LIMITED OFFER: FROM @SMARTSTEEM. ABOUT ROLLER COUNTING
HELLO EVERYONE,
I am very proud of the policy bot @smartsteem and @smartmarket because this bot is very responsible for everything the steemiank. anyone who sends sbd he must vote or send back.
THIS IS PROOF
We've noticed that the current market-situation has had a negative influence on many of our customers and even on us, as well.
Seeing prices fall is, most of the time, not a great motivator to create posts, videos and advertise them with services as Smartsteem.com.
That's why we decided to do something that will hopefully motivate many of you.
Guaranteed positive ROI with our bid-bot *
While our vote-selling market (@smartmarket) has had a positive ROI ever since its creation (currently 10%) - @smartsteem, the bid-bot has a max ROI of 10% as well but also a max loss of -10%.
Which means: bidding with @smartsteem would give at most an upvote with a positive ROI of 10% and at max with a negative ROI of -10%.
The Change: Guaranteed 1% positive ROI
Starting from today with a limited time-span, we've changed the max loss from -10% to +1%. Which means: you'll get at least an upvote with a positive 1% ROI.
As seen on the image above, you can confirm this change by going to steembottracker.com and taking at @smartsteem's configuration.
ROI Calculation
Now, we also have to talk about the important topic of ROI calculation.
When we say guaranteed positive ROI - we're talking about the ROI at the time of the vote-purchase/bid. Which is calculated as follows:
Storytime
Max is a motivated steemian who is creating high-quality posts and wants to promote his post to reach a bigger audience.
After creating his post - Max decides to use the vote-selling market and bid-bot from Smartsteem.com. He takes a look at steembottracker.com and sees that the next bid-round for @smartsteem ends in 10 minutes. So he transfers 10 SBD to @smartsteem.
Additionally, he decides to buy 10 SBD worth of votes from Smartsteem.com as well - but he wants the max-amount of visibility so he waits until his post is 30 minutes old and then transfers 10 SBD to @smartmarket.
Vote purchases on a post that is younger than 30 minutes, result in lower upvotes as curator reward is lower => more reward for the author.
After he sends his transfer to @smartmarket for the guranteed 10% ROI upvotes - he notices that @smartsteem upvoted his post and checks how the current bid-round went on steembottracker.com
7.32% ROI. That's a solid number he thinks to himself and smiles.
Storytime: Explanation
We hope that you enjoyed our little story. Now, Max bought both votes from the bid-bot and vote-selling market. The ROI calculation is pretty much the same for both.
The data for this example is as follows: (NUMBERS BELOW ARE FICTIVE AND DON'T REPRESENT THE PRESENT)
STEEM - 2 USD
SBD - 1.8 USD
Calculation: Ratio
First - we calculate the USD vote-ratio aka the payout from votes.
(SBD_PAYOUT) + STEEM_PAYOUT_IN_USD
(0.5 * SBD_DOLLAR_PRICE) + 0.5
(0.5 * 1.8) + 0.5 => 0.9 + 0.5 => 1.4
That means - our basic ratio is 1.4 - which would equal to a neutral 0% vote.
For @smartmarket - with a guaranteed 10% ROI - this would mean:
Basic Ratio * ROI_PERCENTAGE
1.4 * 1.1 => 1.54
And for @smartsteem with a bid-round ROI of 7.32%
1.4 * 1.0732 => 1.5
Now - these numbers represent the ratio without curation. But in the case of @smartsteem, votes are only cast once your post is 30 minutes old to prevent bid-sniping and are dynamically calculated for @smartmarket.
Calculation: Ratio + Curation
At 30 minutes - a voter receives 25% of his own vote-value.
This means - for @smartsteem:
BASIC_RATIO * CURATION_PERCENTAGE
1.5 * 1.25 => 1.875
And for @smartmarket - this is dynamic based on the post-age, but Max decided to buy votes as soon as his post was 30 minutes old, which makes the follow calculation:
1.54 * 1.25 => 1.925
Calculation: Max's Votes
Max send 10 SBD â 18 USD both to @smartsteem and @smartmarket.
From @smartsteem, he received a vote with a 7.32% ROI: (the ROI could have been between 10% and 1%)
10 SBD * 1.875 => 18.75$
And from @smartmarket - he will receive votes equal to 10% ROI: (always 10% - guaranteed)
10 SBD * 1.925 => 19.25$
Calculation: Payout
Now, 7 days later - Max, is happy because his post was payed out. But in that time-frame the Steem price went to 1.9 USD and SBD to 1.7 USD - would that have resulted in a loss?
Let's find out and calculate the Payout.
@smartsteem - 18.75$ vote.
VOTE * BASIC_RATIO_WITHOUT_CURATION
18.75 * 0.75 => 14.06$ (Payout after curation)
((14.06 * 0.5) * 1.7) + (14.06 * 0.5) => 12 + 7.03 => 19.03 USD
In the case for @smartsteem:
Max paid 10 SBD. 18 USD at time of purchase and 17 USD at time of payout.
Max received 12 SBD + 3.7 SP => equal to 19.03 USD.
19.03 USD - 18 USD => 1.03 USD (5.7% ROI - SBD price of purchase)
19.03 USD - 17 USD => 2.03 USD (10.6% ROI - SBD price of payout)
Now, the calculation for @smartmarket's votes is very much the same, so we'll skip that.
Result
As you can see - even though STEEM & SBD price fell - Max still made a very good profit. Between 5% and 10%. And we are not even counting the visibility he gained with that promotion. Which is actually the most important thing here.
We really hope that this post made the whole ROI-calculation a lot clearer for you guys!
And remember, you'll always make a positive ROI with @smartsteem and @smartmarket as long as outside influence aren't making too much trouble ;)
Go to Smartsteem.com and promote your posts right now or send a transfer directly to @smartsteem & smartmarket.
We'll be waiting for you!
Team Smartsteem
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THIS POST GOT @SMARTSTEEM SORRY I HAVE TAKEN YOURS.
BECAUSE I AM VERY HAPPY WITH YOU