MAP Rewarder: Distributed Rewards for 1 Apr 2018 (APR 21.1%)

This week's distributed profits are 0.405%, equivalent to an APR of 21.1%.

The gross income was 0.539%, with 10% going towards management and development and 15% to support the MAP community. Please note that the distribution is now 75% of gross profits, an increase from 72%.

Profits will be paid today to SP delegators in STEEM.

To delegate SP to MAP Rewarder, please read our Introduction document.

If you do not have spare SP to delegate, then you can still follow our Curation Trail on SteemAuto, and gain some higher-than-average curation rewards; please read the Advice section below.

News

In pure STEEM terms, upvotes are currently worth 0.49% per week per SP. This is flat compared to last week. However, adjusted for 25% curation rewards, 50-50 payouts and the blockchain price of SBD ($1.53 as of writing) this yields just 0.46% per week per SP. Notice that at these price levels the percentage return in US$ terms is lower than in STEEM terms.

Within this context, our gross profit of 0.539% continues to be good.

Those of you who delegate to bidbots should look at your actual returns as a percentage of SP; you will see that those too have fallen, some of them below what we at MAP Rewarder have been achieving.

Most importantly, I feel we have done very well within a turbulent environment, with gross income continuing to be above the average for the market as a whole. But we have two missions: to be profitable to delegators and to support our minnow content creators. The Hive account@accelerator account, ignoring the delegated SP, is growing slowly but steadily and forms the basis of our upvotes to minnows who are MAP members.

Advice

As part of our MAP Rewarder strategy, all posts by Hive account@accelerator will, at some point, receive an upvote from a bidbot. I usually leave this for a few hours to allow our followers to upvote our posts before the arrival of a larger upvote. I know that a few have noticed this and are taking advantage of the opportunity to earn some extra curation rewards. Look at any post with large upvotes and you will see that some of the early upvoters are earning back even more than their upvote! The power of mathematics. :-)

To do so means either following just the posts of Hive account@accelerator or also the upvotes given out. This can be done within an app such as SteemAuto. Using the language used on SteemAuto, following and upvoting just the Hive account@accelerator posts is called the Fanbase; following our upvotes to earn extra curation rewards is called the Curation Trail.

Next rewards distribution will be on Sunday 8 April.

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