Default (50% SBD / 50% SP) vs. Power Up 100% 2018-06-06

in minnowsupport •  5 months ago
Right now, Default (50% SBD / 50% SP) post reward has 39.60% more payout than Power Up 100%.

Why this information

I am providing this information for those who would like to compare different post reward payouts and pick up the best one when they create blogs and comments.

Three Options

There are three available options for blog post rewards and comment post rewards:

  • Decline Payout
  • Default (50% SBD / 50% SP)
  • Power Up 100%

Which option would give you the best overall payout? Well, we know it is not Decline Payout for sure. How about between Default (50% SBD / 50% SP) and Power Up 100%? The answer is it depends.

It depends on the SBD and Steem prices as well as steem_to_sbd ratio at the payout time. Let us take a look at the equations of how payout is calculated first.

Equations

For Default (50% SBD / 50% SP):

  • Author Rewards SBD = author_payout * 50%
  • Author Rewards SP = author_payout * 50% / steem_to_sbd

For Power Up 100%:

  • Author Rewards SP = author_payout * 100% / steem_to_sbd

Please note that the payout is calculated at the payout time using the Blockchain variable steem_to_sbd exactly 7 days after you create a post, not when you create a post.

Below are current market prices of SBD and Steem in USD, as well as sbd_to_steem ratio from the Blockchain.

Time (UTC)2018-06-06T02:00:04
SBD Price1.73676
Steem Price2.35017
steem_to_sbd2.425

Let us assume the author reward portion of the post payout is $1. I then use the equations above to calculate the payouts and convert them to a common currency USD for comparison. You can use any other currencies for comparision.

  • Default (50% SBD / 50% SP): $1.35 USD
  • Power Up 100%: $0.97 USD

steemeconomics.png

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