SteemEconomics Voting Service Return On Investment 2018-05-22

in #minnowsupport6 years ago (edited)

Break-even point today is $1.84 vote value for 1 SBD and $2.47 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.)

Please see table below for ROIs from 1.50x to 3.00x vote value.

Bid-Bots ROI Updateby @cheneats
Datetime (UTC)2018-05-22T00:00:02
SBD Price2.23181
Steem Price2.99383
SBD Break-Even Point1.84x
Steem Break-Even Point2.47x
Vote Value / Bid Ratio1.50x1.75x2.00x2.25x2.50x2.75x3.00x
SBD ROI-18.55%-4.97%8.61%22.18%35.76%49.33%62.91%
Steem ROI-39.28%-29.16%-19.04%-8.92%1.20%11.32%21.44%

Author Reward = 37.5% of vote value in SBD + 37.5% of vote value in Steem (divided by steem price)

steemeconomics.png

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