Hello,
Today, I wake up at 6 in the morning and goes for morning walk. I did some exercise and meditates for some time. Coming back home I brought some daily essentials. After coming back, I took my bath and goes to roof top. It a very clear and nice weather. I enjoyed the sun bath for some time which is very important for your body as it helps to generate vitamin D in our body.
Afterward, I did my breakfast. I read some articles and listen to music. I started to watch the anime series One Piece.
After that, I activated on Steemit and read some articles. Today, I find some glitches or say problems in #CLUB5050 tool created by @starlord28. Source :. I do not really know that these are really faults or I misunderstood them.
What I found is, that the tool that tells about #club5050, calculates the SBD earned by the user and then converts them into steem at the current rate in exchange(SBD to STEEM) and then draws the pie chart about the power-up status.
To highlight the problem that I find, I am using my accounts example. When I search for my accounts details I get this :
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I searched for 1-month details, the tool shows that I get 107.029 SBD in the last 1 month. The tool now converts these SBD into STEEM at the current exchange rate of 11.64 Steem for 1 SBD. After this conversion, the total STEEM for my account for this 1 month is 1246. Now, the tools draw the pie chart of steem power up status. At this time my power up is 50.6%
I checked these power up details after 5 hours and I get these details :
.png)
As you can see, I selected the same time period and now this tool shows total SBD as 107.029 but the STEEM earned is now 1257.6. Becuse now the exchange rate of SBD to STEEM is 11.75. And, due to this rise in exchange rate the tool now draws pie chart based on these details and my accounts power-up percentage reduces automatically.
Now, suppose the exchange rate for SBD to Steem goes to 20. And if I search for my power-up percentage for same period, the tools will show total steem earned by me as 107.029 * 20 = 2140 but my powered up steam remains same as 631. So, the tool now shows that my power-up percentage is 29.4%.
So, according to me this tools should be rectified, and the exchange rate of SBD to STEEM should be kept as the payout day's exchange rate or the exchange rate of the day on which I powered up my steem.
For your attention : @sapwood , @starlord28, @steemcurator01, @steemcurator02
First off, it is a supplementary tool to quickly get a tentative idea of the #club5050 status of a User.
You should go through this POST.
Further, the pie chart and the Author SBD to STEEM equivalent tracks the latest internal exchange rate of SBD to STEEM. So it is obvious that you would get this kind of result. This is going to fluctuate because the exchange rate fluctuates.
We understand your concern. That is why another table is added below which enlists the transfer details for that specified period.
Please note that an equivalent amount of STEEM must be powered up matching the amount of STEEM transferred to Exchanges to be eligible for Club5050.
The user who has not transferred any STEEM during the specified period should power up at least 50% of their payout to be eligible for Club5050.
I hope it clarifies.
Thank you.
Cc: @starlord28
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Thank you @sapwood, for your clarification. I have a little doubt.
Suppose I earned 100 seems in the last 1 week and I transferred 30 STEEM to my exchange then should I have to power up only 30 STEEM as this amount is equivalent to the amount that I have transferred.
Suppose I earned 10 SBD in the last 1 week and rather than converting them into STEEM as conversion rate is 11. If I want to power up STEEM that I have liquid in my Exchange Wallet then how much STEEM do I have to power up. Should I power up STEEM equivalent to 50% of the total STEEM that I get at the current exchange rate or some else? Or, Do I am eligible for #club5050 if I power up STEEM that are transferred from my exchange?
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The users who have earned SBD and transferred STEEM both, to be eligible for Club5050, must meet both the requirements:-
Put simply, it should be greater of the two.
Example,
Suppose you have earned 100 SBD(say 1100 STEEM), based on the conversion if you have powered up 50 SBD equivalent of STEEM, say 550 STEEM. But you have transferred 600 STEEM during the specified period, then the power-up should be 600, not 550.
Thank you.
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Got it, thank you for explaining.🙂🙂
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This doubt can only be cleared by sapwood? But according to your calculation and analysis i can say you are not wrong. Let's see what admins and mods conclude.
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Thank You for your understanding. It is good to clarify your doubts before doing anything wrong.
Thank You for your reading !!!
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Congratulations on being a 'Season Superstar' for the Steemit Crypto Academy !
#club5050 😀
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Thank You !!!
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