How many posts does it take to become a Minnow? A Dolphin? A Whale?
I like playing with numbers.
I find it fascinating to calculate numbers to figure averages and trends. A few questions that has crossed my mind are "How many posts do I have to make to become a bigger fish?" or "How much STEEM POWER do I need to become a minnow? Or a Dolphin? Or a Whale?"
Let's make this simple. Or not.
The mechanics of the STEEM blockchain may seem a little daunting at times. There's STEEM, STEEM-back dollars, and STEEM-POWER. Sorting them all out takes some effort. There are many good articles that explain this, like my post from last month here.
What I'm interested in doing here is figuring out the math to figure out how many posts it would take to grow in status from a #redfish to a #minnow. Or beyond.
A Steemit.com Secret
I learned a little secret about the STEEM blockchain. It is this:
STEEM POWER does not exist as a token.
STEEM POWER is a representation of the value of your VEST using STEEM tokens. It's a way of calculating the value of your investment. Using your STEEM to invest into the platform, rewards you with greater influence, more valuable upvote and upgraded status. Your VESTS determine which 'aquatic animal' you are.
You can POWER DOWN and convert your VESTS back into STEEM tokens over a period of time.
Redfish want to become Minnows
If I'm a redfish that wants to become a minnow, how would I calculate how much STEEM POWER I need to move to the next level. These SP numbers are approximate, but they give an idea of scale.
The idea of aquatic animals comes from steemitboard.com which ranks your accomplishments and VESTS.
Currently 1M VEST is valued at 487.531 STEEM (This number can change)
LEVEL 1: REDFISH
LEVEL 2: MINNOW
LEVEL 3: Dolphin
Level 4: Orca
Level 5: Whale
Your influence? Your VESTS.
So how many VESTS do you have? Find out at steemitboard.com. Just type in your user name and your vests will appear under your 'aquatic animal' icon. If you are reading this, you are a redfish or minnow.
If you are not, please consider supporting this post with an upvote.
The Math
You can calculate your average VESTS per posts by using numbers provided at steemitboard.com. Your total VESTS will include curation and comments (and power ups) so it's sort of your cumulative steemit effort divided by your number of posts.
If you are a redfish with about 200,000 VESTS (about 100SP) and have posted 85 posts, the math is this:
200,000 VESTS / 85 posts = 2352.94 VESTS/post average
The goal is minnow status, so 1,000,000 VESTS - 200,000 VESTS = 800,000 VESTS GOAL
800,000 VESTS / 2352.94 VESTS/post = 340 posts to 1M VESTS
340 posts to minnow. That's a lot of posts.
Trade SBD for VESTS
Because SBD is so valuable right now, you can purchase VESTS at a rate of 13,300 VESTS / SBD by purchasing STEEM and powering up. So about $60 SBD would purchase all the VESTS this redfish would need for minnow status (an additional 380 SP).
That means in the case above, every $0.176 SBD that redfish trades for STEEM and powers up is the VEST equivalent of an entire post's average payout.
Try these calculations with your own account and see how many posts you need to bring your steemit experience to the next level.
These are my thoughts about the 'behind the scenes' of steemit.com and what it takes to become something other than a redfish.
Take care and Steem on!
@ironshield