Level 34
My aim was to open up level 34 before the new year so here it goes. Once again 50 new shared become available with only a couple more levels to go after this one. Depending on how things go I might speed things up a bit and burn all unsold shares after a week or so opening up the next level quite soon in 2023 and also buring those in case they don't get picked up quickly. Upvotes were set at 2.8% for each share and they remain there for now unless the voting power has difficulties holding up. The 2.8% has been in place for long while the account power has grown a lot so it's bound to go down at one point in time.
I continue to slowly add some more tribe tokens, even though most are not that much. Every bit provides some added value to shareholders that are active in these tribes.
| - | Tribe | Currently Staked | Multiplier |
|---|---|---|---|
 | Hive | 11454 HP | 1x |
 | Leofinance | 700 LEO | 10x |
 | Palnet | 2505 PAL | 2x |
 | Sportstalk | 400000 SPORTS | 10x |
 | Neoxian | 14500 NEOXAG | 5x |
 | ClickTrackProfit | 590 CTP | 10x |
 | Proof Of Brain | 500 POB | 5x |
 | 1up.zone | 1000 ONEUP | 5x |
PLEASE DON'T USE TAGS ON POSTS THAT DO NOT BELONG IN THESE TRIBES!
| - | 50 | Available Shares |
|---|---|---|
| Share Price | 5.240 HIVE | Can be recovered at any given time by selling the share on the market, but comes with a 0.200 HIVE exit cost which benefits all other shareholders. |
| Share Entry Cost | 0.300 HIVE | Will fully be used to Buy Delegation to slightly increase the upvote worth and allows 1 Minnow Share Sponsorship. |
| Total | 5.540 HIVE | The Total Hive for 1 Share |
| 1 Daily or Weekly upvote from the @upvoteshares Account | This for as long as this project runs. (the 5.240 HIVE Share Price can be claimed back in case the project ever ends or sold at any given time!) Everyone with <6 shares will get 1 weekly upvote with a x7 value. |
|---|---|
| Tribe Upvotes | The table above shows the staked Tribe tokens which will increase the payouts on posts with that tag! |
| 1 @minnowshares Sponsorship Giveaway | Can be Sponsored to someone by choice to accounts that are minnows. |
At any given time, the amount of HP in the account will at least be 10% higher compared to the current share price based on the number of shares. [ Example Level 33 Price = 5.180 HIVE| Minimum Powered Up HP in Account = (5.240 HIVE x 1750 SHARES)x1.1 = 10087 HP ]
Each share represents an equal minimum daily voting % from the account that can be calculated. For Level 34 this is 1000% / 1750 Shares = 0.57% Upvote.
This is the Minimum Guaranteed number in case every single share is active and all daily upvotes are used without counting any of the value-creating mechanisms the project offers. The minimum value goes up each time a new level is reached because shares will always become more expensive as the account grows and extra HP is being added to each new level. Those who got in on previous levels paid less for each share and have increased their minimum return a bit (see numbers). To compensate for the 50/50 curation rewards the program also pays out Curation Dividend Rewards each time a new level is reached. The latest payout report can be found here
Every Upvote Share comes with 1 Minnow Share that can be sponsored. The ones that get sponsored get on the auto-upvote list from the @minnowshares account until the next level is reached. Everyone who manages to get sponsored 9 Minnow Shares over time can claim 1 Upvote Share.
The account of every Shareholder will be followed by the @upvoteshares account, this increases the followers_mvest which potentially helps to get extra support from other programs.
Send the required HIVE for the number of shares you want (Shares x 5.540 HIVE) to the @upvoteshares account with the memo
Payment Level 34 Shares, I understand how this project works and agree with all terms and conditions (https://hive.blog/curation/@upvoteshares/upvote-shares-or-terms-and-conditions-qc10mo)
I will review the request (make sure you have read what this program is about here) and grant the shares adding you to the upvote list leaving a message below this post or decline the request and refund the Hive to you along with the reason it was declined. If you are not sure if you qualify or if there are shares left available feel free to make a request in the comments below.
If you are new to this project, feel free to do all the calculations yourself and ask any of the existing shareholders about their experience with this project so far.
I'm still behind on the Minnowshare conversions and I'm not sure if I'm going to be able to find the time for it the coming weeks. If anyone has enough to be converted always feel free to leave a comment and I'll convert them into an extra share for the upvoteshares program. I will see how big or small the demand is for this round and burn the shares if needed to move onto the next level.