Nice! I checked it out, I would suggest giving a clearer picture of the real numbers.
The final SBD/SP. The USD value is great, but having a clear result of what SBD/SP would be would make it easier to understand and more useful.
As you described in your post, I would like to create a tool estimate the author reward based on the post reward but I still don't know how to calculate that.
I'd love to see that. I started doing whatever else is doing is upvote themselves since I only post 1-3 times a day and I spend a lot of time on them. I don't want to wait 30 minutes and remember to come later, so I just click the checkbox (which is defaulted to check but I refused to do it for the first 5 months I was here).
The new change to 15 minutes and the leak to reward pool will change things dramatically. Not 100% sure how I feel about it and if it is the best solution, but I do like the cut from 30 minutes to 15 minutes.
There is a lot of talk about increasing the curation %, and I think this will happen eventually. As it is right now the 25% is more like 16.8% on average.
Curation was 50% at one point in time.
I think that if the rewards more accurately reflected 25% instead of 16.8% like you pointed out- it will be perfectly fine.
However if it is increased more than that- I believe it will even further encourage circle jerking onto just a few posts for pure profit.
Yeh !
I've created a little app to calcul and explain the process.
https://utopian.io/utopian-io/@evildido/a-simple-app-to-estimate-the-real-reward-value-of-a-steemit-busy-contribution
Nice! I checked it out, I would suggest giving a clearer picture of the real numbers.
The final SBD/SP. The USD value is great, but having a clear result of what SBD/SP would be would make it easier to understand and more useful.
Thx ! You are totally right. In fact, I have already made this one in another post (in french) to explain how to choose the reward method.
https://steemit.com/fr/@evildido/chronique-d-un-witness-choisir-son-mode-de-recompense-et-autres-bizarreries
As you described in your post, I would like to create a tool estimate the author reward based on the post reward but I still don't know how to calculate that.
You would need to calculate all the votes in the first 30 minutes. (Soon to be 15 minutes when the next hard fork lands).
yes but I'm a noob and I don't have enough time
Awesome thanks for sharing!
an application is great but I like it more in this way, more basic and safe.
There is nothing risky with his code, you don't enter any private keys or anything. Just enter a number and it calculates it.
The tool is opensource and under MIT licence.
You can download it and look the code (is pretty simple. Even me can understand it :) )
Thanks very good post!
@themarkymark This website will do it for you.
steem.supply
Best of wishes! Steem on!
Very familiar with the site. :)
I was just going to comment and ask if there is a tool to help with this! Good job!
Thx.
As @themarkymark said, it can be a good thing to add the final price SBD to STEEM (in order to help steemians to choose between 100% and 50/50).
I think it would be a good idea to note that the next HF will change it so your early self vote does not reduce curation rewards.
The portion that would have gone to you will instead be sent back into the rewards pool, and curators will see a larger percentage.
https://steemit.com/steem/@steemitblog/hardfork-20-velocity-development-update
I'd love to see that. I started doing whatever else is doing is upvote themselves since I only post 1-3 times a day and I spend a lot of time on them. I don't want to wait 30 minutes and remember to come later, so I just click the checkbox (which is defaulted to check but I refused to do it for the first 5 months I was here).
The new change to 15 minutes and the leak to reward pool will change things dramatically. Not 100% sure how I feel about it and if it is the best solution, but I do like the cut from 30 minutes to 15 minutes.
There is a lot of talk about increasing the curation %, and I think this will happen eventually. As it is right now the 25% is more like 16.8% on average.
Curation was 50% at one point in time.
I think that if the rewards more accurately reflected 25% instead of 16.8% like you pointed out- it will be perfectly fine.
However if it is increased more than that- I believe it will even further encourage circle jerking onto just a few posts for pure profit.
Thanks for the info, very useful for people like me on his first month on steemit. 😁
omg @themarkymark, this is wonderful and very unique article and it helps me alot, thanks for sharing great information with us
Thanks for tell us method of calculation
Did not know that Thanks for the info Helped me to calculate!
Thanks for share @themarkymark
Great tutorial bro.
Some of the information was unknown thanks
Thanks for share dear
Great post @themarkymak! Thanks for sharing with us!
Oh this has cleared what has been bothering me because I don't know how to calculate my rewards before but thanks for this useful information