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RE: The Steemit Platform did DeFi Before DeFi was cool!

in #steem-defi4 years ago

LOLzzzzzz How come a 76 reputation guy is soooo delusional.

There is no interest on the steem blockchain, there is only dillution of your stake, so increasing your steempower is in reality decreasing your stake holdings. Ohhh did I told you, the moment you put an amount value of USD into steem, the game starts, you need to keep up, just to keep the same amount value of USD.... and all the rest is speculation.

So how big is the probability that you can keep up playing the steem game?

We don't talk gains here...right ?

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Hello
The absolute number of Steem increases, the value per Steem Token is constant or increases, the total value of my account increases and that is a net gain.

Example;
I start the year off with 100 tokens, worth 0.25 USD each
Total account value $25.00 USD

Annual inflation of 8.5%
Tokens awarded my account 8.5
NEW TOTAL TOKENS 108.5
NEW ACCOUNT VALUE $27.125
ROI = net profit / total investment
ROI 2.125/25
ROI= 8.5%

Add curation of 8.5%
Now token gain doubled 17 tokens
Net profit = $ 4.25
ROI = 4.25/25
ROI= 16%

This doesn’t include any author rewards I earn only fixed token inflation and conservative curation earnings, so my ROI will be greater if I post.

This makes sense, it’s simple math. How do we check curation earnings?