts is of a speculative nature and should not be taken serious for your own personal investments. As with all block-chain technology and their assets, the markets are very volatile. I am not liable for any losses you might make if you follow my advice. My SteemFolio is backed by the content I write and the Steem platform thus giving me an edge on the income and a guarantee that you will only be able to benefit by having acquired a stake in it.
Hi acidyo, can I check a couple of things regarding steemfolio please? You/cryptochannel make steemfolio posts and those currently with stake or anyone else can upvote the posts. The post rewards are split 50/50 between SP and Steem, the steem is then used to make crypto investments, the SP is used to upvote comments in the steemfolio posts which then award stake to commenters at one stake per valid comment (maximum of one stake per steemfolio post per account.)
For the post rewards the participating accounts collectively receive a stake weighted percentage of 10% of all the steemfolio SP, liquid steem and crypto investments. The participating accounts are encouraged to continually make comments to ensure they can maintain their stake in the 10% as the number of stakes is increasing over time based on the steemfolio upvotes that award additional stake at your discretion.
For this service, your crypto investment skill, the information you provide in your posts, initial startup SP and other overhead costs you take 90% of the steemfolio portfolio. Is all that correct so far?
Do I need to upvote the steemfolio posts in order to qualify for stake or just make a comment in the steemfolio posts?
I will assume for now that the post upvote is required to qualify for additional stake as it is the source of capital for the steemfolio account SP and the crypto investments. In that case, an account upvoting the posts with a large amount of SP is providing a greater percentage of total post reward for the same stake as someone providing a smaller percentage.
If I have this all correct (and i apologise if I've missed something or have it wrong) then your steemfolio service seems expensive relative to the risks, stakeholder levels of control, fairness of stake weighting and stake inflation.
I commend you for your efforts to add value, distribute information and generate discussion but with the current structure of your project, unless you can explain where I'm misunderstanding it, I feel I'd just be providing a source of funds for you to control, invest and make returns from.
I don't think there is anything wrong or dishonest with your project or approach but I think there will be many of these kinds of projects, where steem accounts are given incentives to use their post rewards not just for quality content, but for a promise of return or as an investment for a fee. I would like to see that awareness and competition ensure these projects are as efficient, fair, safe and beneficial to the steem economy as possible. These kinds of projects have a way of rapidly centralising SP, therefore who is in control of that SP and how it is used is of vital importance.
I'll wait until you've had a chance to respond but I think, at this time, my rewards are put to better use elsewhere. Should that remain the case, please feel free to distribute my stake among your other participants.
In the announcement post on the image it says:
I like having a stake in this group and have no intention to liquidate any time soon. I'm looking forward to the ride!
nice posts friend
Thanks for the update. It looks like the portfolio has made some nice gains - from March 6 to March 30. If that rate of increase keeps up, it will look pretty good in a couple years!
Yeah, not to mention that's just from Steem's price change.
Since we are upgrading to HF 18 soon, is everything still on schedule or should we expect a delay?
What do you mean by everything? :D The hard-fork doesn't change this project all that much, except that comment reward pool won't be added just yet so it gives the project a bigger cause to distribute stakes to active commenters.
Sounds good! Appreciate the clarification. I don't mind having my name tagged if it's not too much trouble. I like the notifications :D
Also interested in the MatchPool since I read ned was on the board and he recently mentioned about it.
Interesting! Tell me more please.
Check out some of the previous posts and the announcement post of SteemFolio. :)
Not too much has happened yet and the funds are still in Steem.
Wow, I am in list! Cool)
Very cool concept! Are you manually managing this or have you setup a bot?