Right now it works out to .00286 LEO per LBI token held if payouts were being made.
LEO Earned/Total Tokens Issued/2
Posted Using LeoFinance Beta
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Right now it works out to .00286 LEO per LBI token held if payouts were being made.
LEO Earned/Total Tokens Issued/2
Posted Using LeoFinance Beta
Assuming it stays at that rate (compounded with half of the earn Leo put back into LP), it is about 15.4% APY. Of course, this does not include the appreciation of value in LBI.
Thanks for letting me know.
That is just the dividends. The other piece goes directly to the value of the token, hence right now running at about a 30% annualized.
We will see how the numbers fare over the next couple months.
Posted Using LeoFinance Beta
I made a small mistake so its suppose to be 16% with dividends included. Basically did a summation of (0.00286)(1+0.00286)^n from n=0 to n=51. Before I got 15.4% by doing (0.00286)(1+0.00143)^n.