Byteball Steem Airdrop smart contract matures for most Steem users

in byteball •  5 months ago

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Any account attested using the Byteball (now Obyte) referral program locks 75% of the rewards in a 1-year smart contract.

Most people who took advantage of the Byteball Steem airdrop would have done so about this time last year.

The smart contract for most should be expired or expiring in the next few days. Any alt accounts and referrals are likely staggered and will take a few more days to mature. You can check the exact date in your smart contract wallet.

The smart contract acts as another wallet so you will need to transfer the funds from your smart contract address to your main address or an exchange if you want to sell them. As usual, it takes about 1-5 minutes for transactions to confirm.

You can tell if you have any available by looking at your main wallet and seeing if it mentions this:

To send, just go to the smart contract and click send.

Select All minus Fees and use the address of your main wallet or the address you get from your Exchange (i.e. Bittrex).

There is no need to move the funds if you plan to HODL, it is perfectly fine to have multiple addresses.

If you try to send too early and the contract has not expired, you will see the following error.

Just click your wallet name at the top of the screen and it will drop down all your sub wallets and look at the smart contract date. It will tell you the date the contract was created and just add one year to it.

If you have a Steem account with more than 30 rep, you can sign up for an Obyte account and get up to $160 worth (if you have higher than 70 rep) of Bytes in the Steem air drop.

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I will be turning all my Obyte into @spinvest tokens on Steem-Engine. The founder @silverstackeruk is trying to set it up where you will be able to send him your Bytes and he will credit your Steem Engine account with a fair rate of SPI tokens. What a great service, out with the old and in with the new!

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Are you sure it works. Let me know if it does.

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Will talk to him again about it tonight, might be a slow process at first.

tried to do this. couldnt see how to sign up for an acct

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You have to download the wallet, then create a new one. Then you go through the attestation (use the chat bot store to find the Steem Attestation bot)

I wrote a post a while ago on how to do it, it should still help figure it out.

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ok ty i try...

Cool i will claim them and remove the wallet after, great post. ;)

Yes, I took advantage of the Byteball Steem airdrop. 👍

No, I don’t remember where my credentials/passwords are. 👎

At least I printed out my Steem keys and put them in a fireproof lockbox.

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You would need to make a full file-level backup to recover the wallet, seed words and passwords are not good enough to recover the smart contracts.

I removed the byteball app on my main account (doh!), so lost the 1 year stake but still have a little on 2 alt accounts, which have not quite yet reached that 1 year marker. Its something at least... thanks for the reminder :)

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I think a lot of people lost out because if you back up your wallet by saving the seed words it will not recover your smart contracts. This wasn't clear and I think a lot of people fell victim to it.

In fact, you need to back up your entire wallet after every transaction that isn't a pure GBytes only transaction. A truly decentralized system but not without it's faults.

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I still think that oByte wallet is horrible too, give me a CT Core Wallet any day.. I know where I am with those.

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100% agreed, I can't stand it. I suspect a of people lost money using it as well.

Do you know any crypto exchange that where I can trade Obyte/Byteball tokens that doesn't require KYC (I live in Libya and most KYC services especially the US based ones don't support our country.)

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At this point, I think most everything is KYC. There are not a lot of exchanges that have GBytes so the options are limited.

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Thought so. Thanks for the reply.

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You can use the trading bot on Obyte to exchange it to BTC/alts

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Thanks, didn't know that!

Now, that's useful information. Thank you!

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Marky "somehow" forgot about the part that if you join via his Obyte account he will make like 80$ of Bytes if you are higher than 70 rep.

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Yes, it is a referral link.

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One question, @themarkymark, is the referral program still on? I don't mind writing about it to my followers. After all, we got our airdrops, so it works. And why not some cool dollars.. ;)

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I believe so.

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Great. Thanks!

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Thank you @eirik for pointing that out. I already know that. I have an account. The reason I thanked @themarkymark was for reminding the Steem community of withdrawing our bytes locked in the smart contract. And most of us would have signed around this time last year.

Besides, even if he makes money while we do, what's the harm? Most programs run that way, right? 😊

Thanks nonetheless. Good to know you. 😊

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