All About Delegation (And Where to Invest!)
Steemit Delegation 101
Today we dive deep into the world of delegation. What does it mean? How does it work? And why should you delegate your hard-earned Steem Power to other users? We'll cover all of these questions and more in today's video.
Links Mentioned in Today's Video:
- A Brief Guide to Delegating Steem Power by @liberosist
- GitHub Steem Releases
- SteemBotTracker's Steem Delegation Manager
- MinnowBooster.net
Recent Posts
- APPICS - Steem SMT ICO Review
- Brandon Frye Upvote Bot - Updates and How to Create Your Own Bot
- Delegate and Receive Daily Passive Earnings
- SteemApp Review: Community Funded Steemit Mobile App
- I'm Boycotting Dtube... And Here's Why
- Top 7 Steem Apps Stealing Your Rewards... And 3 Who Aren't!
- Steem, Steemit, Dtube, and Dlive Updates
- 5 Ways to Maximize Your Curation Rewards
- How (And Why) I Created A Second Steemit Account
- Where Does The Money Come From (Value and Rewards Pool)?
Want to Earn Passively on Steemit!?
Introducing the @brandonfrye upvote bot where users can bid for promotion on their posts! And those who delegate their SP to the bot are earning a whopping 80% from all of the bids. Talk about a completely passive investment! If you'd like to learn more, please see this post.
Daily Comment Reward
- Upvote this post
- Leave a unique comment (not just a "great video!" or "follow me")
- And you could win $20 USD worth of SBD!
That's it! It's also a great idea to go ahead and follow my channel so that you don't miss any upcoming posts. You can do that here: https://steemit.com/@brandonfrye
@brandonfyre Great article!
Thanks @thetruth36! Glad to see you here too :)
Watched your video and i am waiting for some numbers in the next video . Good explanation . Please try to make a calc sheet , so that we understand much more .Appreciate your effort.
Will do.. it's actually already in the works. Just want to get a little more data first. But it's looking like about 35% APR or higher which is similar (or more) than other upvote bots.. and higher than typical MinnowBooster delegation leases. 😀
Welcome back Brandon after 6 days.
I think delegation is one of the best ways to earn some passive income on the Steemit network. Aside from this, Leasing SP is another beneficial way to become more influential on the Steem blockchain.
@smartsteem and @minnowbooster provide great services to the users and one of the services is delegation. I like the service of @smartsteem because they provide a tool to calculate revenue means How much a delegator will earn with the certain amount of delegation and I think that's great!
Yeah, they are a great service and I recommend people check them out! Real classy people over there at @smartsteem!
Thanks for the feedback about smartsteem, @mslifesteem!
You're welcome @therealwolf. Your services deserve appreciation and I appreciate you for providing such amazing services to all the Steemians.
Just Delegated 66SP to you...
Hi Brandon, yours was the first videos I saw on YouTube about the website and you were the first person I followed. Thanks for your advice and hope to hear more from you soon.
Excellent @tony19r, I'm glad to hear that!! Appreciate the support :)
Thanks for all the information and help you are providing to this community. I've learnt a lot from you since I started on Steemit at the beginning of the month. I really appreciate it. Cheers.
Thanks for your kind words, @quasekiwi, I appreciate the support! :)
thank you for your great work. looking forward to earn more on steem
You're very welcome. I'm glad to help get you there!!
I don't know man. I've never tried delegating. Kinda gives me that feeling you get right before that roller coaster's about to go over the edge... But I'm sure it's one helluva ride! :)
source
Lol, nothing scary to it. 😄
Congratulations to the winner. That is a fabulous prize to offer. A new follower here. This is the second video of yours that I have seen. Very informative and very helpful. I was a little confused on how minnow-booster worked. You cleared some things up. A question for you. How will you be voting your delegated SP?
Thanks @prydefoltz! Glad that cleared some things up for you. And I will be using the SP delegated to me for my upvote bot. I have a promotional upvote service for people to use. You can learn more about it here if you like: http://bit.ly/earnsbd
I understand there is a lot of money to made with bid bots. It is nice that those that delegate to you will also share in the profit. We need to spread that stuff around. Wishing you and your collaborators good luck with the endeavour.
You got a 3.93% upvote from @postpromoter courtesy of @brandonfryeroi!
Want to promote your posts too? Check out the Steem Bot Tracker website for more info. If you would like to support the development of @postpromoter and the bot tracker please vote for @yabapmatt for witness!