RE: # Introducing @smartvote, the Steem quality content upvote system

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RE: # Introducing @smartvote, the Steem quality content upvote system

smartvote (60)in #introduceyourelf • 6 years ago

We are decreasing our entry delegation to a fixed 25 SP as we will be recover our expenses in other ways. Hopefully, this will help more newbies to grow with us.

6 years ago in #introduceyourelf by smartvote (60)

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bsfmalaysia (53) 6 years ago

Why is it not profitable to admit delegation of 25 SP under current plan? Or will you be making a loss?

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smartvote (60) 6 years ago (edited)

It's not just profitability but also management. There are other reasons including:

if we lower too much, it's opening door to abusers who create multiple accounts. We manually upvote for quality control so this would also create too much work.
if someone delegates 1 SP, they should receive 10 SP upvotes which is virtually impossible to do with our current Steem Power. It's not even 1% vote weight... 25 SP is the minimum we can do.

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bsfmalaysia (53) 6 years ago

Thanks, very detailed explanation

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