Smartcash Smart Rewards Pool Update 22 June

in #smartcash6 years ago (edited)

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Well, it's small beginnings, but we have a committed core of 2 Smart Rewards Pool Full Members and 5 Free Members as of today.

The first SBD earned from Posts published after the Free Memberships were launched has now been added to the Pool, so each Free Member now has 0.016 SBD in the Pool after rounding.

Below is a list of all Members and their current stakes:

Full Members:


@sinlg 730 SMART (pledged) @auskiwi 270+ SMART (pledged)

Edit: there are others who pledged Full Membership when I first launched the Smart Rewards Pool, but they have not Posted recently, so if you are one of those, my apologies for not including you in the list.

If you read this Post and still intend to participate in the Smart Rewards Pool as Full Members, please renew your pledge below and don't forget to send your Smarts to SgVbxFqK1tFVfcS1LXLg35LQhbaZXwg8E6 by June 24 at the latest to be sure that your Smarts are in the Pool for the June 25 snapshot :)

Edit 24 June: I have listed some earlier Full Membership pledges below in case any of you want in for June 25:


@abasinkanga 100 SMART @sharil 100 SMART

Update: as of today, the payout for the May 25 snapshot is estimated at 2.16% - hopefully June will be similar.

Free Members: (each has a stake of 0.016 SBD)





@photoquote @sinlg @leetahsar @eggstraordinair @nexusvortex777

For more information about how this all works, please read my previous Post on this subject:

https://steemit.com/smartcash/@auskiwi/smartcash-smart-rewards-pool-sbd-challenge

Anyone who wants to join the Smart Rewards Pool as either a Full or Free Member can leave a Comment below:

If wishing to be a Free Member please state "Yes, count me in as a Smart Rewards Pool Free Member"

If wishing to be a Full Member please state "Yes, count me in as a Smart Rewards Pool Full Member" and state the amount of Smartcash that you will be investing in the Pool.

PS if you are joining as a Free Member, please don't forget to Upvote and Resteem this Post to maximise the success of this Post and thus increase your stake in the Smart Rewards Pool :)


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https://steemit.com/@smartcash

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Must be the late hours for me but still trying to figure out what this pool will do for us? It sounds interesting but not sure how I can benefit. Thanks.

It's not for everyone, more for the minnows than for the bigger fish who already qualify for Smart Rewards as they already hold 1000 SMART in their Smartcash account. As alluded to above, those Full Members who invest smaller amounts such as 10 SMARTS for example, will get interest of say 2% after a month. Free Members, on the other hand, just earn a share of the SBD earned by Posts like this during the month. It's kind of like the giveaways I've done in the past, but invested with Smart Rewards over the period of a month, after which we have one big payout. If I get enough participation, I will set up a second account that stays active continuously so the interest can be compounded from month to month. The initial plan, however, is just to pay out the principal with interest after 1 month.

You given me an idea. I wish to start a smart node but never accumulated the 10k. Maybe I can do something similar to what you have and share the interest to all stakeholders. I believe smart nodes earns a lot more than smart rewards. Any interest?

Sounds intriguing. Not sure how long it would take to get to 10k when you're mainly dealing with minnows on Steemit. If you can get say 10 people to put in 1000 SMART each you might have a chance. My Smarts are committed to my project at the moment, but that could change in a month or so... if you can offer a higher percentage I am sure my members would be happy to get on board.

how to i send the smarts? i am more or less stagnant at 730 smarts.. cant seem to get more

Send from your wallet to this address: SgVbxFqK1tFVfcS1LXLg35LQhbaZXwg8E6

ok all my smarts are sent


Will do that later today.Thanks, @sinlg I just need to collect all my smarts and transfer them across.

great .. this month we can finally get some Smart rewards

Hi im @sharil .... how to collect and transfer the smartcash? I still dont know

Hi @sharil. If you have 100 SMART, you must have a Smart wallet. All you need to do is transfer the 100 SMART from your wallet to this address: SgVbxFqK1tFVfcS1LXLg35LQhbaZXwg8E6 Please check this page to see how long you have before it is too late for this month (less than a day now): https://smartcash.cc/what-are-smartrewards/

How to buy smartcash?

@smartbot tip 30

Σ$$$ Tipped @auskiwi Σ30 SMART! Comment @smartbot help to claim. Currently the price of SmartCash in the market is $0.070 USD per SMART. Current value of the tip is $2.10 USD. To find out more about SmartCash, please visit https://smartcash.cc.