<center>https://steemitimages.com/0x0/https://cdn.steemitimages.com/DQmXbfVeiZGF6qErKjXHoCYRC2T6oBFHcui7XnZyrhwFosg/Upvotesharesprogressk.jpg</center>

<center><b>Upvote Shares is a project from @costanza that aims to provide Daily Upvotes based on a fair model that should be sustainable and scalable over time. These posts will track the progression towards reaching the next level and give an update on how the project is currently doing</b></center>

It has been 24 days since level 3 was <a href="https://steemit.com/steemit/@upvoteshares/upvote-shares-level-3-sold-out">Sold Out</a> and the upvotes have been spread out to all shareholders based on the amount of shares they have.  Everything seems to be working properly and nearly all unused votes (1.1% Account Self Voting) are being used to give bigger upvotes to Shareholders that did make a post that day!

The upvotes started out at 13% for each share which pushed things a bit too far. I lowered it to 12% and the voting power of the account has been steady between 80% and 93% ever since. Percentages are still way above the minimum promised 5%. 

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<center><a href="http://steemreports.com/outgoing-votes-info/?account=upvoteshares&days=25"><img src="https://cdn.steemitimages.com/DQmQCawyBcGEPB1DyRPAtzqLTpqxDGd7V8xgpys1fkkNnf3/image.png"/></a></center>


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<center><a href="http://www.steemreports.com/votes-graph-enhanced/?accounts=upvoteshares"><img src="https://cdn.steemitimages.com/DQmZ75HxZH5VfNgtnwDEhUsrZHx2MZywvsnv3kALGQLYr4w/image.png"/></a></center>

The voting web, it can be seen that there is a lot of mutual support between shareholders and also a great way to find likeminded people on Steemit who also air to grow.
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https://cdn.steemitimages.com/DQmSE92o1HgorLM1J29uPU8qTac941QfpUZCXdXjr1gu2qG/progression.jpg

-|-|	Day 24|	Goal
-|-|-|-
Account SP|	929.900 SP|	943.003 SP|	946 SP
Saved STEEM	|1.375 STEEM	|7.492 STEEM	|-
Minnowshares STEEM|	5.177 STEEM|	10.336 STEEM|	-
Followers|	231	|264|	-
Followers_mvest|	149 Million|	206 Million	|1 Billion
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The progression is moving along nicely right now and the target of reaching the next level within a month each time will easily be achieved. The account right now also has 17.828 STEEM savings for future levels that will become increasingly difficult to reach. Part of it is thanks to the @stimp-bank Project (7.492 STEEM) and 10.336 STEEM are curation rewards from the @minnowshares account that one day can be used to increase value for upvoteshareholders.

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<p>https://cdn.steemitimages.com/DQmV9SkSLjzxiugFyFmd4597EDjMUEEExEHfQS3fThYk5mT/next.jpg</p>

<p>The plan was to open Level 4 after HF20 (September 25th), since most level 4 shares have been reserved it should be possible to move it forward before HF20. The account just needs 3 SP to grow to the point where it reaches the needed 946 SP to open up Level 4. I will make a post in case I find some time to open it up and close it down before September 25th.</p>

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<center><b>As always, feel free to post remarks, suggestion, questions in the comments below. Thanks!</b></center>