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RE: HBD Interest Payouts For November 2022

in LeoFinancelast year

You are doing a fantastic job!
I have some questions. Appreciate it if you could answer.
Does it mean there are only about two thousand accounts that have HBD Savings?
How is payment time determined if I deposit at different times? For example, if I deposit 100 HBD on 1st Dec. and another 100 HBD on 10th Dec.?

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And does your data obtained from Hivesql?

Yes, data is from HiveSQL.

The number of accounts only represent how many have received the interest payments in the given month. In this case it was November. Total number of accounts that hold HBD at a given time might be different. However, I would guess it would be close, looking at number of accounts from previous month.

To receive the interest payment, the account owner must claim it or trigger a payment by transferring or receiving HBD. If no actions are done, account will continue accumulating interest and will receive the total payment when claim or trigger action is done. In other words, there might be some accounts that hold HBD and do nothing, they are not counted in the total number of accounts in this list.

There can be only one payment within 30 days. Blockchain would know how much each account has earned, based on how much HBD was in Saving at various times. I don't worry too much about detailed math. I am sure situations as you describe can be calculated. In simple terms, I would expect interest payments after 30 days. PeakD wallet gives an option to claim HBD interest payments.

Claiming interests regularly can help with compounding the interest.

Thank you. It's very informative.