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RE: Sampling SBD Conversion Returns

in #sbd8 years ago

Great write up, @bacchist. Here's something else I'd love to see: If, instead of using the 7-day conversion, you buy on the market (possibly for a loss compared to the conversion), what impact will your increase in VESTS have over that 7-day period? At the current VEST to Steem Power rate, it seems to me we want to maximize our VEST amount as much as possible as soon as possible before the conversion rate settles down in about 8 or 9 months. If the end balance of Steem Power would be higher due to more VESTS producing more Steem Power, it might make sense to take the up-front loss on the market, even if the 7-day conversion might initially seem like a better option.

I guess I'd like to see an analysis which also takes into account the change in VEST to Steem Power conversion over time and how that would impact accounts of various VEST sizes.

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