Delegation test results - drip drip drip

in delegation •  7 years ago 

So 11 days ago I delegated 10 Steem, daily return has averaged 0.0063 SBD. So I'm earning about 0.063% per day. But right now 1.09 SBD buys 1.0 Steem. So thats more like 0.057% per day. Since you can't easily reinvest dividends, lets just add up dividends with no compounding. That comes to 1.7% per month or 20% per year. Not sexy by cryptocurrency standards but pretty good to the rest of the world. Good enough I delegated another 10 Steem to @upyou. Again based on the criteria of transparent payouts that are made daily. First payout just came in. I will update again soon. And play around with an easy way to reinvest dividends to boost returns.

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Upvote :) Follow *****

Thx

I am still very vague with knowledge about this thing!

thanks for sharing that example -it's good to see how the numbers stack up

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not sexy but decent i would say