Nice guide! Reading through it at the moment.
I have to correct you: if you vote with only 50% vp it only costs you 1% vp not 2%. So if you do more than 10 votes per day, you effectively spread up your vote, but do not forfeit earnings.
Your calculations are looking solid. Steem power leasing is useful if you want to get a standing in the community. Doing it for the ROI will most likely not make you happy. (otherwise no one would lease you SP at that price)
I resteem your post once your voting power explanations are correct 😊 mention me once you fixed it.
Hey reggaemuffin, amazing - thanks for the reply and upvote!
I get what you mean - but maybe I have a thought bug. With VotePower I mean that which gets refreshed 20% in 24 hours. With Vote Strength I mean that which you can regulate once you have a certain amount of SteemPower.
So when I vote with 100% VoteStrength but i have only 80% VotePower I will get less rather than voting with 100% VotePower - right..? :'D
The calculation for how much vp a vote costs is
2% * vp * vsso0.02 * 0.50 * 1.00 = 0.01So voting 100% at 50% vp is the same as voting 50% at 100% vp. So effectively you have up to 11 100% votes per day as
0.98 ^ 11 ~= 0.80Hope that helps. If you have any questions or stuff is unclear, ask me 😊
Edit: so the less vp it costs the less payout it gives. These two are related 1:1 so you always have 10 100% votes worth of money to give out. If you vote more than 10 people it just gets spread a bit more.
There are technical details with rshares and claimed shares and steem price but they are irrelevant for that calculation.
Ah ok I understand. Thank you for the explanation! But just to be sure. The amount of VP that get's reduced is constant 2% or does it get reduced? And if yes - is there a formula too?
That is the formula I posted. 2% is only at 100% vp and vs. Otherwise they are multiplicative factors to it. So almost no vote costs the full 2%.
Okay - I understand. Thanks so much!
I've rewritten a lot of the intro text before the calculation. Are there any more bugs? I knew that I would have to edit a bit but it always amazes me how much of a tunnelvision one has when creating a post.
That is looking good. I like the fighting game analogy, it works really well.
I'd add to your xSP = y$ that steem price and rewards pool change this number all the time. So people should not rely on the accuracy of it. Steem price changed from 1.3 to 1.6 today and that made all votes be worth more automatically. If it drops same thing in reverse happens.
And the more people vote, the less each vote is worth. So if ned decides to vote, you could notice your voting power to drop. If trafalgar stops voting, you may notice your vote to be worth more.
I'm reading this because I just leased 375 sp for 4 weeks. I'm trying to figure out the best way to use it. I do not yet have a slider. I think I am best to continue to stay over 80% and vote the best I can.
But I am replying to ask you about trafalgar. I just ran into that account and it appears to upvote constantly 24/7/365. Can you shed any light on what this account is about? Very lucrative whatever it is!
Alright - done that. Very much appreciated your feedback! Danke dir!