This week's distributed profits are 0.682%, equivalent to an APR of 35.6%.
The gross income was 0.947%, with 10% going towards management and development and 18% to support the MAP community.
Profits have already been paid to SP delegators in STEEM.
To delegate SP to MAP Rewarder, please read our Introduction document. Please also note carefully that, because of the 7-day reward period, new delegations are added on a Sunday and will receive their first payout the following Sunday.
News
As discussed last week, current returns on upvoting, in pure STEEM terms is 0.48% per week per SP; adjusted for curation rewards, 50-50 payouts and the price of SBD would yield 0.77%! Last week it was 0.88%. Just look at any bidbot yields and calculate them as a percentage of delegated SP and you will see a drop there too.
This illustrates two things: firstly, the volatility of the prices of STEEM and SBD make any target income also highly volatile; and secondly, that our baseline 0.5% curation income serves as a relatively stable buffer to these fluctuations.
Most importantly, I feel we have done very well within a turbulent environment, with gross income well above estimate. But we have two missions: to be profitable to delegators and to support our minnow content creators. The @accelerator account, ignoring the delegated SP, is growing slowly but steadily and forms the basis of our upvotes to minnows who are MAP members.
Advice
As part of our MAP Rewarder strategy, all posts by @accelerator will, at some point, receive an upvote from a bidbot. I usually leave this for a few hours to allow our followers to upvote our posts before the arrival of a larger upvote. I know that a few have noticed this and are taking advantage of the opportunity to earn some extra curation rewards. Look at any post with large upvotes and you will see that some of the early upvoters are earning back even more than their upvote! The power of mathematics. :-)
Next rewards distribution will be on Sunday 11 March.
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- -Please Comment, Resteem and Upvote. Thanks!
@rycharde manages the AAKOM project and the MAP forum.
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