This is a bit tangential, but you seem like a guy who understands steemit. Is there a calculator out there to determine what your up vote is worth given a certain SP. If I add 1,000SP to my account, what will my upvote be worth? It fluctuate, I imagine, based on the value of STEEM. I have looked for the answer , but only find older answers, which I doubt work post the last hard fork.. Thanks for the help.
RE: Don't take curation rewards for granted! You can get 20%+ annual ROI!
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Don't take curation rewards for granted! You can get 20%+ annual ROI!
Actually, I just found what you are looking for: https://www.steemnow.com/
@penguinpablo created the site above, and releases a daily Steemit report with Steem price changes, new users added, new content created, etc. It's a really helpful report if you want to know the overall health of the Steemit site. I would recommend following him.
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That's exactly what I was looking forward (the very tiny calculator in the corner for anyone else who is following). Interesting that my up vote is still only $7.50 if I put in 50k. Thank you for your help.
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Although only $7.50 is still a really good return on investment! At 10 upvotes per day, that's $75 total per day, $27,375 per year. More than 50% of what you invested! I know there are more factors to the algorithm based on time upvoted, other users to distribute rewards, and the overall popularity of the post you voted for, but the money still does add up quick.
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There may be something out there, but I don't know of anything. (Let me know if you find something!)
You could probably figure out by trial and error. Find out your voting power on https://steemd.com/@beriberi, then watch to see how much your vote is worth at different voting percentages. Make sure you are adding your vests to the calculation.
You know that your vests will give you a constant value per upvote when voting at 100%. The only thing that changes is your voting power, which lessens each time you vote.
Maybe something like this: [current # of vests] * [current voting power] * X (unknown amount a vest is worth) = $[dollar amount when upvoted]
I haven't tried this myself, so maybe the algorithm is more complex than that. But if a vest (steem power) holds a constant value, this would figure it out.
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