Default (50% SBD / 50% SP) vs. Power Up 100% 2018-06-07

in #minnowsupport3 years ago
Right now, Default (50% SBD / 50% SP) post reward has 33.57% 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)2018-06-07T02:00:04
SBD Price1.73164
Steem Price2.43051
steem_to_sbd2.346

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): $1.38 USD
  • Power Up 100%: $1.04 USD

steemeconomics.png

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Excellent post, quality content. Following you and resteemed this post. I will be sticking with my 50%/50%.

Can you please take your vote off my account?

great info.

sorry that I cannot vote even though trivial, since it was over 7 days old.

really thank you for the info, I didn't know you're on a blacklist ;-)

You are very welcome. A few people do not like me to post this information.

Hi @cheneats, why do they flag you bro? This post is nice. And have you tried to get whitelisted (if you can say that, not sure, I aint a tech guy lol)?
cheers!

Thanks for posting this. Ignore the haters!

thanks

@cheneats remove your votes off my comments and STOP upvoting my comments with low percentages just to steal curation rewards.

I let it go the first time round; now you are back with your friend @penghuren. So both of you, remove your votes and stop your spamming.

Great bot you have there

You and sergino

!flag

Here! Have a Flag!


im a very useful value add to this network. please vote for my comments

!flag

Here! Have a Flag!


im a very useful value add to this network. please vote for my comments

My best

!flag

Here! Have a Flag!


im a very useful value add to this network. please vote for my comments

Voters

i actually just took advantage of this, I sold 3.91 SBD for 4.65 STEEM

Very informative blog
Bro your voting power going very down .so firstly you recover your voting power
I suggested you please don't upvote any post 2-3 days

And thanks you for coming my post and upvote me..

Friends please resteem my post because I need little support because I make a YouTube channel
I hope you understand

That was a long time ago...XD

I have noticed that you put your 2% vote on my comments. With you SP value this is pure spamming and curation rewards hunting. Kindly remove it asap as otherwise I will report you for spamming!

Yeah same for me. I've sent him a message on discord :)

And @penghuren, you too. Notice that you will not earn curation from doing this?

I like this movement :)

I hope that you find a lot of supporters on Steemit. You deserve it for your hard work.

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What happened with you? You vote my comments to $0.00 SBD. Jodete.

You are interested men thanks for visiting my all comments.

  • 过度关注每一个点评发言的“价格”,你可能就损失了阅读的“价值”。这或许不是 Steem 创新的本意。
  • Excessive attention to the "price" of each comment statement, you may lose the "value" of reading.

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You upvoted a bunch of my stuff at 1%... you do know that when you vote below 2% that it uses 2% vw right?

Thanks for all the upvotes man!

Informative post! Good read for me.

Hello, this is a very helpful article, please is this still relevant with the current happenings with the reward system?

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Good content, thank you!

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Thank you for sharing! I am new here, and I need as much info I need.

xx @ericago

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Hey what do you use to upvote all this stuff?

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Thanks Ur boating ~~~ I will Follow U~~
Have nice day~!!!

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ok gracias, uno tiene que saber esas cosas también

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Thank you for sharing! Every-One new cummer like me need this infomation.thank u.jpg

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Hello friend, how are you?

Very informative its publication. Very useful for me that I am new. Thanks for sharing!

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Good post! Thanks for the support!

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Did you get Byteball Airdrop?

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Hello, this is a very helpful article, please is this still relevant with the current happenings with the reward system?

This can be so difficult to figure out i think your philosophy is so on target

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so humour me. today is my birthday and I am far away from home. Send me a picture of your beautiful land with the lake and the flowers and the mangoes. Please xx

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@cheneats I am currently looking for SP delegations, I was hoping to ask you if you are willing to lease your Steempower to me for weekly payments in SBD's.

Please do reply.

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nice, thanks

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Thank You for the knowledge you share.

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Nice Post dear

HI, I need updated version of this post

thank you friend for your valuable information, greeting

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very very informative article, its really a good post

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This is called a mature n real motivating n useful contentment. Which make everyone useful , I also seeing from some days that steemit found not provide steem dollars only it's can seems that steem power n author ncuration rewards. I just can't clarify my confusion about with anyone, today u made it clear . Thank for the post.. it's too useful..

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Excelente post. Saludos lo invitó vista rmi blog

I think, you should go for 100% since it gives you more control over posts and comments

Posted using Partiko Android

Hey can you teach how to upvote tons of posts and get rewards from each one? Thank you.

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이벤트 참여 감사합니다ㅎㅎ
보팅 꾹 누르구 가용~^^

Thank you for participating in the event.
Boating

Im at 100% power up 🤪

Thank you @cheneats for you informative post. Helps us beginners to know more about #steeming. Im following you,
Photo_1527672762120.png

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SteemitBoard Ranking update - Steem Power, Followers and Following added

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1 Year on Steemit
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Congratulations @cheneats! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

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SteemitBoard Ranking update - Resteem and Resteemed added

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Congratulations @cheneats! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

Award for the number of upvotes

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Do not miss the last post from @steemitboard:

SteemitBoard Ranking update - Resteem and Resteemed added

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