Welcome to Master-Delegator. The solution to your delegation needs.

What is Master-Delegator?

Master-Delegator is an service set up by @rishi556, with an idea from @thebugiq. Using user issued assets on bitshares, users can send DELEGATION Tokens on bitshares to an account for delegations on the steem blockchain.

How does this work?

A user can buy DELEGATIONs on bitshares at the current market price which is determined by other users. They can then send the coin to master-delegator on bitshares with the memo formatted properly to get a delegation.

What are the prices?

A delegation of 1 SP for one week will cost 1 DELEGATION. DELEGATIONs are currently on sale at the price of .1 BTS per DELEGATION at the start, but the price will follow what the market says.

Are there any limits?

Only 250 DELEGATIONs have been issued so far so a user can only get up to 250 SP for 1 week as of now. Currently the max amount of weeks that a user can get a delegation for is 4 weeks. The max will always rise, as Master-Delegator will never power down. This service is meant more for minnows who are looking for cheap delegations to start up and understand the network some more, but can be used by anyone.

How about minimums?

There is a minimum of 5 SP per week. The blockchain requires that a minimum of 3 SP is delegated at one time, and to simplify that, I decided to make it 5. If an amount too low is sent, they will be refunded thought it might take some time as it has to be done manually.

How do I get started?

All you have to do is head over to bitshares and buy the coins. https://wallet.bitshares.org/#/market/DELEGATION_BTS. Once you buy the coins, send them to master-delegator on bitshares with the memo in the format below to get your delegation.
Memo: Name=(YourSteemName), Weeks=(NumberOfWeeksMax4)
Here's an example: Name=Rishi556, Weeks=1
Everything is doing manually for now and so will take some time for delegations to arrive. To notify @rishi556 that you have sent some coins and want it quicker, send a dm to @rishi556 on Discord at Rishi556#2341.

How are weekly delegations amounts determined?

Its simply the amount of DELEGATIONs you send divided by the amount of weeks you want the delegation for. The determined amount to delegate is less than 5, a refund will be issued.
Example: If you send 100 DELEGATIONS and ask for 1 week, you get a 100 SP delegation for 1 week, but if you ask for 4 weeks, it 25 SP delegation for 4 weeks.

Can I buy a delegation for a friend?

Yes, just plop in the name of the account that you want to receive the delegation, you don't have to use your own.

Where do delegations come from?

As Master-Delegator gets started, delegation will come from @rishi556 or other accounts run by @rishi556. As Master-Delegator gets more SteemPower delegations will start coming from @master-delegator as well and soon they will come 100% from @master-delegator.

When is this service available?

Right now. There are some coins listed for sale on bitshares at a low price. If you can grab them and send them, you can get that delegation right now. A portion of the coins will be given away to minnows. Comment below about why you should get 40 DELEGATIONs for your chance to win. These will be sent after seven days of this post being up.

Where's your logo?

Its on its way, traffic is holding it up. Give it a day.
Its now here. Traffic is pretty bad going around the world.

Anything else?

Thats all for now. If you have any questions, be sure to ask in the comments.