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RE: Steem Total Value Powered Up - $48 million - July 23, 2021

in #steem3 years ago

It's constantly changing. In short, you multiply your number of MVESTS by the current value of "STEEM PER MVEST" (which you can get from steemdb.io).

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To get from VESTS to MVESTS in your wallet, you divide by a million.

The number of SP that you see in your screen cap from steemblockexplorer also includes delegations, but you can get the numbers without delegations from steemdb.io/@ruzmaira.

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It's not exactly right, but for a quick approximation in your head you can divide VESTS by 2, then shift the decimal point 3 places to the left or divide MVESTS by 2 and shift the decimal three places to the right. As time goes on, that estimate will get less and less accurate, though.

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Thank you very much for the explanation, I already understood more or less.

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