Voting Service Return On Investment 2018-06-07

in minnowsupport •  4 months ago

Break-even point today is $1.70 vote value for 1 SBD and $2.33 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 Updateby @cheneats
Datetime (UTC)2018-06-07T01:00:02
SBD Price1.76636
Steem Price2.4203
SBD Break-Even Point1.70x
Steem Break-Even Point2.33x
Vote Value / Bid Ratio1.50x1.75x2.00x2.25x2.50x2.75x
SBD ROI-11.90%2.78%17.46%32.14%46.83%61.51%
Steem ROI-35.71%-24.99%-14.28%-3.56%7.15%17.87%

steemeconomics.png

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so if i get it right, it should give you at least x1.7 of your bid, so, if I bid 2sbd it should give me 3.4 to break even and if the return is 4 sbd is profitable? pls reply

·

Yes, you got it :)

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