How much 1UP / SPT / Hive Power are needed for a $1 Vote Power?

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What's up Hive community and hope you're having a wonderful Sunday! I've been running some simulations about the voting power and value and I want to share it with you all.


stake.png

Image source: Logo form hive-engine and $1 bill from Wikipedia

I was inspired by:

ONEUP

I've been pretty bullish on 1UP since day 1 and it provides the perfect incentives for blogging about gaming in addition to engaging!

The focus today is on How many staked ONEUP are needed to have a voting power of $1!

PS: The price is always subject to changes and depending on the Hive price.
P.PS: Voting rewards are split 50/50 between the Author and the Curator!


1up curation.png

As you can see, around 720 ONEUP are needed to have a voting power of 1 ONEUP equivalent to $0.065 at current price.
While you need around 11k ONEUP to have a voting power of $1 and around 11,5k ONEUP for 1 Hive.

Being upvoted by a 1UP Curator (15K ONEUP delegated) earns you more than a $1 so it's really important to provide decent contents in order to get upvoted!

The biggest upvotes I've had so far are from Flauwy and Kevfibot account at around 170 Vote power (both have around 150k Hive staked)
iii.png

SPT

These are SPT calculations:


spt curation.png

You may notice the difference between SPT and 1UP, you need 4300 SPT for a voting power of 1 SPT

While you need a whopping 580k SPT for a voting power of $1 and 600k SPT for 1 Hive

You might think that such numbers cannot be achieved but wait:
@monster-curator is sitting at 27 Million SPT (99% are delegated to that account), upvote value at 20% is around 1300 SPT (my latest upvote I got from it) or 6500 SPT if used at 100% power. (Exceptional awesome contents got 100% from monster curation! congrats and keep doing your best!)
curr.PNG

Hive Power

Hive token, the father of this whole amazing ecosystem, everyone is seeking to accumulate the most Hive Power. You'll find amazing and motivational posts under the hashtag #myhivegoals:
These posts never fails to make me amazed and looking up to their dedication to reach their goals:

Here's the Maths:


hivee.png

You need 19k HP in order to have a voting power of 1$, a bit less for 1 Hive voting power

  • looking at my 54 HP
  • looking back at these numbers
  • Sigh, a long way to go...

I wish everyone the best of luck to reach their end of the year goals and know that aiming for thousands of HP as a goal is never a simple task!

My thoughts

Don't let those numbers discourage you, while it's the fatest way to reach $1 vote value throught 1UP, we should be aiming for the long term while putting the effort in achieving what we want!

As for now I've got my SPT ready to put in the diesel pool while I want to split my 1UP 50/50 between staking and diesel pool while accumulating as much HP as possible.

Tip: Weekly splinterlands challenges rewards with a juicy amount of Hive upvotes so be sure to at least take part of it by, for exemple, sharing an interesting battle you had!



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53 comments
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@tipu curate !PIZZA !BBH !ALIVE !PMG !LUV

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Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

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Congratulations @cantfoldaces! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You received more than 1500 upvotes.
Your next target is to reach 1750 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out the last post from @hivebuzz:

Hive Power Up Month - Feedback from Day 18
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This is a great post. I need to get my staking up!

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I am fascinated that you did all that math to share this information. Thank you! I am looking forward to the day when my votes are worth at least $1 in Hive instead of pennies on the dollar. I have to get to 5K HP first and I am almost there. 😀

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I agree Lisa. 5K Staked Hive is a great goal. It is the goal I am currently working on, but I am not currently close like you. I am working on my first 1K Hive powered up which should be done by the New Year and then I should reach 5K that June if I can adhere to the investment schedule I made.

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Hey Chris! I was going to put all the Hive that I got from the XTM to ETH to Hive transaction that finally got done yesterday. Thought better of it because it wasn't going to get me to 5K and I want to invest in other stuff too. I am sure you will get there. Just keep stacking! Happy Sunday!😀
!ALIVE



Made in Canva

-- @lisamgentile1961

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It took some time but it was really fun doing all the maths! Good luck on your road to 5k HP (I guess this is called the Dolphin rank?), a quarter dollar upvote power doesn't seem bad!
As for $1, that's a long way for us :')
@chris.topher Good luck too on your way to $1k!

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Thank you, @cantfoldaces! No, a quarter dollar upvote is not bad. When we are consistent in our content creation and curation those sure add up!😀
Have a great Sunday!
!ALIVE



Made in Canva

-- @lisamgentile1961

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Oh my, I'm way behind you Lisa. But 1$ worth of ONEUP upvote could be a goal, that is quickly achievable.

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You are where you are in your journey, @freedomprepper. I am learning that I need to focus on enjoying it because when you get to the goal there is always the next place to go. Just keep doing what you do and get better every day.😀
!ALIVE



Made in Canva

-- @lisamgentile1961

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Bro it's going to be hard to keep up with your quality if you continue posting like this. Awesome information, and the level of detail was just perfect. Clear and straight forward writing is always a delight to read, and I'm doing almost the same as you regarding the pools and staking.

Glad to be with you in the long run.

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I just don't want to fall behind your great contents :p Thanks a lot dude, let's give it our best and enjoy the ride!

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Thank you so much for this info. It is awesome. I have been talking about trying to figure out vote value. I think this is essential info especially since 50% of your upvote is rewarded back to you.
I gave you a 100% upvote about 1.4 1UP tokens, My goal is to stake 50,000 1UP Tokens by June 2022.
I am going to feature your article in my post today as I believe everyone can benefit from this information, oh and I also followed you :-D

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You're awesome Chris! Thanks a lot for the upvote and the mention in your post (donno why I didn't get a notification on peakd) :D
I should've stressed about 50% split between author/curator and not putting it as a "P.S".
Good luck on your 50k 1UP Goal and you got a new follower too!

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1UPmascot2.png

Boom! you have been manually curated by failingforward for your great content

1UPdevidercomment.png

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That is such an awesome graphic "The 1UP Mascot" I bet if you made the 1UP belt buckle in real life it would sell really well I would buy one for sure :-)

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Appreciate the curation! and hope I find myself among the top 50 on 1UP rich list :D

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Great post, I need to start stacking more oneup! my curation value sitting at 0.37 my goal is to hit 1.0 Per full value vote, hopefully soon!

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(Edited)

Cool thanks this was a rather informative post looks like I need to figure out my plan moving forward and probably add some skin in the game for spt and oneup
maybe short form of the unstaking process and other groups could be a good addition to this as hive has many many deep dives. I'm sure if you enjoy writing this type of content the dives are endless i.e. !PIZZA and beer or other groups like pgm whereas it is only an individual unit or .1 you receive at those regards but that info in a readable way maybe interesting to some <3

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Speaking of deep dives there are an infinite number of projects to look into, I've already wrote about PIZZA (rock solid community) and PGM (new promising gaming project) and on the lookout if something new comes up, I've been neglecting LEOfinance a bit since I lack the knowledge about finance/trading but that shouldn't be a reason tbh :')
You're awesome and always a pleasure interacting with you :D

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Np ahhh thank you for reminding me actually I need to look into pgm next yeah there is truly a immense amount of resources out there.

Yeah leofinance is something I am going to circle back into as most my life was around financial and marketing field, so for me this space is an exploration and evolution process for me to challenge and grow myself. <3 thanks for the compliment and yeah I always try to interact and comment on posts I find valuable or interesting I mean if not who are we really blogging for haha

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Amazing comparison. How cool that we can give such valuable upvotes with 1UP.

1UP-devider-comment.pngYou've got 1UP'ed! Thanks for using 1UP and its #oneup tag, your NFT and PlayToEarn blockchain gaming community on www.1up.zone. Join us on Discord.
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That's the truth, 1UP upvotes should be considered the most valuable ones!

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Thanks for this great post! Your calculations are wonderful as it allows everyone to understand what's going on behind the scenes: the whole curating rewards is kinda obscure for the majority of Hive users, so posts like this are superb!

1_up_curator_luizeba.png

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When I first strated on hive ecosystem, it took me a couple of weeks to understand how the curation works! I hope this post can help a lot of hive users.

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Exactly! The whole curation system isn't intuitive: the rewards of your post isn't actually yours (as half of it goes to the people voting), you can vote 10x per day on full votes, etc.

In the end, all of that makes Hive not newbie-friendly :(

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It's true that isn't newbie-friendly and hive ecosystem is not about making hundreds of dollars since day 1, but if someone just post "today's rewards" without putting in any useful/interactive information, don't expect to get upvoted.

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You guys just made my day!! :D :D
Coming back and finding around 200 Upvotes is incredible for me! Thanks a lot!!

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Great way to explain these complicated calculations. A lot of the time it is easier to get a lot of small holders to vote on your posts and comments than it is to get one of the people with the $1 voting power. Good luck going forward.

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Thanks a lot for the compliment! I'm always happy with every upvote I guess, I do consider it as a proof of providing a decent content.

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That is a fantastic comparison. I intuitively changed my perspective towards ONEUP and off the HIVE token. When Hive could be compared to BTC, big gains will be achieved in tokens like ONEUP.
I have to get back on the writing saddle to gain a few more tokens, because what you laid out, is a goal of mine as well. 1$ in OneUp Voting Power is pretty sweet and achievable in the mid-term future.

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Thanks a lot for the compliment! Yeah I really like comparing HIVE to BTC, ONEUP is still at its early stage and unlike hive, not many members are staking ONEUP so the curation rewards are way higher and the the $1 Voting power is achievable in a couple of months by posting and curating!

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