Level 22 is finally here after the transition from Steem and the project is fully ready to move forward again here on Hive. All shares from Level 21 have been burned and the upvotes they represent will increase returns of active shareholders, the Curation Reward Dividends have also been paid out a couple of weeks ago (Link). The account has now reached 5741 HP and 50 more shares have been unlocked which opens up Level 22 (See Table).
| - | Tribe | Currently Staked | Multiplier |
|---|---|---|---|
 | Hive | 5805 HIVE | 1x |
 | Leofinance | 600 LEO | 5x |
 | Palnet | 1440 PAL | 3x |
 | Sportstalk | 250000 SPORTS | 5x |
 | dblog.io | 1000 DBLOG | 5x |
PLEASE DON'T USE TAGS ON POSTS THAT DO NOT BELONG IN THESE TRIBES!
| - | 50 | Available Shares |
|---|---|---|
| Share Price | 4.520 HIVE | Can be recovered at any given time by selling the share on the market, but comes with a 0.200 STEEM exit cost which benefits all other shareholders. |
| Share Entry Cost | 0.300 HIVE | Will fully be used to Buy Delegation to slightly increase the upvote worth and allows 1 Minnow Share Sponsorship. |
| Total | 4.820 HIVE | The total Hive for 1 Share |
At any given time, the amount of HP in the account will at least be 10% higher compared to the current share price based on the number of shares. [ Example Level 22 Price = 4.520 HIVE| Minimum Powered Up HP in Account = (4.520 HIVE x 1150 SHARES)x1.1 = 5718 HP ]
Each share represents an equal minimum daily voting % from the account that can be calculated. For Level 22 this is 1000% / 1150 Shares = 0.87% Upvote.
This is the Minimum Guaranteed number in case every single share is active and all daily upvotes are used without counting any of the value creating mechanisms the project offers. The minimum value goes up each time a new level is reached because shares will always become more expensive as the account grows and extra SP is being added each new level. Those who got in on previous levels paid less for each share and have increased their minimum return a bit (see numbers). To compensate for the 50/50 curation rewards the program also pays out Curation Dividend Rewards each time a new level is reached. The latest payout report can be found here
We are nearly 2 years and 22 levels deep in this project and all the value-creating mechanisms are starting to show results as the 0.87% minimum promised daily upvote can easily be set at 2.8%! On top, all existing shareholders always got their shares at a cheaper price compared to what these percentages are based on, Curation Reward Dividends are being paid out and the Tribe Upvotes are also being distributed. This is all done in a way that nobody is losing their initial investment thanks to a solid economic model that simply works!
Every Upvote Share comes with 1 Minnow Share that can be sponsored. The ones that get sponsored get on the auto-upvote list from the
account until the next level is reached. Everyone who manages to get sponsored 9 Minnow Shares over time can claim 1 Upvote Share.
The account of every Shareholder will be followed by the
Send the required HIVE for the number of shares you want (Shares x 4.820 HIVE) to the
Payment Level 22 Shares, I understand how this project works and agree with all terms and conditions (https://hive.blog/curation/@upvoteshares/upvote-shares-or-terms-and-conditions-qc10mo)
I will review the request (make sure you have read what this program is about) and grant the shares adding you to the upvote list leaving a message below this post or decline the request and refund the Hive to you along with the reason it was declined. If you are not sure if you qualify or if there are shares left available feel free to make a request in the comments below. You will be able to let me know who you want to sponsor in the comments once your shares are confimed.
If you are new to this project, feel free to do all the calculations yourself and ask any of the existing shareholders about their experience with this project so far.
List All Shareholders
That's it, I will do what I can to make the progression go as smoothly as possible. Feel free to let me know if I made a mistake somewhere along the way. I will make the next post once Level 22 is complete.