What I know:
- 10% anually
- can be claimed >= 30 days by moving
What I don't know:
- does moving prior to 30 days destroy the full stake?
- where do I see how much is staking interest?
- how is it calculated?
- are there plans to display interest rate, and make it claimable in the GUI?
/cc @dantheman @arhag @ned
Those who are lazy for blogging and commenting other posts, the best option is holding their steem dollar as an investment as it gives an annual interest of 10%.
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that's wrong. Steempower give 9.5% APR, SBD interest rate is 0
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This post is very confusing. Everyone is saying SBD gives 10% a year while steempower is a high percentage but unspecified as it is somewhat volatile as it is correlated loosely with steem. Did something change. Are all of the bloggers claiming holding SBD is a 10% return wrong?
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No. Every time your SBD balance changes, the amount of SBD-seconds accumulated since the last update is added to a counter.
In the cli_wallet, type
get_account ash
The field sbd_seconds contains your accumulated total SBD-seconds at the time when your balance last changed. That time is in the field sbd_seconds_last_update.
https://github.com/steemit/steem/blob/v0.8.5b/libraries/chain/database.cpp#L3097
Basically, you take the SBD-seconds divided by one year and multiplied with the interest rate.
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thanks :)
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You get credit for every second. I will have to write a longer blog to answer this.
Short answer is it works like a bank.
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would be very much appreciated.
so I should send SD to myself every day to (what was the name?) stack interest? and there's no 30 day block?
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I think what he meant is that you don't need to do anything and your SD balance just grows
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If I remember correctly it wont grow unless you move after 30days.
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mh, a daily total in history would be great in this case?
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It seems that you would need to do this if you want the interest to compound. Every day is a bit excessive.
If you do not ever transfer, in a year you get 10%. If you transfer every month, you get 10.47%. If you transfer every day, you get 10.515%. If you transfer every second, 10.517%.
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I know it's a rather stupid question but...do you get interest if you move them to the market and place an order?
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you don't. however, interest is accumulated every second you hold steem dollar.
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Does interest paid every month or so automatically?
I have record in my history
2 weeks ago Receive interest of 0.000 SBD
Or it just because 2 week ago I got first transfer of SBD on account?
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