Steem Power ROI Update 2018-05-14

in #minnowsupport6 years ago

Current vote value is $0.187 for a 100% full vote value of 1,000 steem power at 100% voting power.

Time (UTC)2018-05-14T02:00:05
SBD Price2.62003
Steem Price3.1785
Vote Value$0.187

Equation

The equation for calculating vote value:
vote value = voting_percent * (steem_power * (voting_power(%) * 1000000 + 49) * reward_balance * steem_to_sbd * total_vesting_shares) /
(2500 * recent_claims * total_vesting_fund_steem)

Blockchain Variables

reward_balance738922.0
steem_to_sbd2.834
total_vesting_shares389086772386.0714
recent_claims4.549396227391241e+17
total_vesting_fund_steem191185063.985

Maximum Rewards

Maximum Author Rewards Per Vote0.094 SBD and 0.033 Steem Power
Maximum Author Rewards Per Year341.925 SBD and 120.651 Steem Power
Maximum Author Rewards Per Year in Steem402.498 Steem
Maximum ROI Per Year40.25%

To calculate the maximum rewards, we assume that votes are casted when posts are created so 100% curation reward of these votes go to the author by using the formula below:

  • Author Rewards SBD = total_payout * 50%
  • Author Rewards SP = total_payout * 50% / steem_to_sbd
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