Break-even point today is $1.70 vote value for 1 SBD and $2.33 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) | 2018-06-07T01:00:02 |
| SBD Price | 1.76636 |
| Steem Price | 2.4203 |
| SBD Break-Even Point | 1.70x |
| Steem Break-Even Point | 2.33x |
| Vote Value / Bid Ratio | 1.50x | 1.75x | 2.00x | 2.25x | 2.50x | 2.75x |
| SBD ROI | -11.90% | 2.78% | 17.46% | 32.14% | 46.83% | 61.51% |
| Steem ROI | -35.71% | -24.99% | -14.28% | -3.56% | 7.15% | 17.87% |
