Let's continue the effort

▶️ Watch on 3Speak

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It's time for a new update of the CTP Swarm Booster. We have made a great progress in the last days. The account has grown from 1601 HP to 1878 HP in just 2 days. That's amazing. Let's continue like this!

More and more beneficiary rewards coming in

I've very pleased to see that more and more people are setting the @ctpsb account as beneficiary of their posts. This is great because it fills your tabs and the account continuously. Some people are doing systematically with 3, 5 or 10%.

The success of this project is linked to how much we contribute now

The more own Hive Power that we can collect now, the faster the account will grow in the future. Let's not forget that our aim is to have a huge account that will give powerful upvotes to the community. It's simple maths. If we collect 2000 HP and we manage to generate 10% curation rewards, the account will grow by 200 HP in 1 year. If we collect 5000 HP, it will grow by 500 Hive Power in the same time frame!

Delegations are leveraging the development of the value of the token

At the end of september the curation rewards generated by the owned hive and the delegations will stop going into the creation of new tokens. Once the tokens are emitted, all the curation rewards will flow into the account and actually increase the value of the token.

At the moment, we have around 2000 owned HP and about 12000 delegations. In total this is 14000 Hive Power. If we manage to keep so much Hive Power, this will generate about 1400 Hive over a year (with 10% curation rewards return). However, at the end of the year, there will still be only 2000 tokens. This means that there will be 3400 HP on the account for 2000 tokens. This would mean that each token would now be worth 1.7 Hive. Which is an increase of 70%.

This is all theoretical and I can give no guarantee for that. Just remember that every delegation is leveraging the growth of the account and the value of the token. To profit from that, you need to make sure that you have enough tokens on your tab!

Speaking of tabs, let's look at the situation:

The Tabs (15.09.2020 9h20 CET)

User	Total
@russellstockley	100
@elianaicgomes	104.94
@iamraincrystal	50.496
@achim03	466.01
@jacoalberts	2
@hirohurl	30
@ph1102	222
@theroad2freedom	136.514
@jongolson	176.65
@imfarhad	3.032
@flaxz	9.965
@clicktrackprofit	4.342
@djsl82	4.196
@blainjones	5.754
@alokkumar121	0.715
@tribesteemup	17.81
@pixiepost	55.351
@rezoanulvibes	0.66
@elbrava	0.033
@ilazramusic	0.27
@rcaine	0.14
@elizabetamt	0.126
@jangle	0.268
@maddogmike	0.216
@hivetrending	0.567
@lacrucita	27.835
@captainbob	1.096
@andrewn	0.165
@lisamgentile1961	0.028
@globetrottergcc	0
@gadrian-sp	0
@cruisin	400
@aslehansen	9
@ayhamyou	2.284

If you have delegated to the project and there is a 0 next to your name, it is because your delegation was made less than 8 days ago and therefore it couldn't generate any curation rewards that would be added to your tab. You will probably see the numbers increase in the next updates.

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Learn more about the CTP Swarm Booster:

• The CTPSB Website
• The concept of the project
• How to support the project with delegations
• How to set a beneficiary to your posts

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▶️ 3Speak