Introduction

In this post we will be covering the following subjects:

Updated Roadmap
Dev Fund
Supporting @burnpost
Chibi Fighters Winners announced
Welcome Bonus update
Supporting @drmaizo
UNICO

Updated Roadmap

Currently

100% earnings go to delegators
95% of Curation Rewards are shared among our delegators
5% of Curation Rewards are burnt

100,000 Steem Power Milestone

100% earnings go to delegators
20% of Curation Rewards go to the Curation Project
10% of Curation Rewards go to the Burning Project
10% of Curation Rewards go to the Dev Fund Project
10% of Curation Rewards go to the Increased Revenue Project

500,000 Steem Power Milestone

100% earnings go to delegators
30% of Curation Rewards go to the Curation Project
15% of Curation Rewards go to the Dev Fund Project
10% of Curation Rewards go to the Increased Revenue Project
10% of Curation Rewards go to the Burning Project

1,000,000 Steem Power Milestone

100% earnings go to delegators
40% of Curation Rewards go to the Curation Project
20% of Curation Rewards go to the Dev Fund Project
10% of Curation Rewards go to the Burning Project
10% of Curation Rewards go to the Increased Revenue Project

Curation Project

If you want to learn more about the Curation Project you should read this post, future updates with more info are coming.

Burning Project

The funds that this project receives will be equally divided among:

Supporting @burnpost

50% of the Steem assigned to the Burning Project will go to the @burnpost account, @smooth is doing a great job with this account, all the Steem it has is currently being delegated to downvoting initiatives only and all that Steem will be eventually burnt.

Direct Burning

The other 50% of the Steem assigned to the Burning Project will go to @null directly.

Increased Revenue Project

All Steem assigned to this project will be distributed among the @lrd delegators proportionately to their share.

Removal of Whale Project & Backup Fund Project

We have removed this two projects since we believe those Curation Rewards could be better used in the other 4 projects.

Dev Fund

All the funds that the @steemdevfund account receives will be used to:

Fund Open-Source and Free Projects

The Dev Fund will give funding to those projects which improve the Steem Blockchain in a non-lucrative way.

Fund Private Projects

The Dev Fund will also give funding to private projects, both Steem and EOS projects will be accepted in this category.

Dapps/Service Creation

Most of the funding that is assigned to the Dev Fund will go the creation of Dapps & Services for the Steem Blockchain, once the Dev Fund has enough Steem it will hire Steem Devs to create this Dapps/Services, the profits that this dapps get will be distributed in the following way:

25% of the profits will be reinvested in improving the dapp/service
25% of the profits will go to the Dev Fund
20% of the profits will go to the Steem Devs that were hired to create the dapp/service
20% of the profits will be distributed among delegators proportionately
10% of the profits will go the Burning Bid-Bot team

Chibi Fighters Winners announced

The winners of our Chibi Giveaway are @nenad-ristic and @jester123, in order to claim their prize winners have to contact us through Discord, in order to send you the Chibi we will need your ETH address, congrats to the winners, each of them will receive a Chibi Founder Gen 0.

Welcome bonus update

There is now a welcome bonus of 2 SBD/ 1000 SP delegated to the @lrd Burning Bid-Bot, this promotion will last till we reach 100k SP or the month of May ends.

How to delegate?

If you want to create a custom delegation to the @lrd Burning Bid-Bot click here 10 Steem Power 20 Steem Power 50 Steem Power 100 Steem Power 200 Steem Power 500 Steem Power 1000 Steem Power 2000 Steem Power 5000 Steem Power 10000 Steem Power 20000 Steem Power 50000 Steem Power 100000 Steem Power

Supporting @drmaizo

Dr Leopoldo Maizo (@drmaizo) is a surgeon in Venezuela which is offering his help to the people living in Venezuela that are having a rough time, we sent him 10 SBD from the @safedeposit account equivalent to 1,523,992 Venezuelan Bolivar Fuerte to help him in his project.

UNICO

Our biggest sponsor/delegator is the CEO of an amazing new project that is being developed in the EOS blockchain called UNICO, they will enable creating Decentralized Digital Collectibles on the EOS blockchain. You can learn more about the project in their websiteor in their Steemit blog at @unico.global

Discord Contest

We are currently running a contest on our Discord, more info in here.

Join us on Discord

Rules & Terms of Service

Bidding rounds every 2.4 hours
Min bid is 0.1 SBD/STEEM
Max ROI is 10% after curation rewards
Min ROI is -10% after curation rewards
Min Post age is 15 minutes
Max Post age is 3 days
Spam is not allowed (you can report it in Discord)
Plagiarism is not allowed (you can report it in Discord)
This bot doesn't upvote comments
This bot doesn't leave comments in the posts it upvotes

Must Read!

This post has been heavily promoted to get maximum exposure, we have created this bot having the community in mind that is why we want the community to know about it and suggest new and creative ways to keep improving the Burning Bid-Bot in a way that it is profitable for delegators and that benefits the entire Steem community through projects. Happy burning time, https://steemitimages.com/DQmULCG8WAtw7Ys6jwJGp3KPh3tF3MVt1uS7rRwfbLZ9pP8/update.png