New DeFi project on Steemit called Steem-Staking Launched July 25th, 2020

in #steem-staking9 months ago (edited)



The project steem-staking is a new on Steemit. The project seeks to add to the community by providing decentralized finance investment tools on the Steem blockchain.

Mission Statement:
To make Steem and Steemit widely known as a decentralized finance opportunity.
To target or focus on attracting investors as new users to grow the number of Steemit users and the number of investors on Steemit.
To make use of the existing smart contracts and tokens on the steam blockchain in decentralized financial investment.
To provide information, guidance, support and reputable, transparent investment vehicles on the Steem blockchain.

Start Date:
Planned for August, 2020, but an Earlier Start date in July is possible.

@shortsegments who has been active on this platform for 2.5 years and who has a blog about banking and finance, and a blog about decentralized finance.

What can you do to help?
Participate in the investment program to increase its size and profitability. This allows you to support the program while earning curation rewards.

Steem Staking a safe, passive, smart contract mediated form of decentralized finance investment on the Steem block chain. Which is projected to yield a 10 percent annual return on your investment or ROI

Why is Steem Staking Profitable?

Size matters.
Content creators make money for creating content like poems, stories, pictures, drawings, music or videos. Content consumers make money liking or upvoting these different types of content. The amount you get paid depends on the strength of your vote. The strength of your vote is determined by the size of your investment. The bigger your investment, the more you make from liking or upvoting. Steem Staking is big. So we get paid more for our likes, which are called upvotes.

Timing matters.
There are rules. Everyone who reads the rules and instructions knows them. I have studied the rules for two and one half years. I use my knowledge of the rules to make money. We call it maximizing your investment.
We know the best time to vote

Safety Matters.
Your capitol stays in your wallet. We We help you lock up your capitol In a non-withdrawal-able form to keep it as safe as possible from theft. We pay you Steem that you are free to spend or invest to increase your earnings.
You make money while your money is safe in your wallet

Transparency matters.
The blockchain is revolutionary because the accounting books are out in the open for everyone to see.
Here at Steem Staking we want you to trust us, but we want you to check up on what we are doing.
You can see everything we do. Trust but verify.

Steem Staking Smart Contract Explanation
In order to earn the staking interest, you must utilize a two step, smart contract mediated process; First Powering Up powering up your Steem to Steem Power and Second Delegating your Steem Power to the account Steem-Staking. Powering Up changes your Cryptocurrency from liquid Steem to illiquid Steem Power. Delegation means you delegate to Steem Staking the use of the Steem Power, but the actual Steem never leaves your account. Because your Steem is never moved, it remains in your account, under your complete control. A longer explanation is below.

The Safety of Steem Staking Project
I have loaned people money before and it is always risky because once you give someone your money you are now depending on their honesty to return your money ey if things don’t turn out right. You feel vulnerability, but with Steem Staking you never feel vulnerable because your money never leaves your possession. Because with Steem Staking your Steem never leaves your wallet. Your capitol is never at risk from this investment.

The Safety of Steem Staking Project
Your capitol is never at risk from this investment. Because with Steem Staking your Steem never leaves your wallet. Your capitol is never at risk from this investment. Steem-Staking is a creation of @shortsegments who has been on the Steemit platform 2.5 years and @shortsegments set up this program to utilize all the safety features of the Steemit platform in this investment program..

How to Sign Up for Steem-Staking.

If you are new to Steemit and don't have an account start here. Current Steem investors skip to number five.

  1. Create a new account via Steem Instant Sign-up LINK
  2. Buy Steem on one of these exchanges: Binance, Upbit, Bithumb, Huobi Global, HitBTC, Binance, Bittrex, Bitvavo, VCC Exchange, MXC, CoinDCX,, WazirX, Poloniex, Upbit, RuDex and Altilly.
  3. Transfer the Steem to your new account wallet on Steemit
  4. Power up your Steem to Steem Power using the drop down menu you see when you click on the Steem word with the triangle next to it..

Still need help? Contact us via guest account below or in Discord Steem-staking server:

Current Steem Investors Start Here
These are written instructions and I have a step by step picture guide after this section also.

  1. You power up the amount of Steem you want invest to Steempower, using the wallet drop down menu.
  2. Use steemworld to Delegate the desired amount of your Steem Power to steem-staking

SEE Picture Guide to Delegation to Steem-Staking BELOW

  1. Sign into, you do this by typing For example I type @steem-staking
  2. Then once your personal page loads, scroll down to the section called delegation.
  3. Click on the box Delegation
  4. Then a box opens and you find the box labelled who you want to delegate to and type steam-staking.

Be Very Careful as the spellchecker tends to change Steem to Steel

  1. Once you type steem-staking into the who section, fill in the how much section.
    12.. Then click okay after selecting a whole number.
  2. A box will open asking for your active key. Steemchiller has built this and he is a top witness, so your keys aren't stored here after you exit.
  3. After adding your active key, check okay and it will complete the delegation operation.
  4. You can now check your Delegations, specifically outgoing Delegations and you should see steem-staking*

Special Alert Make sure it says steem-staking not steel-staking as the spell checker likes to change steem to steel and you will receive no earnings. Special Alert

That’s it! Now relax.
You set it, now forget it.
Your done!

  1. Your account will start receivIng weekly payments starting in about seven days.
  2. Steem-Staking will list your delegation in the Steem-Staking Report, and the expected date of the first interest payment.
    18.Earnings stop immediately after you remove the delegation. So once you undelegate no further earrings will be sent to your account.

Picture Guide to Setting up Steem Staking











You start receiving rewards 7 days after your delegation date.
Earnings stop immediately after you remove the delegation.
That’s it! Now relax.
You set it, now forget it.


Are you not a member of the platform, but you want to leave a comment? Use the guest comment feature!

Guest Question

Not sure about investing and have a question?
Sign in as a guest and ask a question.

To sign in as a guest3 hit reply below, then use the user name and the posting password to sign in and ask your question.

  1. Click reply
  2. type guest3 in username
  3. copy and paste this: 5KkNyQgpMsRWERkFdAZpvj62mmNkuCACr3dZXdbujRhHXykoXJ1 as the password.


  1. Sign IN.
  2. Type your question in the box and click post.

Introducing Steem Staking


Daily Status Report to follow

Adding Guest Comment Feature

The guest account idea is great!

This sounds like a very good program.
I am very happy to see a program on Steemit promoting the smart contract capabilities here.
Steem and Steemit are programmed to provide decentralized finance opportunities here.
This is much easier then on Ethereum!
It also requires much less capitol to start and there are no Gas fees here!

This is a very good summation post.
The picture instructions are very helpful.
I will stake with Steem-staking to support this effort.
It would be great if you had the guest question option at the end?

I plan to join this project. It would be great to have a DeFi program get some publicity here. We could start with this staking and then do collateralized loans payable with our stable coin SBD!


Clean up the GIF, lose the bottom pictures!

Next is custodial accounts, that allows:
Investors from outside ecosystem
Allows crypto naive to invest with custodial wallet option called EZ INVESTING. THEY BUY Steem using credit card or PayPal using uphold and send it to my wallet. I create an account for them, power up their Steem and then delegate it for them.

True design website called Steem-staking
Use PayPal?
Use visa?
Buy book, but convert book to Steem
Each book is one Steem?
Once funds clear PayPal buy Steem and create an Account
Perhaps claim accounts now?




吃饱了吗?跟我猜拳吧! 石头,剪刀,布~


Please consider participating in this project with a delegation.

I think the idea of bringing DeFi to Steemit is a great idea. There are so many positive things happening on the platform that investors will be impressed and I think more likely yo buy Steem Tokens!

Dear @steem-staking, @shortsegments

Thanks for sharing link to this publication with me.

Start Date: Planned for August, 2020,

It seem that you are starting your project very soon. I keep my fingers crossed.

Personally I found amount of information in this post a bit to overwhelming.

Yours, Piotr

My apologies. I sometimes give to much detail.

Hi @shortsegments

Perhaps you could consider separating different parts of your post with some line and "header" - to make it easier (less confusing) to read. I value all that information, however I found it quite easy to get lost once we're bombarded with so much details :)

Please don't take my feedback as a criticizm.


Hi @crypto.pior
I like the feedback, it helps me make my posts better!

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