@tipU Investors Update: Pick How Often You Want To Receive Payouts :)

Hi guys, today I wanted to introduce a new feature that let's you choose how often you want to receive payouts coming from your @tipU investment / SP delegation.


mandatory blockchain image ;)


Currently by default @tipU sends the payout, coming from profit sharing, to every investor every 24 hours. This is fine for some investors but I, probably as many other users, log in into steem several times a day and I though that I would be nice to see the payout transfer coming more often :)

So I've added and option to change how often the payouts are send to each investor and of course let the investor decide about the payouts frequency.

This frequency is expressed in hours - for example the payouts can be send every 24 hours, every 4 hours or any other value between 1 and 240 (10 days).

If you are a @tipU investor and want to change how often you want to receive payouts, simply send 0.001 SBD to @tipU with memo: pay every X hours - where X is the amount of hours between each payment.

The idea is quite simple - for example, if you set your payouts to be send every 8 hours, @tipU will check your profit balance every 8 hours. If it's at least 0.001 SBD or 0.001 STEEM - the payout will be send :) If not, @tipU will check the profit again after 8 hours.

There is one exception though - if your reinvest is set to 100%, the payout, or rather information how much SBD and STEEM has been auto reinvested, will be send every 24 hours. This is done because @tipU sends the information with 0.001 SBD paid from @tipU balance and if those transfers would be made 24 times a day multiplied by number of investors - that's quite a lot of money to spend each day ;)


List of current commands for @tipU investors. To use them, send 0.001 SBD to @tipU with one of the following memos:

  • status - sends back information with investor's stats (amount of delegation, pending payout etc.)
  • reinvest X - where X is any number between 0 and 100. Sets the percentage of income that will be auto-reinvested
  • pay in SBD or pay in STEEM - choose in which currency you want to receive the payouts (more info)
  • pay every X hours - where X is the amount of hours between each payout
  • refund - sends back any SBD and STEEM that were invested or re-invested by the investor
    • refund steem - refunds only the STEEM part
    • refund sbd - refunds only the SBD part
  • payout - instantly sends to investor any pending payout

If you guys have any questions, please let me know in the comments. Cheers!
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