#Sellout
Atrocious, I know, but let me explain. Basically, this is just an experiment. I simply wanted to try and see for myself how the broken SBD peg affects the payouts on a larger scale than my regular payouts.
I still think that buying up-votes and self-voting is not the way to go on this platform and I'd love to see many of the proposed changes come to reality.
This is the post that I've bought up-votes for. For today's post, I will refer to today's prices of SBD ($3.40 USD) and STEEM ($3.94 USD). I will monitor the potential payout value, as it may decrease over time. There will also be a second post after 7 days when the payouts have been transferred to my account, in order to determine whether the trade was profitable or not.
Here is how much I've sent to each platform:
| Name | Sent | Refund | Total |
|---|---|---|---|
| 5 | 1.144 | 3.856 | |
| 5 | 0.417 | 4.583 | |
| 0.6 | 0 | 0.6 | |
| Total SBD | 10.6 | 1.561 | 9.039 |
9.039 SBD translates to $30.7326 USD
Shortly after sending the SBD, I received around 134 up-votes worth approximately $17.23, well at least that is what the Steemit frontend says. If the peg had not been broken, that 9.039 SBD would have translated to $9.039 USD. Let's see what are the payouts really worth.
| Name | SBD | SP | Total USD |
|---|---|---|---|
| Pending payout | 8.62 | 2.19 | |
| Market price | 3.40 | 3.94 | |
| Total USD | $29.308 | $8.6286 | $37.9366 |
As you can see, the actual value of the payouts is $37.9366 USD. Thus, the post has made a profit of $7.204 USD so far. We will have to deduct 25% from this for the curation. This gives us the grand total of $5.403 USD. Not bad.
Closing this down, if you still think I'm a sellout, go watch this video.