MAXUV Weekly Statement & News - Make Your Steem More Rewarding - 27 October 2019 [MAP Steem FinTech]

Welcome to our weekly MAXUV account statement.

The MAXUV vote bond delivers upvotes that are equivalent to a whale vote (more specifically, a 1 million SP vote) scaled down proportional to your tokens, including curation rewards. The maximum holding of 2,000 MAXUV tokens will yield the equivalent of 2000 SP as if it was in a pool of 1 million SP. We may increase this 2,000 maximum in the future but only when we see more users.

It is important that Steemians understand the effects of the new reward economy beyond merely the decrease in their author rewards and to be aware that there are solutions to this - MAXUV is one solution.

You will get one upvote per day equivalent to a whale self-vote; for many Steemians this will be about 2 to 3 times what they would now be getting for a self-vote. Let us not forget that self-voting is perfectly allowed by the Steem blockchain and, if you're posting once or twice per day, is a perfectly reasonable use of one's own stake.

Without having to go into the complicated mathematics that happens under the hood, I have repositioned MAXUV so that it is an improved model on MAPX, rather than being up against MAPXV.

So, our new mission is to deliver upvotes that are proportional to the tokens held and proportional to a million SP.

So we are going back to the original model of just one upvote per day; very few current members post more than once per day anyway. Those who do wish to have two upvotes should consider @MAPXV.

Our new MAXUV-meter will gauge how close we are to delivering our proportional votes. At 100%, we shall be at our target level. Given the new reward curve, anything above 70% will still be higher than what one can achieve with one's SP alone. Our target is to remain within the bounds of 90% to 100%. It is also possible to go slightly higher.

Current MAXUV-meter = 99%

Note that we are able to adjust outgoing votes to almost any level we please, so we can quickly react to any changing market conditions in the Steem economy.

A reminder from last week, that MAXUV is now sponsoring @ecoinstant's Buildbetter Contest.

I hope to see sales improving soon.

Enjoy your week!

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As I haven't been posting very much, here are a few prizes.

Winner of double upvotes and TRENDO tokens is... @shanghaipreneur !

Winners of TRENDO tokens is... @zekepickleman and @ecoinstar !

Prizes last for 10 days.

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The MAXUV headline figures are:

MAXUV tokens active = 8,732
SP in MAXUV = 7,879
Voting SP = 22,737
Other STEEM = 920
Total STEEM = 8,799

MAXUV ABV = 1.01 STEEM
MAXUV-meter = 99.0% (of 1 million SP)

Note that "Other STEEM" is the sum of all holdings not powered up as SP: liquid STEEM and SBD plus holdings within Steem Engine. Also note that such values are volatile, especially any holdings priced in US$, so the above numbers are a snapshot and may have changed when you look at the @MAXUV account.

The Asset Backed Value (ABV) is our total holdings calculated in STEEM divided by the number of active MAXUV tokens.

Target value for MAXUV-meter is 100% in 1 upvote per day, proportional to your token holdings as if delivered by 1 million SP.

Full details of how the MAXUV token operates can be found at our launch document.

Any questions, please ask in the comments below or in our public chatroom.

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Building Steem's Fintech

[BUY MAXUV] - [READ MAXUV]

[BUY MAPR] - [READ MAP REWARDER]

[BUY MAPXV] - [READ MAPXV]

[BUY MAPX] - [READ MAPX]

Plus Some Serious Funtech

ONECENT: The First Strategic Token Investment Game (STIG)

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