(Image source: google)
Learning from your observation is one step towards your success.Recently i noticed that i didn't have a full understanding of is how to calculate the voting power and worth of a vote without using any app. I went through some articles for it in the internet.But there were a very few materials related to it and they arose some difficulties.I'm guessing that i'm not the only one who doesn't fully understand this, so i thought it would be a good topic for a post.
To understand the idea you have to go through the article step by step.
It should be noted that all Data i have given here was obtained while i was writing this post.
Regeneration of Power:
When you vote the voting power is reduced a little bit and at the same time it is regenerated at a rate of 20% per day.
i.e. 20/24 (1 day = 24 hrs) = 0.8333333... % per hour. (here complexity arises.don't get stuck on it) š
another way to calculate is,
20/10 = 24/10 ; i.e. in 2.4 hrs (144 mins) voting power increases 2% (for complexity it tends to ~1.97%).
so it can be said that power is regenerated 1.97%~2% in every 2.4 hrs. So if your voting power is now 88%, after 2.4 hrs it will be 89.97%~90%.
Don't think that you are losing your voting power while you are giving upvote in the same way. I hope i will write on it later. š
To calculate the worth of a vote we have to perform these calculations below.
1) Usable Power Calculation:
Let your voting power, V(p) =100%.
You have set your voting power weight, V(w) = 100.
Voting power weight can only be set by whom have remarkable SP.
Now weightning power, P(w)= V(p) *V(w)/100%.... (i)
From (i), we get 100.
Now the usable power, P(u) = P(w)/50........(ii)
From (ii), we get P(u)= 2.
(2)Vesting Share Calculation:
Let your Steem power =872.
When i was writing steem per million vest was 489.326.
i.e. 1M vest = 489.326 steem.
You can find the steem vest converting value from the link below.
Link
So your totall vest = 1M*872/489.326= 1782043.055
You can also find your vests by direct method.
Link
Use "your name" instead @tasnim-tamanna.
If you recieve any vests you have to add it with your vests.if you deligate you have to subtract it from your vests.example has given below as an image form.
Now, Vests Ratio, V(r)= Your Vests*10^6/Recent claims......(iii)
Link
From (iii), we get V(r) = 0.000004269(app.)
Now,let's take two variables X and Y.
X= V(r)* Reward balance........(iv)
From (iv), we get, X=3.01(app.).
Now, Y= X* steem price.....(v)
From (v), we get, Y=10.74(app.)
So, your upvote worth = Y*P(u)/100 =$0.21(round)
Now check your's and try it.
Still i have many things left to learn.I hope you will help me and suggest me how it could be done more easily in the comment box.
š Would you please upvote and follow me to inspire to write in the next such kind of article?