Upvote Shares Level 20 (100% Complete)
It took a bit longer than usual, but Level 20 is now 100% complete with the Steem for all shares being locked up in Steem Power which continues to spread daily upvotes to all shareholders. All unsold shared got burned as the account grew and they increase the returns for all shareholders a bit as the upvotes for these shares along with the curation dividends get redistributed to all active shareholders. In total since the start of this project 28 shares got burned, 34 are still unused as they are reserved for Sponsorship conversions and 18 are unused for future giveaways.
15 STEEM from entry fees were used to get an extra delegation of 380SP for 15 weeks. The upvote % for each share had not been adjusted for multiple levels which put some more pressure on the Voting Mana. I did adjust it down yesterday from 3% to 2.8% for each share with the aim to get voting Mana back above 80%
I also continue to increase the staked steem-engine tokens...
|STEEM||5411 SP + 1696 SP Lease|
Level 19 Shares
The ones who haven't given out their sponsorships can still do so the next couple of days in a reply to this post if they want to...
The Account reached 5082SP which opened up Level 20 and made 50 new shares available that were acquired for 4.400 STEEM each (220 STEEM Total). This was Powered Up and 22.0SP (10%) was added on top. (an equal amount was paid out as curation rewards to shareholders) The account now needs to reach 5397SP (+22.3SP) making every share worth 4.460 STEEM to open up Level 21 ...
Next post will be posted when the next Curation Reward Dividends will be paid out followed by Level 21 Opening up...