MAXUV Weekly Statement & News - New Program Details - 20 October 2019 [MAP Steem FinTech]

Welcome to our weekly MAXUV account statement.

The MAXUV program will see a few changes during this coming week.

I had promised to post about our new MAXUV program, and I did actually write a post, and was during the re-write that it dawned on me how best to promote MAXUV. Without having to go into the complicated mathematics that happens under the hood, I have re-positioned MAXUV so that it is an improved model on MAPX, rather than being up against MAPXV.

So, our new mission is to deliver upvotes that are proportional to the tokens held and proportional to a million SP.

So we are going back to the original model of just one upvote per day; very few current members post more than once per day anyway. Those who do wish to have two upvotes should consider @MAPXV.

One example should suffice. If you had 1 million SP, today you'd be able to deliver a vote of $12.80. So if we scaled that down to an SP of just 1,000 STEEM, that upvote should be about $0.0128. However, the new curve delivers an upvote of just $0.0070 for 1,000 SP. What MAXUV does is bring your vote back up to being proportional and will deliver closer to $0.0128 than $0.0070.

Our new MAXUV-meter will gauge how close we are to delivering our proportional votes. At 100%, we shall be at our target level. Given the new reward curve, anything above 70% will still be higher than what one can achieve with one's SP alone. Our target is to remain within the bounds of 90% to 100%.

Current MAXUV-meter = 99%

Note that we are able to adjust outgoing votes to almost any level we please, so we can quickly react to any changing market conditions in the Steem economy.

A reminder from last week, that MAXUV is now sponsoring @ecoinstant's Buildbetter Contest.

I hope to see sales improving soon.

Any questions, please ask.

Enjoy your week!

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As I haven't been posting very much, here are a few prizes.

Winner of double upvotes and TRENDO tokens is... @ronaldoavelino !

Winner of TRENDO tokens is... @simplymike !

Prizes last for 10 days.

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The MAXUV headline figures are:

MAXUV tokens active = 8,732
SP in MAXUV = 7,837
Voting SP = 22,688
Other STEEM = 929
Total STEEM = 8,766

MAXUV ABV = 1.00 STEEM
MAXUV-meter = 99.0% (of 1 million SP)

Note that "Other STEEM" is the sum of all holdings not powered up as SP: liquid STEEM and SBD plus holdings within Steem Engine. Also note that such values are volatile, especially any holdings priced in US$, so the above numbers are a snapshot and may have changed when you look at the @MAXUV account.

The Asset Backed Value (ABV) is our total holdings calculated in STEEM divided by the number of active MAXUV tokens.

Target value for MAXUV-meter is 100% in 1 upvote per day, proportional to your token holdings as if delivered by 1 million SP.

Full details of how the MAXUV token operates can be found at our launch document.

Any questions, please ask in the comments below or in our public chatroom.

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Building Steem's Fintech

[BUY MAXUV] - [READ MAXUV]

[BUY MAPR] - [READ MAP REWARDER]

[BUY MAPXV] - [READ MAPXV]

[BUY MAPX] - [READ MAPX]

Plus Some Serious Funtech

ONECENT: The First Strategic Token Investment Game (STIG)

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