Steem Price
Steem price has reached a new low since I have joined in October 2017. I am curious if it impacts the internal rate of return of Steem Power as earned by author and curation awards.
I ran the number again today and compared it with last week's result. Even though the exchange rate of Steem vs USD is 20% lower, the internal rate of return for Steem Power is slightly higher.
I am still holding to my Steem Power!
Please see the result below.
ROI today is 21.97% with a yearly dividend of $0.04162 USD/Steem, which means 1,000 Steem Power can generate up to $41.62 USD income per year.
| Time (UTC) | 2019-08-09T20:21:09 |
| SBD Price | 0.8375776466 |
| Steem Price | 0.1894609559 |
| Vote Value | $0.013 |
Vote value $0.013 is based on a 100% full vote value of 1,000 steem power at 100% voting power.
Equation
The equation for calculating vote value:
vote_value = voting_percent * (steem_power * 1e6 * steem_per_mvests-5e7)/1e6/steem_per_mvests * voting_power(%) * reward_balance * steem_to_sbd * total_vesting_shares / (2500 * recent_claims * total_vesting_fund_steem)
Blockchain Variables
| reward_balance | 926024.0 |
| steem_to_sbd | 0.22126321718550834 |
| total_vesting_shares | 394992050204.44904 |
| recent_claims | 6.106171350053704e+17 |
| total_vesting_fund_steem | 199046319.967 |
| steem_per_mvests | 503.9248761183247 |
Maximum Payout of 1,000 Steem Power
| Maximum Payout Per Vote | 0.000 SBD and 0.060 Steem Power |
| Maximum Pauout Per Year | 0.000 SBD and 219.668 Steem Power |
| Maximum Payout Per Year in Steem | 219.668 Steem |
| Maximum ROI Per Year | 21.97% |
| Maximum Dividend in USD Per Year | $41.62 USD |
To calculate the maximum payout, we assume that votes are casted on or after 15 minutes of posts being created: 75% payout goes to author and 25% payout goes to curators.
