HELLO EVERYONE,
<p dir="auto"><span>I am very proud of the policy bot <a href="/@smartsteem">@smartsteem and <a href="/@smartmarket">@smartmarket because this bot is very responsible for everything the steemiank. anyone who sends sbd he must vote or send back. <pre><code> THIS IS PROOF <p dir="auto"><img src="https://images.hive.blog/768x0/https://img.esteem.ws/kyu4l2fcah.jpg" alt="image" srcset="https://images.hive.blog/768x0/https://img.esteem.ws/kyu4l2fcah.jpg 1x, https://images.hive.blog/1536x0/https://img.esteem.ws/kyu4l2fcah.jpg 2x" /> <p dir="auto">We've noticed that the current market-situation has had a negative influence on many of our customers and even on us, as well. <p dir="auto">Seeing prices fall is, most of the time, not a great motivator to create posts, videos and advertise them with services as Smartsteem.com. <p dir="auto">That's why we decided to do something that will hopefully motivate many of you. <p dir="auto">Guaranteed positive ROI with our bid-bot *<br /><span> While our vote-selling market (<a href="/@smartmarket">@smartmarket) has had a positive ROI ever since its creation (currently 10%) - <a href="/@smartsteem">@smartsteem, the bid-bot has a max ROI of 10% as well but also a max loss of -10%. <p dir="auto"><span>Which means: bidding with <a href="/@smartsteem">@smartsteem would give at most an upvote with a positive ROI of 10% and at max with a negative ROI of -10%. <p dir="auto">The Change: Guaranteed 1% positive ROI<br /> Starting from today with a limited time-span, we've changed the max loss from -10% to +1%. Which means: you'll get at least an upvote with a positive 1% ROI. <p dir="auto"><img src="https://images.hive.blog/768x0/https://img.esteem.ws/lcp5aj9unw.jpg" alt="image" srcset="https://images.hive.blog/768x0/https://img.esteem.ws/lcp5aj9unw.jpg 1x, https://images.hive.blog/1536x0/https://img.esteem.ws/lcp5aj9unw.jpg 2x" /> <p dir="auto"><span>As seen on the image above, you can confirm this change by going to steembottracker.com and taking at <a href="/@smartsteem">@smartsteem's configuration. <p dir="auto">ROI Calculation<br /> Now, we also have to talk about the important topic of ROI calculation. <p dir="auto">When we say guaranteed positive ROI - we're talking about the ROI at the time of the vote-purchase/bid. Which is calculated as follows: <p dir="auto">Storytime<br /> Max is a motivated steemian who is creating high-quality posts and wants to promote his post to reach a bigger audience. <p dir="auto"><span>After creating his post - Max decides to use the vote-selling market and bid-bot from Smartsteem.com. He takes a look at steembottracker.com and sees that the next bid-round for <a href="/@smartsteem">@smartsteem ends in 10 minutes. So he transfers 10 SBD to <a href="/@smartsteem">@smartsteem. <p dir="auto"><span>Additionally, he decides to buy 10 SBD worth of votes from Smartsteem.com as well - but he wants the max-amount of visibility so he waits until his post is 30 minutes old and then transfers 10 SBD to <a href="/@smartmarket">@smartmarket. <p dir="auto">Vote purchases on a post that is younger than 30 minutes, result in lower upvotes as curator reward is lower => more reward for the author.<br /><span> After he sends his transfer to <a href="/@smartmarket">@smartmarket for the guranteed 10% ROI upvotes - he notices that <a href="/@smartsteem">@smartsteem upvoted his post and checks how the current bid-round went on steembottracker.com <p dir="auto">7.32% ROI. That's a solid number he thinks to himself and smiles. <p dir="auto">Storytime: Explanation<br /> We hope that you enjoyed our little story. Now, Max bought both votes from the bid-bot and vote-selling market. The ROI calculation is pretty much the same for both. <p dir="auto">The data for this example is as follows: (NUMBERS BELOW ARE FICTIVE AND DON'T REPRESENT THE PRESENT) <p dir="auto">STEEM - 2 USD<br /> SBD - 1.8 USD <p dir="auto">Calculation: Ratio<br /> First - we calculate the USD vote-ratio aka the payout from votes. <p dir="auto">(SBD_PAYOUT) + STEEM_PAYOUT_IN_USD <p dir="auto">(0.5 * SBD_DOLLAR_PRICE) + 0.5 <p dir="auto">(0.5 * 1.8) + 0.5 => 0.9 + 0.5 => 1.4<br /> That means - our basic ratio is 1.4 - which would equal to a neutral 0% vote. <p dir="auto"><span>For <a href="/@smartmarket">@smartmarket - with a guaranteed 10% ROI - this would mean: <p dir="auto">Basic Ratio * ROI_PERCENTAGE <p dir="auto">1.4 * 1.1 => 1.54<br /><span> And for <a href="/@smartsteem">@smartsteem with a bid-round ROI of 7.32% <p dir="auto">1.4 * 1.0732 => 1.5<br /><span> Now - these numbers represent the ratio without curation. But in the case of <a href="/@smartsteem">@smartsteem, votes are only cast once your post is 30 minutes old to prevent bid-sniping and are dynamically calculated for <a href="/@smartmarket">@smartmarket. <p dir="auto">Calculation: Ratio + Curation<br /> At 30 minutes - a voter receives 25% of his own vote-value. <p dir="auto"><span>This means - for <a href="/@smartsteem">@smartsteem: <p dir="auto">BASIC_RATIO * CURATION_PERCENTAGE <p dir="auto">1.5 * 1.25 => 1.875<br /><span> And for <a href="/@smartmarket">@smartmarket - this is dynamic based on the post-age, but Max decided to buy votes as soon as his post was 30 minutes old, which makes the follow calculation: <p dir="auto">1.54 * 1.25 => 1.925<br /> Calculation: Max's Votes<br /><span> Max send 10 SBD â 18 USD both to <a href="/@smartsteem">@smartsteem and <a href="/@smartmarket">@smartmarket. <p dir="auto"><span>From <a href="/@smartsteem">@smartsteem, he received a vote with a 7.32% ROI: (the ROI could have been between 10% and 1%) <p dir="auto">10 SBD * 1.875 => 18.75$<br /><span> And from <a href="/@smartmarket">@smartmarket - he will receive votes equal to 10% ROI: (always 10% - guaranteed) <p dir="auto">10 SBD * 1.925 => 19.25$<br /> Calculation: Payout<br /> Now, 7 days later - Max, is happy because his post was payed out. But in that time-frame the Steem price went to 1.9 USD and SBD to 1.7 USD - would that have resulted in a loss? <p dir="auto">Let's find out and calculate the Payout. <p dir="auto"><span><a href="/@smartsteem">@smartsteem - 18.75$ vote. <p dir="auto">VOTE * BASIC_RATIO_WITHOUT_CURATION <p dir="auto">18.75 * 0.75 => 14.06$ (Payout after curation) <p dir="auto">((14.06 * 0.5) * 1.7) + (14.06 * 0.5) => 12 + 7.03 => 19.03 USD<br /><span> In the case for <a href="/@smartsteem">@smartsteem: <p dir="auto">Max paid 10 SBD. 18 USD at time of purchase and 17 USD at time of payout.<br /> Max received 12 SBD + 3.7 SP => equal to 19.03 USD. <p dir="auto">19.03 USD - 18 USD => 1.03 USD (5.7% ROI - SBD price of purchase)<br /> 19.03 USD - 17 USD => 2.03 USD (10.6% ROI - SBD price of payout)<br /><span> Now, the calculation for <a href="/@smartmarket">@smartmarket's votes is very much the same, so we'll skip that. <p dir="auto">Result<br /> As you can see - even though STEEM & SBD price fell - Max still made a very good profit. Between 5% and 10%. And we are not even counting the visibility he gained with that promotion. Which is actually the most important thing here. <p dir="auto">We really hope that this post made the whole ROI-calculation a lot clearer for you guys! <p dir="auto"><span>And remember, you'll always make a positive ROI with <a href="/@smartsteem">@smartsteem and <a href="/@smartmarket">@smartmarket as long as outside influence aren't making too much trouble ;) <p dir="auto"><span>Go to Smartsteem.com and promote your posts right now or send a transfer directly to <a href="/@smartsteem">@smartsteem & smartmarket. <p dir="auto">We'll be waiting for you! <p dir="auto">Team Smartsteem <pre><code> OUR MOST IMPORTANT POSTS <p dir="auto">Two Ways to Earn With SmartSteem: Do the Smart Thing! <p dir="auto">Smartsteem.com - Empowering Quality Content <p dir="auto">Smartsteem Referral System - Earn Vote-Selling Shares <p dir="auto">Terms of Service <p dir="auto"><br /> BECAUSE I AM VERY HAPPY WITH YOU<span>THIS POST GOT <a href="/@smartsteem">@SMARTSTEEM SORRY I HAVE TAKEN YOURS.