What is @help.venezuela about?
This program aims to support authors from Venezuela that write regularly on this platform. At the moment 24 people are supported.
The people supported by @help.venezuela
@lanzjoseg, @jenina619, @juanmolina, @reinaldoverdu, @hendersonp, @fucho80, @roronoa07, @jadams2k18, @yomismosoy, @sacra97, @chiminguito, @hlezama, @jennimorillo, @darthgexe, @equipodelta, @garybilbao, @por500bolos, @manuelgil64, @topfivefamily, @nachomolina, @peraza82, @tramelibre, @spirajn, @yonnathang
How does this program help people from Venezuela?
The concept is very simple. The authors that are support get an automatic upvote to all their posts from the account @help.venezuela. Thanks to the delegation and the SP of this account, we have 7800 SP voting power at our disposition. Every beneficiary gets a 60% upvote to each of his publications. This represents at the moment around 0.07 USD.
How can this help make a difference?
The economical situation in Venezuela is catastrophic and life is difficult. The possibilities to find enough food to feed the families are limited and the hyperinflation makes dealing with money a nightmare. The avarage salary in Venezuela is around 6$... per month!
For Venezuelan people Steem represents a very interesting income possibility. Thanks to exchanges like Orinoco.io it is possible for them to exchange Steem into a local currency with which they can buy food or other things. Since it's opening in 2018, over 300'000 $ worth of Steem and SBD has been exchanged on Orinoco.io into local currencies by over 3300 unique users (source).
For people in Venezuela the income generated on Steem can really make a difference and @help.venezuela tries to support them as much as it can.
How is @help.venezuela financed?
The initial 750 Steem was a private contribution by myself (@achim03). The program developed however mainly because of the generous delegators:
| Delegator | Delegation in SP |
|---|---|
| @mariusfebruary | 5044 |
| @realself | 1010 |
| @preparedwombat | 125 |
| @crypto.piotr | 100 |
| @akdx | 50 |
| @majes.tytyty | 25 |
| @equipodelta | 20 |
| @devann | 10 |
| @hlezama | 10 |
| @lanzjoseg | 10 |
| @topfivefamily | 10 |
| @garybilbao | 5 |
| @yonnathang | 5 |
Thanks to this great amound of steem power, @help.venezuela grew mainly thanks to curation rewards.
100% sustainable
Thanks to the wonders of steem, the program is 100% sustainable. All the help comes from the available upvotes that renew itself over time. We try to set the voting power so that the account has always time to replenish itself and give a maximum upvote to the beneficiaries.
What happens after HF21?
The new hard fork changed the reality on steem and authors will see their posts less rewarded. This is not necessarily positive for the beneficiaires of the program.
What measures will @help.venezuela take?
First of all, the account will continue to upvote all the posts of the beneficiaires as before. We changed however the moment of the autoupvoting to 5 minutes after publication. The idea is that the account @help.venezuela generates maximal curation rewards. These curation rewards will be reinvested 100% into powering up the account. So we hope that over time the increase of steem power of the account will be able to compensate the lower payouts of the beneficiaries.
New source of income thanks to splinterlands
Being an addict of splinterlands myself, I've created a secondary deck with the account @help.venezuela. This deck is optimized to generate a high amount of DEC. This DEC will be used regularly to power up the account.
Support this project to help people from Venezuela to fight a catastrophic economical situation:
- follow @help.venezuela
- upovte this post
- comment this post
- resteem this post
- set an automatic upvoting to @help.venezuela
- delegate some steem power Delegate 1 SP, Delegate 5 SP, Delegate 10 SP, Delegate 100 SP