How much is your Steem power worth? This tool will help you to calculate it

in steemnow •  2 months ago  (edited)

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We want to bring the world to Steemit and teach them about this amazing platform. We recruit, onboard and train new users, giving them the launchpad to take off. Our graphic How-to Guides, creative contests and Newbie support ideas constitute useful help for anyone new here! Follow us @chainpower and support our little effort to get Steem to the blockchain apex.
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How to calculate the value of your Steem power

If you have been around on this platform for a while, you probably know that to succeed here, you need to have enough Steem power. Especially since after HardFolk 21, the reward formula for curation changed to 50-50. So, if you have more steem power, you will have a bigger share of the 50% payout to curators (those that upvote a post). So why can you know the value of your Steem power? There is a useful tool made by @penguinpablo that will help you to calculate the value of your Steem power. Here is how to use it.
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Step 1: Log on to https://steemnow.com/ and click the Calculator icon as shown below.

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Step 2: Type in the amount of Steem power you want to calculate (Check Image below).

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Step 3: Enter your voting power. Each time you upvote someone, your voting power reduces from 100%. The more you vote, the more it reduces. As it reduces in %, the value of your vote reduces too. But for the sake of learning, you can leave it at 100% (check image above)

Step 4: Enter the voting weight. The voting weight at 100% is gives the full value of your Steem power. If your steem power is less than 500sp, your votes are automatically set to 100% weight. Above 500SP, anytime you want to vote, a slider will appear in which you can set your voting weight. If you reduce it from 100%, the voting value also reduces. Again, for the sake of learning, you can leave it at 100% (check image above).

Step 5: Click Calculate. Thats all. the value of your Steem power will appear as shown in arrow 6.

So for the example in the image, 10000SP at a voting power and weight of 100% gives a value of 0.0806$.

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Hello dear @chainpower.

This tool seems very useful and versatile.
Do you have a lot of time using it?

I really did not like the interface much, but this is compensated with all that valuable information that is compiled in the scrolls.
Congratulations to the programmer @penguinpablo.

Thanks for sharing.

All best, Piotr.