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RE: How to Sell Your Vote on Steemit and Earn SBD/Steem? An Exclusive Guide on Vote Selling!

in #steemiteducation • 7 years ago

I have not created a guide on this topic yet. I may create it soon. Delegating will mean the following.

  • You will lose some of the influence on the platform you had before delegation.

  • Your influence will be delegated to the person you chose. His or her vote value will increase due to added SP.

  • Your effective SP will be reduced but you will not lose the ownership of your SP.

  • You can undelgate any time.

  • But it will take 7 days after undelegation to get your SP back in your wallet.

I hope it suffices. Questions are welcome (as always). Thank you for the comment.

7 years ago in #steemiteducation by
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     7 years ago  

    Thank you for your reply @ilyastarar :)

    It is very clear and I appreciate it.

    I want to ask something else. Let's suppose that I delegate amount of my SP to you. (for the sake of a simplified example :))

    I am not entitled to any thing, right? Except if you wish to share with me, an amount of your curation rewards. But it is not automated and certainly not obligatory, correct?

    So, what I am asking in the end is:
    If someone wishes to delegate their hard earned steem power, in order to make an (even small) profit, can it only be done by selling votes (through services such as the ones you mention)?

    Thank you again and I am getting ready to create a medium account to follow you there too!

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       7 years ago  

      I am not entitled to any thing, right? Except if you wish to share with me, an amount of your curation rewards. But it is not automated and certainly not obligatory, correct?

      Absolutely correct!

      If someone wishes to delegate their hard earned steem power, in order to make an (even small) profit, can it only be done by selling votes (through services such as the ones you mention)?

      Vote selling does not need a delegation. It works by giving posting authority to the vote buying service (MB and SS). Profitable delegations cases can be when:-

      • You delegate to a bid bot (you receive a share of their profit).

      • You fill an SP lease request on MinnowBooster (you get 90 % of the Steem paid by the person to receive SP delegation).

      • You delegate to anyone, me for example, and receive an upfront or regular payment for it, as decided and agreed.

      I hope your question is answered.

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       7 years ago  

      Yes, thank you! Everything is more clear now :)
      I wish you a wonderful and constructive day,
      Katerina

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