Introduction
If you have read our last post then you will probably know that the Burning Bid-Bot is not only offering 100% of its earnings to its delegators, it is also sharing the curation rewards that it earns when upvoting, this curation rewards will be used to support 5 projects that have as a focus to:
- Increase delegators earnings to provide a greater Return On Investment (ROI)
- Provide a stable source of income for delegators
- Burn Steem constantly to reduce its inflation rate and encourage more investors to come
- Curate good content and give minnows an opportunity to earn Steem and enjoy posting on the Steem Blockchain
- Provide whales an opportunity to earn almost as much as with self-voting and support the Steem community through good content curation and Steem burning
- Curation Project
- Burning Project
- Increased Revenue Project
- Whale Project
- Backup Fund Project
All 5 projects will be activated at once as soon as the
Burning Bid-Bot reaches 100,000 Steem Power, here are the following percentages of curation rewards that each project will receive according to the amount of Steem Power the Burning Bid-Bot has:
Burning Bid-Bot Roadmap
Currently
- 100% earnings go to delegators
- 15% of Curation Rewards go to the largest delegator
- 5% of Curation Rewards are burnt
100,000 Steem Power Milestone
- 100% earnings go to delegators
- 10% of Curation Rewards go to the Curation Project
- 10% of Curation Rewards go to the Burning Project
- 10% of Curation Rewards go to the Backup Fund Project
- 10% of Curation Rewards go to the Increased Revenue Project
- 5% of Curation Rewards go to the Whale Project
500,000 Steem Power Milestone
- 100% earnings go to delegators
- 15% of Curation Rewards go to the Curation Project
- 15% of Curation Rewards go to the Burning Project
- 15% of Curation Rewards go to the Increased Revenue Project
- 10% of Curation Rewards go to the Backup Fund Project
- 5% of Curation Rewards go to the Whale Project
1,000,000 Steem Power Milestone
- 100% earnings go to delegators
- 25% of Curation Rewards go to the Curation Project
- 25% of Curation Rewards go to the Increased Revenue Project
- 15% of Curation Rewards go to the Burning Project
- 10% of Curation Rewards go to the Backup Fund Project
- 5% of Curation Rewards go to the Whale Project
5,000,000 Steem Power Milestone
- 100% earnings go to delegators
- 25% of Curation Rewards go to the Curation Project
- 25% of Curation Rewards go to the Burning Project
- 25% of Curation Rewards go to the Increased Revenue Project
- 10% of Curation Rewards go to the Backup Fund Project
- 5% of Curation Rewards go to the Whale Project
Curation Project
The Problem
There are very few curators nowadays making it almost impossible for a minnow to receive the juicy upvote they need to keep motivated enough to not give up on Steem and keep on posting quality content which is what Steem is looking for.The Purpose
The purpose of the Curation Project is to give the chance to minnows to get upvotes for writing quality content.How will it be done?
The main account
All the Steem Power that the Curation Project receives through the Curation Rewards that the Burning Bid-Bot generates and are assigned to fund this project will be powered up in the main account which isCurator accounts
There will be multiple accounts that will be created, this accounts will receive delegations from the main account (Human curators
This is the most important aspect of the- Only upvote content that you consider to be good
- You can only upvote one of your posts once a day
- Try to be as active curating as possible
Content regulation
Curators will also be able to flag posts which don't provide any value to the Steem Blockchain. Flags will have to be because the post is a bad one, it will not be because of the person who posted it.What if the curator turns evil?
In the unfortunate case in which a curator that has been given one of this accounts is misusing the account by upvoting themselves or upvoting obvious non-quality posts the passwords for that account will be changed and that account will be given to other person (anyone will be able to report when a curator turns evil through our Discord).Leveling system
If a curator is doing a great job and is being active he/she will be able to receive a higher delegation amount from theConclusion
The main idea for theWhere will funding come from?
As soon as theDelegate!!
If you want to create a custom delegation to the10 Steem Power
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100 Steem Power
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500 Steem Power
1000 Steem Power
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100000 Steem Power
A list of what makes the Burning Bid-Bot unique
- 100% earnings for delegators
- It shares a big chunk of the curation rewards it generates
- It has 5 projects to amplify its effectiveness: Curation Project, Burning Project, Increased Revenue Project, Backup Fund Project and Whale Project.
- It has a welcome bonus for delegators
- Delegators can suggest changes and if good for the bot they will be applied
- Random lottery
- Giveaways (currently we have a ChibiFighter giveaway)
Premium Bonuses for delegators
Welcome Bonus
If you are delegating to another Bid-Bot and are worried about delegating to the Burning Bid-Bot because you'd lose the earnings from 7 days (the amount of time it takes to undelegate) then you've come to the right place, we are currently offering a bonus in which after delegating you will receive 3.5 Steem per 1,000 Steem delegated so you have no excuses not to delegate to the
Large delegator bonus
If you delegate 5,000 Steem Power or more you will receive 1 Free Chibi Founder, there will be a total of 3 Cibis gifted so hurry up! You can claim your Chibi through Discord.
Chibifighters Giveaway
We are giving away 2 Chibi Founders of Gen 0, in order to participate you only need to delegate at least 10 SP to the
Promote your post with the Burning Bid-Bot
If you want to promote your post you can do so by sending a minimum of 0.01 SBD/STEEM to
Rules & Terms of Service
- Bidding rounds every 2.4 hours
- Min bid is 0.01 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
Join us on Discord
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,