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RE: SSEA-MINER : Week 36 Evaluation & Week 37 Launch [EN – ID] Evaluasi Minggu 36 & Peluncuran Minggu 37
I have got a question about club status,
What is the benefit of holding club100 or any other club status?
I see some hold club75 or club5050.
Some, are using it to enter competitions. But, is there any other benefit to it?
Cc. @aneukpineung78
The benefit of holding Club:
In the beginning, the Club determines how much support it can get, especially in terms of votes from official Steemit, Inc. accounts such as sc01 and sc02 and boom accounts.
Not just the Club, in the past there were other things that determined the support, such as the willingness to automatically burn 25% of the rewards by setting @null as one of the beneficiaries and giving it 25%. Some still do the 25% automatic reward burning.
Another thing to look out for is whether an account is buying vote (sending STEEM or SBD (and/or SP delegates) to accounts that promise rewards in the form of votes), but I found this ambiguous when there are witnesses who promise votes to users who vote for them.
I have been maintaining Club100 since July last year where I started with 300+ Own SP.
I see.. Thanks a lot, that is a thorough explanation. I think it would make sense that the Steemit official accounts would favor those who hold club status.
The way I understood this, is that buying votes is different from delegating with a promise of rewards. Delegating (I think) is more close to following someone's votes.
Wow.. That is a long time..
I think clubs other than 100 requires one to do some calculation. So, it is probably the easiest one to hold.
You may have your own opinion. No text book for this, as far as I know. And therefore the organisers of the activities (contests and so on) can also interpret it as they understand it.
Yep, manual calculation is something complex, I guess. Because the factors to be considered (transfer activity, time span) are dynamic: last 1 month observation to see eligibility in club5050, 2 months for club75, and 3 months for club100.
Not to mention for example if in the observation time, Steem (blockchain) prints SBD as well as STEEM (coin), then the SBD:STEEM exchange rate will again become another determining factor. These things make me have not found a certain formula to calculate Club automatically, I have spent some time studying but still not successful. If I manage to understand this, I will provide it as one of the tools for public use that they can utilise to find out the Steem account club. This will be useful for many purposes, especially in some of my future plans on Steem.
To this day I still use SteemCryptic ( https://www.steemcryptic.me/club5050 ) made by @starlord28 and Cotify telegram bot made by @alejos7ven and his team to get club data when I need it, like when preparing daily report for SSEA Booming Vote Allocation Weekly Reports and SSEA-MINER Weekly Reports.
I think this is what caught my eyes the most in here.
Anyway, I think you are doing great for your account and the platform in general.
So, good luck with that...
That is true.. While everyone may have their own interpretations of this. I think the intent what it counts over there.
At the end, the user is not getting all their STEEM in liquid. 50% will automatically go to SP.
Yep, Club is measured based not on total reward achieved from posts, but on total liquid money (STEEM and SBD) in the wallet in the time of observation (not only that comes as rewards, but in any other mean it's in the wallet, let's say someone send you some STEEM, then it will make the determining factor of the Club). 😁 That's why the safe way to reward another account is by powering up to them instead of sending them liquid STEEM (if one wants to maintain their CLub).
Interesting.. Then, that was why in week4 you promised SP and not STEEM.
At the time, I did not see it any different. Because, I thought, I would be powering it up anyway,
I've saved us both the trouble. 😅😅