RE: Save2Soar: Crowdfunded Investment Savings Scheme brought to you by SteemAlive. (100% Powered up)

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Save2Soar: Crowdfunded Investment Savings Scheme brought to you by SteemAlive. (100% Powered up)

in hive-167622 •  4 years ago 

A good initiative. I didn't see the interest people will get after the whole year. How would the interest be calculated? Weekly, monthly or annum? Whichever way, what will people get if their total savings is 100 steem (for instance) after a year?

hive-167622
4 years ago by

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      ·  4 years ago 

    Assuming we have 10 people saving and at the end, they got 1000 Steem. Then because the account is earning through curation, it made extra 500 steem, then the 500 steem is shared equally because everyone had contributed equally too. @smyle

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