30% in a day
Okay. So, let's put that in context with the numbers shown on exchanges.
How much is that daily 30% compared to the numbers shown there?
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30% in a day
Okay. So, let's put that in context with the numbers shown on exchanges.
How much is that daily 30% compared to the numbers shown there?
It will blow them away with the compounding.
Unfortunately, because the daily DHF budget limiting wasn't designed exactly to my original specification, it divides new money added to the budget by 100, instead of just existing money, so the compounding is not nearly as fast as it could be (at that rate, any price action on any coin, even BTC, would be rapidly crushed). But it's still a pretty fast growth rate.
Btw, if you want to see what kind of compounding we would have had if we didn't have the 100 day divider on new money as well as old money in the DHF (ie. my original spec for the DHF), go to this page, plug in 30% daily interest and select daily compounding. It's somewhat eye-opening...
https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php
30% daily (or 10950% annually) would literally cause the calculator to overflow. Are you sure about that?
Even at simple interest, you are still looking at almost 110x of your initial investment.
Yes, I'm sure. You can do it with a spreadsheet too.
The only issue, as I mentioned in other comments, is that the final implementation for DHF imposes the 100 divider on the new money (the profit) as well as the old money already in the DHF budget. So the real compounding rate doesn't match the daily compounded rate as it would have, it's a more complicated formula with a lower compounding rate that the page can't calculate (but you can do it with a spreadsheet and it's still quite huge).
Could we implement the hbdstabilizer AMM logic directly into hived so a part of the DHF inflation (without brakes) could be directed towards that "trustless" account?