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

in #minnowsupport6 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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@cheneats
You are next on my HIT list.

This post has received a 49.8 % upvote from @boomerang.

Tnx for upvote

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

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