- - HOW TO CALCULATE YOUR UPCOMING POST REWARDS MANUALLY WITHIN SECONDS - -
Hi Steemians.
2018 has come up with a surprise for all of the steem user with a massive STEEM price spike.
But as a blogger we have lot of complications in our reward calculation,because now we have four currencies to keep eye on
- Steem post reward currency that is show in post
- SBD
3.Steem - USD or our local currency that we spend in our daily life.
There are many automated tools that do the job of upcoming reward calculation but doing the job manually is also write fun and simple if it's understood properly.
Because of the recent Update on steemitblog it says that the curation rewards of early upvoted post that goes to the author will now be sent back to the reward pool.
So let's assume that 75% of total reward will now go to author. So without further a do here is the calculation with example.
Let's say me post has 10$ pending reward shown on steemit or busy.org blog.
Now simply multiply this number with 0.75 and you will get author reward because it's 75% author share and 25% curator share.
10 x 0.75 = 7.5
Now divide the 75% author share with 2.
7.5 / 2 = 3.75
Now we are going to get 3.75 SBD
and 3.75 worth of STEEMPOWER
to calculate steempower divide the number with current steem market price.
For example steem is now 6$ so 3.75 / 6 = 0.625
in short for a 10$ post reward we are going to get 3.75 SBD and 0.625 SP
It's always quite fun to calculate your post reward and make a rough note of your account future value.
Here is the short formula
Post reward x 0.75 = value1
value1 divided by 2 = value2
value2 divided by currenct steem price in usd = value3
Now value2 is our SBD reward
and value3 is our SteemPower Reward.
I have tried to keep it as simplest as possible/ i hope it's helpful for readers.
Please leave your view in the comments below.
Thanks for Reading