There are many services offered by Minnowbooster starting from delegate to bot, lease from bot, sell your vote to minnobooster, instant upvote by sending SBD. Have you ever analyzed the revenue model or the return part for the user using any of the services....!! If yes, then you are making the optimum use of those services offered by Minnobooster and if No then join me here.... Today I am going to make a comparative analysis of “Delegate to bot” and “Sell your Vote to Minnowbooster”.
Sell your Vote to Minnowbooster
This is relatively a new feature added by Minnowbooster. In this feature what an user can get on monthly basis, I have explained as per below. Let’s have a look on it.
Minnobooster will pay 75% of the bid received from the bidder which is roughly 50% of the upvote value. The upvote value by Minnowbooster generally varies from 1.6 to 2.0 SBD per 1 SBD bid from time to time. This is because of various factors like fluctuating steem price, VP value, SP etc. But with “sell your vote” feature the parameter of MB itself may not count but the proportional vote value will be same be it MB or sell voter.
So here apart from the direct SBD from Minnowbooster, the user will also earn curation reward, which I have not calculated yet, and the curation reward varies from 0 to 25% depending upon the age of the post at the time of upvoting.
If you want to know the optimal strategy for curation then please visit this article where I have explained in details:-
OPTIMAL STRATEGY FOR CURATION REWARD
So if we consider an average 12.5% curation reward, then the above revenue figure will be like:-
12.5% of 10 SBD per day = 1.25 SBD
Per month revenue (curation)= 1.25*30 = 37.5 SBD
So adding the curation part the total revenue per month = 150+37.5 = 187.5 SBD
Delegate to Bot
Let’s analyze the earning by “Delegating to bot”. In this if we take the same parameter of a user, then how would be the earning, let’s have a look on it.
So here a user by delegating the same amount of SP to Bot can earn 150 SBD per month (considering 1 STEEM = 1SBD). This calculation is based on a 18% APR. However this 18% APR is an approximate figure and the actual one vary from day to day basis.
Comparative Analysis
One undeclared fact we must understand as a steemian is that “SP” plays a pivotal role in terms of growth in this community. This is something every user should understand and accept. It’s very natural and obvious in this community that if you have a decent amount of SP, people will follow you and also will participate in your blog. This is an undeclared truth that every steemian might have experienced at some point of time with their engagement in this community.
NOTE - In no way I am demoralising any great and authentic blogger or writer by this statement. This statement is based on what happens in 70% of the cases and in that sense I am generalising my statement. So in 30% of the cases I am putting the original content writer and blogger.
So with the new feature “sell your vote to Minnowbooster”, you are keeping your influence factor (SP) with you and still earning those passive SBD.
But in the feature “Delegate to Bot” you are delegating your SP to Bot, that means you are losing your influence factor. However you are earning on the basis of 18% APR, which is not a bad figure.
So from the above comparative analysis, it is clearly evident that the new feature “sell your vote to Minnowbooster” is having the edge over “Delegate to Bot” not only in terms of more revenue but also in terms of keeping the influence factor intact. It may please be noted that in no way I am discouraging anyone in choosing a particular service from Minnowbooster. I have made this analysis as an independent user and it must not be perceived in a generalized sense. The users should make their own analysis depending upon their suitability prior to availing any of the service offered by Minnowbooster. Further the above calculations are theoretical only and actual upvote in “sell your vote” feature will happen at the time of bidding by a user. So the actual condition may differ.
Disclaimer
That’s all for today. I request you to participate in the comment section for further analysis and I also request the admin of MB @reggaemuffin to review this article and point out mistake, if any so that I can make necessary correction. For any further query I request you to contact @minnowbooster and their admin @reggaemuffin and other support staff like @furious-one @tech-trends in discord chat.
Other Related Article
SELL YOUR VOTE TO MINNOWBOOSTER
Note
SP = Steem Power
VP = Voting Power
Image Credits:-
MINNOWBOOSTER
Follow : @sthitaprajna
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Have you looked at the other delegation possibilities lately? Any worth it you think?
Hi, @sthitaprajna,
I'm a PSA bot. This is the first time I’ve seen you use the #MinnowBooster tag.
Tags help the community find relevant content.
If you are a MinnowBooster user and need help, the staff is actively monitoring the tags and will come back to you soon.
If you used the tag by mistake for unrelated content, we will be grateful if you please edit your post to remove the tag.
If you need help now, you can visit the discord channel here: MinnowBooster
We wont bother you anymore, happy steeming!
Thank you for the info! I have been looking at options. So far, I have been powering up all my sbd.
The numbers and formulas you are describing make sense but I think that using bots to upvote content is basically a black hat technique that in the long run will fail or be frowned upon, as it's not providing real value to the community.
Just ran across this post and wanted to link it as it's very relevant:
https://steemit.com/minnowbooster/@minnowbooster/minnowbooster-abuse-cases-defined
Thanks for sharing @sthitaprajna... Love it.
This post received a 27% upvote from @morwhale team thanks to @sthitaprajna! For more information, click here! , TeamMorocco! .