it's funny how Khal is just not accepting this fact and is somehow getting 21%... He certainly is smart enough to understand the basic calculations. Don't have a problem with a low APR if that's what they choose, it's just that they should make it more transparent
You are viewing a single comment's thread from:
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)
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.
@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