Break-even point today is $1.72 vote value for 1 SBD and $2.44 vote value for 1 Steem.
Why this information
I am providing this information for those who would like to use bid-bots or other voting services to upvote their posts with unique high-quality contents. They can use this information to determine at what point it is profitable or not in making a bot purchase.
One of the common mistakes people make in using bid-bots or other voting services is thinking that as long as they get $1 vote value for $1 SBD bid or $1 Steem bid, they are breaking even. However, in reality, it is not! (Up to 25% of vote value goes to curators and half of the remaining is divided by steem price.)
Author Reward = 37.5% of vote value in SBD + 37.5% of vote value in Steem (divided by steem price)
Please see table below for ROIs from 1.50x to 2.75x vote value.
| Voting Service ROI Update | by @cheneats |
|---|---|
| Datetime (UTC) | 2018-05-27T02:00:02 |
| SBD Price | 1.82813 |
| Steem Price | 2.58469 |
| SBD Break-Even Point | 1.72x |
| Steem Break-Even Point | 2.44x |
| Vote Value / Bid Ratio | 1.50x | 1.75x | 2.00x | 2.25x | 2.50x | 2.75x |
| SBD ROI | -12.98% | 1.52% | 16.03% | 30.53% | 45.03% | 59.54% |
| Steem ROI | -38.45% | -28.19% | -17.94% | -7.68% | 2.58% | 12.84% |
Interesting what you write @cheneats, thanks for your valuable and timely information, I am new to the Steemit platform, and your post serves as a guide, to avoid making this type of mistakes. I will be active publishing content for the Hispanic community. Greetings.
Thank you so much for your comment. I am happy that you have found this information to be valuable and helpful. Welcome to Steemit again :)
This is very interesting, being new in this platform, this information will help me a lot, I need your type to always be updated.@Cheneats. Steem high.
I post daily updates on this information because the exchange rates change constantly, which impact ROI directly. Thank you for your comment. Have a very prosperous journey here!
thank you for your most valuable information for newbies like us ....Thank you bro
You are very welcome, my bro! Thank you for your comment.
Always welcome bro
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Interesante lo que escribes @cheneats, gracias por tu valiosa y oportuna información, soy nuevo en la plataforma Steemit, y tu post me sirve de orientación, para evitar cometer este tipo de errores. Estaré activo publicando contenido de para la comunidad hispana. Saludos.