After the HF 21/22 and the introduction the 50/50 split, the curation rewards have become more attractive. One can now earn more only by curating. Get paid for clicking the like button.
But how much stake is needed for the curation rewards to become attractive and even outperform top author rewards?
To answer the question above first we need to set a level for the author rewards. Lets see how much are earning the top authors on Hive currently.
Here are the top 20 authors for the week April 13 – April 19, 2020.
| Rank | Author | HIVE |
|---|---|---|
| 1 | taskmaster4450 | 1,615 |
| 2 | oflyhigh | 1,318 |
| 3 | tarazkp | 1,283 |
| 4 | jrcornel | 1,267 |
| 5 | deanliu | 1,013 |
| 6 | steemcleaners | 931 |
| 7 | dbroze | 806 |
| 8 | kingscrown | 800 |
| 9 | pharesim | 780 |
| 10 | honeybee | 778 |
| 11 | themarkymark | 776 |
| 12 | claudio83 | 742 |
| 13 | afrinsultana | 724 |
| 14 | offgridlife | 650 |
| 15 | cryptopie | 635 |
| 16 | rok-sivante | 611 |
| 17 | lukewearechange | 611 |
| 18 | meesterboom | 606 |
| 19 | hufflepuff | 589 |
| 20 | krnel | 587 |
Disclamer: The numbers are aproximate and not totally accurate.
On average the top 20 authors are making 850 HIVE per week.
850 HIVE per week
This will be our target. It is a high bar to reach. How much stake is needed to be able to earn as the top authors?
Curation Rewards
I have made some Curation Rewards analysis before looking for some depencies and as it turns out the only thing CR are dependent on is the efficiency.
The ROI on CR can wary between from 6% up until 14%, and in some very efficient cases even more than 15%.
| SP | Daily CR | Curation Efficiency | CR per 1000 SP | ROI | No of accounts analyzed |
|---|---|---|---|---|---|
| 1,000 | 0.18 | 41% | 0.18 | 6.57% | 5 |
| 5,000 | 1.20 | 50% | 0.24 | 8.76% | 3 |
| 20,000 | 4.00 | 47% | 0.20 | 7.30% | 3 |
| 50,000 | 11.00 | 40% | 0.22 | 8.03% | 3 |
| 150,000 | 46.00 | 63% | 0.31 | 11.19% | 3 |
| 556,000 | 201.00 | 60% | 0.36 | 13.20% | 1 |
| 638,000 | 112.00 | 40% | 0.18 | 6.41% | 1 |
| 686,000 | 121.00 | 43% | 0.18 | 6.44% | 1 |
For our case we will take a ROI around 10% that is an average one and can be achieved without some serious efforts.
When we do the math, things look like this.
For an average ROI of 10% on curation rewards, to have 850 HIVE rewards per week, one needs 443k HP.
Quite a significant stake and just under the whale mark of 500k.
If we amp the CR ROI to 15%, then this stake drops down to around 300k.
What can we conclude from the above is that it takes a significant amount of stake to be able to have CR rewards equal to the once on the top authors rewards.
But this analysis is a bit one sided as it takes into account only the CR rewards. In reality most of the holders with a 300k or 400k HP will be probably doing some posting as well from time to time. Even if he is not a top author and doesn’t aims to be one, still he will be recognized in the community and have some authors rewards on the top of his curation rewards.
In my personal opinion I believe that every holder with more than 100k HP that occasionally do some posting is competing with the top authors on the platform. Also, not to forget this is a comparison with the top league. If you lower you bar, the amount of HP needed will be significantly lower.
So, there you go, have at least 100k HP, curate at will, post a little, and your earnings will match those on the top authors. If you go over 300k or 400k HP than you are a guaranteed winner 😊.
You can even go through the new section and look for some random people to reward for their hard work. They will be grateful and happy when they see that large upvote. Tipping indefinitely. What a noble concept.
All the best
@dalz