We now know that the staking APR is 2.25%, I had no idea it was that much. This means the media can get our staking figures right and perhaps in a world of negative interest rates, powering up STEEM may be a cool option, when added to Steem Power leasing rates as high as 26.5% as is currently on order on the dlease.io platform, signifies a 28.25% APR return possible on Steem today!
Just go with the average, it's healthier for Steem and everyone involved to be realistic about the APR than throw out some crazy numbers like we have done in the past (with payouts) and only damaged ourselves more.
Also the math there isn't right.
But yes, delegating Steem to successful projects should net in some really decent returns now especially with the increase in CR, it's time we market that to the world and when they realize that the price can't possibly drop much lower than what it is now they will notice how good of an opportunity it would be to invest in SP right now and hodl for a couple years. I know we cryptoheads are into the 20-50% pumps daily, etc, but regular people will be okay with 20% APR even if price is 15% lower in a few years.
Thanks for noticing the maths error, fixed to 28.75%. The 26.5% is more than average for the market today as that lease is for 300K SP, so was accurate to say that. My personal average is 20% and has been that way for a few months, I expect it will start creeping up now.
I agree investing and hodling SP is the way to go, I don't know of any other investment that can give 20% APR while still having upside exposure, sure the downside risk will be there as with anything.
Yeah it's annoying how Steem never gets the exposure it deservers, hopefully with the SPS we can start funding some real marketing until Steemit is doing better. Best part is that funding the marketing should make Steemit do better due to adrevenue, etc.
I think @ocdb was at around 17% APR pre-hf21, while giving 10% ROI to buyers, will be interesting to see what the numbers are now after and once downvotes are used more and quality at the same time increases of the bidders as they don't want to receive downvotes. Also curious how bid bots will be doing, I haven't heard much from most of them as to their changes so I'm guessing they just keeping things as is and taking as much rewards for themselves as they can while inactive delegators are inactive.
Going to be interesting times for sure, Steem will get there. It is only a matter of time, our repo is the 5th most active in the crypto space I believe.
mmm... I've been paying out about 20% APR equivalent for months now. Gross earnings will obviously be a bit higher. Now with tokens there is not even any need to hold SP and delegate - just buy the tokens.
That in itself, avoiding 14 weeks to undelegate and power-down should attract investors. I dunno, have heard many think it's still "too high" which is bizarre given the expectations of crypto prices.
I have also created some stable-tokens - more by accident than design but anything that is truly asset-based will be more stable, at least with respect to that underlying asset. Hence they are STEEM-stable but obviously not Dollar-stable.
I have also seen research papers on PoS returns and STEEM not even mentioned!
What makes you think it can't possible drop lower in price? Very strange reasoning? This is crypto. All cryptos are high risk. They can drop to zero.