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RE: Steem Power delegations available again from BlockTrades

in #blocktrades7 years ago

Thank you! I did it very similarly, but to make it more real, I would also need to subtract the SP I originally had and take the current STEEM price into calculation. What I came up with is, that from 3+ upvotes I´ll have a positive ROI - but again, since the prices are fluctuating very much, I can only hope that the STEEM price over the next 3 months will be above the current $4.

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Yep just calculate on the basis of delegated SP exclude your own SP. But at the moment, it takes two and half a month to cash your investment relying on self upvotes(10 votes per day at current prices of steem). 3 votes per day is pretty less, the profit ratio will be very little and may be you just secure what you invested for getting the delegated SP on the course of 90 days of your delegation(at current prices of steem). Let me do some math for you.
At the moment, for 25 SBD you get 231 delegated SP(vote weight at 100% 0.06).
0.06 x 10 (10 i.e votes per day) = 0.6
0.6/2 (half sbd, half sp) = 0.3 sbd one day payment for 10 self upvotes.
0.3 x 90 ( 90 days delegation)=27 (2 sbd profit) calculated on current prices of steem and SBD.

At the moment, if you only think about SBD, the profit is less. But if you bring the SP you get by self upvoting in account, it is still profitable to get delegation at the current prices offered.

Wohooo! Thanks for doing some math for me! I guess, I will self-upvote more than 3 times then, but I also think, that the Steem and SBD prices will go up over the next 3 months. Thanks!

I hope too they go up soon. You're welcome.... :))