Steemhunt Sponsor Program Report - #3

steemhunt(74)

Published in

#steemhunt

Words

501

Reading

3 min

Listen

Play

Hello Hunters!

Steemhunt is running a Steem Power delegation & reward program, and so far @steemhunt has raised 23482.72 Steem Power from 15 delegators. Thanks so much to all our sponsors! For more details, please check this post: Introducing Incentives for Steemhunt Sponsors.

Our Proud Sponsors & Reward Distribution

Steemhunt sends rewards by STEEM via @steemhunt.pay account. The payment has been calculated as 5% of the reward pool REGARDLESS OF POWERING DOWN (We’re sending the STEEMs from our company budgets). This means that we don't need to wait until the 13 weeks powering down to pay back to our sponsors, this makes it fair for every sponsor. Thanks so much for your support!

User Name	Delegated SP	Reward Share	Payment
@bramd	10013.71	74.35%	7.312
@tabris	5007.2	Opted out from rewards	Opted out from rewards
@project7	5007.2	Opted out from rewards	Opted out from rewards
@jsquare	1001.37	7.44%	0.731
@kingbit	1001.35	7.43%	0.731
@koyuh8	500.69	3.72%	0.366
@armdown	200.25	1.49%	0.146
@hwantag	100.14	0.74%	0.073
@soosoo	100.14	0.74%	0.073
@strelka	100.14	0.74%	0.073
@leesongyi	100.14	0.74%	0.073
@lcc3108	100.14	0.74%	0.073
@hakguan	100.1	0.74%	0.073
@carrotcake	100.03	0.74%	0.073
@aleister	50.12	0.37%	0.037
Total	23482.72		9.835

Steemhunt SP Delegation Program

As we announced in the program launching post, we are collecting 5% beneficiary from the author rewards via the Steemhunt platform, and we will distribute it among sponsors who delegate Steem Power (SP) to @steemhunt. The amount of the rewards will be proportional to the delegated SP.

How We Use Your Delegated SP

@steemhunt runs an automated voting bot to encourage hunters to introduce more products and share their opinions about the product. The bot upvotes everyday with the following rules:

@steemhunt upvotes all of the posted products that meet our posting guidelines via Steemhunt.com.
@steemhunt uses 20% voting power everyday, and the set voting powers will vary based on the post’s final rank of the day.
@steemhunt also upvotes the “Pros and Cons” review comments.

You can check out more details and the source code of our automated voting bot here - https://github.com/Steemhunt/api/issues/8

Why We Need Sponsors

As we explained in the program description, Steemhunt is aiming to compete with Product Hunt, the original inspiration for Steemhunt. Since its debut in 2013, Product Hunt, which has over 8 million monthly active users (ref - SimilarWeb), has become the go-to destination for tech start-ups to launch their products. If we are able to make promising hunter’s rewards in Steemhunt, it will be a great motivation to attract the 8 million plus users of Product Hunt to Steemhunt, which will be beneficial for the entire STEEM community.