Steemhunt Sponsor Program Report - #1

Hello Hunters!

We announced a new Steem Power delegation program two weeks ago, and Hive account@steemhunt raised 24965.21 Steem Power from 17 delegators so far. Thanks so much to all our sponsors!

Our Proud Sponsors so far:

#	Username	Delegated SP	Reward Shares
1	Hive account@bramd	10005.93	66.89%
2	Hive account@tabris	5003.31	Opted out from rewards
3	Hive account@project7	5003.31	Opted out from rewards
4	Hive account@jsquare	1000.59	6.69%
5	Hive account@kingbit	1000.57	6.69%
6	Hive account@noah326	1000.54	6.69%
7	Hive account@koyuh8	500.3	3.34%
8	Hive account@carrotcake	500.15	3.34%
9	Hive account@armdown	200.1	1.34%
10	Hive account@leesongyi	100.06	0.67%
11	Hive account@lcc3108	100.06	0.67%
12	Hive account@soosoo	100.06	0.67%
13	Hive account@strelka	100.06	0.67%
14	Hive account@hwantag	100.06	0.67%
15	Hive account@sunwatcher	100.03	0.67%
16	Hive account@hakguan	100.02	0.67%
17	Hive account@aleister	50.08	0.33%
	Total	24965.21

Payout Schedule

5% of author rewards generated via Steemhunt will automatically be sent to Hive account@steemhunt.pay for the sponsor’s rewards. See below for more details about the payout schedules:

• 25th Apr (Wed) - The 5% author rewards began to be accumulated in Hive account@steemhunt.pay. We are continuously powering down as soon as the rewards are accumulated.
• 2nd May (Wed) - 1/13th of the amount powered down will be transferred to STEEM.
• 7th May (Mon) - First reward for delegators will be paid out.

Steemhunt SP Delegation Program

As we announced in the program launching post, we are collecting 5% beneficiary from the author rewards via the Steemhunt platform, and we will distribute it among sponsors who delegate Steem Power (SP) to Hive account@steemhunt. The amount of the rewards will be proportional to the delegated SP.

How We Use Your Delegated SP

Hive account@steemhunt runs an automated voting bot to encourage hunters to introduce more products and share their opinions about the product. The bot upvotes everyday with the following rules:

1. Hive account@steemhunt upvotes all of the posted products that meet our posting guidelines via Steemhunt.com.
2. Hive account@steemhunt uses 20% voting power everyday, and the set voting powers will vary based on the post’s final rank of the day.
3. Hive account@steemhunt also upvotes the “Pros and Cons” review comments.

You can check out more details and the source code of our automated voting bot here - https://github.com/Steemhunt/api/issues/8

Why We Need Sponsors

As we explained in the program description, Steemhunt is aiming to compete with Product Hunt, the original inspiration for Steemhunt. Since its debut in 2013, Product Hunt, which has over 8 million monthly active users (ref - SimilarWeb), has become the go-to destination for tech start-ups to launch their products. If we are able to make promising hunter’s rewards in Steemhunt, it will be a great motivation to attract the 8 million plus users of Product Hunt to Steemhunt, which will be beneficial for the entire STEEM community.

How to Delegate

You can delegate your Steem Power to Hive account@steemhunt by clicking the delegation button:

100 SP | 200 SP | 300 SP | 500 SP
1000 SP | 5000 SP | 10000 SP
15000 SP | 20000 SP
100000 SP

Or, you can manually input the amount of SP you want to delegate by changing the parameter of the URL.
https://steemconnect.com/sign/delegateVestingShares?delegator=&delegatee=steemhunt&vesting_shares=1000%20SP

• Change ’1000’ to the number you want.

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