You are viewing a single comment's thread from:

RE: LEO Delegators Still Receive 6-8% APR

in LeoFinance17 days ago (edited)

Also - APY from leo.voter currently is 8.31% https://hivestats.io/@leo.voter

As there is 0 inflation and the funds are purchased on open market , the return for delegators can only be self sustainable if it is below 8.31% (curation rewards - any fee or slipperage).

Therefore if returns for delegation would be 16% - while curation rewards are 8.31% that would mean someone is sponsoring (and it would not be sustainable)

Sort:  

We’ll make a post and include actually transparent data. Commenting back and forth isn’t productive as I already commented and you’ve decided to keep making blogs to beat the same dead horse

The system is designed to bare minimum pay 16% APR. When adding compounding and PA from getting paid a scarce asset that isn’t being inflated (reduced in price over time), you get 21%+

The 8.3% or whatever you’re calculating here is a misrepresentation of how the system works. The continually posting of a half-baked picture is making me question the motive here — especially when I’ve already corrected and shown the math on how this system works. We’ll just put up a post with the real math so people can see how it works (again, as we’ve already done this but you seem to be hell bent on getting people to undelegate)

I am not trying to get people to undelegate. I simply think the system should be transparent. That said, I think I am starting to see the misunderstanding on how the system works (you seem to be basing the return on future outcomes, whereas I am looking at current returns). Definitely looking forward to your post. BTW I am really impressed by the amount of quality work you guys are putting into the Dex.

again, as we’ve already done this but you seem to be hell bent on getting people to undelegate)

@khaleelkazi is this reply directed at me? I must say I am a bit surprised by this reaction.

If I asked any questions on inleo it was to do research, which I would encourage others to do their research aswell (in any investment) - but please enlighten me, where do I tell/suggest people to undelegate? I noticed this post today and did the math today based on my delegation reward I received today ($ value of delegation x apy / interval rate = $ value delegation reward).

Regardless of whatever calculation method we use, I am not really sure where the quoted hostility is coming from?

no it’s to OP