What is @ptbot

@ptbot was founded to offer promotion services to Steem users to promote quality content produced by Steem users.

Bidding

Bid-based voting bots work on a bidding system. You can send any amount of Steem or SBD, within our limits, and once @ptbot reaches 100% of its voting power it will give an upvote with up to 100% vote weight.

The distribution of the voting weight will be determined based on each bid’s percentage of the total amount of bids in that voting round.

How We Process Votes

As mentioned above our bot will begin voting once it reaches 100% voting power. At that point it will then begin to calculate the percentage awarded to each author based on their bids that were in that round.

The bot will vote up to 100% as long as there’s enough bids to ensure no payouts that are 100% more than the bid. If that occurs then the bot with a lower percentage. The bot also checks to ensure there are no more bids than what would allow everyone to maintain an equal payout to their input.

Our Bidding Configuration

  • Minimum Bids: 0.020 Steem or SBD

  • Minimum Post Age: 20 minutes old

  • Maximum Bid: 0.080 Steem or SBD
  • Maximum Post Age: 3.5 days

  • Maximum ROI: 20%
  • Minimum ROI: 5%
  • Comments: Not Allowed

Spam Prevention

When I first started @ptbot, I wanted to offer the ability to promote quality content and not reward low effort and stolen content.

In the past, I frequently submitted authors who plagiarized to https://steemcleaners.org/abuse-report/ anonymously and in private to @patrice.

Blacklist

We operate with a blacklist of accounts that are unable to use our service. We will also blacklist any articles that are flagged by spaminator, cheetah, steemcleaners, mack-bot or blacklist-a. Any bids that are submitted from one of these accounts will be sent to @steemcleaners as a donation towards their efforts ending spam on the blockchain.

If you were found to be on our black list and feel that you were incorrectly placed there then please reach out in our discord channel.

Plagiarism

Any content that is submitted for a bid should not be plagiarized.

If we find any material that is plagiarized we reserve the right to move both the content author and the bid submitter to our black list.

Refunds

We refund all bids that are not between our minimum and maximum bids. We also refund bids that had more than 3.5 days posts.

Bids from post within less from 30 minutes will be added to next round.

Responsability

We are not responsable for any problems with blockchain nodes, that affect our service.