SteemEconomics Voting Service Return On Investment 2018-06-03
Break-even point today is $1.89 vote value for 1 SBD and $1.98 vote value for 1 Steem.
Why this information
I am providing this information for those who would like to use bid-bots or other voting services to upvote their posts with unique high-quality contents. They can use this information to determine at what point it is profitable or not in making a bot purchase.
One of the common mistakes people make in using bid-bots or other voting services is thinking that as long as they get $1 vote value for $1 SBD bid or $1 Steem bid, they are breaking even. However, in reality, it is not! (Up to 25% of vote value goes to curators and half of the remaining is divided by steem price.)
Author Reward = 37.5% of vote value in SBD + 37.5% of vote value in Steem (divided by steem price)
Please see table below for ROIs from 1.50x to 2.75x vote value.
Voting Service ROI Update | by @cheneats |
---|---|
Datetime (UTC) | 2018-06-03T01:00:02 |
SBD Price | 2.44105 |
Steem Price | 2.55036 |
SBD Break-Even Point | 1.89x |
Steem Break-Even Point | 1.98x |
Vote Value / Bid Ratio | 1.50x | 1.75x | 2.00x | 2.25x | 2.50x | 2.75x |
SBD ROI | -20.71% | -7.49% | 5.72% | 18.94% | 32.16% | 45.37% |
Steem ROI | -24.11% | -11.46% | 1.19% | 13.84% | 26.49% | 39.14% |
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