Every time SBD goes back to the same level of STEEM, a position which I call "being at parity", there is this trend among Steemit authors that it will be more profitable to take your rewards in 100% Steem Power.
Everybody has the right to choose and implement his own strategy about his Steemit activity, so please don't take this as a "the ultimate truth", but rather as a way to see which ROI is better, based on market conditions.
So, let's make some calculations (again...). I'm gonna use this rewards algorithm, taken from my site steem.supply.
Suppose Your Post Made 10 in STU
Here's a visual breakdown of your rewards, if you choose 50% / 50%, at the current market prices:
So your overall profit is $17.14.
Whereas if you would have choose 100% power up you would have made $7.5. Because, if you choose 100% power up you are paid in the Steem Power worth of dollar.
So if STEEM would be $3.51, you would get 7.5 / 3.51= 2.13 SP.
When Does It Get Profitable To Use 100% Power Up?
Again, the same page comes to the rescue. I just put the SBD slider in the $1 position, and here's what you'd get if SBD would trade at around $1:
At this point, the amount shown near your posts in Steemit will actually be real. So if SBD trades at - or below - $1, then it's pretty much the same thing if you get it 50/50 or 100% power up. As long as SBD stays above $1 you get better ROI.
Please keep in mind that SBD was designed to be at $1 and what the markets are doing right now is pretty much an anomaly from the Steem governance point of view (but something very real from the point of view of the market, who is always right).
Feel free to play with the sliders at the page mentioned above to test various scenarios.
Steem on!
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me .
Wanna know when you're getting paid?
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I know the feeling. That's why I created steem.supply, an easy to use and accurate tool for calculating your Steemit rewards |