Dustsweeper Costs Update

in #dustsweeper3 years ago

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Dustsweeper here from Dusty-land. Just a quick update to let you know about a recent change to the calculated cost per vote. As described in the Dustsweeper FAQ the vote from @dustsweeper were never meant to return a profit, the profit was purely coming from the saved dust.

Initially, the vote value received was 2x the amount paid in. At the time of release, that was the exact amount needed for a breakeven vote. The plan was to introduce a dynamic model that would adjust to the current STEEM and SBD prices, but time constraints and other priorities delayed that from happening.

Dynamic model now in place

With the big price drop, Dustsweeper votes were getting 50% more profitable than advertised. Consider that a small Dusty Gift. :) But we have now implemented a dynamic model that will adjust according to market conditions.

Upvotes received will stay the same and transfers will still be doubled when added to your account, but the amount subtracted from your balance will fluctuate.

So currently a $0.03 @dustsweeper vote, will cost you around $0.045.

If you have any questions, please let us know in the comments below.


dust sweeper
Designed by @charisma777

Dustsweeper Stats

Here the latest Dustsweeper statistics.

  • We have 900 Users registered.
  • $1200 in total outstanding upvote balance for all users.
  • A total of $390 saved from turning into dust.


ps. If you wonder about the cool @dustsweeper graphics above, they were all designed by @charisma777. Please check out her post: https://steemit.com/dust/@charisma777/a-gift-for-dustsweeper


Dustsweeper is an initiative supported by Witness @danielsaori. Daniel is also one of the co-founders, together with @davemccoy. Their shared vision is to help newcomers grow and prosper in the STEEM universe.

Seeing a 2 cents profit turn into dust doesn't sound like much, but for someone new, it can make all the difference. @dustsweeper is trying to prevent that potential disappointment by helping protect those tiny profits.

Do you like Dusty? Please give a Witness Vote to @danielsaori

SteemConnect Link

Steemit Link
Vote for danielsaori

Vote for danielsaori

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I have a few questions, here I go:

  1. Is this initiative still running?
  2. Do you leave comments after dustsweeping (Im just gonna call it that).
  3. is this correct?"So currently a $0.03 @dustsweeper vote, will cost you around $0.045." if so, will I still make a profit from those votes if i pay more than 4ct for a 3ct upvote? did I read or understand it wrong?

looking forward to your answer.

edit : I might also have an idea concerning your initiative, why not accept votes for your comments/articles and add the payouts from those votes to their balance, this way people without liquid steem (beginners for example) can also use dustsweeper.

Hi, thank you for your questions.

1 - Yes, Dusty is working harder than ever. :)
2 - No comments. We don't want to spam unnecessarily. But we do send low-balance comment notifications.
3 - While I was writing the reply to this question and explaining the logic, I realized that my logic was flawed... ooops. The profit has increased by 50% and not by 100% as I had shown in the example.
Thanks for pointing it out! I keep track of all votes, so I can easily compensate for this.

Interesting suggestion btw. But might be tricky as all votes would be added. Potentially we could add $50 to an account of a whale without that being their intention.

Ok thanks for the answer, I started using it myself now.
I understand, who wants to help a whale :P.
Great initiative I am loving it!

I really want to know how much balance I've got left.

Hi there, sorry for the delayed reply.
You currently have $1.14 in your balance.

You can always send a tiny amount to dustsweeper, something bigger than 0.001, and you will get a notification back. In the near future, there will also be a dedicated Dusty Discord server.

Thank you, that throughly covers what I wanted to know.

Hi there, is now accepting STEEM~? or SBD only?

Yes, STEEM has actually always been an option.

Hey @dustsweeper

Since posts no longer pay out any SBD, can we send through STEEM instead and you'll do the calcs and update our accounts with the relevant amount of SBD or should we convert STEEM to SBD ourselves and send through SBD.

Thanks in advance.
\m/

Yes, STEEM support has been there since the release.

hmmmm... my bad. Thanks for letting me know.
* exits the room and goes to make an appointment for new reading glasses* :P

I am a little confused (par)
I get payouts of .008 and less all the time? Why aren't those dust?

The $0.02 threshold is the gross value. The author keeps 75%, that is split 50/50 between SP and (SBD or STEEM). So the payout part in SBD/STEEM could be as low as 0.075.

So currently a $0.03 @dustsweeper vote, will cost you around $0.045

Will it deduct 0.045 from our account we have with you or will it cost us that much to receive an upvote?

Hi, sorry for the late reply!

0.045 will be deducted from your account, the received upvote has not changed.
The 0.045 is an example if your upvote is worth 0.03. Currently, 50% more is deducted from your account, as your payout profit is 50% higher.

Awesome!! Way to stay innovative! @dustweeper for the win!! Thanks guys!

good afternoon, yesterday I sent you steem and wanted to know if you vote any of my post with what I send, thanks

Hi there, not yet. It scanned your posts but couldn't find any dust.
I just voted two of your comments so they should be picked up shortly by Dusty. :)

Are you aware of this site: https://steemworld.org/@apoloo1
Great way to check stats and confirm votes etc.

y en castellano a que se refiere que no ha encontrado polvo? en mis publicaciones

Cool. Thanks for the update. I have been saving a lot of dust thanks to this service. It's surprising to know that dustsweeper has only 900 registered users, though.

That's great to hear. I checked the stats quickly for you. You have received 40 votes and saved a total of $0.45.

@danielsaori any chance you can pull my stats or how I can access it?

Sure, you have had 20 votes and saved a total of $0.23.
Feature to check this will be available via Discord at some point in the near future.

As long as you're telling folks, could you tell me, too? Both how much is left in my account and how much dust I've saved?

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In this case, dust refers to the minimum payout value on the blockchain.
Any Post/Comment not getting above $0.02 after 7 days will be worthless. So if your comment is worth $0.019, you will get nothing...
That is the dust @dustsweeper is saving.

i don't understand you line 'if your comment is worth $0.019 you will get nothing '

I upvoted your comment now, so it is worth around $0.01. If that will remain like that until the 7th day, nothing will be paid out.

There is a built-in threshold in the blockchain that prevents pay-outs of less than $0.02. That is the whole idea behind creating Dustsweeper, to help protect these small profits.

Haha! Thanks for letting me know.

Thanks @dustsweeper @davemccoy just sent 1steem to @dustsweeper for all that dust

The Crypto Markets are going crazy. By the way, regarding the change in the dust value on the next Steem hardfork, how is that going to affect this service?

Indeed, the markets are a bit crazy at the moment. :)
The change to the dust vote threshold in HF20 will only have a small impact. I think I calculated it to a 0.3% value loss.

Sorry, I can't get it, was that mean cheaper or more costly?

I’ve found it’s not worth it honestly unless ur a newbie. If u can afford some steem power u night as well upvote then urself
It’s no dif then paying a service too

This services has its value somehow, in other way of thinking. I'm newbie btw.

Aug 2017?
Not a newbie my buddy
But do whatever works for u 👍

I joined that month but I started using last month, LOL

Cool👍
Maybe my opinion is only valid at higher level. Like I said I’m singed up too. It’s just my opinion it’s not much different then upvoting the post ourselves. So again just my opinion
I think it’d a good service for anyone who doesn’t have enough steem power, I just think it’s not worth it once we do. We can disagree👍

That said for a total newbie without steem power it’s def worth it. Plus the community here is good people. I just don’t think it’s worth it for anyone with a reputation of over 50 like u or me. We should have enough steem power by now

Well, except that there's a lot of finger-waving in the direction of self-upvotes. This way you don't have to explain WHY. You also don't have to keep track of all your dust. And if you're self-upvoting all your comments, then even I will wave my finger at you as it makes sorting for the most valuable comments less useful.

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It has been cheaper than expected in the last 2 months. Now it will be back to normal. The service is not meant to bring a profit for the vote itself, it is only meant to save your dust votes from being lost.

Lost in the ether....🤔 Thanks again

Can we now pay with steem, since there is no more SBD being paid?
Peace.

Hi, yes you can.
Paying with STEEM has always been an option. The amount will be converted according to current market rates.

Thanks for the reply, I just sent 1 Steem.
Peace.

Is this an error?

@dustsweeper sent me a message that my account is less than $0.30. After sending $1 SBD to renew I got this message back in my wallet ledger.

$2.0 of upvote value has been added to @dustsweeper. Current balance is: $2.282 of upvotes.

Unless you are giving away two-for-one deals, I am curious what happened. Is the message wrong, or is account doubled, are these both an error, or is $1 SBD really worth $2 of dust votes?

No, that is correct.
When we started Dusty the price of STEEM and SBD were both around $3USD. At that point, an upvote worth $2 returned 1 SBD in profit. That's why we picked 2-for-1 for all transfers. As the price dropped, we have now a dynamic model where the amount subtracted from your balance is reflecting current market prices.

Check out the FAQ and the latest Dustsweeper post for a more detailed explanation.

To a redfish like me, @dustsweeper is a great and necessary tool to have when every cent earned counts. I appreciate everything you guys do! :)

thanks for this information

Thank you for the update, also nice to see HF20 is being planned for.

Hey where can I find more info on HF20?

You're welcome, sometimes it does not take long for things to get lost in the stream of steem.

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good night, I'm still waiting for some post to vote your bot

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Hi, dusty! I checked and found that I have not received upvote from you since last week. What may be the reason? Perhaps my fund had ended but I also not received any notification in this regard. Kindly let me know about the situation.
Thank you in advance @dustsweeper

They miss some for periods of time it seemed for me but then when they explained it it has to meet a certain threshold so your prob still good.

I still have not get any response from them.

I’ll make u the same deal i’ll Upvote your comments and posts with at least 5 cents value each.
I’ll give u 100 upvotes that’s $5.00 value
For just 2 steem. Tell u what let’s do a free trial. Check back in a couple days and tell me what u think

Limit will be 7 a day so that’s at least 35 cents value to u. Give me $1.00 worth of steem a week
Your tripling your money. Let me know👍
I have never done this before so it’s an experiment. Look at your comments for next couple days and tell me what u think.

Instead of u sending me steem before you can send after each full week of me doing it. That way you’ll know there’s zero risk

This is good deal. I agree.

Hey! are you interested in delegating some of your steem power?

Hey guys, am currently writing a post promoting your service and headed over to your page to make sure I've got my facts straight. Anyways, I think I'm all set with that but-- reading the comments I got curious-- can I see my dust stats? Like balance, votes received, etc.? Reading others' made me jealous :)

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i m confused and dont know lots of thing i m new how to do any thing and which way progress in this platform pls help me.

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Just dropping in, when my balance is low, I prefer my alert on a recent comment or post. If it's on a post you upvoted. I most likely will miss it.

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I have a balance of 0.056$ I have had that for a month now and havn't gotten any upvote. Whats up with that?

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