How to calculate how much voting $ I can spend by knircky

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· @knircky ·
$21.33
How to calculate how much voting $ I can spend
I am looking to figure out how to calculate what it means in SBD or $ when I have 100% of voting power and want to spend so much that the power will be X%.

Example:

- Take an account with 100k SP. 

- At 100% the voting value will be around $7, at 50% it would be about $3.5

 - If I vote until the voting is at 50% how much money do we have to give in SBD overall.

Is there an elegant way to calculate this?

Code would be perfectly fine
๐Ÿ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 7 others
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vote details (71)
@johnrenald ·
I think it is smart way and simple to calculate the vote in SBD or in $. But what happen if many account we have to vote? *how to calculate this?*
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@mightypanda · (edited)
Not sure if I understand your question correctly, but here are some numbers based on my understanding.

From your example. You will lose .14 after each 100% vote that you cast. So in total you will cast 136.5$ worth of votes to get from 100% to 50%. Calculation are not exact but pretty close I believe. Based on current steem and sbd price and considering 25% curation, you will make 51.1875 SBD and 61.67 STEEM (equivalent to 52.23 SBD ) . This means it should be equal to 103.149 SBD.


![image.png](https://ipfs.busy.org/ipfs/QmbYVwtT78Syyw4d2x8mBLoUt8ZgESXyerAfYsuqc3fQad)
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@knircky ·
$0.19
How do u come up with this table
Specifically how do u know how much % VP we lose with every vote?
๐Ÿ‘  ,
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vote details (2)
@mightypanda · (edited)
you lose 2% VP everytime you vote at 100%, that reduces value of your vote. It takes 2.4 hrs to recover 2% VP so you can cast 10 votes at 100% everyday without ever running out.
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@themanwithnoname ·
I don't know the elegant way to do it, but I looked up the vote value of an account with 100k SP and started with the vote value of $7.17. Here's what I got as a result. 

I hope that helps!

![image.png](https://ipfs.busy.org/ipfs/QmT7TWHKeyaMwYGw4sonaquWHaJMr541C2tciCkoLZ1mk1)
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@khan.dayyanz ·
you can use https://www.steemnow.com/upvotecalc.html to calculate the amount of your vote at different %age.
![](https://cdn.steemitimages.com/DQmdfTcgDxgN9sT25zBfX4Q8b7zagDugJ5NjjCRgZPDWr3q/image.png)

Thank You!
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@summisimeon ·
$0.03
Steemworld is there to calculate everything for every account.
U can look yours here https://steemworld.org/@knircky

Its a screenshot of yours

![Screenshot_20181005-103106.png](https://cdn.steemitimages.com/DQmQtr4PNomBVLQeR5dqQh7PJXWiBWujxSpXoLvEPSp6d5A/Screenshot_20181005-103106.png) 
U can switch to any account and you can simulate SP .

Thank you
Yours @summisimeon
๐Ÿ‘  , ,
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vote details (3)
@viraldrome ·
I hate SBD they should abandoned it just confuses everything
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@frdem3dot0 ·
I kind of agree fictional $ rewards, steem, sbd, vests, steem power, dust limits, ... there is too much stuff for an average user. Just pay all rewards in steem.
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@viraldrome ·
$0.02
They let you take it all in SP but not in just Steem/SP. I hate SBD i exchange all of them as soon as i get them, the last month or two with no sbd was great. Also they were never able to peg them at  1 dollar so what is the point?
๐Ÿ‘  
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vote details (1)
@knircky ·
$0.20
umm why?

Also if u hate it why do you use it? You do not need to use it or get it. You can select to just get SP instead.
๐Ÿ‘  
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vote details (1)
@viraldrome ·
I prefer the liquid Steem and SP combo, unless SBD go back to Dec 2017 prices, in which case I m wrong and they are great
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@bluemist ·
More quick and user friendly solution would be to install @steem-plus extension in your browser, so before every time you upvote you can have an estimate worth of your vote

![k.jpg](https://cdn.steemitimages.com/DQmYdqShSdJEGYFTZnKF8XCoZFkTxZLa5i93Fg6mXMiUJXT/k.jpg)
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@mediawizards ·
@bluemist is this google chrome extension?
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@bluemist ·
Yes,  i think its available for Mozilla too now.
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@knircky ·
$0.20
i am looking for a calculation, not UI stuff
๐Ÿ‘  
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vote details (1)
@libert · (edited)
Not sure if I understood correctly, but you can use steemnow calc, it allows you to set voting power and voting weight and shows you vote value in $.

https://steemnow.com/upvotecalc.html 

Oh lol someone already suggested it nvm
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@frdem3dot0 · (edited)
$2.20
Hi @knircky

There is a nice mathematical formula to compute the total value in that case. Let b be the value of a vote at 100%, then when voting down from 100% to x% 
compute  (100 - x)/2 = n + r where n is a natural number and r is the residual

Example: x = 88.5% then (100 - 88.5)/2 = 11.5/2 = 5 + 0.75 so in this case n = 5 and r = 0.75.

Then the value from all votes is given by

n * b * (101  - n)/100  + r * b * (100 - 2 n)/100

Lets confirm it agrees with the above tabulated solutions:
@mightypanda used x = 50% so (100-50)/2 = 25 -> n =25 and r = 0. The base value b was assumed to be b=7
Our formula then provides:

25 * 7 * (101 - 25)/ 100 =  133 which does not agree! 

But a quick look reveals that @mightypanda does add an extra vote at the end when we are already at 50% so in that case the voter would have left 48% vp. That means for comparison we should use x= 48%!

In that case n = 26 and 
26 * 7 * (101 - 26)/ 100 =  136.5

giving exactly @mightypandas result

Now let me add a word on the base value b. What should be taken here depends on what you want to do. The vote value displayed on steemit in $ does include curation rewards and assumes that an SBD = 1$. The pure value of a full strength full mana vote in steem can be computed using

        reward_fund = s.get_reward_fund()
        fund_per_share = Amount(reward_fund["reward_balance"]).amount 
             /float(reward_fund["recent_claims"])
        
        sp_vests = Amount(acc['vesting_shares']).amount
        received_vests = Amount(acc['received_vesting_shares']).amount
        delegated_vests = Amount(acc['delegated_vesting_shares']).amount    
        total_vests = sp_vests + received_vests - delegated_vests

        rshares =  total_vests * 1e6 / 50  
        rshares -= 50000000.
        
        vote_val = 3./4. * rshares * fund_per_share

in steem_python. I add up the vests of the voting account and compute the resulting rshares according to HF20 rules.  Then using info from the reward fund I get the vote value in STEEM. Now this can be converted into SBD or any other unit of account using conversion rates. Note that I included a factor 3/4 to remove curation rewards. 

If anyone has interest in the derivation of above formulas please let me know!
๐Ÿ‘  , ,
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@knircky ·
$0.19
Exactly what i was looking for!
๐Ÿ‘  
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@frdem3dot0 ·
$0.02
glad to help. 

Note that the r is also the voting weight of the last vote so you end exactly on x% voting mana. n = 4 and r = 0.75 means 4 100% votes followed by one 75% vote
๐Ÿ‘  ,
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@steem-bounty ·
Buonty added
@knircky has set 5.000 STEEM bounty on this post!
 ![logo_for-light-bg_1000.png](https://steemitimages.com/DQmdYbGNQCwrAsveg9Yv5YeRqCCzjCYhoavinDwYLqPN9mu/logo_for-light-bg_1000.png)   <br>


Bounties are  a new way you can earn rewards irrespective of you Steem Power.  Go [here](https://steemit.com/steem-bounty/@rjoshicool/how-to-use-steem-bounty-one-of-the-most-popular-dapp-on-steem-blockchain) to learn how bounties work.

Earn the bounty by commenting what you think the bounty creator wants to know from you.

[Find more bounties here](https://steem-bounty.com/) and become a bounty hunter.

Happy Rewards Hunting!
๐Ÿ‘  
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@steem-bounty ·
Bounty Payout
Congratulations to the following winner(s) of the bounty!
- @frdem3dot0 has earned 2.815 STEEM. 2.791 STEEM from the creator of the bounty and 0.024 STEEM from the community! 
[Find more bounties here](https://steem-bounty.com/) and become a bounty hunter.
- @rentmoney has earned 1.619 STEEM. 1.619 STEEM from the creator of the bounty! 
[Find more bounties here](https://steem-bounty.com/) and become a bounty hunter.
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@rentmoney · (edited)
$1.66
@knircky Steemnow will show vote values and is the perfect tool. Just type in any amount of VP / SP / VW and it will show you the value of the upvote : https://www.steemnow.com/upvotecalc.html

Steemdollar also shows values : http://www.steemdollar.com/dollar_per_vote.php?name=rentmoney

- The below site has detailed info on upvotes as well

https://developers.steem.io/tutorials-recipes/estimate_upvote
๐Ÿ‘  
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vote details (1)
@knircky ·
$0.24
thank you. That tutorial is awesome!
๐Ÿ‘  , , ,
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@rentmoney ·
Your Welcome !
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@diogosantos ·
Although I love maths, Iยดm not sure that those values that you are trying to calculate are consistent. And to be real I'm pretty lazy right now, Iยดm on vacations!

Btw, thankfully there is a genius in the comments that has already answered your question :D
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@pizzachain ·
Well, others listed some answers, but I believe this to be by far the easiest method:

Consider 100% votes only (Lower voteweight gives the same result, but 100% votes make calculations easier)
SP: 100k
100% voting weight at 100% voting power gives $7, VP substraction = 2%
Once you reach a lower amount of voting power, you can calculate the new reward per vote by: 
[Reward] = [Vote Power] x $7
Now there isn't 2% substracted everytime you vote. When you get to lower votepowers, this works:
[New Vote Power] = [Old Vote Power] - ([Old Vote Power]/50) 
Easier Notation:
[New Vote Power] = (49/50) x [Old Vote Power]
[Vote Power Substraction] = (1/50) x [Old Vote Power]

Now note this interesting fact: At lower vote powers you get less rewards, but also less votepowers, which always equals 2% for $7.

See this example: You're at 75%. 
A vote would give 0.75 x $7 = $5.25.
A vote would substract 1/50 x 75% = 1.5% Vote Power
So you get $5.25/1.5 = $3.5 per %, so $7 per 2%!

Now that makes calculations very easy... This is all you need to calculate it:

Vote Power = 100%, gives $7.
Vote till 50% gives 50/2 = 25 votes at $7. 
25 x 7 = $175.
So you would get $175 worth of rewards till you're at 50%. 

In one formula: [Total Rewards] = 50 x [Vote Value] x ([Old Vote Power] - [New Vote Power])
So [Total Rewards] = 50 x 7 x (1-0.5) = 350 x 0.5 = $175

I hope this helps!
๐Ÿ‘  
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vote details (1)
@iamthegray ·
I went through the comments and realised someone has already mentioned steemnow.com

Well, I'm going to comment anyway just in case you decide to gimme a share of the Steem bounty for arriving late (yeah. I can be that greedy)
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