Steemit Crypto Academy Contest / S10W5 -: Getting to know Mvest

Hello all my friends...

^{Edited on Canva}

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The theme this time is very interesting, Getting to know Mvest. This is week five of the 10th season of the Steemit Engagement Challenge. We need to know this because it can affect the influence of our power in the ecosystem, what and how we can get the Mvest amount. Here are a few questions asked and I'll try to decipher them as best I can.

• What is Mvest?
• What is the relationship between Mvest and Steem?
• How many Mvest does your account have? Show screenshots.
  Assuming that your account has 35,000.00 Steem Power, how many Mvest is it equal to?

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Before proceeding to the Mvest stage, the book must first know its meaning. Mvest is a unit of measurement for Steem Power. So, Mvest is obtained when you have Steem Power. In steemit, Steem Power is not only our strength in giving Upvotes on posts that are worth Steem and TRX, but also as a form of investment. SP will determine the amount of Mvest, and Mvest will determine the reward we will receive for healing, therefore the more SP, the greater the MVest, and the higher the Mvest, the more Steem we will get.

So, Mvest and Steem Power are closely related, the more SP you have, the more Mvest you will receive. So, changing steem to Steem Power has never harmed us. We see that SP is in the form of numbers, right? In fact, what we see is the value of the Vest, which itself is a very large percentage of influence in the steem ecosystem.

The number of these vests is determined by the SP we have, so the greater the SP, the greater the number of these vests. Whereas SP shows the amount of Vest that we can buy at that time, if at that time the exchange price is high then we will get a lot of SP, if it is little then we will also get a little SP, and this amount is influenced by market prices.

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To see the exchange relationship between SP and MVest we can use the tool https://steemworld.org/ in it we can enter and look for the "Market Info" option, at the end we can see that at the moment the change is 568,622 STEEM per MV.

As I said above, this amount is influenced by market prices, so this amount can change at any time and we can monitor it from here, so 1 SP today will get a different Mv amount in the future.

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Alright, to see the amount of Mvest on my account @liasteem, then we need to explore https://steemworld.org/@liasteem and select the "Balance" option. There we can see some information.

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There, we can see some information regarding the amount of Mv I got from the SP I have. I have 7,201.751STEEM|12.665MV, which means my SP value is 7,201.751STEEM and it represents 12.665MV. And then we can see that my Delegated Vesting Shares amount is 4,001.421STEEM|7.037MV. So, the higher the SP we have, the higher the Mv value we can get.

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And to simulate equality between SP and MVest, we can use the steemwordl.org tool again, for this we select the "delegation" option, then click "delegates" which is located in the lower left corner as shown below;

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From the table above, we can see that currently if we delegate 35000 SP, then that is equivalent to 61,558,621.935515 Vest. We can say that MVest is the larger number of Vests, this number is one millionth, that is, 1 MVest equals 1,000,000 Vests , so if we divide by 1,000,000 vests it will be 61.56 MVest. This value is intended to simplify assessments that are too long to be shorter (systematic).

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We have to know the relationship between Steem and Mvest, and everything that is available on the platform so that we know how it affects the steem ecosystem and how much it affects us. In this way we will also better understand how healing can occur and how we benefit by investing in the results we receive from every post we publish.

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^{*All images are mine, taken using the screenshot above on the Redmi 10 smartphone}

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Until here, my participation in the Steemit Engagement Challenge S10W5 at SteemitCryptoAcademy.
I would like to invite my friends to participate in this Steemit Engagement Challenge, @drhira @irawandedy @abialfatih @f2i5 @elrazi @nancy0 .

^{Thank you also for supporting me at every opportunity}

greetings,
From your friend
❤

ABOUTME

Where there is a Will there is a Way
Greeting friends!