My STEEM Empire Income
I've been building my STEEM empire for the last eight years. I would like to start receiving an income from my "investment."
NOTE: I power up 100% of my author rewards. I figure that if anyone is gracious enough to upvote my posts that I should keep the rewards from the upvote on the platform.
I want to sluff off the income from curation.
Lets face it. The last eight years on steemit have been miserable.
I keep losing money when I try to swap between platforms. I lost all the money I put in steem-engine. I keep getting downvoted on HIVE. I created a tribe on HE but got downvoted when I announced it.
The whales never express the reason for the down votes. They just downvote unpopular people to protect their precious rewards pool.
Despite the adversity, I built a tidy stash of coins. My account was worth over $11,000 before everything crashed. The reported value of my empire has dropped to $824.05.
Here is My Current Accounting:
STEEM World reports that I have 6,605 SP and that I receive from 9-12 SP a week. I've also started earning some money on steem hop with the account @vagabondspirit. I am likely to get 55 STEEM this cycle.
Hivestats shows that I have 7,668 HP and earn from 9 to 12 HP a week. This variance happens because I keep voting for people who are downvoted. My upvote value fell below two pennies. So, if I am the only voter, I lose the money.
I stopped posting on HIVE because I get downvoted. They never say the reason.
I have several million coins on hive-engine. It is difficult to report what I am earning because the value of the coins keep crashing. For example, I have 81 K STEM ... and it collapsed.
Most coins deliver a combination of free and staked coins. I am selling off the free coins. I am currently powering down 88 PHOTO a week, 308 VYB, and 25 ZING. I will guess I earn 3 HIVE a week from HE.
My blurt wallet shows that I have 21,538 BP. I seem to earn from 22 to 25 BP a week. I decided to power down 22 Blurt a week. I keep 7 BLURT to pay the fee for upvoting and about 3 blurt a week for posts and comments. I transfer about 15 BP
I stuffed 1,158,752 tokens worth $29.89 in the he liquidity pools. I've earned $0.92 in lifetime fees. I also earn LP rewards.
Anyway, this table shows the structure of my steem income.
Token Coins Weekly Income HIVE value USD Value :--- ---: ---: ---: ---: STEEM 6,605 10 8.940 $0.54 HIVE 7,668 10 10.000 $0.60 BLURT 21,538 15 0.232 $0.01 HIVE-Engine 4 4.000 $0.24 Liquidity 1,158,752 ??? Total 23.172 $1.39
It looks like my STEEM empire is producing $1.39 a week of income.
My current plan is to accumulate my earnings in the liquidity pools.
Another Set Back
Apparently, someone hacked the bridge used by HE swap programs and made off with the funds used for swapping. HE swaps are now working sporadically.
Last week I tried moving 10 STEEM to Hive Engine. This transaction failed.
A few days later I tried moving 15 BLURT to Hive-Engine. This transaction failed
I issued support tickets for the failed transactions. I wrote this post to record links to the swaps. I've lost about $100 in swaps. @blurt-swap and @graphene-swap never respond.
I wrote this post because I wanted to record the failed transactions.
Conclusion
I decided to start sluffing off my curation rewards as income. It looks like I am making $1.39 a week. Unfortunately, the money disappears when I try moving the funds between sites with the official swap programs.
It is a demoralizing platform.
The Night cafe image shows a person trying to use a compromised ATM in a sketchy part of town. I hope the swaps start working again.
Komentarze