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HighrollersPool #66 - maximizing payout

Posted: Wed Dec 28, 2016 12:08 am
by highrollers
Highrollers Pool

This pool has some unique qualities please read carefully.

TL;DR
- vote for delegate HIGHROLLERSPOOL
- Highrollers Pool pays out 80% of the block rewards forged.
(From jun 7th it's 70% to voters, 10% to a special backer, for details please see this post:
- minimum 1000 Lisk voters only
- payout every few days - 10 Lisk minimum

For more details please read this post and the second post in the thread.


Description
Highrollers Pool will only accept votes from accounts holding at least 1000 Lisk.
Most active voters who receive meaningful returns use at least this much weight most of the times, so it makes little difference in weight but cuts down on administration and Lisk transaction costs
Any vote from lower amount accounts will be appreciate, but they won't receive any payout

Highrollers Pool will only accept votes until it gains enough weight to secure an active delegate position.
This is something that I believe most pools will implement in time. Simple put this is in the voters best interest.
An active delegate forges the same amount of Lisk no matter how much weight they have and in what position they are. The more weight a pool have however the less dividend they are being able to pay out to their voters.

An example. As I'm writing this, the highest ranking pool has close to 16.5m voting weight, while the minimum weight needed to get into active position is less than 6 million.

Both delegates will forges around 12 500 Lisk per month on average, for simplicity's sake assume that they both pay out 80% of the forged amount.
Let's say that someone uses 100 000 Lisk to vote for both pools.

The first pool will be able to pay this voter around 60.5 Lisk for the month
For the same timeframe the second pool will pay out 166 Lisk.

So it's simple really. The less weight a pool has as long as it's forging, the better it is for voters. Pools without weight cap will soon became unpopular.

For this reason the Highrollers Pool will be closed for further voting weights soon after it reaches active delegate spot. It may reopen later if the weight becomes less then ideal. I'll always display the open/close status of the pool here.

After every forged block the voters list including their balance will be queried and the block reward distributed according to weight. Any extra weight received by a vote after the closing of the pool will be appreciated but won't result in any payout for those voters. The same may be true if an already present account suddenly increasing their weight an order of magnitude. If this happen it will dealt with on a case-by-case bases.

Payouts scheduled to be occur every two days, the minimum amount being payed out for an account is 10 lisk. Partial amounts will be carried over for the next payout.

More about the Highrollers Pool

While it seems customary to tell all about server specs and what are the pool owners plan for the forged amount, it is my firm belief that most voters don't care at all. So I'm just going to say this. The pool is running on a mid tier VPS with several backup nodes and a custom failover solution. I'll let the productivity percentage speak for itself. The Highrollers Pool will pay out 80% of the forged block rewards. The rest will be used for server and maintenance costs, not to mention food and shelter for me.

The payout tracking and executing solution is also custom made. It will be accurate and dependable.

After some debate I decided to forgo making a website for the pool, it seems pointless. Most data I could display are easily available using any explorer or even Lisk client. Anyone really interested in this will have the skills to get and analyze the data anyways, but again I don't think most voters care at all.

If you have a question please contact me in PM, I'll try my best to answer legit questions, and fully ignore stupid ones.

Re: HighrollersPool #77 - maximizing payout (closed)

Posted: Mon Feb 13, 2017 2:20 pm
by highrollers
As highrollerspool has a (so far) unique structure in order to maximize voter payout, I'm going to give a fuller explanation here about the current and future state of the pool.

It's a bit complex and long, so here is a TL;DR version.
If you are not getting a payout it's because you voted after pool been closed or with less than 15k Lisk. If you want future payments you can wait for the pool to open again or vote now and get on a "standby list" so you automatically start to receive payouts when your weight is being "used" to keep the forging position.

On to the longer version:

As you may now, thanks to a single huge vote the pool is now (12th febr) in active forging position. As it was described in the OP at this time the pool became closed to all voters. This means that anyone voted after it became an active delegate won't be receiving payouts. Those who had less than 15 000 lisk in there account at the time of this happened will also not get payouts.
This leaves a relatively small number of voters that will get regular dividends from forging rewards.

I would also like to note that in case of one of the eligible accounts balance changes drastically enough that it's impacts the other voters shares, the additional weight will be disregarded and that portion of the balance won't receive a payout. Normal, over time balance increase won't be an issue, but I want to avoid situations where some voter tries to grab more than their far share.

About the future of the pool
As it was shown in the last few months the minimum approval needed to be in 101 is a moving target, and can and probably will increase in time. When and if the pools current approval rating is not enough to safely keep it in forging position it will became open again. The same will happen if the pools approval lowers because a previous voters balance drastically decreases.

For this reason I would encourage everyone to keep voting for the pool even if they are not receiving payouts for their votes. Because when additional weight needed for the pool to remain forging (I'll calculate this based on not real approval numbers but based on the account weights from when forging started, including natural increases in balance), I'll look at additional voters and include an appropriate amount of them in the order of votes cast and they will start receiving payout from that point forward.

A final note
Because of how the pool structured (and our one large voter) there is only a limited amount of voters and for this reason I'm willing to be flexible. For example if for some reason an active (meaning already receiving payout) voter needs to move or split their weight, contact me and I'll try to be accommodating.

Re: HighrollersPool #66 - maximizing payout (closed)

Posted: Wed Feb 22, 2017 9:15 am
by highrollers
Here are the numbers for the pool payouts so far.

To keep up with the rising 101 border from this point the following addresses will be included into the payouts.

17945338882842022335L
1128004867122839082L
10918823432792932368L
13890482844377468472L
7714486406258766518L
15234803553064000463L
4566425409445727276L
8325313365683223493L
7288548278191946381L
10175658913327457514L

Re: HighrollersPool #66 - maximizing payout (closed)

Posted: Thu Mar 16, 2017 5:03 pm
by highrollers
To keep up with the rising 101 border the following addresses will be included from now on (from block 2338391):
16296828351393324467L
3508551838769730404L
10208542852454648315L
16216625496222842629L
12958346101018936378L
5688056231040471346L
8088607490969282484L
7824753589982723919L
11324865266990093379L
2755000982412637735L
11283890262351164583L
13985119306632826719L
3930562426385813796L
12961973196981972769L
12956559171839587501L

Re: HighrollersPool #66 - maximizing payout (closed)

Posted: Mon Mar 27, 2017 8:49 pm
by highrollers
After the recent voting and unvoting action for the pool I included more addresses into the payout structure to keep up with rising 101 border.
I also lowered the minimum required balance to be included to 10 000 from 15 000 Lisk.
Every current voter (at block 2434049) with at least 10 000 lisk in their account will be included into the payout structure from the same block.

Re: HighrollersPool #66 - maximizing payout

Posted: Thu Apr 06, 2017 6:54 pm
by highrollers
To keep up with the rising 101 border the following addresses will be included from now on (from block 2519330):

208494062108423259L
16527048744878674761L
17311334829905882013L
1430815113326068568L
614737140296696928L
16545900354250598007L
5110663030318029130L
15009685889676879216L
13547577684008740559L
11324865266990093379L
10497211173987366391L
4694813158025527331L
12457631620663816675L
11184469317103771046L
1199280944654963870L
6251001604903637008L
6856737858844081934L
17003798042552484542L
9408825830896937683L
5454372801123694907L

Re: HighrollersPool #66 - maximizing payout

Posted: Mon May 01, 2017 7:57 pm
by highrollers
To keep up with the rising 101 border (and the accounts balance changes) the following addresses will be included from now on (from block 2734253):

9548988731780551700L
136400687597025234L
1586012760919629806L
14018575245352109002L
8189648299215906094L
1525380494830422430L
4241440133782267940L
13004444222136839663L
12410979763755082738L
18186711946695187753L
9271308329359316527L
1981928742138297792L
17944961271973053062L
16564709774155482395L
17099313962834470781L
7521409979241557720L
15360265865206254368L
4318457725971796647L
12401309028077762187L
3237673512436243226L
13898255235792999904L
4075175103385235405L
12847638028681508916L
13267366765493090855L
15200794431322588003L
14969423155176097664L
12994531625717590142L
10920139043416699893L
2540101717466454387L
12423663011698201795L
6637907195715116661L
11717352499562865960L
9287347495441394187L
8936664079461554465L
7656707967655667775L
16979707772780220012L
9932994375284670505L
14368458114137314428L
11531556153048102711L
17403544376907595546L
9180527038788845299L
3528809923689633263L
7002429336975541128L
6452926849492147101L
1174473204347956095L

Re: HighrollersPool #66 - maximizing payout

Posted: Thu May 11, 2017 4:46 pm
by highrollers
To keep up with the rising 101 border (and the accounts balance changes) the following addresses will be included from now on (from block 2819299):

15706380171901990144L
15195511456550900810L
293347761883204765L
7433697518279302761L
12182743844592364123L
2208418821691117556L
1826793633764327191L
13782443782705044482L
3382779739603666212L
6907531526315960203L
11279288940993096793L
7857806574615841496L
1151128253060458411L
8814467786382299323L
16465661812789204032L
4452802426638127095L
5251129715801604317L
5956008546195861531L

Re: HighrollersPool #66 - maximizing payout

Posted: Fri May 19, 2017 9:42 pm
by aethlios
Hello, I have 208,000 lisk and interested in voting you. Do you accept new voters? I am aethlios in the lisk chat.

Re: HighrollersPool #66 - maximizing payout

Posted: Fri May 26, 2017 9:02 am
by highrollers
All current voters with at least 1000 lisk are now included into the payout structure. (from block 2945539).

I'm also thinking of leaving the pool "open" for a while, until we are higher in rank, meaning every new voter would be included into the payout structure without having to wait to be added, but this is not possible with my current pool script, so I have to think it over, find a technical solution, rewrite the script.