The Minnows Accelerator Project (MAP) has been in existence since July 2017 and the aim remains to assist quality content creators. However, instead of relying solely on the limited funds available, I am launching the MAP Rewarder as a managed fund that will reward both SP delegators and MAP members.
The aim of the MAP Rewarder (MAPR) is to generate passive income for delegators and continue to support quality content creators through upvotes and other activities. MAPR will be a managed fund so as to create sustainable growth and an attractive income. Because there is more than one source of income, MAPR will operate on a weekly cycle and distribute rewards once a week.
Sources of Income
Income will initially be derived from the curation and post rewards generated by the 
Income Distribution
A snapshot of the MAPR account will be taken every Sunday at 0800 GMT. At that point, the gross account value is calculated; this will exclude all pending rewards. The profits for that week are calculated based on the previous week’s account value after reward distributions. Management fees will be 10% of profits and the remaining 90% will be divided 20% to the MAP community account and 80% distributed to delegated SP holders. After reward distributions are paid, the new gross account value will be set as the basis for the following week.
The target distributed rewards will be 1% of delegated SP. Please remember that this is a target and not a guarantee.
Testing for 4 weeks has resulted in the distributed rewards shown in the chart below. Existing MAP delegators have been receiving distributed rewards during this test period.
Notice that these are very favourable compared to other passive income sources available within the Steem blockchain. During this testing phase, we have been operating at a VP of only about 60-70% and yet achieved an average APR of 39%. I am therefore hopeful that as the VP increases to over 95% we can achieve our target of 1% reward distribution per week, equivalent to an APR of 52%. This is almost as much as 100% self-upvoting, yet you will also be helping distribute upvotes to content creators.
Rewarding for Delegators and Content Creators
The MAPR fund seeks to balance the demands of both delegators and content creators. The 20% distribution retained by the
Money Management
The current strategy results in most income being received as SP. At the same time, distributions are paid out in STEEM. This has two consequences; firstly, powering down may be necessary at times in order to convert SP into liquid STEEM; and secondly, a proportion of the account will be kept as STEEM to facilitate weekly reward distributions.
How to Delegate SP to MAP Rewarder
There is a handy app available to facilitate the delegation of SP. There are also full instructions available to delegate SP to @accelerator. Please note that, if you use any other app or website to delegate SP, you should only input your active private key when you are on the steemconnect.com website.
Minimum delegated SP is 10 SP.
Anything below 10 SP will be ignored and will receive no weekly reward distributions.
Processing Your First Reward Distribution
PLEASE READ THIS CAREFULLY!
MAP Rewarder is a managed fund that operates on a weekly cycle. This follows the 7-day post reward cycle. There are no daily transfers. All reward distributions are made on a Sunday.
Your first reward distribution is made on the second Sunday following the day of your SP delegation.
So, if you delegate on, for example, Thursday 15 February, your SP is added to the account on Sunday 18 February and your first reward payout will be on the following Sunday 25 February.
You may, of course, delegate on a Saturday, but be careful to check a universal clock that it is before Sunday 0800 GMT.
The distributed rewards percentage for the week shall be announced in an article posted after the cut-off time of Sunday 0800 GMT. Rewards for the week shall be sent as transfers in STEEM during the same Sunday.
Undelegating SP from MAP Rewarder
You may undelegate your SP at any time. You will not receive any reward distribution on the Sunday following undelegation.
Because of the weekly cycle we operate under, these rules are there to avoid anybody delegating on a Saturday and then undelegating on the following Monday. It also allows the newly delegated SP the time to generate income, which may take up to seven days.
Resolving Issues
The nature of delegating SP is that you, the delegator, are always in control. We do not currently accept direct transfers, so there are no “investors”. If you do make a direct transfer by accident, it will be returned to you as soon as possible. If you have any general questions, please leave them in the comments below. If you have issues specific to your account, such as a missed reward distribution, then please contact me, 
Management Team
MAP Rewarder is managed by 
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Please Comment, Resteem and Upvote. Thanks!