Phase #3 Update & ETA

in steemitbuilder •  6 years ago 


Phase #3 Update

As you're probably aware the price of Steem and SBD has dropped significantly over the past year, we don't see this as a problem at all and instead we think this is a great thing and allows you to buy Steem for fiat currencies like USD or GBP or EUR.

The exchange rate between Steem and SBD has also varied quite wildly, currently today 31/01/2019 the price of Steem is $0.27 and the price of SBD is $0.85 which means that every vote from us even though it is currently lower will still yield a ROI on your Steem purchases.

For example a $0.10 upvote from us will currently be approx. $0.085 / $0.27 = 0.31 Steem value. This is due to the variance between Steem at $0.27 and SBD at $0.85. 1 SBD = 3.14 Steem!

Currently our upvote value is $0.08 for users with 66 builds, this works out to roughly 0.29 Steem. If we take off curation at 25% and then a further 5% for price drops this works out to roughly 0.2 Steem, times that by 365 = 73 Steem!!! ROI in under 12 months!!!

Phase #3 ETA

We are working towards acquiring our delegation for Phase #3 and we will be aiming for approx. 7500 Steem Power which will enable us to offer double our current upvote value. We are hoping to have Phase #3 up and running by no later than April 2019. Until then please try and make sure you post every day to get the best return on your builds!
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