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RE: @tipU Investors Report 08.05.2018: New Features Overview, New Delegations

in #steemit6 years ago

Hi, I just wanted to make sure everything is working right. I delegated to days ago and received this message:

2 days ago Transfer 0.001 SBD from tipu Thank you, your delegation of 500.0 STEEM POWER has been confirmed. You now have 0.4309% share in tipuvote! profits :) Payouts are done daily if your profit is at least 0.001 SBD. Please remember that delegations don`t add up so if you want to delegate more, delegate new total number of SP (previous delegation + new one). Please note that your delegation could be made in the middle of voting time so first payout may be lower. If you want to check your investment status, send 0.001 SBD to @tipU with memo: status

Here is my first payout message:

yesterday Transfer 0.537 SBD from tipu Payout from @tipU | Total @tipU profit: 163.547 SBD | Your current share: 0.221600% | Your profit: 0.537 SBD | Auto reinvested: 0 STEEM, reinvest ratio at 0% | Your investment: 500.0 SP delegated + 0 SP invested out of 225629.084 SP total | Thank you! PS. You can now tell @tipU to make instant payout, more info here: https://steemit.com/steemit/@tipu/tipu-investors-update-payout-on-demand

I don't understand why my share went from 0.4309% to 0.221600%. Can you enlighten me?

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don't understand why my share went from 0.4309% to 0.221600%

New delegations :) 500 out of something like 120k is 0.43% (calculations from top of my head)
500 out of 225k is 0.22%

But this doesn't lower your profit by any means, it's just a statistic number.

Oh, i see. So there was a bunch more overall investment that diluted my percentage, but since it is paid at a set rate it doesn't affect my profit. Thank you for the quick response!

No problem :) more investments means more total income so even though the share is lower, the profit is the same. 1% from $100 is the same as 0.5% from $200 :)

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