Did You Know How The Value Of Each Upvote Is Distributed When You Make A Prosperist Pledge?
This is my 19th post since my Prosperist ZeroCash Funding Experiment began sometime in February 2018. The dynamics of author and curation rewards are so complex that it's almost impossible to come up with an accurate quantification of the Upvote ROI . Although Google search reveals several articles on Steemit ROI, but none helped me get to a precise net value of how returns on upvotes are quantified, like this one claims to show an accurate way to calculate ROI when using @booster bot, but actually leads nowhere. This more recent one claims 90% return on delegated SP, but it actually means 90% of SBD the bid bot receives from the vote buyer not including the SP from the curation rewards.
So I decided to do my own analysis based on the exact values I had for the exact amount of Steem Power used, author rewards in SBD, author rewards in SP and curation rewards in the Prosperist ZeroCash funding experiment during the previous couple of months. Based on using full 100% votes 154 times a week, here is the breakdown of net ROI per annum:
Author SBD Reward (transferred to @prosperist): 43% APR
Author SP Reward (Prosperist Pledger retains it): 19% APR
Curation Reward (Upvoter retains it): 6% APR
Hence, even if you guys are transferring the pledge upvote SBDs for Xteem tokens, you are still retaining 19% of the upvote value as Steem Power. And, if an owner of say $1 million worth Steem Power stays inactive, he still earns an interest of 2% APR. But if he uses it to fund a cause, he can generate $430,000 for the cause over a span of a year and still share a profit of up to $270,000 (19%+6%+2%).
PS:
This analysis is only estimate based on my own voting pattern. Moreover, calculating exact ROI is impossible as quantum of rewards also depend on the timing of upvoting content.
The Prosperist Pledge
If you wish to continue to participate in the ZeroCash experiment and willing to comply with the rules specified in my previous post, you can make the following pledge in your comment on this post:
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
I thank all those who had cooperated and supported this cause. Special thanks to @rahemanali, @bitbulls, @benadam, @musheer @dexin @ormus who helped this pilot campaign.
For FAQ please check here
For Prosperist Elevator Pitch please check here
🙂🙂
PLEASE NOTE:
As explained here it is impossible to upvote all pledges. Those who have defaulted their earlier pledges and rated C will not be upvoted unless they comply by transferring their overdue SBDs to @prosperist.. New pledgers will also not be upvoted unless majority @prosperist moderators, @zerocash members upvote them.
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
Thanks @sharonomics I am beginning to understand the concept.
I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01
I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01
I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01
Yes there is little to gain and a lot to lose from defaulting, all in all I have gained probably about 2 SP (roughly, not exactly sure) and of course my Xteem tokens.
I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01
I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01
I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
Well, that's an interesting finding. I didn't know I was actually keeping 19% of the total reward in addition to the Xteem tokens while transferring all the SBDs to @prosperist.
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
This is amazing. It's win-win for everyone :)
I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01
This analysis brings so much clarity to Steemit's very complex algorithm of rewards.
I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01
I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
i returned my all rewards to prosperist and also from this post 5 days ago
https://steemit.com/steemit/@sharonomics/recapping-the-first-zerocash-experiment-that-beat-the-conventional-wisdom
but @bitbulls replied me 4 days ago on your previous post coment that i didnot returned i think you need to see deeply my all tranfering and wallet history
My apologies @kellyrose. I don't know how I missed that transfer. Sorry for inconvenience.
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”
“I pledge to share my SBD reward from this post with @prosperist to earn Xteem tokens @ 1 Xteem token / $0.01”